FUND FOR CAPE MAY 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

CURTIS J BASHAW

Phone

6098849300

Tax Period

2024-01-01 to 2024-12-31

FUND FOR CAPE MAY INC, founded in 2014, is a micro nonprofit in the Recreation & Sports sector that reported $35K in total revenue in fiscal year 2024. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $63K exceeded revenue, resulting in a 83% operating deficit.

Mission

For our Cape Island communities whose mission is beautification, preservation and providing eductional programs encouraging active citizenship in our youth. Starting with the beautification of Rotary Park, the Fund will join with municipal, public and other non-profit organizations to accomplish this mission.

Program Service Accomplishments

Program 1

Revenue: $25,000

Donations received and expensed for Promenade Arches in Cape May, NJ

Program 2

Expenses: $38,500

Donations received and expensed for Playground Pavilion in Cape May, NJ

Program 3

Expenses: $24,301

Donations recevied and expensed for improvements at Rotary Park

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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 (2024)

Revenue Breakdown

Contributions & Grants $30,000

Program Service Revenue $0

Investment Income $4,592

Other Revenue $0

TOTAL REVENUE $34,592

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $62,801

Other Expenses $63,474

TOTAL EXPENSES $63,474

Year-over-Year Comparison

	2024	2023	Change
Revenue	$34,592	$459,925	-0.9%
Expenses	$63,474	$79,623	-0.2%
Net Income	$-28,882	$380,302	-1.1%

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
BILL BEZAIRE	BOARD MEMBER	001.00	Director	$0	$0	$0
COLLEEN BASHAW BOHUNY	BOARD MEMBER	001.00	Director	$0	$0	$0
TOM CARROLL	BOARD MEMBER	001.00	Director	$0	$0	$0
KATE HATHAWAY	BOARD MEMBER	001.00	Director	$0	$0	$0
TIM TOMPKINS	BOARD MEMBER	001.00	Director	$0	$0	$0
CLAUDIA VON SAVAGE	BOARD MEMBER	001.00	Director	$0	$0	$0
CURTIS BASHAW	PRESIDENT	005.00	Officer	$0	$0	$0
TRACEY MARTIN	SECRETARY	005.00	Officer	$0	$0	$0
DOUG MILLER	TREASURER	005.00	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
2024	$34,592	$63,474	$230,873	$-28,882
2023	$459,925	$79,623	$258,627	$380,302
2022	$30,205	$153,121	$18,578	$-122,916
2021	$37,669	$36,178	$11,262	$1,491
2020	$35,717	$147,983	$6,444	$-112,266
2019	$115,052	$138,337	$120,312	$-23,285
2018	$95,779	$25,168	$144,183	$70,611