CHARITABLE SOLUTIONS 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

Phone

9186979113

Tax Period

2021-01-01 to 2021-12-31

CHARITABLE SOLUTIONS INC, founded in 2016, is a small nonprofit in the Health Care sector that reported $204K in total revenue in fiscal year 2021. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $192K left a modest 6% surplus.

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE VETERANS IN NEED, WHETHER IT BE FOOD, CLOTHING, TOILETRIES, ORDINARY DAY TO DAY LIVING NECESSITIES

Program Service Accomplishments

Program 1

Expenses: $170,191

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE VETERANS IN NEED, WHETHER IT BE FOOD, CLOTHING, TOILETRIES,AND ORDINARY DAY TO DAY LIVING NECESSITIES

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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 (2021)

Revenue Breakdown

Contributions & Grants $204,422

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $204,422

Expense Breakdown

Grants Paid $72,279

Salaries & Benefits $12,292

Fundraising Expenses $0

Program Expenses $170,191

Other Expenses $107,598

TOTAL EXPENSES $192,169

Year-over-Year Comparison

	2021	2020	Change
Revenue	$204,422	$139,425	+0.5%
Expenses	$192,169	$177,026	+0.1%
Net Income	$12,253	$-37,601	-1.3%

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

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JULIE BUCHHOLZ	President	25.00	Director	$10,000	$0	$10,000
HAROLD HECHINGER	Vice President	0.00	Director	$0	$0	$0
DEBBIE FRENGER	Secretary	0.00	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
2021	$204,422	$192,169	$44,818	$12,253
2019	$224,977	$158,420	$70,166	$66,557