QUALITAS OF LIFE FOUNDATION (EIN 061833489) - 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

2007

Legal Domicile

Principal Officer

LEIGH ROVZAR

Phone

6468852295

Tax Period

2023-01-01 to 2023-12-31

QUALITAS OF LIFE FOUNDATION, founded in 2007, is a small nonprofit in the Human Services sector that reported $560K in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $632K exceeded revenue, resulting in a 13% operating deficit.

Mission

QUALITAS OF LIFE FOUNDATION IS A NON-PROFIT ORGANIZATION THAT PROVIDES BASIC FINANCIAL EDUCATION TO HISPANIC INDIVIDUALS AND THEIR FAMILIES IN ORDER TO FOSTER THEIR FINANCIAL SECURITY AND IMPROVE THEIR STANDARD OF LIVING.

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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 $608,984

Program Service Revenue $0

Investment Income $2,216

Other Revenue $-51,448

TOTAL REVENUE $559,752

Expense Breakdown

Grants Paid $0

Salaries & Benefits $402,256

Fundraising Expenses $107,366

Program Expenses $416,936

Other Expenses $229,546

TOTAL EXPENSES $631,802

Year-over-Year Comparison

	2023	2022	Change
Revenue	$559,752	$471,706	+0.2%
Expenses	$631,802	$466,757	+0.4%
Net Income	$-72,050	$4,949	-15.6%

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

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

$75,056

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSELL G BYERS JR	DIRECTOR	0.25	Director	$0	$0	$0
LEIGH ROVZAR	CHAIRMAN	1.00	Officer Director	$0	$0	$0
GREGORIO SCHNEIDER	TREASURER	1.00	Officer Director	$0	$0	$0
JORGE SUAREZ-VELEZ	DIRECTOR	1.00	Director	$0	$0	$0
MIGUEL ZABLUDOVSKY	DIRECTOR	0.25	Director	$0	$0	$0
IVANA ESTRADA	SECRETARY	0.50	Officer Director	$0	$0	$0
MARCELA ORVANANOS	DIRECTOR	3.00	Director	$0	$0	$0
RYAN C GAUBERT	DIRECTOR	1.00	Director	$0	$0	$0
REBECA ESPINOSA	DIRECTOR	0.25	Director	$0	$0	$0
CARLA HAMMOND	DIRECTOR	0.25	Director	$0	$0	$0
JORGE KURI	DIRECTOR (THRU SEPTEMBER 2023)	0.25	Director	$0	$0	$0
MYRIAM E REBLING	EXECUTIVE DIRECTOR	40.00	Officer	$75,056	$0	$75,056

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	$559,752	$631,802	$421,513	$-72,050
2022	$471,706	$466,757	$490,577	$4,949
2021	$488,279	$564,186	$483,767	$-75,907
2020	$1,137,254	$1,093,482	$621,511	$43,772
2019	$506,039	$662,450	$507,962	$-156,411
2018	$559,068	$529,601	$655,645	$29,467

QUALITAS OF LIFE FOUNDATION