THE CENTER FOR FINANCIAL INDEPENDENCE AND INNOVATI (EIN 450569375) - 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

2007

Legal Domicile

Tax Period

2022-10-01 to 2023-09-30

THE CENTER FOR FINANCIAL INDEPENDENCE AND INNOVATI, founded in 2007, is a micro nonprofit that reported $2 in total revenue in fiscal year 2022. Revenue fell 100% from the prior year — a significant decline worth monitoring. Expenses of $521K exceeded revenue, resulting in a 26031450% operating deficit.

Mission

THE ORGANIZATION IS DEDICATED TO HELPING INDIVIDUALS WITH DISABILITIES AND THEIR FAMILY MEMBERS ADVANCE THEIR FINANCIAL INDEPENDENCE AND SECURITY THROUGH STRATEGIC PARTNERSHIPS AND PROGRAMS DESIGNED TO IMPROVE THE FINANCIAL SELF SUFFICIENCY OF GEORGIANS WITH DISABILITIES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $2

Other Revenue $0

TOTAL REVENUE $2

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $513,731

Other Expenses $520,631

TOTAL EXPENSES $520,631

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2	$45,272	-1.0%
Expenses	$520,631	$22,918	+21.7%
Net Income	$-520,629	$22,354	-24.3%

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

N/A

Volunteers

N/A

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
SALLY ATWELL	SECRETARY	50.00	Officer	$0	$0	$0
WALT BRYDE	TREASURER	50.00	Officer	$0	$0	$0
TYLER WATSON	BOARD MEMBER	50.00	Officer	$0	$0	$0
MIKE GALIFIANKIS	BOARD CHAIR	100.00	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
2023	$2	$520,631	No data	$-520,629
2022	$45,272	$22,918	$1,035,793	$22,354
2021	$98,636	$29,676	$1,013,439	$68,960
2020	$39,387	$66,413	$944,479	$-27,026
2019	$342,093	$248,809	$862,097	$93,284
2018	$342,411	$55,008	$884,750	$287,403

THE CENTER FOR FINANCIAL INDEPENDENCE AND INNOVATI