THE CHERRY FOUNDATION INC (EIN 562034890) - Form 990 Financial Analysis & Trantor Score

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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

1997

Legal Domicile

Principal Officer

STEFANIE BOSTIC

Phone

9197349256

Tax Period

2024-01-01 to 2024-12-31

THE CHERRY FOUNDATION INC, founded in 1997, is a micro nonprofit in the Community Improvement sector that reported $3 in total revenue in fiscal year 2024. Expenses of $2K exceeded revenue, resulting in a 69067% operating deficit.

Mission

TO AID, STRENGTHEN AND FURTHER IN EVERY PROPER AND USEFUL WAY THE WORK AND SERVICES OF CHERRY HOSPITAL AS IT PERTAINS TO THOSE MENTALLY DISABLED CITIZENS IT SERVES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $3

Other Revenue $0

TOTAL REVENUE $3

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $2,075

TOTAL EXPENSES $2,075

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3	$3	N/A
Expenses	$2,075	$1,648	+0.3%
Net Income	$-2,072	$-1,645	+0.3%

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

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
STEFANIE BOSTIC	PRESIDENT	N/A	Officer	$0	$0	$0
IDA FRYAR	OFFICER	N/A	Officer	$0	$0	$0
STEVE HARLOW	VICE PRESIDE	N/A	Officer	$0	$0	$0
NORMA MCDONOUGH	OFFICER	N/A	Officer	$0	$0	$0
NANCY MOORE	OFFICER	N/A	Officer	$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
2025	No data	No data	No data	No data
2024	$3	$2,075	$26,684	$-2,072
2023	$3	$1,648	$28,756	$-1,645
2022	$14	$1,607	$30,401	$-1,593
2021	$514	$1,579	$31,994	$-1,065
2020	$39	$1,543	$33,059	$-1,504
2019	$233	$1,588	$34,563	$-1,355
2018	$536	$1,515	$35,918	$-979

THE CHERRY FOUNDATION INC