DERON CHERRY CHARITABLE FOUNDATION (EIN 815399361) - 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

2017

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

DERON CHERRY CHARITABLE FOUNDATION, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $218K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $209K left a modest 4% surplus.

Mission

THE CORPORATION WILL PROVIDE FINANCIAL SUPPORT TO OTHER NONPROFIT ORGANIZATIONS WHICH QUALIFY AS PUBLIC CHARITIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE

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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 $11,868

Program Service Revenue $0

Investment Income $0

Other Revenue $205,666

TOTAL REVENUE $217,534

Expense Breakdown

Grants Paid $175,000

Salaries & Benefits $22,364

Fundraising Expenses $10,586

Program Expenses $181,531

Other Expenses $12,001

TOTAL EXPENSES $209,365

Year-over-Year Comparison

	2023	2022	Change
Revenue	$217,534	$259,478	-0.2%
Expenses	$209,365	$288,935	-0.3%
Net Income	$8,169	$-29,457	-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

Employees

Volunteers

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

$22,364

Total Directors

$22,364

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIN QUADOR	Executive Dir.	2.00	Officer Director	$22,364	$0	$22,364
INGER BRANE	Director	2.00	Director	$0	$0	$0
KIRK GORDON	Director	2.00	Director	$0	$0	$0
JOHN HEIN	Director	2.00	Director	$0	$0	$0
RANDY WINTON	Director	2.00	Director	$0	$0	$0
MATT BRANE	Director	2.00	Director	$0	$0	$0
MICHELLE SUMSTAD	Director	2.00	Director	$0	$0	$0
BRIAN BAILEY	Director	2.00	Director	$0	$0	$0
BOB GORDON	Secretary	2.00	Director	$0	$0	$0
JARVIS BOMAR	Treasurer	2.00	Director	$0	$0	$0
DERON CHERRY	President	2.00	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	$217,534	$209,365	$59,658	$8,169
2022	$259,478	$288,935	$51,489	$-29,457
2021	$364,496	$296,442	$80,946	$68,054
2020	$239,171	$233,772	$40,859	$5,399
2019	$197,806	$201,280	$35,460	$-3,474
2018	$214,284	$214,379	$38,934	$-95

DERON CHERRY CHARITABLE FOUNDATION