LIFE CHANGE ACADEMY INC (EIN 205981950) - 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

CYNTHIA L PIPKIN

Phone

4057552401

Tax Period

2020-01-01 to 2020-12-31

LIFE CHANGE ACADEMY INC, founded in 2007, is a small nonprofit that reported $124K in total revenue in fiscal year 2020. Revenue fell 32% from the prior year — a significant decline worth monitoring. Expenses of $174K exceeded revenue, resulting in a 40% operating deficit.

Mission

TEACHING BALLROOM DANCING TO 5TH TO 12TH GRADERS IN BOTH IN-SCHOOL AND AFTER-SCHOOL PROGRAMS

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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 (2020)

Revenue Breakdown

Contributions & Grants $45,620

Program Service Revenue $3,800

Investment Income $64,266

Other Revenue $10,600

TOTAL REVENUE $124,286

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,411

Fundraising Expenses $0

Program Expenses $149,713

Other Expenses $46,794

TOTAL EXPENSES $174,205

Year-over-Year Comparison

	2020	2019	Change
Revenue	$124,286	$183,839	-0.3%
Expenses	$174,205	$207,432	-0.2%
Net Income	$-49,919	$-23,593	+1.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CYNTHIA L PIPKIN	EXECUTIVE DIRECTOR	40.00	Officer Director	$0	$0	$0
DAVID JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
JENNINE BORTMESS	TREASURER	1.00	Director	$0	$0	$0
MARY HUDDLESTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
KARISSA O'SHIELDS	DIRECTOR	1.00	Director	$0	$0	$0
TINA LEWIS	SECRETARY	1.00	Officer Director	$0	$0	$0
KRIS HOPPER	DIRECTOR	1.00	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
2020	$124,286	$174,205	No data	$-49,919

LIFE CHANGE ACADEMY INC