The Colt Collectors Association Inc

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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

1981

Legal Domicile

Principal Officer

Kevin Cherry

Phone

3368544182

Tax Period

2024-01-01 to 2024-12-31

The Colt Collectors Association Inc, founded in 1981, is a small nonprofit that reported $461K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. The organization ran a surplus of $91K, a strong 20% operating margin.

Mission

Promotion of collecting Colt firearms, exchanging knowledge among Colt collectors, and offering an annual show and meeting for members and guests

Program Service Accomplishments

Program 1

Expenses: $324,796

Promotion of collecting Colt firearms, exchanging knowledge among Colt collectors, and offering an annual show and meeting for members and guests

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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 $125

Program Service Revenue $128,813

Investment Income $70,578

Other Revenue $261,252

TOTAL REVENUE $460,768

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $324,796

Other Expenses $369,943

TOTAL EXPENSES $369,943

Year-over-Year Comparison

	2024	2023	Change
Revenue	$460,768	$326,268	+0.4%
Expenses	$369,943	$280,151	+0.3%
Net Income	$90,825	$46,117	+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
Craig Blancett	President	001.00	Officer Director	$0	$0	$0
Joel McCuaig	Vice President	001.00	Officer Director	$0	$0	$0
Linda Lockwood	Secretary	001.00	Officer Director	$0	$0	$0
Kevin Cherry	Treasurer	001.00	Officer Director	$0	$0	$0
Phyllis Panning	Show Chair	001.00	Officer Director	$0	$0	$0
Earl Whitney	Showroom Manager	001.00	Officer Director	$0	$0	$0
Scott Woller	Past President	001.00	Officer Director	$0	$0	$0
David Cheverier	Director at Large	001.00	Director	$0	$0	$0
Ken Condry	Director at Large	001.00	Director	$0	$0	$0
Beverly Haynes	Director at Large	001.00	Director	$0	$0	$0
Tom Hussey	Director at Large, Publications Chair	001.00	Director	$0	$0	$0
Andy Lawhorn	Director at Large	001.00	Director	$0	$0	$0
Sam Lisker	Director at Large	001.00	Director	$0	$0	$0
Eric Olson	Director at Large	001.00	Director	$0	$0	$0
Jim Olson	Director at Large	001.00	Director	$0	$0	$0
Gene Robinson	Director at Large	001.00	Director	$0	$0	$0
Ralph Wiechert	Director at Large	001.00	Director	$0	$0	$0
Charles Layson	Director at Large, CCA Historian	001.00	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
2025	No data	No data	No data	No data
2024	$460,768	$369,943	$986,787	$90,825
2023	$326,268	$280,151	$895,832	$46,117
2022	$229,645	$297,409	$851,773	$-67,764
2021	$172,824	$275,021	$905,505	$-102,197
2020	$101,955	$183,548	$921,909	$-81,593