Positive Impact Fund For Tiger Charities Inc

EIN: 881306120 501(c)(3)

Charlotte, NC

Total Revenue
$1,202,998
Total Expenses
$3,017,344
Total Assets
N/A
Net Assets
N/A
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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
NC
Principal Officer
Richard Davies
Phone
8645900075
Tax Period
2023-01-01 to 2023-12-31

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.

Mission

The mission of the organization is to provide educational opportunities and training for college-level student athletes.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,180,785
Program Service Revenue $0
Investment Income $22,213
Other Revenue $0
TOTAL REVENUE $1,202,998

Expense Breakdown

Grants Paid $1,950,542
Salaries & Benefits $385,651
Fundraising Expenses $260,919
Program Expenses $2,091,178
Other Expenses $561,024
TOTAL EXPENSES $3,017,344

Year-over-Year Comparison

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%
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

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Governance

Voting Members
12
Independent Members
12
Employees
3
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
4
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
1
reported
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
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
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
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