COMMUNITY MATTERS FOUNDATION

EIN: 474236141 501(c)(3) Human Services

DEWEY BEACH, DE

Total Revenue
$25,320
Total Expenses
$121,390
Total Assets
$271,871
Net Assets
$271,871
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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
DE
Principal Officer
ALEX PIRES
Phone
3022273888
Tax Period
2023-01-01 to 2023-12-31

COMMUNITY MATTERS FOUNDATION, founded in 2015, is a micro nonprofit in the Human Services sector that reported $25K in total revenue in fiscal year 2023. Revenue fell 98% from the prior year — a significant decline worth monitoring. Expenses of $121K exceeded revenue, resulting in a 379% operating deficit.

Mission

TO HELP RESIDENTS OF SUSSEX COUNTY DELAWARE.

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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 $24,500
Program Service Revenue $0
Investment Income $820
Other Revenue $0
TOTAL REVENUE $25,320

Expense Breakdown

Grants Paid $60,393
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $121,390
Other Expenses $60,997
TOTAL EXPENSES $121,390

Year-over-Year Comparison

2023 2022 Change
Revenue $25,320 $1,387,866 -1.0%
Expenses $121,390 $1,254,535 -0.9%
Net Income $-96,070 $133,331 -1.7%
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
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEXANDER J PIRES PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHEN A SPENCE SECRETARY/TREASURER 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
2023 $25,320 $121,390 $271,871 $-96,070
2022 $1,387,866 $1,254,535 $390,941 $133,331
2021 $701,084 $446,040 $257,638 $255,044
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