Cherokee Home for Children (EIN 741359391) - 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

1961

Legal Domicile

Phone

3256224201

Tax Period

2023-01-01 to 2023-12-31

Cherokee Home for Children, founded in 1961, is a community nonprofit in the Human Services sector that reported $4.1M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.5M, a strong 36% operating margin.

Mission

To provide a Christian home environment for children dependent upon others for care. To promote growth physically, emotionally, educationally and spiritually to develop the child in the teachings of the Bible and guide the child toward being a good citizen.

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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 (2023)

Revenue Breakdown

Contributions & Grants $3,386,427

Program Service Revenue $0

Investment Income $515,711

Other Revenue $178,370

TOTAL REVENUE $4,080,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,498,518

Fundraising Expenses $215,766

Program Expenses $1,980,459

Other Expenses $1,129,109

TOTAL EXPENSES $2,627,627

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,080,508	$3,476,928	+0.2%
Expenses	$2,627,627	$2,382,578	+0.1%
Net Income	$1,452,881	$1,094,350	+0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shawn Hull	Executive Director	40.00		$111,706	$7,802	$119,508
Bob Johnson	Director	1.00	Director	$0	$0	$0
Phil Richey	Secretary	1.00	Officer Director	$0	$0	$0
Michael Thomas	Director	1.00	Director	$0	$0	$0
Mitch Moore	Director	1.00	Director	$0	$0	$0
Tommy Blevins	Director	1.00	Director	$0	$0	$0
Joel Luker	Chairman	1.00	Officer Director	$0	$0	$0
Kyle Whitley	Director	1.00	Director	$0	$0	$0
Mark Franks	Director	1.00	Director	$0	$0	$0
Raegan Wall	Director	1.00	Director	$0	$0	$0
Stephen Harris	Director	1.00	Director	$0	$0	$0
Brian Harris	Director	1.00	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
2024	No data	No data	No data	No data
2023	$4,080,508	$2,627,627	$22,026,745	$1,452,881
2022	$3,476,928	$2,382,578	$19,395,832	$1,094,350
2021	$3,586,434	$2,149,250	$20,402,942	$1,437,184
2020	$7,523,086	$2,204,441	$18,540,192	$5,318,645

Cherokee Home for Children