CHESAPEAKE BAY EVENTS 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

1998

Legal Domicile

Principal Officer

DON HOOKER

Phone

4109915174

Tax Period

2022-01-01 to 2022-12-31

CHESAPEAKE BAY EVENTS INC, founded in 1998, is a small nonprofit that reported $566K in total revenue in fiscal year 2022. Revenue surged 11314980% from the prior year, signaling strong growth momentum. Expenses of $515K left a modest 9% surplus.

Mission

TO RAISE FUNDS TO SUPPORT LOCAL AND NATIONAL CHARITIES.

Program Service Accomplishments

Program 1

Expenses: $492,943 Revenue: $550,196

CHESAPEAKE BAY EVENTS, INC. HOSTS AN ANNUAL CONCERT TO RAISE FUNDS TO CONTRIBUTE TO SELECT LOCAL AND NATIONAL CHARITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $15,550

Program Service Revenue $550,196

Investment Income $8

Other Revenue $0

TOTAL REVENUE $565,754

Expense Breakdown

Grants Paid $15,392

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $492,943

Other Expenses $499,112

TOTAL EXPENSES $514,504

Year-over-Year Comparison

	2022	2021	Change
Revenue	$565,754	$5	+113149.8%
Expenses	$514,504	$15,397	+32.4%
Net Income	$51,250	$-15,392	-4.3%

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

200

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
DON HOOKER	PRESIDENT	3.00	Officer Director	$0	$0	$0
SARAH PETSKA	VP/SECRETARY	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
2022	$565,754	$514,504	$28,988	$51,250
2018	$43,757	$41,500	$772	$2,257