Corwyns Cause Inc (EIN 820675843) - 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

Phone

2086956300

Tax Period

2024-01-01 to 2024-12-31

Corwyns Cause Inc, founded in 2017, is a small nonprofit in the Human Services sector that reported $258K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $335K exceeded revenue, resulting in a 30% operating deficit.

Mission

To bring forth uplifting support to medically fragile children and their families

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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 (2024)

Revenue Breakdown

Contributions & Grants $82,918

Program Service Revenue $0

Investment Income $72

Other Revenue $175,412

TOTAL REVENUE $258,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $121,073

Fundraising Expenses $29,823

Program Expenses $263,447

Other Expenses $214,326

TOTAL EXPENSES $335,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$258,402	$330,216	-0.2%
Expenses	$335,399	$358,452	-0.1%
Net Income	$-76,997	$-28,236	+1.7%

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

$87,554

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Megan Schomer	President - CEO	40.00	Officer	$87,554	$0	$87,554
Sean Marsh	Board Member	2.00	Director	$0	$0	$0
Brianna Wardle	Board Member	2.00	Director	$0	$0	$0
Whitney Price	Board Member	2.00	Director	$0	$0	$0
Sean Timpane	Board Member	2.00	Director	$0	$0	$0
Scott Summerlin	Board Member	2.00	Director	$0	$0	$0
Kendra Tietz	Secretary	2.00	Officer	$0	$0	$0
Jon Hastings	Treasurer	3.00	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
2024	$258,402	$335,399	$212,529	$-76,997
2023	$330,216	$358,452	$288,200	$-28,236
2022	$267,200	$359,036	$316,137	$-91,836
2021	$294,781	$289,986	$414,135	$4,795
2020	$244,283	$237,745	$415,189	$6,538
2019	$189,399	$172,782	$386,614	$16,617
2018	$362,326	$48,626	$371,622	$313,700

Corwyns Cause Inc