TED AND PATRICIA COUNTS CHARITABLE FOUNDATION INC (EIN 874147481) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2021

Legal Domicile

Principal Officer

TED F COUNTS

Phone

4345252991

Tax Period

2023-07-01 to 2024-06-30

TED AND PATRICIA COUNTS CHARITABLE FOUNDATION INC, founded in 2021, is a micro nonprofit in the Education sector that reported $9K in total revenue in fiscal year 2022. Revenue fell 98% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $9K, a strong 99% operating margin.

Mission

TO PROVIDE SCHOLARSHIPS TO STUDENTS INTERESTED IN A CAREER IN THE GOLF INDUSTRY REQUIRING FINANCIAL ASSISTANCE TO PROMOTE THE GOLF INDUSTRY AND TO EXPAND THE INTEREST IN GOLF AMONG THE YOUTH AND TO PROVIDE FINANCIAL ASSISTANCE TO INDIVIDUALS AND CHARITABLE ORGANIZATIONS DEMONSTRATING A FINANCIAL NEED TO ASSIST THEM IN REACHING THEIR GOALS AND OBJECTIVES AND A MEANS FOR OVERCOMING FINANCIAL OBSTACLES.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $7,023

Other Revenue $0

TOTAL REVENUE $7,023

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,000

Other Expenses $1,615

TOTAL EXPENSES $51,615

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,023	$9,300	-0.2%
Expenses	$51,615	$100	+515.2%
Net Income	$-44,592	$9,200	-5.8%

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

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
TED F COUNTS	PRESIDENT	5.00	Officer	$0	$0	$0
WILLIAM C BRYANT II	VICE PRESIDENT	5.00	Officer	$0	$0	$0
WILLIAM C BRYANT III	SECRETARY	5.00	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	No data	No data	No data	No data
2024	$7,023	$51,615	$657,766	$-44,592
2023	$9,300	$100	$579,122	$9,200

TED AND PATRICIA COUNTS CHARITABLE FOUNDATION INC