CHARITY PROGRAM NATIONAL COUNCIL OF CORVETTE CLUBS INC

EIN: 311530212 501(c)(3)

Cumming, GA

Total Revenue
$3,438
Total Expenses
$23,834
Total Assets
$1,832
Net Assets
$1,832
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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
MI
Principal Officer
BETTY PARKS
Phone
4048637150
Tax Period
2018-01-01 to 2018-12-31

CHARITY PROGRAM NATIONAL COUNCIL OF CORVETTE CLUBS INC, founded in 2000, is a micro nonprofit that reported $3K in total revenue in fiscal year 2018. Revenue fell 84% from the prior year — a significant decline worth monitoring. Expenses of $24K exceeded revenue, resulting in a 593% operating deficit.

Mission

TO SUPPORT CHARITIES SPONSORED BY THE MEMBERS OF NOTIONAL COUNCIL OF CORVETTE CLUBS INC.

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $5,392
Program Service Revenue $0
Investment Income $0
Other Revenue $-1,954
TOTAL REVENUE $3,438

Expense Breakdown

Grants Paid $21,733
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,101
TOTAL EXPENSES $23,834

Year-over-Year Comparison

2018 2017 Change
Revenue $3,438 $21,653 -0.8%
Expenses $23,834 $14,630 +0.6%
Net Income $-20,396 $7,023 -3.9%
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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
N/A

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
4
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETTY PARKS TRUSTEE 002.00
Director
$0 $0 $0
DAVE HEINEMANN TRUSTEE 001.00
Director
$0 $0 $0
MICHELE CANTELMO PRESIDENT 001.00
Officer
$0 $0 $0
JOAN HEINEMANN SECRETARY 001.00
Officer
$0 $0 $0
MICHELE VASTA MEMBER 001.00
Officer
$0 $0 $0
ELAINE HERETTA MEMBER 001.00
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
2018 $3,438 $23,834 $1,832 $-20,396
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