AZALEA CHARITIES INC (EIN 541973354) - 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

2000

Legal Domicile

Principal Officer

DOUGLAS S TAGGART

Phone

7036705238

Tax Period

2020-01-01 to 2020-12-31

AZALEA CHARITIES INC, founded in 2000, is a small nonprofit that reported $204K in total revenue in fiscal year 2018. Revenue decreased 9% compared to the prior year.

Mission

TO RAISE FUNDS TO SUPPORT A DUAL MISSION - (1) AID WOUNDED WARRIORS (2) TO SUPPORT YOUTH AND SPECIAL NEEDS PROJECTS FROM ARLINGTON, VA TO FREDERICKSBURG, VA.

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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 (2020)

Revenue Breakdown

Contributions & Grants $79,618

Program Service Revenue $0

Investment Income $1

Other Revenue $0

TOTAL REVENUE $79,619

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,330

Other Expenses $138,930

TOTAL EXPENSES $138,930

Year-over-Year Comparison

	2020	2019	Change
Revenue	$79,619	$230,065	-0.7%
Expenses	$138,930	$252,738	-0.5%
Net Income	$-59,311	$-22,673	+1.6%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCIS E LASCH SR	CHAIRMAN/DIRECTOR	30.00	Officer Director	$0	$0	$0
DOUGLAS S TAGGART	PRESIDENT/CEO	6.00	Officer Director	$0	$0	$0
KEVIN CHEEZUM	SENIOR VP	1.00	Officer Director	$0	$0	$0
THOMAS RACHELE	CHIEF FINANCIAL OFFICER	20.00	Officer Director	$0	$0	$0
JOANNE C NEAL	SECRETARY	2.00	Officer Director	$0	$0	$0
JOSEPH WAITE	VP	1.00	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
2020	$79,619	$138,930	No data	$-59,311
2019	$230,065	$252,738	$59,311	$-22,673
2018	$204,070	$210,651	$81,984	$-6,581

AZALEA CHARITIES INC