THE MOST EXCELLENT WAY LEARNING LIFE CENTER INC

EIN: 271005950 501(c)(3) Education

BAYONNE, NJ

Total Revenue
$264,783
Total Expenses
$270,149
Total Assets
$22,856
Net Assets
$22,856
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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
2009
Legal Domicile
NJ
Principal Officer
GLORIA WALTON
Phone
2018338304
Tax Period
2023-01-01 to 2023-12-31

THE MOST EXCELLENT WAY LEARNING LIFE CENTER INC, founded in 2009, is a small nonprofit in the Education sector that reported $265K in total revenue in fiscal year 2023. Revenue surged 94% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE PSYCHO-EDUCATIONAL, FAMILY RE-UNIFICATION, AND STRUCTURED SUPPORTIVE HOUSING SERVICES TO UNDER-SERVED POPULATION

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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 (2023)

Revenue Breakdown

Contributions & Grants $264,783
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $264,783

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,901
Fundraising Expenses $0
Program Expenses $207,521
Other Expenses $255,248
TOTAL EXPENSES $270,149

Year-over-Year Comparison

2023 2022 Change
Revenue $264,783 $136,269 +0.9%
Expenses $270,149 $124,787 +1.2%
Net Income $-5,366 $11,482 -1.5%
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
3
Independent Members
3
Employees
1
Volunteers
4

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
0
$0
Total Directors
4
$26,740
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GLIRIA CAMERON EXEC. DIRECTOR 35.00
Director
$26,740 $0 $26,740
IRANDA COLLIER SECRETARY/TREASURER 5.00
Director
$0 $0 $0
VINCENT THOMAS BOARD CHAIRMAN 5.00
Director
$0 $0 $0
DAVID MYERS VICE CHAIR 5.00
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
2023 $264,783 $270,149 $22,856 $-5,366
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