PIRATE YOUTH CHEER ASSOCIATION

EIN: 814417275 501(c)(3) Recreation & Sports

GRANBURY, TX

Total Revenue
$53,722
Total Expenses
$52,020
Total Assets
$4,393
Net Assets
$4,393
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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
Principal Officer
LISA TEMPLE
Tax Period
2019-01-01 to 2019-12-31

PIRATE YOUTH CHEER ASSOCIATION, founded in 2016, is a micro nonprofit in the Recreation & Sports sector that reported $54K in total revenue in fiscal year 2019. Expenses of $52K left a modest 3% surplus.

Mission

PIRATE YOUTH CHEER ASSOCIATION WAS ESTABLISHED TO ENCOURAGE THE YOUTH OF THE LOCAL COMMUNITY TO COME TOGETHER AND TO SUPPORT ONE ANOTHER THROUGH CHEERLEADING AND GOOD SPORTSMANSHIP.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $46,506
Program Service Revenue $0
Investment Income $0
Other Revenue $7,216
TOTAL REVENUE $53,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,210
Other Expenses $52,020
TOTAL EXPENSES $52,020

Year-over-Year Comparison

2019 2018 Change
Revenue $53,722 N/A N/A
Expenses $52,020 N/A N/A
Net Income $1,702 N/A N/A
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

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Governance

Voting Members
7
Independent Members
7
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
5
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETHANY FAILING VICE PRESIDE N/A
Officer Director
$0 $0 $0
KAELYNN FORBES SECRETARY N/A
Officer Director
$0 $0 $0
CANDACE LAWRENCE FUNDRAISING N/A
Director
$0 $0 $0
BRENDA ROSAS SECRETARY N/A
Officer Director
$0 $0 $0
LISA TEMPLE PRESIDENT N/A
Officer Director
$0 $0 $0
TARA TOLLETT TREASURER N/A
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
2019 $53,722 $52,020 $4,393 $1,702
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