INTERNATIONAL CAKE EXPLORATION SOCIETE

EIN: 382251889

COLORADO SPRINGS, CO

Total Revenue
$148,543
Total Expenses
$330,049
Total Assets
N/A
Net Assets
N/A
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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
1976
Legal Domicile
MI
Phone
6183632501
Tax Period
2021-09-01 to 2022-08-31

INTERNATIONAL CAKE EXPLORATION SOCIETE, founded in 1976, is a small nonprofit that reported $149K in total revenue in fiscal year 2021. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $330K exceeded revenue, resulting in a 122% operating deficit.

Mission

FORM 990 ORGANIZATION'S MISSIONTHE PURPOSES OF THE SOCIETE ARE:A. TO SHARE, PROMOTE, PERPETUATE, ENCOURAGE, PUBLICIZE AND ENLARGE THE APPRECIATION, LOVE PRACTICE AND RECOGNITION OF THE ART OF CAKE DECORATING;B. TO GRANT SCHOLARSHIPS TO PERSONS TO LEARN SAID ART AND TO EDUCATE OTHERS AS TO SAID ART;C. TO COLLECT AND DISSEMINATE INFORMATION IN REGARD TO SAID ART TO ITS PRACTIONERS AND THE GENERAL PUBLIC;D. TO HOLD EXHIBITIONS, SHOWS, AND OTHER GATHERINGS FOR THE PURPOSES STATED HEREIN ABOVE;E. TO ENGAGE IN ANY LAWFUL ACT OR ACTIVITY CONSISTENT WITH THE MICHIGAN NONPROFIT CORPORATON ACT (THE "ACT"), AS MAY BE AMENDED.

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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 (2021)

Revenue Breakdown

Contributions & Grants $13,732
Program Service Revenue $125,782
Investment Income $-3,987
Other Revenue $13,016
TOTAL REVENUE $148,543

Expense Breakdown

Grants Paid $121,567
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $328,443
Other Expenses $208,482
TOTAL EXPENSES $330,049

Year-over-Year Comparison

2021 2020 Change
Revenue $148,543 $115,126 +0.3%
Expenses $330,049 $235,392 +0.4%
Net Income $-181,506 $-120,266 +0.5%
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

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
100

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
5
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TINA CREWS President 35.00
Officer Director
$0 $0 $0
JENNIFER NOBLE Vice President 35.00
Officer Director
$0 $0 $0
SHERRI RANDELL TECHNOLOGY 35.00
Director
$0 $0 $0
JAN WOLFE Treasurer 35.00
Officer Director
$0 $0 $0
BONNIE FAZIO RICHARDS NEWS LETTER 20.00
Director
$0 $0 $0
BONNIE BROWN MEMBERSHIP 20.00
Director
$0 $0 $0
MEEGHAN BURNEVIK SECRETARTY 20.00
Officer Director
$0 $0 $0
AMY MARSH PROGRAMS 20.00
Director
$0 $0 $0
RHONDA MORRISON ETHICS 20.00
Director
$0 $0 $0
MARY JO DOWLING Chairman 35.00
Officer Director
$0 $0 $0
CAROL BERSCH BUSINESS 20.00
Director
$0 $0 $0
CARMELA FITCH BUSINESS 20.00
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
2022 $148,543 $330,049 No data $-181,506
2021 $115,126 $235,392 $181,506 $-120,266
2020 $72,832 $64,668 $307,372 $8,164
2019 $150,445 $241,582 $309,517 $-91,137
2018 $232,182 $533,686 $453,251 $-301,504
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