DOING MY PART INC

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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

2012

Legal Domicile

Principal Officer

MICHAEL T SPENCER

Phone

7046611887

Tax Period

2022-01-01 to 2022-12-31

DOING MY PART INC, founded in 2012, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $3K in total revenue in fiscal year 2022. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $5K exceeded revenue, resulting in a 42% operating deficit.

Mission

TO CONNECT INDIVIDUALS IN AN AFFORDABLE AND COMMUNITY-BASED PHILANTHROPIC DONOR EXPERIENCE THAT INFORMS, ENGAGES AND ENTERTAINS. AS A COLLECTIVE GIVING MOVEMENT BASED ON SOCIAL MICRO-PHILANTHROPY, DOINGMYPART.COM OFFERS EVERYONE A SIMPLE, 100% TRANSPARENT GIVING SOLUTION, "DOING MY PART" FOR AS LITTLE AS $3 A MONTH THAT GOES DIRECTLY TO FEATURED, ONGOING, CHARITABLE PROJECTS. ALL PROJECTS DOCUMENTED AND PROGRESS DISPLAYED IN REAL TIME. TO INSPIRE, EDUCATE AND BECOME A RESOURCE CENTER FOR LOCAL NON-PROFIT ORGANIZATIONS; PRIMARILY FUNDING, VOLUNTEERS AND MARKETING EXPOSURE THROUGH THE DOINGMYPART.COM COMMUNITY. THROUGH A DETAILED AND EFFICIENT MEMBER-TO-VOLUNTEER AGGREGATION AND CONNECTION PROCESS, WE HIGHLIGHT OUR DMP STREET TEAMS; LOCALIZED DONORS CONNECTING OFFLINE TO COMBAT CHALLENGES AND TO FACILITATE TANGIBLE IMPACT FOR VARIOUS, WORTHY CAUSES IN THE COMMUNITY.

Program Service Accomplishments

Program 1

DMP CONTINUED TO SUPPORT FAMILIES AND CHILDREN IN CHARLOTTE AND SURROUNDING AREAS WITH SPECIFIC, URGENT NEEDS AND WORKING IN PARTNERSHIP WITH LOCAL ORGANIZATIONS THAT DEAL WITH HOMELESSNESS, MEALS...

DMP CONTINUED TO SUPPORT FAMILIES AND CHILDREN IN CHARLOTTE AND SURROUNDING AREAS WITH SPECIFIC, URGENT NEEDS AND WORKING IN PARTNERSHIP WITH LOCAL ORGANIZATIONS THAT DEAL WITH HOMELESSNESS, MEALS, EDUCATION. DUE TO THE CORONAVIRUS, SUPPORT AND VOLUNTEERISM HAD A DECLINE, HOWEVER DMP REMAINED STABLE IN SERVICE TO NEW LOCAL CHILDREN AND FAMILIES IN NEED. FOR MORE INFORMATION PLEASE VISIT DOINGMYPART.COM.

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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 (2022)

Revenue Breakdown

Contributions & Grants $3,346

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,346

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,736

TOTAL EXPENSES $4,736

Year-over-Year Comparison

	2022	2021	Change
Revenue	$3,346	$28,155	-0.9%
Expenses	$4,736	$23,751	-0.8%
Net Income	$-1,390	$4,404	-1.3%

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
MICHAEL T SPENCER	CHAIRMAN	2.00	Officer Director	$0	$0	$0
KEVIN GEISSLER	TREASURER	1.00	Officer Director	$0	$0	$0
MELISSA SPENCER	SECRETARY	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
2022	$3,346	$4,736	$6,414	$-1,390
2021	$28,155	$23,751	$7,804	$4,404
2020	$19,306	$22,341	$3,400	$-3,035
2019	$7,088	$24,077	$6,435	$-16,989
2018	$36,713	$30,961	$23,424	$5,752