CORAL SPRINGS COMMUNITY CHEST INC

EIN: 650087583 501(c)(3) Philanthropy & Grantmaking

CORAL SPRINGS, FL

Total Revenue
$60,303
Total Expenses
$70,180
Total Assets
$14,613
Net Assets
$14,613
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
FL
Principal Officer
GLADYS GOMBERG
Phone
9543445906
Tax Period
2024-10-01 to 2025-09-30

CORAL SPRINGS COMMUNITY CHEST INC, founded in 1988, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $60K in total revenue in fiscal year 2024. Expenses of $70K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE CORAL SPRINGS COMMUNITY CHEST INC WAS ORGANIZED TO RAISE FUNDS FOR WORTHY COMMUNITY ORGANIZATIONS, TO PROVIDE SCHOLARSHIPS FOR NEEDY STUDENTS AND TO CONTRIBUTE TO THE NEEDS OF THE CORAL SPRINGS COMMUNITY AS DETERMINED BY THE BOARD OF DIRECTORS.

Program Service Accomplishments

Program 1
Expenses: $35,000

CONTRIBUTIONS TO VARIOUS ORGANIZATIONS THAT NEED FINANCIAL HELP IN THE COMMUNITY.

Program 2

NO SCHOLARSHIP GRANTS TO QUALIFYING STUDENTS THAT NEED FINANCIAL HELP IN THE COMMUNITY WERE GIVEN OUT BEWTEEN 10/01/2024 THRU 09/30/2025. THIS EXEMPT PURPOSE MAY RETURN IN THE FUTURE.

Program 3
Expenses: $32,810

THE CITY OF CORAL SPRINGS PROVIDED FINANCIAL ASSISTENCE AND RESOURCES FOR LOCAL RESIDENTS WHO WERE FINANCIALLY FACING OTHER FINANCIAL ADVERSITY.

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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 $59,933
Program Service Revenue $0
Investment Income $370
Other Revenue $0
TOTAL REVENUE $60,303

Expense Breakdown

Grants Paid $67,810
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $68,022
Other Expenses $2,370
TOTAL EXPENSES $70,180

Year-over-Year Comparison

2024 2023 Change
Revenue $60,303 $59,625 +0.0%
Expenses $70,180 $48,455 +0.4%
Net Income $-9,877 $11,170 -1.9%
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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Governance

Voting Members
13
Independent Members
N/A
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
12
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLAUDETTE BRUCK TRUSTEE N/A
Officer Director
$0 $0 $0
MELISSA DONNAHOE TRUSTEE N/A
Officer Director
$0 $0 $0
FREDDY FARRAJ TRUSTEE N/A
Director
$0 $0 $0
LEON FOOKSMAN TRUSTEE N/A
Officer Director
$0 $0 $0
ROY GOLD TRUSTEE N/A
Officer Director
$0 $0 $0
GLADYS GOMBERG TREASURER N/A
Officer Director
$0 $0 $0
CONNIE GUICE TRUSTEE N/A
Officer Director
$0 $0 $0
GILLIAN JOHNSON CHAIRPERSON N/A
Officer Director
$0 $0 $0
TRACY LAUTOMNE TRUSTEE N/A
Officer Director
$0 $0 $0
SARAH LYNCH POEHLER TRUSTEE N/A
Officer Director
$0 $0 $0
NICOLE ROMAN TRUSTEE N/A
Officer Director
$0 $0 $0
AMIR WATYNSKI TRUSTEE N/A
Officer Director
$0 $0 $0
JANICE ZAITZ CHAIRPERSON N/A
Officer 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 $60,303 $70,180 $14,613 $-9,877
2024 $59,625 $48,455 $24,490 $11,170
2023 $58,572 $69,066 $13,320 $-10,494
2022 $25,014 $69,937 $23,115 $-44,923
2021 $130,471 $78,286 $68,038 $52,185
2020 $108,393 $102,128 $15,853 $6,265
2019 $79,587 $101,875 $9,588 $-22,288
2018 $84,205 $78,537 $31,876 $5,668
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