MYCHARITYEVENT INC

EIN: 823103441 501(c)(3)

SEVERNA PARK, MD

Total Revenue
$325,450
Total Expenses
$174,845
Total Assets
$230,985
Net Assets
$227,885
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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
MD
Principal Officer
RICHARD SHINGLES
Tax Period
2022-04-01 to 2023-03-31

MYCHARITYEVENT INC, founded in 2017, is a small nonprofit that reported $325K in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $151K, a strong 46% operating margin.

Mission

TO DONATE PROCEEDS FROM LOCAL EVENTS TO CHARITY

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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 $0
Program Service Revenue $325,450
Investment Income $0
Other Revenue $0
TOTAL REVENUE $325,450

Expense Breakdown

Grants Paid $3,298
Salaries & Benefits $38,885
Fundraising Expenses $0
Program Expenses $109,145
Other Expenses $132,662
TOTAL EXPENSES $174,845

Year-over-Year Comparison

2022 2021 Change
Revenue $325,450 $363,323 -0.1%
Expenses $174,845 $403,394 -0.6%
Net Income $150,605 $-40,071 -4.8%
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
1
Independent Members
N/A
Employees
1
Volunteers
2

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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD SHINGLES PRESIDENT 20.00
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
2023 $325,450 $174,845 $230,985 $150,605
2022 $363,323 $403,394 $80,380 $-40,071
2021 $536,663 $527,037 $120,451 $9,626
2020 $273,767 $247,409 $110,825 $26,358
2019 $264,582 $326,838 $84,467 $-62,256
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