CRYSTAL COAST CORKS & FORKS INC (EIN 880573353) - 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

2022

Legal Domicile

Principal Officer

PHIL JONES

Phone

9194900500

Tax Period

2024-01-01 to 2024-12-31

CRYSTAL COAST CORKS & FORKS INC, founded in 2022, is a micro nonprofit in the Food, Agriculture & Nutrition sector that reported $25K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring.

Mission

TO RAISE MONEY FOR VARIOUS OTHER 501(C)(3)ORGANIZATIONS THAT PROVIDE FOOD ASSISTANCE TO THE POOR, SUPPORT LOCAL FOOD AND AGRICULTURE, AND EDUCATE LOCAL CULINARY STUDENTS. THE ORGANIZATION'S BOARD OF DIRECTORS WILL REVIEW THE FINANCIAL REPORTS AND OTHER AVAILABLE DATA REGARDING THE OPERATIONS AND FINANCIAL CONDITION OF ANY ORGANIZATION TO WHICH IT DONATES. THE ORGANIZATION WILL REQUEST REPORTS ON HOW ITS FUNDS WERE USED FROM EACH ORGANIZATION TO WHICH IT DONATES. THE ORGANIZATION WILL MAINTAIN FINANCIAL RECORDS WITH RESPECT TO ALL FUNDS DONATED, INCLUDING AMOUNTS, RECIPIENTS, AND REPORTS ON USE OF THE FUNDS.

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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 $2,056

Program Service Revenue $23,303

Investment Income $0

Other Revenue $0

TOTAL REVENUE $25,359

Expense Breakdown

Grants Paid $11,258

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $27,287

Other Expenses $16,029

TOTAL EXPENSES $27,287

Year-over-Year Comparison

	2024	2023	Change
Revenue	$25,359	$33,889	-0.3%
Expenses	$27,287	$18,276	+0.5%
Net Income	$-1,928	$15,613	-1.1%

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
TRACEY HINES	TREASURER	N/A	Officer	$0	$0	$0
LORI JONES	VICE PRESIDE	N/A	Officer	$0	$0	$0
PHIL JONES	PRESIDENT	N/A	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
2024	$25,359	$27,287	$28,934	$-1,928
2023	$33,889	$18,276	$30,862	$15,613
2022	$25,728	$10,479	$15,249	$15,249

CRYSTAL COAST CORKS & FORKS INC