SKATE FOR HOPE C/O CAROLYN BONGIRNO

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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

CAROLYN BONGIRNO

Tax Period

2021-10-01 to 2022-09-30

SKATE FOR HOPE C/O CAROLYN BONGIRNO is a micro nonprofit in the Medical Research sector that reported $66 in total revenue in fiscal year 2021. Expenses of $61 left a modest 8% surplus.

Mission

TO UTILIZE THE SPORT OF FIGURE SKATING, A SPORT THAT EPITOMIZES WOMEN'S STRENGTH, TO HELP BRING ATTENTION TO THE FIGHT AGAINST BREAST CANCER AND RAISE MONEY FOR BREAST CANCER RESEARCH TO BE DONATED TO OTHER EXEMPT ORGANIZATIONS THAT FURTHER BREAST CANCER RESEARCH AND CANCER RESEARCH IN GENERAL.

Program Service Accomplishments

Program 1

DONATIONS TO OTHER NON-PROFIT ORGANIZATIONS THAT FURTHER BREAST CANCER RESEARCH.

Program 2

Expenses: $61 Revenue: $66

PROVIDE AN ICE SKATING SHOW WITH OLYMPIC AND PROFESSIONAL SKATERS TOUCHED BY BREAST CANCER IN THEIR FAMILIES WITH CHILDREN SKATERS ALSO TOUCHED BY BREAST CANCER AND ALSO TO RAISE AWARENESS IN THE...

PROVIDE AN ICE SKATING SHOW WITH OLYMPIC AND PROFESSIONAL SKATERS TOUCHED BY BREAST CANCER IN THEIR FAMILIES WITH CHILDREN SKATERS ALSO TOUCHED BY BREAST CANCER AND ALSO TO RAISE AWARENESS IN THE COMMUNITY. THE SHOW DID NOT HAPPEN THIS YEAR, BUT PREPARATIONS FOR NEXT YEAR WERE IN PROGRESS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $66

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $66

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61

Other Expenses $61

TOTAL EXPENSES $61

Year-over-Year Comparison

	2021	2020	Change
Revenue	$66	N/A	N/A
Expenses	$61	$622	-0.9%
Net Income	$5	$-622	-1.0%

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

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
CAROLYN BONGIRNO	PRESIDENT	N/A	Officer	$0	$0	$0
RAY M HORGAN	TREASURER	N/A	Officer	$0	$0	$0
PATRICK J HIGGINS	VICE PRESIDE	N/A	Officer	$0	$0	$0
ANN KARIMY	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
2022	$66	$61	$597	$5
2021	No data	$622	$592	No data
2020	$1,670	$762	$1,214	$908
2019	$1,022	$9,895	$306	$-8,873
2018	$2,433	$53,671	$10,276	$-51,238