CHEROKEE COMMUNITY FOUNDATION (EIN 300036983) - 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

2000

Legal Domicile

Principal Officer

CRAIG SCHMIDT

Phone

7122255749

Tax Period

2023-01-01 to 2023-12-31

CHEROKEE COMMUNITY FOUNDATION, founded in 2000, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $139K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $42K, a strong 30% operating margin.

Mission

TO ENHANCE OR DEVELOP QUALITY OF LIFE FACILITIES AND ACTIVITIES IN CHEROKEE, IA

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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 (2023)

Revenue Breakdown

Contributions & Grants $136,694

Program Service Revenue $0

Investment Income $2,679

Other Revenue $0

TOTAL REVENUE $139,373

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $97,091

Other Expenses $97,091

TOTAL EXPENSES $97,091

Year-over-Year Comparison

	2023	2022	Change
Revenue	$139,373	$275,411	-0.5%
Expenses	$97,091	$103,442	-0.1%
Net Income	$42,282	$171,969	-0.8%

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

N/A

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MELINDA BROWN	DIRECTOR	0.25	Director	$0	$0	$0
TIMOTHY HOFFMAN	DIRECTOR	0.25	Director	$0	$0	$0
LORNA KOHN	DIRECTOR	0.25	Director	$0	$0	$0
ERIC LIST	DIRECTOR	0.25	Director	$0	$0	$0
CRAIG SCHMIDT	MAYOR	0.25	Director	$0	$0	$0
DAVID WILBERDING	DIRECTOR	0.25	Director	$0	$0	$0
SARA LUCAS	SECRETARY/TR	0.50	Officer	$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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$139,373	$97,091	$306,500	$42,282
2022	$275,411	$103,442	$261,658	$171,969
2021	$502,886	$820,457	$89,689	$-317,571
2020	$274,141	$177,577	$422,821	$96,564

CHEROKEE COMMUNITY FOUNDATION