ACE & TJ'S GRIN KIDS INC

EIN: 562229927 501(c)(3)

CORNELIUS, NC

Total Revenue
$10,482
Total Expenses
$316,537
Total Assets
N/A
Net Assets
N/A
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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
2000
Legal Domicile
NC
Principal Officer
DAVID CANNON
Phone
4046045649
Tax Period
2022-01-01 to 2022-12-31

ACE & TJ'S GRIN KIDS INC, founded in 2000, is a micro nonprofit that reported $10K in total revenue in fiscal year 2022. Revenue fell 97% from the prior year — a significant decline worth monitoring. Expenses of $317K exceeded revenue, resulting in a 2920% operating deficit.

Mission

ESTABLISHED IN 2000, ACE & TJ'S GRIN KIDS IS A 501(C)3 NONPROFIT PROVIDING A MAGICAL, ALL-EXPENSE PAID, 5-DAY EXPERIENCE AT WALT DISNEY WORLD FOR CHILDREN BETWEEN THE AGES OF 5-12 WHO ARE TERMINALLY ILL OR CHRONICALLY DISABLED AND THEIR IMMEDIATE FAMILY.

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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 $10,482
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $10,482

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,321
Fundraising Expenses $437
Program Expenses $268,443
Other Expenses $201,216
TOTAL EXPENSES $316,537

Year-over-Year Comparison

2022 2021 Change
Revenue $10,482 $402,233 -1.0%
Expenses $316,537 $224,492 +0.4%
Net Income $-306,055 $177,741 -2.7%
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
13
Independent Members
13
Employees
2
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
6
$72,000
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIEVES MARTINO BOARD MEMBER 5.00
Director
$0 $0 $0
DAVID CANNON CO-FOUNDER A 5.00
Officer Director
$0 $0 $0
RITCHIE BEAMS CO-FOUNDER A 5.00
Officer Director
$0 $0 $0
LIANA GRIER EXECUTIVE DI 40.00
Officer
$72,000 $0 $72,000
DAVID KEECH TREASURER 5.00
Officer Director
$0 $0 $0
JASON NEWSOME PRESIDENT 5.00
Officer Director
$0 $0 $0
TONYA WATTS SECRETARY 5.00
Officer Director
$0 $0 $0
HALEY STUTZMAN BOARD MEMBER 5.00
Director
$0 $0 $0
KAREN ELLENBURG BOARD MEMBER 5.00
Director
$0 $0 $0
BILL KAIK BOARD MEMBER 5.00
Director
$0 $0 $0
MELISSA ARLEDGE BOARD MEMBER 5.00
Director
$0 $0 $0
TRAVIS SINCLAIR BOARD MEMBER 5.00
Director
$0 $0 $0
GUENN SCHNEIDER BOARD MEMBER 5.00
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
2022 $10,482 $316,537 No data $-306,055
2021 $402,233 $224,492 $306,055 $177,741
2020 $277,472 $238,404 $154,147 $39,068
2019 $392,400 $432,086 $89,246 $-39,686
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