CHERRY BEKAERT FOUNDATION

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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

MATTHEW SOCHA

Phone

7035840224

Tax Period

2024-01-01 to 2024-12-31

CHERRY BEKAERT FOUNDATION, founded in 2022, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $174K in total revenue in fiscal year 2024. Revenue fell 85% from the prior year — a significant decline worth monitoring. Expenses of $386K exceeded revenue, resulting in a 122% operating deficit.

Mission

CHERRY BEKAERT FOUNDATION IS COMMITTED TO CARRYING OUT OUR VALUE OF MAKING A DIFFERENCE IN OUR COMMUNITIES. WE ARE FOCUSED ON IMPACTING WHERE WE LIVE AND WORK THROUGH VOLUNTEERISM AND FINANCIAL SUPPORT OF NATIONAL AND LOCAL ORGANIZATIONS. OUR DEDICATION TO STRENGTHENING OUR COMMUNITIES AND BUILDING FOR A BETTER TOMORROW IS AT THE HEART OF WHAT WE DO.

Program Service Accomplishments

Program 1

Expenses: $376,848

CONNECTED EMPLOYEES TO VOLUNTEER ACTIVITIES AND SUPPORT COMMUNITY SERVICE INITIATIVES THROUGHOUT THE YEAR. CREATED A BETTER FUTURE BY PROVIDING RESOURCES AND TRAINING TO INSPIRE PHILANTHROPY AND...

CONNECTED EMPLOYEES TO VOLUNTEER ACTIVITIES AND SUPPORT COMMUNITY SERVICE INITIATIVES THROUGHOUT THE YEAR. CREATED A BETTER FUTURE BY PROVIDING RESOURCES AND TRAINING TO INSPIRE PHILANTHROPY AND GIVING BACK TO OUR COMMUNITIES. MADE A DIFFERENCE IN THE COMMUNITIES WHERE WE LIVE, WORK, AND PLAY THROUGH ORGANIZATIONS THAT ALIGNED WITH OUR AREAS OF FOCUS.

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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 $130,653

Program Service Revenue $0

Investment Income $27,421

Other Revenue $16,075

TOTAL REVENUE $174,149

Expense Breakdown

Grants Paid $307,200

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $376,848

Other Expenses $79,129

TOTAL EXPENSES $386,329

Year-over-Year Comparison

	2024	2023	Change
Revenue	$174,149	$1,143,971	-0.8%
Expenses	$386,329	$55,691	+5.9%
Net Income	$-212,180	$1,088,280	-1.2%

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

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
SUSAN MOSER	PRESIDENT	5.00	Officer Director	$0	$0	$0
MATTHEW SOCHA	TREASURER & SECRETARY	3.00	Officer Director	$0	$0	$0
LUIS GALLARDO	SECRETARY (THRU 9/2024)	1.00	Officer Director	$0	$0	$0
ANN BEHRENS	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE CONNOR	DIRECTOR	1.00	Director	$0	$0	$0
CYNTHIA DANIEL	DIRECTOR	1.00	Director	$0	$0	$0
AMY DOSIK	DIRECTOR (THRU 9/2024)	1.00	Director	$0	$0	$0
DOUG HELM	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA QUINN	DIRECTOR	1.00	Director	$0	$0	$0
BRAD SMITH	DIRECTOR	1.00	Director	$0	$0	$0
MITCHELL WEINTRAUB	DIRECTOR	1.00	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	$174,149	$386,329	$884,109	$-212,180
2023	$1,143,971	$55,691	$1,126,314	$1,088,280