TALES OF THE COCKTAIL FOUNDATION INC (EIN 841701381) - 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

2006

Legal Domicile

Principal Officer

GARY N SOLOMON JR

Phone

5049480511

Tax Period

2024-01-01 to 2024-12-31

TALES OF THE COCKTAIL FOUNDATION INC, founded in 2006, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.9M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $4.7M exceeded revenue, resulting in a 22% operating deficit.

Mission

TO EDUCATE, ADVANCE, AND SUPPORT THE GLOBAL HOSPITALITY INDUSTRY.

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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 $250,000

Program Service Revenue $3,492,500

Investment Income $8,619

Other Revenue $100,004

TOTAL REVENUE $3,851,123

Expense Breakdown

Grants Paid $225,613

Salaries & Benefits $1,353,849

Fundraising Expenses $51,889

Program Expenses $4,395,813

Other Expenses $3,104,406

TOTAL EXPENSES $4,683,868

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,851,123	$5,276,976	-0.3%
Expenses	$4,683,868	$5,946,140	-0.2%
Net Income	$-832,745	$-669,164	+0.2%

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

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
GARY N SOLOMON SR	Treasurer	5.00	Officer Director	$0	$0	$0
GARY N SOLOMON JR	CO-CHAIR	10.00	Officer Director	$0	$0	$0
NEAL BODENHEIMER	CO-CHAIR	10.00	Officer Director	$0	$0	$0
TESS POSTHUMUS	Director	2.00	Director	$0	$0	$0
PERRY SHOLES	Director	2.00	Director	$0	$0	$0
JOHN GAKURU	Director	2.00	Director	$0	$0	$0
CLAIRE WARNER	Director	2.00	Director	$0	$0	$0
EILEEN WAYNER	CHIEF EXECUTIVE OFFICER	40.00		$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	$3,851,123	$4,683,868	$531,495	$-832,745
2023	$5,276,976	$5,946,140	$1,439,946	$-669,164
2022	$4,556,732	$4,679,431	$1,572,536	$-122,699
2022	$4,556,732	$4,679,431	$1,572,536	$-122,699
2021	$2,036,416	$2,259,869	$658,022	$-223,453
2020	$2,092,446	$2,274,459	$497,531	$-182,013
2019	$4,992,480	$4,655,124	$1,867,005	$337,356
2018	$1,955,096	$2,841,630	$379,956	$-886,534

TALES OF THE COCKTAIL FOUNDATION INC