BETTER FAMILY LIFE INC (EIN 431346617) - 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

1984

Legal Domicile

Principal Officer

LATONYA JACKSON

Phone

3143673440

Tax Period

2023-01-01 to 2023-12-31

BETTER FAMILY LIFE INC, founded in 1984, is a community nonprofit in the Community Improvement sector that reported $7.2M in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $8.7M exceeded revenue, resulting in a 20% operating deficit.

Mission

COMMUNITY SERVICE ASSISTANCE TO RESIDENTS OF THE ST. LOUIS METROPOLITAN AREA, PROMOTING INNER CITY LIVING AND ENCOURAGE THE COMMUNITY INVOLVEMENT AND DEVELOPMENTS OF YOUTHS.

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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 $7,416,453

Program Service Revenue $46,617

Investment Income $21,255

Other Revenue $-240,747

TOTAL REVENUE $7,243,578

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,560,574

Fundraising Expenses $0

Program Expenses $7,270,849

Other Expenses $3,164,464

TOTAL EXPENSES $8,725,038

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,243,578	$8,547,445	-0.2%
Expenses	$8,725,038	$8,269,662	+0.1%
Net Income	$-1,481,460	$277,783	-6.3%

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

150

Volunteers

293

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

$133,711

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CARMEN DENCE	BOARD MEMBER	2.00	Director	$0	$0	$0
AARON ROBINSON	BOARD MEMBER	2.00	Director	$0	$0	$0
MALAIKA HORNE	BOARD MEMBER	2.00	Director	$0	$0	$0
CLYDE CRUMPTON	BOARD MEMBER	2.00	Director	$0	$0	$0
BRANDON BLAKE	BOARD MEMBER	2.00	Director	$0	$0	$0
KENDREC ENGLAND	BOARD MEMBER	2.00	Director	$0	$0	$0
MARK JACKSON	BOARD MEMBER	2.00	Director	$0	$0	$0
WAYNE HARVEY	BOARD MEMBER	2.00	Director	$0	$0	$0
VERNESSA STREATER	BOARD MEMBER	2.00	Director	$0	$0	$0
LATONYA JACKSON	TREASURER/FINANCE COMMITTE	2.00	Officer Director	$0	$0	$0
WALLE AMUSA	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ALEX FENNOY	BOARD CHAIR	2.00	Officer Director	$0	$0	$0
DARRYL GRIMES	CEO/PRESIDENT	50.00	Officer	$117,249	$16,462	$133,711

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	$7,243,578	$8,725,038	$12,451,584	$-1,481,460
2022	$8,547,445	$8,269,662	$14,092,199	$277,783
2021	$8,576,793	$8,247,231	$13,300,452	$329,562
2020	$8,554,911	$9,209,674	$13,163,971	$-654,763
2019	$14,071,631	$9,786,005	$13,758,401	$4,285,626
2018	$8,954,237	$9,497,673	$20,470,359	$-543,436

BETTER FAMILY LIFE INC