CHERRY AVENUE FOUNDATION (EIN 833421353) - 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

ANNA GUSTAFSON

Phone

6127039073

Tax Period

2024-01-01 to 2024-12-31

CHERRY AVENUE FOUNDATION, founded in 2019, is a small nonprofit in the International Affairs sector that reported $721K in total revenue in fiscal year 2024. Revenue surged 41% from the prior year, signaling strong growth momentum. Expenses of $801K exceeded revenue, resulting in a 11% operating deficit.

Mission

SUPPORT THOSE IN POVERTY TO BUILD HOMES/SCHOOLS, SUPPORT LOCAL ORPHANS & WOMENS MEDICAL CLINICS

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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 (2024)

Revenue Breakdown

Contributions & Grants $718,691

Program Service Revenue $0

Investment Income $2,065

Other Revenue $0

TOTAL REVENUE $720,756

Expense Breakdown

Grants Paid $794,388

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $796,741

Other Expenses $6,114

TOTAL EXPENSES $800,502

Year-over-Year Comparison

	2024	2023	Change
Revenue	$720,756	$511,236	+0.4%
Expenses	$800,502	$367,341	+1.2%
Net Income	$-79,746	$143,895	-1.6%

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
ANNA GUSTAFSON	PRESIDENT	0.50	Officer Director	$0	$0	$0
RACHEL THIBAULT	TREASURER	0.50	Officer Director	$0	$0	$0
JEFFREY SVEN GUSTAFSON	DIRECTOR	0.50	Director	$0	$0	$0
JOHN DALY	DIRECTOR	0.50	Director	$0	$0	$0
KELLY DALY	DIRECTOR	0.50	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	$720,756	$800,502	$225,053	$-79,746
2023	$511,236	$367,341	$304,799	$143,895
2022	$408,735	$383,406	$160,904	$25,329
2021	$328,502	$323,983	$135,575	$4,519
2020	$282,984	$155,093	$131,056	$127,891

CHERRY AVENUE FOUNDATION