CHERA Inc

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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

1989

Legal Domicile

Phone

8632212946

Tax Period

2024-04-01 to 2025-03-31

CHERA Inc, founded in 1989, is a micro nonprofit that reported $69K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $40K, a strong 58% operating margin.

Mission

Enhance retirement living for all residents of The Estates at Carpenters in a manner that will protect their residential rights and privileges plus establish and define their responsibilities.

Program Service Accomplishments

Program 1

Expenses: $14,907

Organizing and implementing charitable projects as may be worthy and practical for all residents of The Estates at Carpenters. This includes donations to local 501(c)(3) charities (Talbot House...

Organizing and implementing charitable projects as may be worthy and practical for all residents of The Estates at Carpenters. This includes donations to local 501(c)(3) charities (Talbot House, Anchor House, Lighthouse Ministries, Lakeland Volunteers in Medicine, Noah's Ark Central Florida, PACE Center for Girls, EAC Good Samaritan Fund, and K9's for Cops).

Program 2

Expenses: $7,782

College scholarships for Estates at Carpenters employees to assist worthy employees who are interested in furthering their education.

Program 3

Expenses: $6,399

Arranging and conduting in house non-denominational religious services for all residents of The Estates at Carpenters.

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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 $52,991

Program Service Revenue $0

Investment Income $15,701

Other Revenue $0

TOTAL REVENUE $68,692

Expense Breakdown

Grants Paid $17,578

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,088

Other Expenses $11,567

TOTAL EXPENSES $29,145

Year-over-Year Comparison

	2024	2023	Change
Revenue	$68,692	$80,856	-0.2%
Expenses	$29,145	$30,907	-0.1%
Net Income	$39,547	$49,949	-0.2%

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
Rita Doolittle	Vice President	4.00	Officer Director	$0	$0	$0
JC Powell	Past President	3.00	Officer Director	$0	$0	$0
Robert Fannin	President	18.00	Officer Director	$0	$0	$0
Annette Hutcherson	Corr Secretary	6.00	Officer Director	$0	$0	$0
Greg Spencer	Treasurer	12.00	Officer Director	$0	$0	$0
Barbara Martin	Res Club Treas	4.00	Officer Director	$0	$0	$0
Robin Masden	Secretary	18.00	Officer Director	$0	$0	$0
Kevin Johnson	Parliamentarian	2.00	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	$68,692	$29,145	$743,510	$39,547
2024	$80,856	$30,907	$703,963	$49,949
2023	$65,901	$33,419	$645,688	$32,482
2022	$65,206	$33,336	$634,330	$31,870
2021	$35,846	$24,634	$619,899	$11,212
2020	$84,397	$43,641	$570,140	$40,756
2019	$64,725	$36,060	$570,562	$28,665