CITRUS COUNTY COMMUNITY CHARITABLE FOUNDATION INC

EIN: 472548516 501(c)(3) Health Care

INVERNESS, FL

Total Revenue
$708,482
Total Expenses
$521,710
Total Assets
$14,859,352
Net Assets
$14,764,309
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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
FL
Principal Officer
PATRICIA THOMAS
Phone
3524194039
Tax Period
2023-10-01 to 2024-09-30

CITRUS COUNTY COMMUNITY CHARITABLE FOUNDATION INC, founded in 2014, is a small nonprofit in the Health Care sector that reported $708K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $187K, a strong 26% operating margin.

Mission

TO AWARD GRANTS TO GROUPS AND ORGANIZATIONS THAT ESTABLISH PROGRAMS, RESEARCH, OR INITIATIVES THAT PROMOTE THE HEALTH OR SATISFY THE MEDICAL NEEDS OF THE RESIDENTS OF CITRUS COUNTY, FLORIDA.

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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 (2023)

Revenue Breakdown

Contributions & Grants $350
Program Service Revenue $0
Investment Income $708,132
Other Revenue $0
TOTAL REVENUE $708,482

Expense Breakdown

Grants Paid $345,000
Salaries & Benefits $64,924
Fundraising Expenses $0
Program Expenses $376,050
Other Expenses $111,786
TOTAL EXPENSES $521,710

Year-over-Year Comparison

2023 2022 Change
Revenue $708,482 $400,396 +0.8%
Expenses $521,710 $250,800 +1.1%
Net Income $186,772 $149,596 +0.2%
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
10
Independent Members
10
Employees
1
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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PATRICIA THOMAS PRESIDENT 1.00
Officer Director
$0 $0 $0
DR LEONARD CALODNEY TREASURER 1.00
Officer Director
$0 $0 $0
SONYA WARDEN SECRETARY 1.00
Officer Director
$0 $0 $0
DR WILLIAM DIXON VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
HOLLY DAVIS BOARD MEMBER 1.00
Director
$0 $0 $0
JANORA WADE BOARD MEMBER 1.00
Director
$0 $0 $0
CRYSTAL LIZANICH BOARD MEMBER 1.00
Director
$0 $0 $0
MICHAEL TRINGALI BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT HOLMES BOARD MEMBER 1.00
Director
$0 $0 $0
DR MARK FALLOWS BOARD MEMBER 1.00
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 $708,482 $521,710 $14,859,352 $186,772
2023 $400,396 $250,800 $12,112,491 $149,596
2022 $957,789 $534,740 $10,911,650 $423,049
2021 $1,236,059 $770,142 $13,606,771 $465,917
2020 $806,703 $448,990 $11,167,425 $357,713
2019 $822,060 $371,662 $8,913,896 $450,398
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