TRUE TO LIFE FOUNDATION (EIN 161668183) - Form 990 Financial Analysis & Trantor Score

🔒

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

Velinda Alexander

Phone

7733747046

Tax Period

2024-01-01 to 2024-12-31

TRUE TO LIFE FOUNDATION, founded in 2002, is a community nonprofit in the Youth Development sector that reported $1.3M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $1.3M left a modest 3% surplus.

Mission

To promote competent, complete and creative families through education, crisis intervention and restoration programs.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,319,594

Program Service Revenue $0

Investment Income $0

Other Revenue $1,984

TOTAL REVENUE $1,321,578

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,023,116

Fundraising Expenses $0

Program Expenses $1,261,759

Other Expenses $257,371

TOTAL EXPENSES $1,280,487

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,321,578	$1,136,255	+0.2%
Expenses	$1,280,487	$1,220,324	+0.0%
Net Income	$41,091	$-84,069	-1.5%

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

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

$241,912

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Velinda Alexander	President & CEO	40.00	Officer	$204,781	$0	$204,781
CHARLOTTE BARNETT	FINANCE DIRECTOR	40.00		$143,583	$0	$143,583
JOY SIMS	BUSINESS MNGR	40.00		$102,553	$0	$102,553
Larry Alexander	Vice President	25.00	Officer	$37,131	$0	$37,131
Antionette Jones	Board Member	1.00	Director	$0	$0	$0
Marion Stewart - Parrott	Board Member	1.00	Director	$0	$0	$0
Patricia Thomas	Board Member	1.00	Director	$0	$0	$0
Sean Caruthers	Treasurer	1.00	Officer	$0	$0	$0
Rachel Fatubde	Secretary	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	$1,321,578	$1,280,487	$487,118	$41,091
2024	No data	No data	No data	No data
2023	$1,136,255	$1,220,324	$442,545	$-84,069
2022	$1,015,914	$1,056,759	$402,143	$-40,845
2021	$762,761	$792,787	$452,208	$-30,026
2020	$800,485	$855,966	$495,863	$-55,481
2019	$844,164	$832,016	$407,810	$12,148
2019	$844,164	$827,953	$86,873	$16,211
2018	$772,251	$789,385	$139,905	$-17,134

TRUE TO LIFE FOUNDATION