RIPPLES OF CHANGE THE DRAKE AND KIERSTY FOUNDATION

EIN: 822833224 501(c)(3) Health Care

CARLSBAD, CA

Total Revenue
$8,566
Total Expenses
$8,529
Total Assets
$16,928
Net Assets
$16,928
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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
Principal Officer
DEBORAH BRADA-PITTS
Phone
7608051816
Tax Period
2022-01-01 to 2022-12-31

RIPPLES OF CHANGE THE DRAKE AND KIERSTY FOUNDATION, founded in 2017, is a micro nonprofit in the Health Care sector that reported $9K in total revenue in fiscal year 2022. Revenue fell 30% from the prior year — a significant decline worth monitoring.

Mission

RIPPLES OF CHANGE IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL AND SOCIAL CHANGE. THEY WILL RAISE FUNDS TO PROVIDE THERAPEUTIC SUPPORT AND ENRICHMENT FOR YOUNG ADULT CANCER PATIENTS BETWEEN THE AGE OF 18 - 25.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $8,566
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $8,566

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,778
Other Expenses $8,529
TOTAL EXPENSES $8,529

Year-over-Year Comparison

2022 2021 Change
Revenue $8,566 $12,175 -0.3%
Expenses $8,529 $2,979 +1.9%
Net Income $37 $9,196 -1.0%
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

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Governance

Voting Members
5
Independent Members
2
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEBORAH BRADA-PITTS PRESIDENT N/A
Officer Director
$0 $0 $0
KRISTIEN BRADA-THOMPSON SECRETARY N/A
Officer Director
$0 $0 $0
KARIN BRADA-WATKINS TREASURER 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
2022 $8,566 $8,529 $16,928 $37
2021 $12,175 $2,979 $18,710 $9,196
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