CAV FUTURES FOUNDATION (EIN 883593504) - 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

2022

Legal Domicile

Principal Officer

LORENZA DAVIS

Phone

4349998821

Tax Period

2023-01-01 to 2023-12-31

CAV FUTURES FOUNDATION, founded in 2022, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $5.1M in total revenue in fiscal year 2023. Revenue surged 102686% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.7M, a strong 71% operating margin.

Mission

TO CONDUCT CHARITABLE AND EDUCATIONAL ACTIVITIES, INCLUDING, WITHOUT LIMITATION, PROVIDING GRANTS AND OTHER SUPPORT TO NONPROFIT ORGANIZATIONS IN AND BEYOND THE VIRGINIA, MARYLAND, AND DC METROPOLITAN AREAS, SPECIFICALLY INCLUDING CHARLOTTESVILLE, VA; EDUCATING AND EMPOWERING COLLEGIATE ATHLETES TO USE THEIR PERSONAL BRANDS IN SUPPORT OF CHARITABLE ORGANIZATIONS AND CAUSES; AND BUILDING OUT A STRONG NETWORK OF STUDENT ATHLETES AND ALUMNI TO SUPPORT CAREER DEVELOPMENT PATHWAYS AND OTHER PRACTICAL LIFE SKILLS PROGRAMS.

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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 $4,897,198

Program Service Revenue $0

Investment Income $242,102

Other Revenue $0

TOTAL REVENUE $5,139,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,421

Fundraising Expenses $132,643

Program Expenses $1,252,901

Other Expenses $1,261,658

TOTAL EXPENSES $1,487,079

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,139,300	$5,000	+1026.9%
Expenses	$1,487,079	$5,000	+296.4%
Net Income	$3,652,221	N/A	N/A

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

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

$222,844

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LORENZA DAVIS	EXECUTIVE DI	25.00	Officer	$203,820	$0	$222,844
CLINT BOWES	TREASURER	5.00	Officer Director	$0	$0	$0
MICHAEL GEISMAR	VICE CHAIR	2.50	Officer Director	$0	$0	$0
VALERIE MORINI	CHAIR	2.50	Officer 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	$5,139,300	$1,487,079	$3,411,410	$3,652,221

CAV FUTURES FOUNDATION