SOLUTIONS FOR CHANGE INC (EIN 330902617) - 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

1999

Legal Domicile

Principal Officer

CHRIS MEGISON

Phone

7609416545

Tax Period

2023-01-01 to 2023-12-31

SOLUTIONS FOR CHANGE INC, founded in 1999, is a community nonprofit in the Human Services sector that reported $4.0M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $4.4M exceeded revenue, resulting in a 11% operating deficit.

Mission

To solve family homelessness, one family, one community at a time.

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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 $3,065,325

Program Service Revenue $1,139,959

Investment Income $126,388

Other Revenue $-323,450

TOTAL REVENUE $4,008,222

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,693,402

Fundraising Expenses $132,895

Program Expenses $3,942,534

Other Expenses $2,736,411

TOTAL EXPENSES $4,429,813

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,008,222	$5,226,202	-0.2%
Expenses	$4,429,813	$4,993,199	-0.1%
Net Income	$-421,591	$233,003	-2.8%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

625

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

$191,596

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS MEGISON	President & CEO	40.00	Officer	$191,596	$0	$191,596
DENNIS BONE	Executive VP	40.00		$109,787	$0	$109,787
MIKE KENNEDY	Director	1.00	Director	$0	$0	$0
MARK T EALY CFP CPA	Director	1.00	Director	$0	$0	$0
CHRIS CHEN	Director	1.00	Director	$0	$0	$0
GLORIA FOOTE	Director	1.00	Director	$0	$0	$0
LEANNE ABRAHAM	CHAIRWOMAN	1.00	Officer Director	$0	$0	$0
DAWN CUNEEN BOOTH	Director	1.00	Director	$0	$0	$0
JACK LANDERS	Treasurer	1.00	Officer Director	$0	$0	$0
JOHN CONRAD	Director	1.00	Director	$0	$0	$0
BRET SCHANZENBACH	Secretary	1.00	Officer Director	$0	$0	$0
STEVEN OGUS	Director	1.00	Director	$0	$0	$0
TOBY WIIK	Director	1.00	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
2024	No data	No data	No data	No data
2023	$4,008,222	$4,429,813	$10,392,209	$-421,591
2023	$3,787,079	$6,355,258	$8,355,684	$-2,568,179
2022	$5,226,202	$4,993,199	$11,521,449	$233,003
2021	$4,496,637	$4,687,362	$11,073,886	$-190,725
2020	$3,571,397	$4,359,427	$13,355,941	$-788,030
2019	$2,727,022	$3,864,149	$14,038,029	$-1,137,127
2018	$4,354,206	$3,587,546	$14,206,930	$766,660

SOLUTIONS FOR CHANGE INC