CHANGED LIVES INC (EIN 201495764) - 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

1993

Legal Domicile

Principal Officer

ROBERT PHILLIPS

Phone

5302461259

Tax Period

2023-01-01 to 2023-12-31

CHANGED LIVES INC, founded in 1993, is a small nonprofit in the Religion sector that reported $958K in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

THE ORGANIZATION PROVIDES FORSTER CARE PLACEMENT SERVICES AND SUPPORT SERVIECS TO CHILREDN AND FOSTER FAMINIES.

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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 $380,362

Program Service Revenue $559,907

Investment Income $43

Other Revenue $17,386

TOTAL REVENUE $957,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $266,835

Fundraising Expenses $0

Program Expenses $952,131

Other Expenses $684,327

TOTAL EXPENSES $952,131

Year-over-Year Comparison

	2023	2022	Change
Revenue	$957,698	$1,158,881	-0.2%
Expenses	$952,131	$951,339	+0.0%
Net Income	$5,567	$207,542	-1.0%

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

N/A

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
BRET CHRIITIENSEN	PRESIDENT	002.00	Director	$0	$0	$0
MARC PARTSCH	MEMBER	002.00	Director	$0	$0	$0
SANDRA LINNELL	MEMBER	002.00	Director	$0	$0	$0
CLARA SMITH	MEMBER	002.00	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
2024	No data	No data	No data	No data
2023	$957,698	$952,131	$259,232	$5,567
2022	$1,158,881	$951,339	$417,035	$207,542
2021	$884,251	$797,800	$238,873	$86,451
2020	$734,501	$724,980	$121,295	$9,521

CHANGED LIVES INC