CULTURAL CENTER OF CHARLOTTE COUNTY INC C/O WEBB LORAH & MCMILLAN (EIN 591286577) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1961

Legal Domicile

Principal Officer

STEPHEN CARTER

Phone

9416378884

Tax Period

2021-07-01 to 2022-06-30

CULTURAL CENTER OF CHARLOTTE COUNTY INC C/O WEBB LORAH & MCMILLAN, founded in 1961, is a small nonprofit that reported $219K in total revenue in fiscal year 2021. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $581K exceeded revenue, resulting in a 166% operating deficit.

Mission

COMMUNITY SERVICE AND ADULT PROGRAMS

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $84,248

Program Service Revenue $38,915

Investment Income $7,129

Other Revenue $88,594

TOTAL REVENUE $218,886

Expense Breakdown

Grants Paid $0

Salaries & Benefits $227,238

Fundraising Expenses $0

Program Expenses $254,485

Other Expenses $354,261

TOTAL EXPENSES $581,499

Year-over-Year Comparison

	2021	2020	Change
Revenue	$218,886	$433,343	-0.5%
Expenses	$581,499	$680,782	-0.1%
Net Income	$-362,613	$-247,439	+0.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$124,712

Total Directors

$124,712

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN CARTER	EXECUTIVE DIRECTOR	40.00	Officer Director	$124,712	$0	$124,712
JOHN WRIGHT	PRESIDENT	2.00	Officer Director	$0	$0	$0
KEN SCHULTZ	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
GEOFFREY LORAH	TREASURER	2.00	Officer Director	$0	$0	$0
DAVE POWELL	DIRECTOR	2.00	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	$218,886	$581,499	$36,549	$-362,613
2021	$433,343	$680,782	$582,469	$-247,439
2020	$883,718	$1,247,543	$891,944	$-363,825
2019	$1,868,097	$1,548,802	$1,113,392	$319,295
2018	$1,383,098	$1,486,486	$754,515	$-103,388

CULTURAL CENTER OF CHARLOTTE COUNTY INC C/O WEBB LORAH & MCMILLAN