EMPLOYEES OF COMMUNITY FUND OF THE… - Form 990 Financial Data

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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

2018

Legal Domicile

Principal Officer

CHERI CARTER

Phone

3125442408

Tax Period

2023-01-01 to 2023-12-31

EMPLOYEES OF COMMUNITY FUND OF THE BOEING COMPANY, founded in 2018, is a community nonprofit in the Public & Societal Benefit sector that reported $5.0M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $7.6M exceeded revenue, resulting in a 52% operating deficit.

Mission

TO PROACTIVELY INVOLVE BOEING EMPLOYEES IN SUPPORT OF COMMUNITY SERVICES WHERE THEY LIVE AND WORK.

Program Service Accomplishments

Program 1

Expenses: $7,593,705

EMPLOYEES COMMUNITY FUND OF BOEING MAKES CONTRIBUTIONS TO VARIOUS NONPROFIT ORGANIZATIONS THAT SUPPORT HUMAN SERVICES, EDUCATION AND COMMUNITY ENRICHMENT 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 $5,011,261

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $5,011,261

Expense Breakdown

Grants Paid $7,593,705

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $7,593,705

Other Expenses $13,542

TOTAL EXPENSES $7,607,247

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,011,261	$5,965,127	-0.2%
Expenses	$7,607,247	$6,717,741	+0.1%
Net Income	$-2,595,986	$-752,614	+2.4%

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

N/A

Volunteers

150

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
CHERI CARTER	PRESIDENT	4.00	Officer Director	$0	$0	$0
SIDNEY MAY	TREASURER	4.00	Officer Director	$0	$0	$0
DEMI HANNON	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
JOHN SASSAMAN	SECRETARY	4.00	Officer Director	$0	$0	$0
SHEHNAZ SPENCER	BOARD MEMBER	4.00	Director	$0	$0	$0
JACOB SIMS	BOARD MEMBER	4.00	Director	$0	$0	$0
KIM O'ROURKE	BOARD MEMBER	4.00	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
2024	No data	No data	No data	No data
2023	$5,011,261	$7,607,247	$5,852,332	$-2,595,986
2022	$5,965,127	$6,717,741	$8,372,818	$-752,614
2021	$6,145,371	$8,054,273	$8,996,932	$-1,908,902
2020	$13,871,251	$7,279,956	$11,233,975	$6,591,295

EMPLOYEES OF COMMUNITY FUND OF THE BOEING COMPANY