CHATHAM ARTILLERY CORPORATION (EIN 580901487) - 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

1955

Legal Domicile

Principal Officer

RANDALL D PARKER

Tax Period

2023-01-01 to 2023-12-31

CHATHAM ARTILLERY CORPORATION, founded in 1955, is a micro nonprofit in the Public & Societal Benefit sector that reported $32K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Net assets of $1.1M represent 424 months of operating reserves.

Mission

The purpose of this organization shall be to inculcate a spirit of patroitism, encourage our citizens to participate in military affairs, promote social fellowship amoung its members,perpetuate historical significance of the organization, and shall be non-profit to any member

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $31,912

Other Revenue $0

TOTAL REVENUE $31,912

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $33,880

Other Expenses $33,880

TOTAL EXPENSES $33,880

Year-over-Year Comparison

	2023	2022	Change
Revenue	$31,912	$25,217	+0.3%
Expenses	$33,880	$35,332	0.0%
Net Income	$-1,968	$-10,115	-0.8%

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

206

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
PAUL JACKSON	PAST PRESIDENT	5.00	Director	$0	$0	$0
RICK CARSON	DIRECTOR	5.00	Director	$0	$0	$0
STEVEN HILL	DIRECTOR	5.00	Director	$0	$0	$0
PAULA HEARD	ASST SECRETARY	5.00	Director	$0	$0	$0
PRIDE SHEHAN	DIRECTOR	5.00	Director	$0	$0	$0
MIKE JOHNSON	DIRECTOR	5.00	Director	$0	$0	$0
DREW BROWN	ASST TREASURER	5.00	Director	$0	$0	$0
CHRIS RUSSELL	DIRECTOR	5.00	Director	$0	$0	$0
CARSON JUSTICE	DIRECTOR	5.00	Director	$0	$0	$0
MICHAEL WOOD	DIRECTOR	5.00	Director	$0	$0	$0
ANTHONY ATKINS	DIRECTOR	5.00	Director	$0	$0	$0
LARRY ROBERTS	PAST PRESIDENT	5.00	Director	$0	$0	$0
DAVID LEE	DIRECTOR	5.00	Director	$0	$0	$0
ANDY SMITH	DIRECTOR	5.00	Director	$0	$0	$0
WILL MCCAY	HISTORIAN	5.00	Director	$0	$0	$0
CALVIN COLE	SECRETARY	5.00	Officer Director	$0	$0	$0
CRAIG MCGALLIARD	TREASURER	5.00	Officer Director	$0	$0	$0
RANDALL D PARKER	PRESIDENT	5.00	Officer Director	$0	$0	$0
GEORGE SHUMAN	2ND VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
EVERETT SMITH	1st VICE PRESIDENT	5.00	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
2024	No data	No data	No data	No data
2023	$31,912	$33,880	$1,127,908	$-1,968
2022	$25,217	$35,332	$1,068,321	$-10,115
2021	$24,697	$20,320	$1,222,622	$4,377
2020	$28,983	$32,682	$1,100,084	$-3,699
2019	$71,142	$27,014	$1,103,783	$44,128
2018	$40,111	$30,145	$918,697	$9,966

CHATHAM ARTILLERY CORPORATION