Chance For Change Inc (EIN 452430783) - 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

2011

Legal Domicile

Principal Officer

Jan Eckhard

Phone

9733381413

Tax Period

2025-01-01 to 2025-12-31

Chance For Change Inc, founded in 2011, is a micro nonprofit in the Education sector that reported $38K in total revenue in fiscal year 2025. Revenue fell 31% from the prior year — a significant decline worth monitoring. Expenses of $44K exceeded revenue, resulting in a 14% operating deficit.

Mission

To supply financial aid for tuition ,books & supplies for the higher education of young women in Burkina Faso which is not only one of the poorest countries in the world but also ranks last in adult female literacy.

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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 (2025)

Revenue Breakdown

Contributions & Grants $36,821

Program Service Revenue $0

Investment Income $1,581

Other Revenue $0

TOTAL REVENUE $38,402

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $42,489

Other Expenses $43,588

TOTAL EXPENSES $43,588

Year-over-Year Comparison

	2025	2024	Change
Revenue	$38,402	$55,487	-0.3%
Expenses	$43,588	$53,245	-0.2%
Net Income	$-5,186	$2,242	-3.3%

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

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
Fred Eckhard	Presi Emeritus	10.00	Officer	$0	$0	$0
Jan Eckhard	Vice President	3.00	Officer	$0	$0	$0
Nora Updegrove	Vice President	2.00	Officer	$0	$0	$0
Barbara Crossette	Member	1.00	Officer	$0	$0	$0
Nancy Kovacic	Admin Coordinat	2.00	Officer	$0	$0	$0
Erin McCreary	Secretary	2.00	Officer	$0	$0	$0
Susan De Souza	President	2.00	Officer	$0	$0	$0
Hanafi Hadjeres	Member	1.00	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	$38,402	$43,588	$40,137	$-5,186
2024	No data	No data	No data	No data
2023	$33,578	$36,668	$43,081	$-3,090
2022	$34,434	$34,317	$45,265	$117
2021	$35,319	$36,483	$45,148	$-1,164
2020	$33,715	$22,537	$46,312	$11,178
2019	$26,211	$809	$35,134	$25,402
2018	$28,324	$36,664	$9,732	$-8,340

Chance For Change Inc