COACHES HONOR INC

EIN: 593073065 501(c)(3) Unknown

NEPTUNE BEACH, FL

Total Revenue
$433,263
Total Expenses
$420,839
Total Assets
$459,516
Net Assets
$392,213
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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
1991
Legal Domicile
FL
Principal Officer
LOUIS W CHERRY
Phone
9042473965
Tax Period
2024-01-01 to 2024-12-31

COACHES HONOR INC, founded in 1991, is a small nonprofit in the Unknown sector that reported $433K in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum.

Mission

PROVIDE ENCOURAGEMENT AND SUPPORT FOR COACHES THROUGH WEEKLY BIBLE STUDY MEETING.

Program Service Accomplishments

Program 1
Expenses: $328,487

PROVIDE ENCOURAGEMENT AND SUPPORT FOR COACHES THROUGH WEEKLY BIBLE STUDY MEETING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $344,574
Program Service Revenue $0
Investment Income $10,853
Other Revenue $77,836
TOTAL REVENUE $433,263

Expense Breakdown

Grants Paid $0
Salaries & Benefits $321,728
Fundraising Expenses $0
Program Expenses $328,487
Other Expenses $99,111
TOTAL EXPENSES $420,839

Year-over-Year Comparison

2024 2023 Change
Revenue $433,263 $235,037 +0.8%
Expenses $420,839 $216,891 +0.9%
Net Income $12,424 $18,146 -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

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Governance

Voting Members
8
Independent Members
5
Employees
4
Volunteers
50

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
$188,702
Total Directors
14
$188,702
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOUIS W CHERRY FOUNDER 40.00
Officer Director
$72,329 $40,525 $112,854
REINA CHERRY FOUNDER 40.00
Officer Director
$48,824 $27,024 $75,848
MRS MOLLY BERQUIST BOARD MEMBER 1.00
Director
$0 $0 $0
MR MATTHEW BERQUIST TREASURER 1.00
Officer Director
$0 $0 $0
MRS JAMIE SURRATT SECRETARY 1.00
Officer Director
$0 $0 $0
MR STEVE SURRATT VICE CHAIR 1.00
Officer Director
$0 $0 $0
MRS ANGIE HUMMEL BOARD MEMBER 1.00
Director
$0 $0 $0
MR DAVID HUMMEL BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SEAN WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE WILSON BOARD MEMBER 1.00
Director
$0 $0 $0
ANDE JOHNSON EXECUTIVE DI 1.00
Director
$0 $0 $0
KELLY JOHNSON BOARD MEMBER 1.00
Director
$0 $0 $0
NATHAN FABRICK BOARD MEMBER 1.00
Director
$0 $0 $0
HOLLY FABRICK BOARD MEMBER 1.00
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
2025 No data No data No data No data
2024 $433,263 $420,839 $459,516 $12,424
2023 $235,037 $216,891 $395,541 $18,146
2022 $315,200 $223,188 $379,950 $92,012
2021 $335,185 $255,738 $293,245 $79,447
2020 $283,146 $245,722 $208,497 $37,424
2019 $369,443 $293,318 $160,181 $76,125
2018 $341,666 $346,625 $81,193 $-4,959
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