CHEROKEE CROSSROADS INC (EIN 421729036) - 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

2007

Legal Domicile

Principal Officer

SCOTT BEASLEY JR

Tax Period

2023-01-01 to 2023-12-31

CHEROKEE CROSSROADS INC, founded in 2007, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.4M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

PUT ON A MUSIC FESTIVAL TO RAISE FUNDS FOR GRANTS TO 501(C)3 ORGANIZATIONS.

🔒

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 $1,402,514

Program Service Revenue $0

Investment Income $0

Other Revenue $38,031

TOTAL REVENUE $1,440,545

Expense Breakdown

Grants Paid $217,000

Salaries & Benefits $0

Fundraising Expenses $1,236,062

Program Expenses $217,000

Other Expenses $1,283,865

TOTAL EXPENSES $1,500,865

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,440,545	$1,294,785	+0.1%
Expenses	$1,500,865	$1,357,612	+0.1%
Net Income	$-60,320	$-62,827	0.0%

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

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
RENEE LORENZ	DIRECTOR	5.00	Director	$0	$0	$0
CLAY KUTCH	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW JONES	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT BEASLEY JR	PRESIDENT	2.00	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
2024	No data	No data	No data	No data
2023	$1,440,545	$1,500,865	$912,602	$-60,320
2022	$1,294,785	$1,357,612	$939,366	$-62,827
2021	$1,263,146	$1,439,450	$998,015	$-176,304
2020	$436,489	$371,997	$1,364,285	$64,492
2019	$1,425,202	$1,266,950	$1,186,368	$158,252
2018	$1,183,104	$1,271,928	$946,387	$-88,824

CHEROKEE CROSSROADS INC