CHARITYSTRONG INC

EIN: 464094066 501(c)(3)

NEW YORK, NY

Total Revenue
$300
Total Expenses
$78,455
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
2013
Legal Domicile
NY
Principal Officer
WILLIAM D SAUER
Phone
2124471236
Tax Period
2018-01-01 to 2018-12-31

CHARITYSTRONG INC, founded in 2013, is a micro nonprofit that reported $300 in total revenue in fiscal year 2018. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $78K exceeded revenue, resulting in a 26052% operating deficit.

Mission

CHARITYSTRONG INC'S MISSION IS TO ASSIST PUBLIC CHARITIES IN ACHIEVING THE HIGHEST STANDARDS OF BOARD LEADERSHIP, GOVERNANCE, AND OVERSIGHT. THE ORGANIZATION WORKS TO FULFILL THIS MISSION THROUGH A DIRECTOR RECRUITMENT PROGRAM THAT WILL HELP PRODUCE A BROADER AND MORE DIVERSE TALENT POOL OF DIRECTORS TO SERVE ON BOARDS OF 501(C)(3) PUBLIC CHARITIES AND ASSISTING NONPROFIT BOARD MEMBERS IN DEVELOPING THE SKILLS NECESSARY TO FULFILL THEIR RESPONSIBILITIES BY PROVIDING GOOD GOVERNANCE INSTRUCTION AND ACCESS TO GOVERNANCE RESOURCES. PROGRAMS COMMENCED OPERATIONS IN SEPTEMBER 2016.

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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 (2018)

Revenue Breakdown

Contributions & Grants $300
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $300

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,188
Fundraising Expenses $828
Program Expenses $50,958
Other Expenses $19,267
TOTAL EXPENSES $78,455

Year-over-Year Comparison

2018 2017 Change
Revenue $300 $202,615 -1.0%
Expenses $78,455 $226,951 -0.7%
Net Income $-78,155 $-24,336 +2.2%
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
2
Volunteers
12

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
$8,142
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VICTORIA B BJORKLUND ESQ SECRETARY 5.00
Officer Director
$0 $0 $0
CLOTILDE PEREZ-BODE DEDECKER DIRECTOR 5.00
Director
$0 $0 $0
PETER DUNN DIRECTOR 5.00
Director
$0 $0 $0
JANET T FARRELL DIRECTOR 5.00
Director
$0 $0 $0
REG FOSTER DIRECTOR 5.00
Director
$0 $0 $0
IRFAN HASAN DIRECTOR 5.00
Director
$0 $0 $0
CAROL B KELLERMANN DIRECTOR 5.00
Director
$0 $0 $0
JASON LILIEN ESQ PRESIDENT 5.00
Officer Director
$0 $0 $0
GENA LOVETT DIRECTOR 5.00
Director
$0 $0 $0
LEE H PERLMAN TREASURER 5.00
Officer Director
$0 $0 $0
LINDA ZANGO-HALEY DIRECTOR 5.00
Director
$0 $0 $0
ROBERT THOMPSON DIRECTOR 5.00
Director
$0 $0 $0
LAURA COLIN KLEIN EXEC DIRECTO 40.00
Officer
$8,142 $0 $8,142
WILLIAM D SAUER CEO 5.00
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
2018 $300 $78,455 No data $-78,155
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