SHOCK CANCER 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

2014

Legal Domicile

Principal Officer

MICHAEL SHOCK

Phone

4103718883

Tax Period

2020-01-01 to 2020-12-31

SHOCK CANCER INC, founded in 2014, is a micro nonprofit that reported $131K in total revenue in fiscal year 2020.

Mission

TO PROVIDE INFORMATION AND SUPPORT TO FAMILIES AFFECTED BY CANCER.

Program Service Accomplishments

Program 1

SHOCK CANCER INC MISSION IS TO PURCHASE RENTAL PROPERTIES AND ALL CASH FLOWS WOULD GO TO A FAMILY WITH A SICK CHILD. SHOCK CANCER WOULD PAY ALL OF THE FAMILIES EXPENSES WHILE THE FAMILY SPENT EVERY LAST WAKING MOMENT WITH THEIR CHILD BEFORE THEY PASS-AWAY. THE REASON WE HAVE PURCHASED REAL ESTATE TO "FLIP" IN SHOCK CANCER NAME IS SO WE CAN MEET FHA'S REQUIREMENT OF DOING AT LEAST 8 TRANSACTIONS IN THE NON-PROFITS NAME BEFORE IT CAN APPLY FOR ITS OWN NAID NUMBER - NAID NUMBER = NAME, ADDRESS, IDENTIFIER. A NAID NUMBER IS REQUIRED BY FHA AND HUD FOR AN ENTITY TO BE ELIGIBLE TO PURCHASE REAL ESTATE DIRECTLY FROM HUD. CONTINUE TO STATEMENT TWO.

Program 2

CONTINUED FROM STATEMENT ONE. WITH A NAID NUMBER SHOCK CANCER COULD PURCHASE REAL ESTATE IN THE "EXCLUSIVE" PROGRAM WITH HUD AT BIGGER DISCOUNTS. SHOCK CANCER HAS FILED WITH HUD TO OBTAIN THEIR OWN NAID NUMBER. SHOCK CANCER WILL NOT PURCHASE ANYMORE "FLIP" REAL ESTATE UNTIL A NAID NUMBER IS OBTAINED. THE COVID 19 EMERGENCY HAS INTERFERED WITH THE ORIGINAL TIMELINE OF WHAT WE HAD HOPED TO ACCOMPLISH IN 2020.

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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 (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $-131,233

Other Revenue $0

TOTAL REVENUE $-131,233

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-131,233	N/A	N/A
Expenses	N/A	N/A	N/A
Net Income	N/A	$0	N/A

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

N/A

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 SHOCK	PRESIDENT	1.00	Officer Director	$0	$0	$0
CHELSEA SHOCK	SECRETARY	1.00	Officer Director	$0	$0	$0
RUSSELL WHITE	VICE PRESIDENT	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
2020	$-131,233	No data	$269,193	No data
2018	$-20,959	$467	$746,787	$-21,426