THE MCDAVID GROUP CHARITIES INC (EIN 813958709) - 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

2016

Legal Domicile

Principal Officer

JIM MCDAVID

Phone

7722105881

Tax Period

2023-01-01 to 2023-12-31

THE MCDAVID GROUP CHARITIES INC, founded in 2016, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.1M left a modest 9% surplus.

Mission

THE MCDAVID GROUP CHARITIES HOSTS THE ANNUAL "GOLF FOR COPS PRO-AM GOLF TOURNAMENT" WHICH BENEFITS THE SURVIVING FAMILIES OF AMERICA'S FALLEN LAW ENFORCEMENT OFFICERS. THE NET PROCEEDS ARE EARMARKED TO SUPPORT COPS HANDS-ON PROGRAMS, AS WELL AS PROVIDE EMOTIONAL AND FINANCIAL SUPPORT, SCHOLARSHIPS, AND OTHER INITIATIVES TO HELP SURVIVING SPOUSES AND THE CHILDREN THAT ARE AFFECTED BY A LINE-OF-DUTY DEATH AND THE AMERICA'S HEROS SCHOLARSHIP FUND TO PROVIDE SCHOLARSHIPS TO TEENS AND SPOUSES OF FALLEN LAW ENFORCEMENT. ONCE A YEAR THE NET PROCEEDS OF THE GOLF TOURNAMENT ARE DISTRIBUTED IN THE FORM OF A CHECK TO COPS AND COMMUNITY FOUNDATION OF PALM BEACH AND MARTIN COUNTIES FOR THE AMERICAN'S HEROS SCHOLARSHIP FUND.

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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 $943,075

Program Service Revenue $0

Investment Income $0

Other Revenue $261,994

TOTAL REVENUE $1,205,069

Expense Breakdown

Grants Paid $230,000

Salaries & Benefits $91,501

Fundraising Expenses $0

Program Expenses $1,076,981

Other Expenses $775,745

TOTAL EXPENSES $1,097,246

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,205,069	$1,216,022	0.0%
Expenses	$1,097,246	$1,294,879	-0.2%
Net Income	$107,823	$-78,857	-2.4%

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
DAN SHEA	VICA PRESIDE	1.00	Officer Director	$0	$0	$0
WARREN CLEVELAND	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JIM MCDAVID	PRESIDENT, C	10.00	Officer Director	$0	$0	$0
JAMES SMITH	TREASURER	1.00	Officer Director	$0	$0	$0
TANYA BARRETT	EXECUTIVE DI	40.00	Officer 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	$1,205,069	$1,097,246	$764,592	$107,823
2022	$1,216,022	$1,294,879	$723,290	$-78,857
2021	$1,213,110	$854,796	$672,767	$358,314
2020	$638,989	$610,392	$273,401	$28,597
2019	$408,079	$377,315	$326,276	$30,764
2018	$283,789	$288,895	$255,290	$-5,106

THE MCDAVID GROUP CHARITIES INC