MAKE A DIFFERENCE FISHING TOURNAMENT INC (EIN 593587905) - 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

Principal Officer

STEVE WIEGAND

Tax Period

2024-01-01 to 2024-12-31

MAKE A DIFFERENCE FISHING TOURNAMENT INC is a small nonprofit in the Philanthropy & Grantmaking sector that reported $120K in total revenue in fiscal year 2024. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 23% operating margin.

Mission

DEDICATED TO HELPING HANDICAPPED CHILDREN THROUGH FISHING TOURNAMENTS AND OTHER PROGRAMS THAT FACILITATE THE INVOLVEMENT OF HANDICAPPED CHILDREN IN MARINE EDUCATION AND RECREATION.

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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 $4,175

Program Service Revenue $108,330

Investment Income $7,369

Other Revenue $0

TOTAL REVENUE $119,874

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $92,222

Other Expenses $92,222

TOTAL EXPENSES $92,222

Year-over-Year Comparison

	2024	2023	Change
Revenue	$119,874	$89,763	+0.3%
Expenses	$92,222	$93,955	0.0%
Net Income	$27,652	$-4,192	-7.6%

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
TOM FREE	PRESIDENT DI	N/A	Director	$0	$0	$0
MARK HARTSTEIN	DIRECTOR	N/A	Director	$0	$0	$0
JIM PITTS	DIRECTOR	N/A	Director	$0	$0	$0
CHARLES TURNER	DIRECTOR/CHA	N/A	Director	$0	$0	$0
STEVE WIEGAND	EXECUTIVE VP	N/A	Director	$0	$0	$0
PHILLIPOFF V JOHN	VP DIRECTOR	N/A	Officer	$0	$0	$0
NICK PATEL	TREASURER	N/A	Officer	$0	$0	$0
THOMAS SCHAFFER	SECRETARY	N/A	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
2024	$119,874	$92,222	$240,389	$27,652
2023	$89,763	$93,955	$212,737	$-4,192
2022	$86,395	$69,555	$216,929	$16,840
2021	$100,489	$59,585	$200,089	$40,904
2020	$21,717	$51,714	$159,185	$-29,997
2019	$186,895	$168,601	$189,182	$18,294
2018	$89,606	$77,177	$170,888	$12,429

MAKE A DIFFERENCE FISHING TOURNAMENT INC