QUALITY OF LIFE FOUNDATION FOR METROPOLITAN DALLAS (EIN 237360214) - 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

1969

Legal Domicile

Phone

2147466720

Tax Period

2023-01-01 to 2023-12-31

QUALITY OF LIFE FOUNDATION FOR METROPOLITAN DALLAS, founded in 1969, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $729K in total revenue in fiscal year 2023. The organization ran a surplus of $135K, a strong 18% operating margin.

Mission

TO PROMOTE EDUCATION AND THE COMMUNITY LIFE OF METROPOLITAN DALLAS IN CULTURAL AND SOCIAL ASPECTS.

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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 $677,125

Program Service Revenue $51,515

Investment Income $0

Other Revenue $0

TOTAL REVENUE $728,640

Expense Breakdown

Grants Paid $502,371

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $573,680

Other Expenses $91,633

TOTAL EXPENSES $594,004

Year-over-Year Comparison

	2023	2022	Change
Revenue	$728,640	$752,633	0.0%
Expenses	$594,004	$832,009	-0.3%
Net Income	$134,636	$-79,376	-2.7%

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

$2,073,623

Total Directors

$1,006,342

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	DRC IMMEDIATE PAST CHAIR	1.0	Officer Director	$0	$0	$0
N/A	DRC Chair Elect 2024	1.0	Officer Director	$0	$0	$0
N/A	President	1.0	Officer Director	$0	$381,118	$1,006,342
N/A	DRC CHAIR PERSON	1.0	Officer Director	$0	$0	$0
N/A	DRC BOARD SECRETARY	1.0	Officer Director	$0	$0	$0
N/A	Treasurer	1.0	Officer	$0	$138,984	$517,948
N/A	Vice President	1.0	Officer	$0	$54,389	$265,142
N/A	board secretary	1.0	Officer	$0	$73,108	$284,191

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	$728,640	$594,004	$239,767	$134,636
2022	$752,633	$832,009	$446,612	$-79,376
2021	$527,253	$501,835	$519,798	$25,418
2020	$449,765	$394,237	$754,423	$55,528
2019	$727,159	$610,538	$642,772	$116,621
2018	$300,171	$292,649	$249,151	$7,522

QUALITY OF LIFE FOUNDATION FOR METROPOLITAN DALLAS