TEN LIVES CLUB INC (EIN 161611221) - 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

2001

Legal Domicile

Principal Officer

JOSEPH SPRAGUE

Phone

7166465577

Tax Period

2024-01-01 to 2024-12-31

TEN LIVES CLUB INC, founded in 2001, is a community nonprofit in the Animal-Related sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $2.2M left a modest 11% surplus.

Mission

THE ORGANIZATION RESCUES AND ADOPTS ADULT CATS AND KITTENS. EVERY CAT THAT COMES INTO THE THE PROGRAM IS SPAYED/NEUTERED, VACCINATED, AND TREATED BY PROFESSIONAL VETERINARIANS. THE ORGANIZATION ALSO EDUCATES THE PUBLIC ON RESPONSIBLE PET OWNERSHIP.

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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 $1,794,398

Program Service Revenue $436,318

Investment Income $4,044

Other Revenue $209,540

TOTAL REVENUE $2,444,300

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,281,180

Fundraising Expenses $316,576

Program Expenses $1,677,996

Other Expenses $888,719

TOTAL EXPENSES $2,169,899

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,444,300	$1,636,355	+0.5%
Expenses	$2,169,899	$1,730,160	+0.3%
Net Income	$274,401	$-93,805	-3.9%

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

200

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

$183,493

Total Directors

$93,113

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIE EDWARDS	EXECUTIVE DI	65.00	Officer Director	$87,862	$5,251	$93,113
JOSEPH SPRAGUE	OPERATIONS D	40.00	Officer	$89,533	$847	$90,380
BRUCE EDWARDS	VICE PRESIDE	4.00	Officer Director	$0	$0	$0
SALLIE EDWARDS	PRESIDENT	4.00	Officer Director	$0	$0	$0
KELLY MCCARTHY	SECRETARY	1.00	Officer Director	$0	$0	$0
KAREN SLOMBA	OFFICER	1.00	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	$2,444,300	$2,169,899	$875,247	$274,401
2023	$1,636,355	$1,730,160	$682,459	$-93,805
2022	$1,658,367	$1,854,427	$647,330	$-196,060
2021	$1,326,553	$1,227,018	$825,336	$99,535
2020	$1,037,262	$796,691	$698,792	$240,571
2020	$837,700	$721,098	$637,067	$116,602
2018	$570,599	$638,528	$411,769	$-67,929

TEN LIVES CLUB INC