CVSPIN INC TOUR DE PALM SPRINGS (EIN 330836672) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

BILL FEIST

Phone

7606744700

Tax Period

2023-01-01 to 2023-12-31

CVSPIN INC TOUR DE PALM SPRINGS, founded in 1999, is a small nonprofit in the Recreation & Sports sector that reported $618K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $176K, a strong 28% operating margin.

Mission

PROVIDE FINANCIAL ASSISTANCE TO QUALIFIED NON-PROFIT CHARITIES IN THE COACHELLA VALLEY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $658,961

Investment Income $0

Other Revenue $-40,529

TOTAL REVENUE $618,432

Expense Breakdown

Grants Paid $203,571

Salaries & Benefits $73,131

Fundraising Expenses $0

Program Expenses $427,419

Other Expenses $165,645

TOTAL EXPENSES $442,347

Year-over-Year Comparison

	2023	2022	Change
Revenue	$618,432	$555,400	+0.1%
Expenses	$442,347	$428,408	+0.0%
Net Income	$176,085	$126,992	+0.4%

Key Indicators

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

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JIM DOWLER	ADVISOR	N/A	Director	$0	$0	$0
TIM ESSER	ADVISOR	N/A	Director	$0	$0	$0
AFTAB DADA	PRESIDENT	N/A	Officer	$0	$0	$0
BILL FEIST	DIRECTOR	N/A	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
2024	No data	No data	No data	No data
2023	$618,432	$442,347	$370,634	$176,085
2022	$555,400	$428,408	$192,578	$126,992
2021	$141,228	$117,000	$65,113	$24,228
2020	$335,622	$383,377	$40,885	$-47,755
2019	$532,064	$501,966	$92,983	$30,098
2018	$64,310	$96,468	$96,769	$-32,158

CVSPIN INC TOUR DE PALM SPRINGS