THE CARMELO ANTHONY FOUNDATION 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

2016

Legal Domicile

Principal Officer

CARMELO ANTHONY

Phone

3105531707

Tax Period

2019-01-01 to 2019-12-31

THE CARMELO ANTHONY FOUNDATION INC, founded in 2016, is a micro nonprofit in the Human Services sector that reported $25K in total revenue in fiscal year 2019. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $453K exceeded revenue, resulting in a 1711% operating deficit.

Mission

THE CORPORATION IS FORMED FOR THE FOLLOWING CHARITABLE PURPOSES: TO PROVIDE SUPPORT AND ASSISTANCE TO CHILDREN LIVING IN IMPOVERISHED AND UNDERSERVED AREAS BY SUPPORTING RECREATION AND COMMUNITY-BASED ACTIVITIES IN THESE AREAS.

Program Service Accomplishments

Program 1

Expenses: $199,912 Revenue: $25,000

The Carmelo Anthony Foundation, Inc. launched a Courts for Kids program in Puerto Rico. The program is designed to encourage and help kids in the disadvantaged socioeconomic areas. The program goal is to give kids a better place to play and the opportunity to be successful both on the court and in life. In 2019, The Carmelo Anthony Foundation, Inc. completed seven sport court outdoor surfaces.

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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 (2019)

Revenue Breakdown

Contributions & Grants $25,005

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $25,005

Expense Breakdown

Grants Paid $185,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $199,912

Other Expenses $267,940

TOTAL EXPENSES $452,940

Year-over-Year Comparison

	2019	2018	Change
Revenue	$25,005	$533,044	-1.0%
Expenses	$452,940	$425,049	+0.1%
Net Income	$-427,935	$107,995	-5.0%

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

N/A

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	Role	Reportable Comp	Other Comp	Total
CARMELO ANTHONY	DIRECTOR	Officer	$0	$0	$0
ROBERT FRASIER	DIRECTOR	Officer	$0	$0	$0
ASANI SWANN	DIRECTOR	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
2019	$25,005	$452,940	$28,786	$-427,935
2018	$533,044	$425,049	$456,721	$107,995