CRESCENT COVE (EIN 271035515) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

MARY GAASCH

Phone

9524264711

Tax Period

2024-01-01 to 2024-12-31

CRESCENT COVE, founded in 2009, is a community nonprofit in the Human Services sector that reported $3.7M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $578K, a strong 16% operating margin.

Mission

CRESCENT COVE OFFERS CARE AND SUPPORT TO CHILDREN AND YOUNG ADULTS WITH A SHORTENED LIFE EXPECTANCY, AND THEIR FAMILIES WHO LOVE THEM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,495,750

Program Service Revenue $787,405

Investment Income $51,793

Other Revenue $340,986

TOTAL REVENUE $3,675,934

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,224,990

Fundraising Expenses $278,722

Program Expenses $2,376,663

Other Expenses $848,700

TOTAL EXPENSES $3,097,537

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,675,934	$2,842,074	+0.3%
Expenses	$3,097,537	$2,546,023	+0.2%
Net Income	$578,397	$296,051	+1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

827

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$151,875

Total Directors

$151,875

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALICIA BAME-ANDERSON	DIRECTOR	5.00	Director	$0	$0	$0
BILL HICKEY	DIRECTOR	5.00	Director	$0	$0	$0
BRIAN OSBERG	DIRECTOR	5.00	Director	$0	$0	$0
DARREN BECKSTRAND	DIRECTOR	5.00	Director	$0	$0	$0
MELISSA JOHNSTON	DIRECTOR	5.00	Director	$0	$0	$0
GEOFF KAUFMANN	CHAIR	5.00	Officer Director	$0	$0	$0
JENNIFER THIENES	DIRECTOR	5.00	Director	$0	$0	$0
MARY GAASCH	EXECUTIVE DIR.	40.00	Officer Director	$130,000	$21,875	$151,875
KEITH MOELLER	DIRECTOR	5.00	Director	$0	$0	$0
MARGRETTE NEWHOUSE	DIRECTOR	5.00	Director	$0	$0	$0
RAENELL DORN	TREASURER	6.00	Officer Director	$0	$0	$0
RICH FORSCHLER	DIRECTOR	5.00	Director	$0	$0	$0
CAROL RUSSELL	DIRECTOR	5.00	Director	$0	$0	$0
BOB COHEN	DIRECTOR	5.00	Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	$3,675,934	$3,097,537	$7,408,973	$578,397
2023	$2,842,074	$2,546,023	$6,450,750	$296,051
2022	$2,256,040	$2,238,679	$5,744,917	$17,361
2021	$2,512,892	$2,008,903	$6,185,591	$503,989
2020	$1,853,818	$1,755,647	$5,895,235	$98,171
2019	$1,346,885	$1,632,663	$5,458,517	$-285,778
2018	$1,439,266	$998,471	$5,439,276	$440,795

CRESCENT COVE