CARRY ON FOUNDATION (EIN 872350234) - 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

2021

Legal Domicile

Principal Officer

TANNER COLE PARKINSON

Tax Period

2023-01-01 to 2023-12-31

CARRY ON FOUNDATION, founded in 2021, is a small nonprofit in the Recreation & Sports sector that reported $290K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $102K, a strong 35% operating margin.

Mission

TO SUPPORT YOUTH IN THEIR MENTAL HEALTH BY UTILIZING ACTION SPORTS TO TEACH RESILIENCE AND TO FOSTER THE DEVELOPMENT OF CONFIDENCE, COMPETENCE, CONNECTION, AND CHARACTER.

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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 $261,779

Program Service Revenue $28,210

Investment Income $0

Other Revenue $-69

TOTAL REVENUE $289,920

Expense Breakdown

Grants Paid $0

Salaries & Benefits $129,854

Fundraising Expenses $43,120

Program Expenses $70,584

Other Expenses $44,228

TOTAL EXPENSES $188,082

Year-over-Year Comparison

	2023	2022	Change
Revenue	$289,920	$163,478	+0.8%
Expenses	$188,082	$103,368	+0.8%
Net Income	$101,838	$60,110	+0.7%

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

$22,250

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TANNER COLE PARKINSON	EXECUTIVE DI	40.00	Officer	$22,250	$0	$22,250
COLBY BAUER	PRESIDENT	2.00	Officer Director	$0	$0	$0
CLAY OLSEN	TREASURER	0.50	Officer Director	$0	$0	$0
JEN DYER	BOARD MEMBER	0.50	Director	$0	$0	$0
BRANDON LOWERY	BOARD MEMBER	0.50	Director	$0	$0	$0
LINDSAY HADLEY	BOARD MEMBER	0.50	Director	$0	$0	$0
TRENT MANO	BOARD MEMBER	0.50	Director	$0	$0	$0
CORY WEAVER	BOARD MEMBER	0.00	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
2024	No data	No data	No data	No data
2023	$289,920	$188,082	$182,372	$101,838
2022	$163,478	$103,368	$68,757	$60,110

CARRY ON FOUNDATION