CP LEGACY ASSETS (EIN 851516533) - 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

JOE SHAFFER

Phone

2102250864

Tax Period

2024-07-01 to 2025-06-30

CP LEGACY ASSETS, founded in 2020, is a micro nonprofit in the Community Improvement sector that reported $69K in total revenue in fiscal year 2024. Revenue surged 67% from the prior year, signaling strong growth momentum. Expenses of $371K exceeded revenue, resulting in a 435% operating deficit.

Mission

TO MAINTAIN THE FIXED ASSETS FOR A NON-PROFIT ORGANIZATION.

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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 $0

Program Service Revenue $69,419

Investment Income $0

Other Revenue $0

TOTAL REVENUE $69,419

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $371,118

Other Expenses $371,118

TOTAL EXPENSES $371,118

Year-over-Year Comparison

	2024	2023	Change
Revenue	$69,419	$41,644	+0.7%
Expenses	$371,118	$349,597	+0.1%
Net Income	$-301,699	$-307,953	0.0%

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
HARVEY P HARTENSTINE	Chairman	1.00	Officer Director	$0	$0	$0
EMILE L HUGGINS	Secretary	1.00	Officer Director	$0	$0	$0
SR GABRIELLA LOHAN	Director	1.00	Director	$0	$0	$0
WADE SHELTON	Director	1.00	Director	$0	$0	$0
JOE SHAFFER	CEO	40.00	Officer	$0	$0	$0
MARK NAPIER	DIR OF FINANCE	40.00	Officer	$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
2025	$69,419	$371,118	$3,622,906	$-301,699
2024	No data	No data	No data	No data
2023	$89,307	$331,787	$3,166,665	$-242,480
2022	$53,741	$443,537	$4,306,716	$-389,796
2021	$34,697	$340,332	$4,452,741	$-305,635
2020	No data	$19,224	$4,561,065	No data

CP LEGACY ASSETS