THE LIFE OF A SINGLE MOM (EIN 453478448) - 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

JENNIFER MAGGIO

Phone

2253418055

Tax Period

2023-01-01 to 2023-12-31

THE LIFE OF A SINGLE MOM, founded in 2011, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO IMPROVE THE LIVES OF SINGLE MOTHERS BY PROVIDING SUPPORT GROUPS AND EDUCATION IN 3 CORE AREAS: PARENTING, FINANCES, AND HEALTH & WELLNESS.

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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 $1,308,381

Program Service Revenue $23,482

Investment Income $5,706

Other Revenue $95,602

TOTAL REVENUE $1,433,171

Expense Breakdown

Grants Paid $875,553

Salaries & Benefits $456,431

Fundraising Expenses $26,880

Program Expenses $1,490,591

Other Expenses $297,232

TOTAL EXPENSES $1,629,216

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,433,171	$1,447,491	0.0%
Expenses	$1,629,216	$1,373,801	+0.2%
Net Income	$-196,045	$73,690	-3.7%

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

Volunteers

2502

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

$90,693

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
D'WANA CHILES	PRESIDENT	2.00	Officer Director	$0	$0	$0
KIMBERLY WIGGLESWORTH	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
RAY PANQUERNE	TREASURER	2.00	Officer Director	$0	$0	$0
JOANIE MONTELARO	SECRETARY	2.00	Officer Director	$0	$0	$0
TIFFANY DUPREE	BOARD MEMBER	2.00	Director	$0	$0	$0
EDY KOONCE	BOARD MEMBER	2.00	Director	$0	$0	$0
DEBBIE SPANO	BOARD MEMBER	2.00	Director	$0	$0	$0
ROBIN RHODES	BOARD MEMBER	2.00	Director	$0	$0	$0
SANDY WHITEHEAD	BOARD MEMBER	2.00	Director	$0	$0	$0
JENNIFER MAGGIO	CEO	40.00	Officer	$83,660	$7,033	$90,693

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	$1,433,171	$1,629,216	$321,607	$-196,045
2022	$1,447,491	$1,373,801	$575,548	$73,690
2021	$794,850	$834,379	$445,925	$-39,529
2020	$914,524	$717,318	$484,893	$197,206
2019	$732,644	$656,385	$289,641	$76,259
2018	$512,685	$500,992	$210,756	$11,693

THE LIFE OF A SINGLE MOM