WHO IS CARTER FOUNDATION INC (EIN 821950994) - 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

Principal Officer

EMILY ABBOTT

Phone

4158232386

Tax Period

2022-01-01 to 2022-12-31

WHO IS CARTER FOUNDATION INC, founded in 2017, is a micro nonprofit in the Human Services sector that reported $17K in total revenue in fiscal year 2022. Revenue fell 95% from the prior year — a significant decline worth monitoring. Expenses of $44K exceeded revenue, resulting in a 156% operating deficit.

Mission

THEBRAINPOSSIBLE.COM IS A WEBSITE AND PODCAST FOR PARENTS AND CAREGIVERS THAT CENTRALIZES INFORMATION ON PEDIATRIC NEUROLOGICAL CONDITIONS, AND PUBLISHES ARTICLES ON NUMEROUS ELEMENTARY AND ALTERNATIVE TREATMENT OPTIONS FOR THOSE CONDITIONS.

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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 (2022)

Revenue Breakdown

Contributions & Grants $14,092

Program Service Revenue $0

Investment Income $2,939

Other Revenue $0

TOTAL REVENUE $17,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,374

Fundraising Expenses $0

Other Expenses $28,255

TOTAL EXPENSES $43,629

Year-over-Year Comparison

	2022	2021	Change
Revenue	$17,031	$321,329	-0.9%
Expenses	$43,629	$255,499	-0.8%
Net Income	$-26,598	$65,830	-1.4%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN VOTAVA	MEMBER	4.00	Director	$0	$0	$0
LINDY WOODARD	MEMBER	2.00	Director	$0	$0	$0
JENNIFER RAGAZZO	SECRETARY	4.00	Officer	$0	$0	$0
EMILY ABBOTT	EXECUTIVE DIRECTOR	35.00	Officer	$0	$0	$0
JOSEPH GENG	VICE PRESIDENT	4.00	Officer	$0	$0	$0
MATTHEW ABBOTT	TREASURER	4.00	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
2022	$17,031	$43,629	$303,994	$-26,598
2021	$321,329	$255,499	$480,492	$65,830
2020	$212,054	$248,514	$430,072	$-36,460
2019	$836,557	$528,277	$466,532	$308,280

WHO IS CARTER FOUNDATION INC