CROQUET FOUNDATION OF VIRGINIA 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

2017

Legal Domicile

Principal Officer

Macey W White Jr

Tax Period

2022-01-01 to 2022-12-31

CROQUET FOUNDATION OF VIRGINIA INC, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $303K in total revenue in fiscal year 2022. Revenue surged 1276% from the prior year, signaling strong growth momentum.

Mission

Mission is to promote and support the amateur sport of croquet throughout the Commonwealth of Virginia through grants and education.

Program Service Accomplishments

Program 1

The CFV provided assistance and funding for an expansion of the Chesapeake Bay Croquet Club from eight courts to twenty-four courts, making it the largest croquet venue in the world. The club now...

The CFV provided assistance and funding for an expansion of the Chesapeake Bay Croquet Club from eight courts to twenty-four courts, making it the largest croquet venue in the world. The club now regularly sponsors national championship level tournaments.

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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 (2022)

Revenue Breakdown

Contributions & Grants $302,611

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $302,611

Expense Breakdown

Grants Paid $301,800

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $0

Other Expenses $77

TOTAL EXPENSES $301,877

Year-over-Year Comparison

	2022	2021	Change
Revenue	$302,611	$22,000	+12.8%
Expenses	$301,877	$23,690	+11.7%
Net Income	$734	$-1,690	-1.4%

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
Macey W White Jr	President	10.00	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
2022	$302,611	$301,877	$1,596	$734