Cheers To You Inc

EIN: 843653448 501(c)(3) Public & Societal Benefit

Saint Petersburg, FL

Total Revenue
$146,203
Total Expenses
$129,497
Total Assets
$42,062
Net Assets
$11,596
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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
FL
Principal Officer
Pam Santos
Tax Period
2023-01-01 to 2023-12-31

Cheers To You Inc, founded in 2019, is a small nonprofit in the Public & Societal Benefit sector that reported $146K in total revenue in fiscal year 2023. Revenue surged 113% from the prior year, signaling strong growth momentum. Expenses of $129K left a modest 11% surplus.

Mission

EMPOWER FAMILIES TO ENHANCE THEIR WELL-BING AND OVERCOME HARDSHIPS BY PARTNERING WITH EXISTING COMMUNITY ADVOCATES.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $146,203
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $146,203

Expense Breakdown

Grants Paid $39,547
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $66,755
Other Expenses $89,950
TOTAL EXPENSES $129,497

Year-over-Year Comparison

2023 2022 Change
Revenue $146,203 $68,505 +1.1%
Expenses $129,497 $95,915 +0.4%
Net Income $16,706 $-27,410 -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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAM SANTOS PRESIDENT 030.00
Officer Director
$0 $0 $0
CHARLENE GOTSCHALL TREASURER 030.00
Officer Director
$0 $0 $0
SARAH CLAWSON DIRECTOR 010.00
Director
$0 $0 $0
DEEANN ROSENAU DIRECTOR 010.00
Director
$0 $0 $0
JENNA KING DIRECTOR 010.00
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
2023 $146,203 $129,497 $42,062 $16,706
2022 $68,505 $95,915 $36 $-27,410
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