True Light Family Resource Center (EIN 020783393) - 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

2006

Legal Domicile

Principal Officer

Alice Pigee-Wallack

Phone

8165611700

Tax Period

2024-01-01 to 2024-12-31

True Light Family Resource Center, founded in 2006, is a small nonprofit in the Human Services sector that reported $899K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $179K, a strong 20% operating margin.

Mission

Inner-City outreach primarily addressing homelessness, life skills and sustainability for women.

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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 $888,677

Program Service Revenue $1,639

Investment Income $8,969

Other Revenue $0

TOTAL REVENUE $899,285

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $53,596

Program Expenses $602,807

Other Expenses $668,711

TOTAL EXPENSES $720,609

Year-over-Year Comparison

	2024	2023	Change
Revenue	$899,285	$768,347	+0.2%
Expenses	$720,609	$658,015	+0.1%
Net Income	$178,676	$110,332	+0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shannon Wooten	Director	1.00	Director	$0	$0	$0
Roberta Taylor	Director	1.00	Director	$0	$0	$0
Lori Misemer	Director	1.00	Director	$0	$0	$0
Alice Pigee-Wallack	Executive Dir.	25.00	Director	$0	$0	$0
Junie Maggio	Director	1.00	Director	$0	$0	$0
Brittani Williams	Director	1.00	Director	$0	$0	$0
Roshelle Fetzer	Director	1.00	Director	$0	$0	$0
Annette Henderson	Director	1.00	Director	$0	$0	$0
Jabulani Leffall	Director	1.00	Director	$0	$0	$0
Walter Brown	President	2.00	Officer	$0	$0	$0
Kenna Valentine	Treasurer	10.00	Officer	$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	$899,285	$720,609	$705,765	$178,676
2023	$768,347	$658,015	$526,607	$110,332
2022	$329,149	$358,191	$416,274	$-29,042
2021	$285,765	$153,406	$380,078	$132,359
2020	$383,183	$298,760	$247,719	$84,423
2020	$239,323	$154,900	$247,719	$84,423

True Light Family Resource Center