FOUNDATION FOR THE LIVELINESS OF CHILDREN

EIN: 452671557 501(c)(3) Education

LOUISVILLE, KY

Total Revenue
$188,459
Total Expenses
$186,888
Total Assets
$47,911
Net Assets
$47,911
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
KY
Principal Officer
MOLLY A CANNON
Phone
5027442801
Tax Period
2024-01-01 to 2024-12-31

FOUNDATION FOR THE LIVELINESS OF CHILDREN, founded in 2011, is a small nonprofit in the Education sector that reported $188K in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

OPERATION OF AN EARLY CHILDCARE CENTER

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $45,650
Program Service Revenue $142,809
Investment Income $0
Other Revenue $0
TOTAL REVENUE $188,459

Expense Breakdown

Grants Paid $0
Salaries & Benefits $118,033
Fundraising Expenses $0
Program Expenses $172,227
Other Expenses $68,855
TOTAL EXPENSES $186,888

Year-over-Year Comparison

2024 2023 Change
Revenue $188,459 $273,594 -0.3%
Expenses $186,888 $229,548 -0.2%
Net Income $1,571 $44,046 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
22
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
3
$42,875
Total Directors
3
$42,875
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOLLY A CANNON PRESIDENT AND DIRECTOR OF 60.00
Officer Director
$42,875 $0 $42,875
KATE CANNON SECRETARY 1.00
Officer Director
$0 $0 $0
ELIZABETH BINGHAM TREASURER 6.00
Officer 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 $188,459 $186,888 $47,911 $1,571
2023 $273,594 $229,548 $46,340 $44,046
2022 $253,153 $260,074 $8,530 $-6,921
2021 $320,188 $274,882 $16,686 $45,306
Explore More Nonprofits
→Top 100 Nonprofits in Kentucky →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare FOUNDATION FOR THE LIVELINESS OF CHILDREN with other nonprofits in Kentucky and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.