GOOD LIFE PHILANTHROPIC YOUTH FOUNDATION INC (EIN 261123420) - 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

JONATHAN CERRITO

Phone

9174841613

Tax Period

2023-01-01 to 2023-12-31

GOOD LIFE PHILANTHROPIC YOUTH FOUNDATION INC, founded in 2007, is a community nonprofit in the Education sector that reported $2.4M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

ENCOURAGE SUCCESSFUL AND PRODUCTIVE CAREER AND LIFE STRATEGIES FOR "AT-RISK" YOUTH.

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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 $326,534

Program Service Revenue $2,020,206

Investment Income $0

Other Revenue $70,674

TOTAL REVENUE $2,417,414

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,520,955

Fundraising Expenses $0

Program Expenses $2,351,305

Other Expenses $883,935

TOTAL EXPENSES $2,404,890

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,417,414	$2,052,631	+0.2%
Expenses	$2,404,890	$1,564,271	+0.5%
Net Income	$12,524	$488,360	-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

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

$97,884

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN CERRITO	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEPHANIE PASQUALE	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
JENNIFER HOLLAND	SECRETARY	2.00	Officer Director	$0	$0	$0
JAMES CZARNIAK	DIRECTOR	1.00	Director	$0	$0	$0
JUD GOSTIN	DIRECTOR	1.00	Director	$0	$0	$0
SUNNY JIMENEZ	DIRECTOR	1.00	Director	$0	$0	$0
WINFIELD PRASS	DIRECTOR	1.00	Director	$0	$0	$0
EL-JAVA ABDUL-QUADIR	DIRECTOR	1.00	Director	$0	$0	$0
EMAD RAHIM	DIRECTOR	1.00	Director	$0	$0	$0
JUHANNA ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
WILLITHIA JONES	DIRECTOR	1.00	Director	$0	$0	$0
YOLANDA MITCHELL	TREASURER	2.00	Officer Director	$0	$0	$0
LAIZA SEMIDEY	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE OSBOURNE	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW READ	DIRECTOR	1.00	Director	$0	$0	$0
YNESSE ABDUL-MALAK	DIRECTOR	1.00	Director	$0	$0	$0
HASAN STEPHENS	EXECUTIVE DIRECTOR	40.00	Officer	$95,733	$2,151	$97,884

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	$2,417,414	$2,404,890	$713,492	$12,524
2022	$2,052,631	$1,564,271	$653,028	$488,360
2021	$1,257,735	$1,108,021	$416,066	$149,714
2019	$572,723	$620,426	$95,438	$-47,703
2018	$348,431	$238,797	$143,504	$109,634

GOOD LIFE PHILANTHROPIC YOUTH FOUNDATION INC