Charlotte, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Positive Impact Fund For Tiger Charities Inc, founded in 2022, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $3.0M exceeded revenue, resulting in a 151% operating deficit.
THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROMOTE VOLUNTEERISM AND COMMUNITY ENGAGEMENT AND STRENGTHEN LOCAL COMMUNITY CHARITABLE ORGANIZATIONS AND INITIATIVES. SPECIFICALLY, THE ORGANIZATION WILL PROVIDE EDUCATIONAL OPPORTUNITIES AND TRAINING FOR COLLEGE-LEVEL STUDENT ATHLETES TO LEARN ABOUT COMMUNITY AND CIVIC ENGAGEMENT AND LEVERAGE THEIR NAME, IMAGE, AND LIKENESS ("NIL") TO PARTICIPATE IN AND PROMOTE LOCAL CHARITABLE CAUSES AND BRING MUCH-NEEDED PUBLIC AWARENESS AND ATTENTION TO UNDERSERVED LOCAL COMMUNITY ORGANIZATIONS AND INITIATIVES.
The Organization awarded contracts to college-level student athletes in the amount of $1,950,542 for the year ended December 31, 2023. The contract terms are one year and payments are made to the...
The Organization awarded contracts to college-level student athletes in the amount of $1,950,542 for the year ended December 31, 2023. The contract terms are one year and payments are made to the student athletes monthly. The contracts contain certain deliverables that the student athletes must complete and include a termination clause if these deliverables are not met. Expenses are recognized monthly as the payments are made. As of December 31, 2023, the Organization had no outstanding contracts due to the plan to dissolve the Organization.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,202,998 | $3,952,289 | -0.7% |
| Expenses | $3,017,344 | $2,137,943 | +0.4% |
| Net Income | $-1,814,346 | $1,814,346 | -2.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| James R Couch Jr | Employee | 40.0 |
Highest
|
$322,917 | $0 | $322,917 |
| Rich Davies | President | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Kevin Gemas | Vice President | 20.0 |
Officer
Director
|
$0 | $0 | $0 |
| Kendall Alley | Treasurer | 20.0 |
Officer
Director
|
$0 | $0 | $0 |
| Brent Beason | Secretary | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| Sherry Bradshaw | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Jimmy Brown | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Molly Craig | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Trevor Immelman | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Doug Lebda | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Brian Penner | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Bart Proctor | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Rodney Williams | Board Member | 0.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $1,202,998 | $3,017,344 | No data | $-1,814,346 |
| 2022 | $3,952,289 | $2,137,943 | $1,815,420 | $1,814,346 |
| 2021 | No data | No data | No data | No data |
Compare Positive Impact Fund For Tiger Charities Inc with other nonprofits in North Carolina and across the country.