K-TECH CHARITIES INC (EIN 680637204) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2006

Legal Domicile

Principal Officer

CRAIG M KERSEMEIER

Phone

7153551369

Tax Period

2023-01-01 to 2023-12-31

K-TECH CHARITIES INC, founded in 2006, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $79K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year. Net assets of $204K represent 31 months of operating reserves.

Mission

TO PROVIDE SUPPORT TO EXISTING CHARITABLE ORGANIZATIONS INCLUDING THOSE THAT SUPPORT BREAST CANCER RESEARCH AND AWARENESS, THE ARTS, HIGHER EDUCATION, HEALTH AND HUMAN SERVICES AND WELFARE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $28,594

Program Service Revenue $0

Investment Income $21

Other Revenue $50,838

TOTAL REVENUE $79,453

Expense Breakdown

Grants Paid $79,709

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,470

Other Expenses $2,761

TOTAL EXPENSES $82,470

Year-over-Year Comparison

	2023	2022	Change
Revenue	$79,453	$90,116	-0.1%
Expenses	$82,470	$66,649	+0.2%
Net Income	$-3,017	$23,467	-1.1%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF WICKERSHAM	DIRECTOR	1.00	Director	$0	$0	$0
MICHELLE MILLIKIN	DIRECTOR	1.00	Director	$0	$0	$0
JASON MAKI	DIRECTOR	1.00	Director	$0	$0	$0
TODD HAGEDORN	DIRECTOR	1.00	Director	$0	$0	$0
GREG STACKER	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG KERSEMEIER	PRESIDENT	1.00	Officer	$0	$0	$0
SUZANNE KERSEMEIER	VICE PRESIDENT	1.00	Officer	$0	$0	$0
LAURI NOOYEN	TREASURER	1.00	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
2024	No data	No data	No data	No data
2023	$79,453	$82,470	$203,770	$-3,017
2022	$90,116	$66,649	$206,787	$23,467
2021	$111,617	$71,218	$183,037	$40,399
2020	$73,145	$69,493	$142,638	$3,652
2019	$62,508	$36,379	$138,986	$26,129
2018	$66,992	$28,666	$112,857	$38,326

K-TECH CHARITIES INC