CAROLYN RAY FOUNDATION INC (EIN 844471042) - 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

2020

Legal Domicile

Principal Officer

Michael Ray

Phone

5857396324

Tax Period

2022-01-01 to 2022-12-31

CAROLYN RAY FOUNDATION INC, founded in 2020, is a micro nonprofit in the Public & Societal Benefit sector that reported $12K in total revenue in fiscal year 2022. Revenue decreased 6% compared to the prior year. Expenses of $12K left a modest 4% surplus.

Mission

Provide various forms of support through donations to families who were impacted by tragedies or hardships, especially those in the Brockport and surrounding community, and to provide community with information for safer roadway behaviors and to advocate for and promote safer roads. Fundraising and goods donations collected through walks and bike ride events and toy drives.

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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 (2022)

Revenue Breakdown

Contributions & Grants $12,145

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $12,145

Expense Breakdown

Grants Paid $8,455

Salaries & Benefits $0

Fundraising Expenses $2,031

Program Expenses $8,530

Other Expenses $3,229

TOTAL EXPENSES $11,684

Year-over-Year Comparison

	2022	2021	Change
Revenue	$12,145	$12,915	-0.1%
Expenses	$11,684	$11,600	+0.0%
Net Income	$461	$1,315	-0.6%

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

N/A

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
Michael Ray	Director	1	Director	$0	$0	$0
Matthew Ray	Director	0.1	Director	$0	$0	$0
Kristin Ray	Director	0.1	Director	$0	$0	$0
Gino Sementa	Director	0.1	Director	$0	$0	$0
Joseph Sementa	Director	0.1	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
2022	$12,145	$11,684	$12,573	$461

CAROLYN RAY FOUNDATION INC