CHARM CITY CHARITIES 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

2017

Legal Domicile

Principal Officer

BILL SPOTTS

Phone

4107715688

Tax Period

2018-07-01 to 2019-06-30

CHARM CITY CHARITIES INC, founded in 2017, is a small nonprofit that reported $302K in total revenue in fiscal year 2018. Revenue surged 114% from the prior year, signaling strong growth momentum.

Mission

TO IMPROVE THE LIVES OF YOUTH BY OFFERING THEM A HOLISTIC APPROACH THAT INCLUDES ACADEMIC SUPPORT, ATHLETIC TRAINING, LIFE SKILLS DEVELOPMENT, PHYSICAL AND EMOTIONAL WELLNESS, AND MENTORSHIP.

Program Service Accomplishments

Program 1

Expenses: $160,463

CHARM CITY CHARITIES HELPS ASSIST YOUTHS TO PLAY SPORTS BOTH PHYSICALLY AND MENTALLY BY PROVIDING ATHLETIC CAMPS AND SPORTS CLINICS.

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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 (2018)

Revenue Breakdown

Contributions & Grants $376,081

Program Service Revenue $0

Investment Income $0

Other Revenue $-74,167

TOTAL REVENUE $301,914

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $160,463

Other Expenses $314,914

TOTAL EXPENSES $314,914

Year-over-Year Comparison

	2018	2017	Change
Revenue	$301,914	$140,791	+1.1%
Expenses	$314,914	$128,291	+1.5%
Net Income	$-13,000	$12,500	-2.0%

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BILL SPOTTS	CEO	1.00	Officer Director	$0	$0	$0
BETH SPOTTS	PRESIDENT	1.00	Officer Director	$0	$0	$0
SEAN HULL	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
MARK ROHDE	BOARD MEMBER	1.00	Officer Director	$0	$0	$0
FRANK SAVARESE	BOARD MEMBER	1.00	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
2019	$301,914	$314,914	No data	$-13,000
2018	$140,791	$128,291	$13,000	$12,500