GREATER LIFE INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2003

Legal Domicile

Principal Officer

Michael Westbrook

Phone

9739232264

Tax Period

2023-01-01 to 2023-12-31

GREATER LIFE INC, founded in 2003, is a small nonprofit in the Recreation & Sports sector that reported $735K in total revenue in fiscal year 2023. Revenue surged 41% from the prior year, signaling strong growth momentum.

Mission

TO EDUCATE AND INSPIRE AT-RISK AND BEHAVIORLY CHALLENGED YOUTH AND FAMILY MEMBERS WITH INNOVATIVE AND CULTURALLY-SENSITIVE PROGRAMS, SO THEY MAY THRIVE ACADEMICALLY, SOCIALLY, PHYSCIALLY AND SPIRITUALLY.

Program Service Accomplishments

Program 1

Expenses: $369,496 Revenue: $1,548

Family Resource Center-LifeLine / Caring About People (CAP); Programs of our Metropolitan Urban Family Institute (MUFI), serves youth & families who are unserved, underserved, overlooked, at risk...

Family Resource Center-LifeLine / Caring About People (CAP); Programs of our Metropolitan Urban Family Institute (MUFI), serves youth & families who are unserved, underserved, overlooked, at risk, and improverished / indigent; designed to address insecurities including food/meals, health & wellness, clothing, housing, employment, education, mental health, neighborhood / community safety, ect. Offering intake & case management for wrap-a-round servicing Virtually, Hybrid & onsite; including food pantry / healthy eating / vouchers, medical referrals, transportation vouchers, counseling, memorials, safety training, community organizing, employability, and referrals to collaborative agencies & professionals; to ultimately help reduce repetivite "poverty mindset", and overall negative behaviors otherwise exhibited with desperation.

Program 2

Expenses: $0 Revenue: $0

Camping, scouting, and retreats; Virtually, Hybrid & on-site year-round; to offer character-building, career exploration, field trips, college visits, and leadership development to those most likly to become more productive members of society upon exposure, which provides a positive impact for peers, family members, communities, city, state, nation & world.

Program 3

Expenses: $262,983 Revenue: $0

Community Outreach Center engages street outreach workers with goal of identifying youth who have fallen through the cracks, impoverished, gang influenced, criminally challeged, displaced, orphaned, homeless, etc. Including released incarcerated youth, safe haven daily programs and follow-up services include; Virtually, Hybrid & onsite; Metropolitan Urban Leadership Institute (MULI), Kidstitute Education Enrichment Program (KEEP), Girls In Real Life Situations (GIRLS), healthy eating, and Faith in Life discussions; to achieve career mapping/succession, educational & financial literacy, racial & social justice trauma intervention, community leadership, volunteerism, etc.; thus resulting in improved behavior, life-skills, and community-building, reflected via report cards, family interviews, and staff/volunteer observations.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $733,361

Program Service Revenue $1,142

Investment Income $406

Other Revenue $0

TOTAL REVENUE $734,909

Expense Breakdown

Grants Paid $0

Salaries & Benefits $284,483

Fundraising Expenses $31,324

Program Expenses $632,479

Other Expenses $441,835

TOTAL EXPENSES $726,318

Year-over-Year Comparison

	2023	2022	Change
Revenue	$734,909	$520,689	+0.4%
Expenses	$726,318	$577,170	+0.3%
Net Income	$8,591	$-56,481	-1.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$139,683

Total Directors