PRECIOUS LIFE CENTER

EIN: 270701184 501(c)(3) Education

CENTERVILLE, OH

Total Revenue
$717,983
Total Expenses
$638,601
Total Assets
$2,089,633
Net Assets
$952,705
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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
2014
Legal Domicile
OH
Phone
9378300157
Tax Period
2025-01-01 to 2025-12-31

PRECIOUS LIFE CENTER, founded in 2014, is a small nonprofit in the Education sector that reported $718K in total revenue in fiscal year 2025. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $639K left a modest 11% surplus.

Mission

PROVIDING CLOTHING, EDUCATION, TRANSPORTATION AND MEDICAL ASSISTANCE TO LOCAL INDIVIDUALS

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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%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $581,136
Investment Income $19,148
Other Revenue $117,699
TOTAL REVENUE $717,983

Expense Breakdown

Grants Paid $3,500
Salaries & Benefits $287,126
Fundraising Expenses $0
Other Expenses $347,975
TOTAL EXPENSES $638,601

Year-over-Year Comparison

2025 2024 Change
Revenue $717,983 $565,639 +0.3%
Expenses $638,601 $668,008 0.0%
Net Income $79,382 $-102,369 -1.8%
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
14
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
1
$38,220
Total Directors
6
$143,910
Key Employees
6
$143,910
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EVELYN OBUOBI PROGRAM COORDINATOR 040.00
Director Key Emp Highest
$50,300 $0 $50,300
AKOSUA YEBOAH CEO 040.00
Officer Director Key Emp
$38,220 $0 $38,220
JOHN TAYLOR HOUSING DIRECTOR 040.00
Director Key Emp
$28,000 $0 $28,000
REGINA HAYFORD VICE PRESIDENT 040.00
Director Key Emp
$13,900 $0 $13,900
AMY YEBOAH GENERAL MANAGER 020.00
Director Key Emp
$9,390 $0 $9,390
DAVID DETEAH TRANSPORTATION MANAGER 020.00
Director Key Emp
$4,100 $0 $4,100
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
2025 $717,983 $638,601 $2,089,633 $79,382
2024 $565,639 $668,008 $2,022,439 $-102,369
2023 $558,068 $648,016 $253,612 $-89,948
2022 $892,308 $829,821 $249,672 $62,487
2021 $1,081,803 $1,207,909 $187,185 $-126,106
2020 $946,815 $1,024,697 $208,126 $-77,882
2019 $509,831 $507,215 $99,059 $2,616
2018 $723,179 $611,254 $96,443 $111,925
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