TOPHAND FOUNDATION INC

EIN: 831795371 501(c)(3) Human Services

EMPORIA, VA

Total Revenue
$350,817
Total Expenses
$303,811
Total Assets
$587,119
Net Assets
$15,054
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2018
Principal Officer
MARK COGGINS
Phone
4343361950
Tax Period
2021-01-01 to 2021-12-31

TOPHAND FOUNDATION INC, founded in 2018, is a small nonprofit in the Human Services sector that reported $337K in total revenue in fiscal year 2019.

Mission

TO POSITIVELY IMPACT COMMUNITIES BY DEVELOPING YOUTH AND ADULTS INTO LEADERS WITH CHARACTER AND A PASSION FOR EXCELLENCE, EMPHASIZING THE GROWTH OF BODY AND MIND.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $313,236
Investment Income $0
Other Revenue $37,581
TOTAL REVENUE $350,817

Expense Breakdown

Grants Paid $0
Salaries & Benefits $73,964
Fundraising Expenses $0
Program Expenses $272,447
Other Expenses $229,847
TOTAL EXPENSES $303,811

Year-over-Year Comparison

2021 2020 Change
Revenue $350,817 $297,290 +0.2%
Expenses $303,811 $304,482 0.0%
Net Income $47,006 $-7,192 -7.5%
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

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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
10
Independent Members
10
Employees
23
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
4
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL ALLEN TREASURER N/A
Officer Director
$0 $0 $0
MARK COGGINS PRESIDENT N/A
Officer Director
$0 $0 $0
ANITA CROSS DIRECTOR N/A
Director
$0 $0 $0
RUSTIN JESSEE VICE PRESIDE N/A
Officer Director
$0 $0 $0
CATHY JONES DIRECTOR N/A
Director
$0 $0 $0
SARAH POARCH DIRECTOR N/A
Director
$0 $0 $0
SARAH JANE RICHARDSON SECRETARY N/A
Officer Director
$0 $0 $0
GREG SCOTT DIRECTOR N/A
Director
$0 $0 $0
SEAN WADE DIRECTOR N/A
Director
$0 $0 $0
TAMECA WOODLEY DIRECTOR N/A
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 No data No data No data No data
2022 No data No data No data No data
2021 $350,817 $303,811 $587,119 $47,006
2020 $297,290 $304,482 $562,843 $-7,192
2019 $336,872 $349,824 $589,286 $-12,952
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