Tic Cup Charities Inc

Nonprofit profile at a glance

EIN
811159264
IRS 990-EZ coverage
2022–2022
Forms available
Form 990 2020, Form 990-EZ 2022
Location
Lone Tree, CO, USA
Phone
3033250300
Rating confidence
Limited
Sector
Public Foundations

Reported finances

Revenue
$-3,810
Expenses
$0
Assets
$0
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Shawn Colassuonno (Director and Executive Director)

People named in this filing

  • Shawn Colassuonno (Director and Executive Director)
  • Michael Brueggemann (Chairman)
  • Troy White (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

TIC CUP Charities, Inc. provides financial support to charities that provide support to children suffering from cancer; provide support to their families; and support research for pediatric cancer treatments.

What it reported doing in 2022

The last TIC Cup charity golf tournament was held in 2019. Due to COVID impacts the tournament was cancelled and TIC CUP Charities was dissolved. All remaining funds after payment of cancellation fees and refunds of deposits was paid to Make-A-Wish Colorado.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 70
  • Sustainability: 4
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 84.6%; rating input score 85; 2nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -100%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -43.4% per year; rating input score 0; 7th percentile among comparable filings
  • Asset growth: -57% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 4 filed schedules
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 4 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Sustainability: Operating margin scored 9/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.