DD AND VELMA DAVIS FAMILY FOUNDATION IN (EIN 465143471) - Form 990 Financial Analysis & Trantor Score

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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

2014

Legal Domicile

Principal Officer

BEVERLY DAVIS

Phone

9133100279

Tax Period

2023-01-01 to 2023-12-31

DD AND VELMA DAVIS FAMILY FOUNDATION IN, founded in 2014, is a micro nonprofit that reported $6 in total revenue in fiscal year 2023. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $2.2M exceeded revenue, resulting in a 35833983% operating deficit.

Mission

SUPPORT OF COMMUNITY DEVELOPMENT CHARITIES AND RELIGIOUS MINISTRIES

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-519

Other Revenue $525

TOTAL REVENUE $6

Expense Breakdown

Grants Paid $700,000

Salaries & Benefits $15,000

Fundraising Expenses $0

Program Expenses $700,000

Other Expenses $1,435,045

TOTAL EXPENSES $2,150,045

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6	$961,887	-1.0%
Expenses	$2,150,045	$895,834	+1.4%
Net Income	$-2,150,039	$66,053	-33.6%

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

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

$299,005

Total Directors

$744,371

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BEVERLY D DAVIS	PRESIDENT/DIRECTOR	1.00	Officer Director	$5,000	$0	$5,000
JOANNA ROXANNE RANDOLPH	VICE PRESIDENT/DIRECTOR	1.00	Officer Director	$5,000	$0	$5,000
WILLIAM HIGH	DIRECTOR	1.00	Director	$0	$0	$0
KIM HARRIS	SECRETARY	1.00	Officer Director	$0	$5,010	$30,807
MARK KLINGER	TREASURER	1.00	Officer Director	$0	$22,187	$253,198
JASON YAKELIS	DIRECTOR	1.00	Director	$0	$25,010	$240,750
ERIK SCHARTNER	DIRECTOR	1.00	Director	$0	$32,297	$209,616
DANA NIELSEN	VICE PRESIDENT	1.00	Officer	$5,000	$0	$5,000

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	$6	$2,150,045	$36,244,999	$-2,150,039
2022	$961,887	$895,834	$37,989,678	$66,053
2021	$8,266,790	$12,057,582	$41,323,689	$-3,790,792
2020	$-1,551,662	$1,686,595	$47,967,561	$-3,238,257
2019	$1,487,477	$1,811,127	$49,115,059	$-323,650

DD AND VELMA DAVIS FAMILY FOUNDATION IN