DOVER EXCHANGE CLUB CHILDRENS FOUN… - Form 990 Financial Data

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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

1996

Legal Domicile

Principal Officer

KEVIN KORNS

Phone

3303642773

Tax Period

2024-07-01 to 2025-06-30

DOVER EXCHANGE CLUB CHILDRENS FOUNDATION, founded in 1996, is a small nonprofit in the Education sector that reported $166K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $203K exceeded revenue, resulting in a 22% operating deficit.

Mission

CIVIL SERVICE AND GRANTS TO LOCAL CHARITABLE ORGANIZATIONS

Program Service Accomplishments

Program 1

Expenses: $192,238 Revenue: $147,906

BINGO GAMING RECEIPTS, EXPENSES, AND GRANTS TO LOCAL CHARITABLE ORGANIZATIONS.

Program 2

Expenses: $10,425 Revenue: $9,755

SPAGHETTI DINNER TO BENEFIT LOCAL FOSTER CHILDREN SUPPORT

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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 $17,495

Program Service Revenue $0

Investment Income $300

Other Revenue $147,906

TOTAL REVENUE $165,701

Expense Breakdown

Grants Paid $191,608

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $202,663

Other Expenses $11,055

TOTAL EXPENSES $202,663

Year-over-Year Comparison

	2024	2023	Change
Revenue	$165,701	$186,485	-0.1%
Expenses	$202,663	$171,530	+0.2%
Net Income	$-36,962	$14,955	-3.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RICK MOSS	BOARD MEMBER	1.00	Director	$0	$0	$0
LARRY LAUTZENHEISER	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANE GUNNOE	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIC HAY	BOARD MEMBER	1.00	Director	$0	$0	$0
TERRY AUMAN	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
ROCKNE CLARK	TREASURER	1.00	Officer Director	$0	$0	$0
KEVIN KORNS	IMMEDIATE PAST PRESIDENT	0.00	Officer Director	$0	$0	$0
DAN WARTHER	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
RICK JOHNSTON	SECRETARY	1.00	Officer Director	$0	$0	$0
DAN HURST	PRESIDENT	1.00	Officer 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
2025	$165,701	$202,663	$65,365	$-36,962
2024	$186,485	$171,530	$97,806	$14,955
2023	$215,707	$193,663	$82,851	$22,044

DOVER EXCHANGE CLUB CHILDRENS FOUNDATION