BEAUTY CHANGES LIVES

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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

2011

Legal Domicile

Principal Officer

LYNELLE LYNCH

Phone

8585252210

Tax Period

2024-04-01 to 2025-03-31

BEAUTY CHANGES LIVES, founded in 2011, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.3M left a modest 4% surplus.

Mission

TO SUPPORT INDIVIDUALS PURSUING CAREERS IN THE BEAUTY AND WELLNESS INDUSTRY BY PROVIDING SCHOLARSHIP ASSISTANCE,MENTORSHIP OPPORTUNITIES,ENTREPRENEURIAL GRANTS,AND ADVANCING INITIATIVES THAT ELEVATE AND INSPIRE THE PROFESSION THROUGH CHARITABLE AND EDUCATIONAL PROGRAMS.

Program Service Accomplishments

Program 1

Expenses: $1,072,079

BEAUTY CHANGES LIVES PROVIDES SCHOLARSHIP AND EDUCATIONAL OPPORTUNITIES FOR BEAUTY AND WELLNESS PROFESSIONALS.TO DO THIS WE OPERATE THE WEBSITE, WWW.BEAUTYCHANGESLIVES.ORG,A COMPREHENSIVE PORTAL...

BEAUTY CHANGES LIVES PROVIDES SCHOLARSHIP AND EDUCATIONAL OPPORTUNITIES FOR BEAUTY AND WELLNESS PROFESSIONALS.TO DO THIS WE OPERATE THE WEBSITE, WWW.BEAUTYCHANGESLIVES.ORG,A COMPREHENSIVE PORTAL WHERE PROSPECTIVE STUDENTS AND PROFESSIONALS CAN APPLY FOR VARIOUS SCHOLARSHIPS AND MENTORSHIP PROGRAMS AND OPPORTUNITIES TO HELP ADVANCE THEIR CAREERS. THROUGH THIS PLATFORM,WE TRANSFORM PERCEPTION ABOUT CAREERS IN BEAUTY AND WELLNESS AND RAISE AWARENESS OF THE VARIETY OF OPPORTUNITIES AVAILABLE TO PROFESSIONALS.

Program 2

BEAUTY CHANGES LIVES ALSO HOSTS COMMUNITY AND EDUCATIONAL EVENTS THROUGHOUT THE YEAR THAT BRING BEAUTY AND WELLNESS PROFESSIONALS TOGETHER.THESE EVENTS SHOWCASE SCHOLARSHIP AND PROGRAM...

BEAUTY CHANGES LIVES ALSO HOSTS COMMUNITY AND EDUCATIONAL EVENTS THROUGHOUT THE YEAR THAT BRING BEAUTY AND WELLNESS PROFESSIONALS TOGETHER.THESE EVENTS SHOWCASE SCHOLARSHIP AND PROGRAM OPPORTUNITIES,FOSTER COLLABORATION,VOLUNTEERISM,AND SUPPORT AMONG PEERS WHILE CELEBRATING THE PROFESSION AND ELEVATING THE INDUSTRY.MANY INDIVIDUALS AND COMPANIES GENEROUSLY DONATE THEIR TIME AND TALENT TO MAKE THESE COMMUNITY EVENTS POSSIBLE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,315,785

Program Service Revenue $0

Investment Income $10,993

Other Revenue $0

TOTAL REVENUE $1,326,778

Expense Breakdown

Grants Paid $439,937

Salaries & Benefits $393,253

Fundraising Expenses $117,916

Program Expenses $1,072,079

Other Expenses $439,524

TOTAL EXPENSES $1,272,714

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,326,778	$1,336,674	0.0%
Expenses	$1,272,714	$1,258,550	+0.0%
Net Income	$54,064	$78,124	-0.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LISA ROEBERG	EXECUTIVE DIRECTOR	40.00		$129,923	$0	$129,923
CHARLES BROWN	Director	2.00	Director	$0	$0	$0
MARTIN DALE	Director	2.00	Director	$0	$0	$0
TERESA LOPEZ	Director	2.00	Director	$0	$0	$0
KATELYN MACY	Director	2.00	Director	$0	$0	$0
APRIL MCCOY	Director	2.00	Director	$0	$0	$0
MEGAN MURRAY	Director	2.00	Director	$0	$0	$0
EDWIN NEIL	Director	2.00	Director	$0	$0	$0
CHELSEA RIGGS	Director	2.00	Director	$0	$0	$0
KAREN SHORT	Director	2.00	Director	$0	$0	$0
JANA WESTERBEKE	Director	2.00	Director	$0	$0	$0
LYNELLE LYNCH	President	5.00	Officer	$0	$0	$0
ROBERT PASSAGE	Vice President	5.00	Officer	$0	$0	$0
JAN ARNOLD	Secretary	2.00	Officer	$0	$0	$0
PHIL HORVATH	Treasurer	2.00	Officer	$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
2025	$1,326,778	$1,272,714	$1,033,150	$54,064
2024	$1,336,674	$1,258,550	$911,158	$78,124
2023	$1,213,767	$1,107,948	$816,951	$105,819
2022	$671,555	$748,765	$765,369	$-77,210
2021	$798,723	$881,305	$605,423	$-82,582
2020	$536,212	$690,695	$887,919	$-154,483
2019	$1,220,461	$1,237,402	$876,424	$-16,941
2018	$443,451	$553,311	$1,024,513	$-109,860