Groovy Caring & Giving Fund (EIN 823334205) - 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

2020

Legal Domicile

Phone

2147422471

Tax Period

2023-01-01 to 2023-12-31

Groovy Caring & Giving Fund, founded in 2020, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $450K in total revenue in fiscal year 2023. Revenue surged 1989% from the prior year, signaling strong growth momentum. Expenses of $601K exceeded revenue, resulting in a 34% operating deficit.

Mission

THE GROOVY CARING AND GIVING FUND WAS ESTABLISHED BY THE MAYNOR FAMILY FOR THE PURPOSE OF LESSENING THE BURDENS OF INDIVIDUALS IN NEED. WE DO SO BY FINANCIALLY SUPPORTING AND CONTRIBUTING TO A WIDE RANGE OF PROJECTS, INCLUDING EDUCATIONAL, HEALTH, COMMUNITY, VETERANS, YOUTH, DISASTER RELIEF, AND OTHER APPROPRIATE ACTIVITIES AND PROGRAMS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $449,861

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $449,861

Expense Breakdown

Grants Paid $595,207

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $595,207

Other Expenses $5,639

TOTAL EXPENSES $600,846

Year-over-Year Comparison

	2023	2022	Change
Revenue	$449,861	$21,538	+19.9%
Expenses	$600,846	$46,320	+12.0%
Net Income	$-150,985	$-24,782	+5.1%

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

N/A

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
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	Director	$0	$0	$0
N/A	DIRECTOR	1.0	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
2023	$449,861	$600,846	$13,764	$-150,985

Groovy Caring & Giving Fund