HOBE SOUND COMMUNITY CHEST INC (EIN 596155092) - 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

1949

Legal Domicile

Principal Officer

SCOTT R BERRY

Phone

7725459072

Tax Period

2024-07-01 to 2025-06-30

HOBE SOUND COMMUNITY CHEST INC, founded in 1949, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.9M in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. Expenses of $3.4M exceeded revenue, resulting in a 17% operating deficit.

Mission

THE MISSION OF THE HOBE SOUND COMMUNITY CHEST, INC. IS TO PROMOTE THE SOCIAL AND EDUCATIONAL WELLBEING OF THE ENTIRE COMMUNITY BY FUNDING PROGRAMS AND INIATIVES SERVING HOBE SOUND RESIDENTS IN NEED

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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 $2,801,923

Program Service Revenue $0

Investment Income $80,861

Other Revenue $0

TOTAL REVENUE $2,882,784

Expense Breakdown

Grants Paid $2,699,003

Salaries & Benefits $427,337

Fundraising Expenses $148,981

Program Expenses $3,035,777

Other Expenses $259,909

TOTAL EXPENSES $3,386,249

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,882,784	$3,350,209	-0.1%
Expenses	$3,386,249	$3,434,301	0.0%
Net Income	$-503,465	$-84,092	+5.0%

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

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

$190,272

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM BALLING	DIRECTOR	2.00	Director	$0	$0	$0
FRANK M BELL JR	DIRECTOR	2.00	Director	$0	$0	$0
STUART BELL	TREASURER	5.00	Officer Director	$0	$0	$0
LIZ BERENS	DIRECTOR	2.00	Director	$0	$0	$0
LAURA BLATCHFORD	DIRECTOR	2.00	Director	$0	$0	$0
BENTON P BOHANNON JR	PRESIDENT	5.00	Officer Director	$0	$0	$0
LIA REED BOHANNON	DIRECTOR	2.00	Director	$0	$0	$0
NINA J BOTSFORD	DIRECTOR	2.00	Director	$0	$0	$0
CISSY BUNN	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA BYRNE	DIRECTOR	2.00	Director	$0	$0	$0
RUTH COLKET	DIRECTOR	2.00	Director	$0	$0	$0
ANN D COUSINS	DIRECTOR	2.00	Director	$0	$0	$0
NEIL DEVLIN	DIRECTOR	2.00	Director	$0	$0	$0
MELISSA DONALDSON	DIRECTOR	2.00	Director	$0	$0	$0
CINDY K DWYER	DIRECTOR	2.00	Director	$0	$0	$0
MARY C FAHRENBACH	DIRECTOR	2.00	Director	$0	$0	$0
BARBARA FLEMING	DIRECTOR	2.00	Director	$0	$0	$0
CARTER FRANKE	DIRECTOR	2.00	Director	$0	$0	$0
JOYCE BULLEN GAY	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
TRUMAN M HOBBS JR	DIRECTOR	2.00	Director	$0	$0	$0
SUSAN P LESTER	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT C MCCORMACK	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
WALTER MCCORMACK	DIRECTOR	2.00	Director	$0	$0	$0
MIMI MITCHELL	DIRECTOR	2.00	Director	$0	$0	$0
PATRICIA M O'KANE	DIRECTOR	2.00	Director	$0	$0	$0
EDWARD D PARDOE III	DIRECTOR	2.00	Director	$0	$0	$0
CONSUELO PIERREPONT	DIRECTOR	2.00	Director	$0	$0	$0
KATHY PLUM	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
HAROLD REED	DIRECTOR	2.00	Director	$0	$0	$0
LAURA T TRAPHAGEN	DIRECTOR	2.00	Director	$0	$0	$0
ERIC T WESEL	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
PAMELA W WHITE	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
ELLE MCKENNA	DIRECTOR	2.00	Director	$0	$0	$0
DONALD H MCCREE JR	DIRECTOR	2.00	Director	$0	$0	$0
JANE GILDAY	DIRECTOR	2.00	Director	$0	$0	$0
PHIL ROONEY	DIRECTOR	2.00	Director	$0	$0	$0
ANNE PATEL	DIRECTOR	2.00	Director	$0	$0	$0
THEODORE A MCGRAW JR	DIRECTOR	2.00	Director	$0	$0	$0
CATHY MCGRAW	DIRECTOR	2.00	Director	$0	$0	$0
WILLIAM WHELAN	DIRECTOR	2.00	Director	$0	$0	$0
LISA SCHIFF	DIRECTOR	2.00	Director	$0	$0	$0
MICHELLE WALKER	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT KREBS JR	DIRECTOR	2.00	Director	$0	$0	$0
PAUL GERLACH	DIRECTOR	2.00	Director	$0	$0	$0
MARY LIGHTON SHAFER	DIRECTOR	2.00	Director	$0	$0	$0
AMBER DECKARD	DIRECTOR	2.00	Director	$0	$0	$0
DOUGLAS DONAHUE	DIRECTOR	2.00	Director	$0	$0	$0
JIM QUINN	DIRECTOR	2.00	Director	$0	$0	$0
SCOTT R BERRY	EXECUTIVE DIRECTOR / SECRE	40.00	Officer	$174,482	$15,790	$190,272

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	$2,882,784	$3,386,249	$2,609,205	$-503,465
2024	$3,350,209	$3,434,301	$3,070,043	$-84,092
2023	$2,982,726	$3,880,746	$2,974,615	$-898,020
2022	$3,457,001	$3,491,142	$3,865,127	$-34,141
2021	$2,960,726	$3,423,186	$4,297,391	$-462,460
2018	$2,950,843	$1,899,585	$4,759,614	$1,051,258

HOBE SOUND COMMUNITY CHEST INC