The Foundation For Better Life Inc (EIN 452562542) - 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

Jalal Sultan

Phone

4044089899

Tax Period

2024-01-01 to 2024-12-31

The Foundation For Better Life Inc, founded in 2011, is a small nonprofit in the Education sector that reported $455K in total revenue in fiscal year 2024. Revenue surged 60% from the prior year, signaling strong growth momentum. Expenses of $519K exceeded revenue, resulting in a 14% operating deficit.

Mission

Provide training and education to alleviate poverty and enhance household income.

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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 (2024)

Revenue Breakdown

Contributions & Grants $432,059

Program Service Revenue $0

Investment Income $23,302

Other Revenue $0

TOTAL REVENUE $455,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $518,062

Other Expenses $1,305

TOTAL EXPENSES $519,367

Year-over-Year Comparison

	2024	2023	Change
Revenue	$455,361	$284,825	+0.6%
Expenses	$519,367	$303,476	+0.7%
Net Income	$-64,006	$-18,651	+2.4%

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
Jalal Sultan	2609 Shallowford Rd	20.00	Officer Director	$0	$0	$0
Ebrahim Jessani	286 Molly Ct. Lilburn, GA 30047	8.00	Director	$0	$0	$0
Sikander Khoja	1332 Kingston Trl., Decatur, GA 30032	8.00	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	$455,361	$519,367	$774,859	$-64,006
2023	$284,825	$303,476	$838,865	$-18,651
2022	$378,037	$200,256	$857,516	$177,781
2021	$361,031	$267,540	$679,735	$93,491

The Foundation For Better Life Inc