GOALS FOR LIFE INC (EIN 223777822) - 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

ELLEN PARETTI

Phone

9737046030

Tax Period

2020-01-01 to 2020-12-31

GOALS FOR LIFE INC, founded in 2001, is a micro nonprofit in the Recreation & Sports sector that reported $91K in total revenue in fiscal year 2020. Revenue surged 274% from the prior year, signaling strong growth momentum. The organization ran a surplus of $66K, a strong 73% operating margin.

Mission

THE ORGANIZATION IS DEDICATED TO SUPPORTING WORTHY CAUSES DIRECTLY AFFECTING WOMEN AND FAMILIES THROUGH EVENTS AND SPORTS ACTIVITIES

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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 $66,559

Program Service Revenue $0

Investment Income $24,549

Other Revenue $0

TOTAL REVENUE $91,108

Expense Breakdown

Grants Paid $22,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,303

Other Expenses $2,534

TOTAL EXPENSES $25,034

Year-over-Year Comparison

	2020	2019	Change
Revenue	$91,108	$24,360	+2.7%
Expenses	$25,034	$25,653	0.0%
Net Income	$66,074	$-1,293	-52.1%

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

N/A

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
KATHLEEN M LEE	PRESIDENT	N/A	Officer Director	$0	$0	$0
LISA CIARDI	VICE PRESIDENT	N/A	Officer Director	$0	$0	$0
ELLEN PARETTI	TREASURER	N/A	Officer Director	$0	$0	$0
MARTHA C BOWDEN	SECRETARY	N/A	Officer Director	$0	$0	$0
MADELINE CIARDI	TRUSTEE	N/A	Director	$0	$0	$0
OLIVIA CIARDI	TRUSTEE	N/A	Director	$0	$0	$0
DONNA J DAVIS	TRUSTEE	N/A	Director	$0	$0	$0
SHARON KAUS	TRUSTEE	N/A	Director	$0	$0	$0
SIOBHAN MORELLO	TRUSTEE	N/A	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	$91,108	$25,034	$71,115	$66,074

GOALS FOR LIFE INC