VIRGINIA CARIBBEAN AMERICAN CULTURAL ASSOCIATION VCACA (EIN 510555200) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

MICHAEL C FORDE

Phone

7577660532

Tax Period

2023-01-01 to 2023-12-31

VIRGINIA CARIBBEAN AMERICAN CULTURAL ASSOCIATION, founded in 2005, is a small nonprofit that reported $153K in total revenue in fiscal year 2018. Revenue surged 68% from the prior year, signaling strong growth momentum. Expenses of $175K exceeded revenue, resulting in a 15% operating deficit.

Mission

CULTURAL ARTS EDUCATIONAL EVENTS SCHOLARSHIPS AND HOMELESS OUTREACH

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $46,315

Program Service Revenue $232,889

Investment Income $0

Other Revenue $0

TOTAL REVENUE $279,204

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $277,411

Other Expenses $277,411

TOTAL EXPENSES $277,411

Year-over-Year Comparison

	2023	2022	Change
Revenue	$279,204	N/A	N/A
Expenses	$277,411	N/A	N/A
Net Income	$1,793	N/A	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

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
MIKE C FORDE	PRESIDENT	N/A	Officer Director	$0	$0	$0
DONNA MIZELL	SECRETARY	N/A	Officer Director	$0	$0	$0
JEFFERY JOSEPH	VICE PRESIDENT	N/A	Officer Director	$0	$0	$0
PATRICIA FORDE	ASST TREASURER	N/A	Officer Director	$0	$0	$0
SHERRY ANN FORD	TREASURER	N/A	Officer Director	$0	$0	$0
PETER JONES	PUBLIC RELATIONS	N/A	Officer Director	$0	$0	$0
KEITH G WELCH	PARLIAMENTARIAN	N/A	Officer Director	$0	$0	$0
CARL BRATHWAITE	TRUSTEE	N/A	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	$279,204	$277,411	No data	$1,793
2021	$112,183	$105,963	No data	$6,220
2019	$112,901	$183,445	$1,218	$-70,544
2018	$152,732	$175,265	$18,733	$-22,533

VIRGINIA CARIBBEAN AMERICAN CULTURAL ASSOCIATION VCACA