CHARLOTTE HANS FOUNDATION INC (EIN 473497796) - 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

2015

Legal Domicile

Principal Officer

GEORGE D GROSSO

Phone

5616884093

Tax Period

2021-01-01 to 2021-12-31

CHARLOTTE HANS FOUNDATION INC, founded in 2015, is a small nonprofit in the Human Services sector that reported $107K in total revenue in fiscal year 2021. Revenue fell 50% from the prior year — a significant decline worth monitoring. Expenses of $163K exceeded revenue, resulting in a 52% operating deficit.

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO AN EMPLOYEE, SPOUSE OR CHILD OF THE PALM BEACH COUNTY SHERIFFS OFFICE. THE RECIPIENT MUST SHOW FINANCIAL NEED AND MUST BE GOING THROUGH, OR RECENTLY GONE THROUGH, A LIFE CHANGING ILLNESS OR BEEN A VICTIM OF CATASTROPHIC INJURY.

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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 (2021)

Revenue Breakdown

Contributions & Grants $33,321

Program Service Revenue $0

Investment Income $12

Other Revenue $73,896

TOTAL REVENUE $107,229

Expense Breakdown

Grants Paid $157,140

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $157,140

Other Expenses $5,757

TOTAL EXPENSES $162,897

Year-over-Year Comparison

	2021	2020	Change
Revenue	$107,229	$212,799	-0.5%
Expenses	$162,897	$273,884	-0.4%
Net Income	$-55,668	$-61,085	-0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KEITH STOKES	PRESIDENT - DIRECTOR	4.00	Officer Director	$0	$0	$0
MICHAEL HANS	VICE PRESIDENT - DIRECTOR	4.00	Officer Director	$0	$0	$0
GEORGE D GROSSO	TREASURER - DIRECTOR	4.00	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
2021	$107,229	$162,897	$41,121	$-55,668
2020	$212,799	$273,884	$96,789	$-61,085
2019	$181,757	$147,142	$157,874	$34,615
2018	$223,676	$268,500	$123,259	$-44,824

CHARLOTTE HANS FOUNDATION INC