CHESAPEAKE BAY EVENTS INC

EIN: 522077001 501(c)(3)

DUNKIRK, MD

Total Revenue
$565,754
Total Expenses
$514,504
Total Assets
$28,988
Net Assets
$-42,136
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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
MD
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.

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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 (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

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Governance

Voting Members
2
Independent Members
2
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
2
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
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
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