Tap Cancer Out Inc (EIN 900694278) - 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

2012

Legal Domicile

Principal Officer

Jon Thomas

Tax Period

2023-01-01 to 2023-12-31

Tap Cancer Out Inc, founded in 2012, is a community nonprofit in the Recreation & Sports sector that reported $2.5M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

Tap Cancer Out is a 501(c)3 non profit raising awareness and funds for cancer-fighting organizations on behalf of the Brazilian Jiu-Jitsu community through unique fundraising events.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,796,903

Program Service Revenue $0

Investment Income $30,023

Other Revenue $-318,820

TOTAL REVENUE $2,508,106

Expense Breakdown

Grants Paid $1,500,000

Salaries & Benefits $436,890

Fundraising Expenses $254,108

Program Expenses $1,940,577

Other Expenses $545,585

TOTAL EXPENSES $2,482,475

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,508,106	$2,271,679	+0.1%
Expenses	$2,482,475	$2,177,954	+0.1%
Net Income	$25,631	$93,725	-0.7%

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

300

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

$166,383

Total Directors

$329,716

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jon Thomas	President/Chair	40.00	Officer Director	$141,551	$24,832	$166,383
Becky Thomas	VP Marketing	40.00	Director	$123,333	$0	$123,333
Mark Amoroso	Director	8.00	Director	$40,000	$0	$40,000
Patrick Walsh	Secretary	8.00	Officer Director	$0	$0	$0
Andrew Myerson	Director	5.00	Director	$0	$0	$0
Geof Corb	Director	5.00	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	$2,508,106	$2,482,475	$784,251	$25,631
2022	$2,271,679	$2,177,954	$494,680	$93,725
2021	$1,748,162	$1,793,773	$341,988	$-45,611
2020	$907,709	$721,920	$477,491	$185,789
2019	$1,265,115	$1,257,360	$77,281	$7,755
2018	$725,276	$710,365	$58,194	$14,911

Tap Cancer Out Inc