CHANCE FOR LIFE ORGANIZATION INC (EIN 113761327) - 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

2005

Legal Domicile

Principal Officer

EDWARD L BRANCH

Phone

3137849209

Tax Period

2024-01-01 to 2024-12-31

CHANCE FOR LIFE ORGANIZATION INC, founded in 2005, is a community nonprofit in the Unknown sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 37% from the prior year, signaling strong growth momentum. Expenses of $1.0M left a modest 12% surplus.

Mission

TO TRANSFORM THE MINDSET OF BOTH THE INCARCERATED AND FORMALLY INCARCERATED INDIVIDUALS IN AN EFFORT TO REDUCE RECIDIVISM AND PROMOTE COMMUNITY SAFETY. TO ASSIST FAMILIES WITH THE INTEGRATION OF FORMERLY INCARCERATED INDIVIDUALS BACK INTO THE FAMILY UNIT AS WELL AS INTO THE COMMUNITY.

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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 $1,158,365

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,158,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $255,056

Fundraising Expenses $0

Program Expenses $1,017,057

Other Expenses $762,001

TOTAL EXPENSES $1,017,057

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,158,365	$845,677	+0.4%
Expenses	$1,017,057	$943,744	+0.1%
Net Income	$141,308	$-98,067	-2.4%

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

$238,399

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSICA TAYLOR	EXECUTIVE DI	50.00	Officer	$120,299	$0	$120,299
THOMAS ADAMS	PRESIDENT	60.00	Officer	$118,100	$0	$118,100
RICHARD BAIRD	COUNCIL MEMB	N/A	Director	$0	$0	$0
ALICIA BELL	COUNCIL MEMB	N/A	Director	$0	$0	$0
RAYMOND BOOKER	COUNCIL MEMB	N/A	Officer Director	$0	$0	$0
EDWARD L BRANCH	COUNCIL CHAI	N/A	Officer Director	$0	$0	$0
JOHN BROAD	COUNCIL MEMB	N/A	Director	$0	$0	$0
ODIS BUFFINGTON	COUNCIL MEMB	N/A	Director	$0	$0	$0
DR RAPHAEL JOHNSON	COUNCIL MEMB	N/A	Director	$0	$0	$0
BENJAMIN JONES	COUNCIL MEMB	N/A	Director	$0	$0	$0
MINISTER ANTHONY JONES	COUNCIL MEMB	N/A	Director	$0	$0	$0
JONATHAN KINLOCH	COUNCIL MEMB	N/A	Director	$0	$0	$0
PETER MARTEL	COUNCIL MEMB	N/A	Director	$0	$0	$0
PASTOR DARRYL MOORE	COUNCIL MEMB	N/A	Director	$0	$0	$0
WILLIAM RILEY	COUNCIL VICE	N/A	Officer 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
2025	No data	No data	No data	No data
2024	$1,158,365	$1,017,057	$88,026	$141,308
2023	$845,677	$943,744	No data	$-98,067
2022	$691,024	$628,537	$67,625	$62,487
2021	$311,921	$404,970	$4,628	$-93,049
2020	$394,404	$396,025	$74,377	$-1,621
2019	$457,140	$412,076	$77,851	$45,064
2018	$332,321	$193,230	$25,983	$139,091
2017	$220,097	$222,103	No data	$-2,006

CHANCE FOR LIFE ORGANIZATION INC