CHASING M'S FOUNDATION INC

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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

DAMAR HAMIN

Phone

4123786787

Tax Period

2023-01-01 to 2023-12-31

CHASING M'S FOUNDATION INC, founded in 2020, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.4M in total revenue in fiscal year 2023. Revenue surged 188280% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.2M, a strong 98% operating margin.

Mission

THE CORPORATION IS DEDICATED TO SUPPORTING THE ASPIRATIONS OF YOUTH AND COMMUNITY MEMBERS THROUGH SPORTS, EDUCATION, AND OTHER ENRICHMENT OPPORTUNITIES, AS WELL AS TO PROMOTE HEALTH AND SAFETY.

Program Service Accomplishments

Program 1

Expenses: $189,269

THE ORGANIZATION PURCHASED SPORTS AND SPORTS CAMP EQUIPMENT THE ORGANIZATION PURCHASED DEFIBRILLATORS & OTHER SPORTS-RELATED MEDICAL EQUIPMENT FOR USE IN HIGH SCHOOL SPORTS PROGRAMS

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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 $9,205,975

Program Service Revenue $0

Investment Income $213,038

Other Revenue $0

TOTAL REVENUE $9,419,013

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $11,643

Program Expenses $189,269

Other Expenses $203,513

TOTAL EXPENSES $203,513

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,419,013	$5,000	+1882.8%
Expenses	$203,513	$5,000	+39.7%
Net Income	$9,215,500	N/A	N/A

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAMAR HAMLIN	PRESIDENT	N/A	Officer Director	$0	$0	$0
MARIO HAMLIN	TREASURER	N/A	Officer Director	$0	$0	$0
NINA HAMLIN	SECRETARY	N/A	Officer Director	$0	$0	$0
JORDON ROONEY	DIRECTOR	N/A	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	$9,419,013	$203,513	$9,215,602	$9,215,500
2023	$9,317,118	No data	$8,860,226	No data
2023	$9,317,118	$456,992	$8,860,226	$8,860,126