VINTAGE RACERS FOR RESCUES INC (EIN 832750155) - 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

2019

Legal Domicile

Principal Officer

ROBYN HANDY

Phone

4342509080

Tax Period

2023-01-01 to 2023-12-31

VINTAGE RACERS FOR RESCUES INC, founded in 2019, is a small nonprofit in the Animal-Related sector that reported $235K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $72K, a strong 31% operating margin.

Mission

PROMOTING ANIMAL WELFARE AND HUMANE EDUCATION, RESCUE OF DOGS AND CATS FROM HIGH KILL ANIMAL SHELTERS IN NORTH CAROLINA AND VIRGINIA, FOSTER CARE AND ADOPTION SERVICES.

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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 $227,741

Program Service Revenue $14,997

Investment Income $0

Other Revenue $-7,861

TOTAL REVENUE $234,877

Expense Breakdown

Grants Paid $1,040

Salaries & Benefits $38,816

Fundraising Expenses $0

Program Expenses $126,858

Other Expenses $122,667

TOTAL EXPENSES $162,523

Year-over-Year Comparison

	2023	2022	Change
Revenue	$234,877	$209,392	+0.1%
Expenses	$162,523	$265,572	-0.4%
Net Income	$72,354	$-56,180	-2.3%

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

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

$26,000

Total Directors

$26,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBYN HANDY	PRESIDENT	40.00	Officer Director	$26,000	$0	$26,000
DAVID HANDY	VICE PRES & TREASURER	20.00	Officer Director	$0	$0	$0
JILLIAN HANDY	SECRETARY	5.00	Officer Director	$0	$0	$0
NANCY BECKER	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN RICHARDS	DIRECTOR	1.00	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	$234,877	$162,523	$131,620	$72,354
2022	$209,392	$265,572	$60,041	$-56,180
2021	$314,049	$237,259	$115,172	$76,790
2020	$192,384	$179,636	$36,928	$12,748
2019	$72,166	$52,382	$24,122	$19,784

VINTAGE RACERS FOR RESCUES INC