Storms of Life Foundation Inc

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2002

Legal Domicile

Principal Officer

CYNTHIA RIFKIN

Phone

6784436775

Tax Period

2022-01-01 to 2022-12-31

Storms of Life Foundation Inc, founded in 2002, is a micro nonprofit that reported $60K in total revenue in fiscal year 2022. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $545K exceeded revenue, resulting in a 815% operating deficit.

Mission

TO PROVIDE DISASTER RELIEF PAYMENTS TO THE EMPLOYEES OF SAVA SENIOR CARE AND ITS AFFILIATED ENTITIES.

Program Service Accomplishments

Program 1

Expenses: $160,000

In 2022, The foundation donated to the Emergency Assistance Foundation which administers global disaster and hardship relief funds.

Program 2

Expenses: $355,114

In 2022, The foundation donated to the Jack and Nancy Dwyer Workforce which administers comprehensive support to individuals who lack opportunity and aspire to pursue a career in the healthcare...

In 2022, The foundation donated to the Jack and Nancy Dwyer Workforce which administers comprehensive support to individuals who lack opportunity and aspire to pursue a career in the healthcare industry.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $58,138

Program Service Revenue $0

Investment Income $1,499

Other Revenue $0

TOTAL REVENUE $59,637

Expense Breakdown

Grants Paid $515,114

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $515,114

Other Expenses $30,383

TOTAL EXPENSES $545,497

Year-over-Year Comparison

	2022	2021	Change
Revenue	$59,637	$99,864	-0.4%
Expenses	$545,497	$244,489	+1.2%
Net Income	$-485,860	$-144,625	+2.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$4,701,456

Total Directors

$5,189,953

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tim Schindler	President	0.25	Officer Director	$0	$0	$4,107,800
Chris Stenger	Director	0.25	Director	$0	$0	$530,688
Cynthia Rifkin	Treasurer	0.0	Officer	$0	$0	$344,120
James Fasano	Director	0.25	Director	$0	$0	$301,929
Rachelle Melecio	Secretary/Director	0.5	Officer Director	$0	$0	$249,536

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
2022	$59,637	$545,497	No data	$-485,860
2021	$99,864	$244,489	$485,860	$-144,625
2020	$120,249	$236,474	$630,485	$-116,225