THE CHERRY RIVER FOUNDATION INC (EIN 821696207) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

CORY CHAMBERS

Phone

3046518453

Tax Period

2024-01-01 to 2024-12-31

THE CHERRY RIVER FOUNDATION INC, founded in 2019, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $401K in total revenue in fiscal year 2024. Revenue surged 149% from the prior year, signaling strong growth momentum. Expenses of $471K exceeded revenue, resulting in a 17% operating deficit.

Mission

THE CHERRY RIVER FOUNDATION IS A NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, SPECIFICALLY TO BE A VEHICLE FOR PEOPLE OF ALL MEANS TO MAKE A LASTING DIFFERENCE IN THEIR COMMUNITY. THE CENTRAL PURPOSE OF A COMMUNITY FOUNDATION IS TO SERVE THE NEEDS AND PHILANTHROPIC AIMS OF DONORS WHO WISH TO BETTER THEIR COMMUNITY, NOW AND IN THE FUTURE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $270,506

Program Service Revenue $10,185

Investment Income $167,507

Other Revenue $-47,611

TOTAL REVENUE $400,587

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $448,686

Other Expenses $470,524

TOTAL EXPENSES $470,524

Year-over-Year Comparison

	2024	2023	Change
Revenue	$400,587	$160,666	+1.5%
Expenses	$470,524	$38,640	+11.2%
Net Income	$-69,937	$122,026	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
RYAN BENNETT	TREASURER	N/A	Officer Director	$0	$0	$0
CORY CHAMBERS	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARSHA HANNA	BOARD MEMBER	N/A	Director	$0	$0	$0
DAN RITCHEY	BOARD MEMBER	N/A	Director	$0	$0	$0
DENISE TAYLOR	SECRETARY	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
2025	No data	No data	No data	No data
2024	$400,587	$470,524	$1,134,458	$-69,937
2023	$160,666	$38,640	$1,198,057	$122,026
2022	$328,735	$342,106	$1,076,031	$-13,371
2021	$316,841	$85,714	$1,089,402	$231,127
2020	$90,414	$12,029	$858,275	$78,385
2019	$137,500	$58,474	$779,890	$79,026

THE CHERRY RIVER FOUNDATION INC