PEOPLE FOR A BETTER LIFE

EIN: 455539059 501(c)(3) Health Care

DEARBORN HEIGHTS, MI

Total Revenue
$61,225
Total Expenses
$59,475
Total Assets
$87,588
Net Assets
$67,740
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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
2012
Legal Domicile
MI
Principal Officer
NIDHAL GARMO
Phone
2487907848
Tax Period
2023-01-01 to 2023-12-31

PEOPLE FOR A BETTER LIFE, founded in 2012, is a micro nonprofit in the Health Care sector that reported $61K in total revenue in fiscal year 2023. Revenue surged 277% from the prior year, signaling strong growth momentum.

Mission

ONE WORLD MEDICAL MISSION IS AN ORGANIZATION DEVELOPED TO HELP THOSE WHO ARE IN NEED OF MEDICAL ATTENTION DUE TO THE WAR, BUT CAN'T AFFORD TO LIVE AND PEOPLE IN POVERTY IN GENERAL

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $61,225
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $61,225

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $59,475
Other Expenses $59,475
TOTAL EXPENSES $59,475

Year-over-Year Comparison

2023 2022 Change
Revenue $61,225 $16,231 +2.8%
Expenses $59,475 $19,473 +2.1%
Net Income $1,750 $-3,242 -1.5%
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

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Governance

Voting Members
5
Independent Members
5
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NIDHAL GARMO OFFICER N/A
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 $61,225 $59,475 $87,588 $1,750
2022 $16,231 $19,473 $85,836 $-3,242
2021 $31,779 $30,280 $89,078 $1,499
2020 $56,783 $42,940 $87,579 $13,843
2019 $73,333 $35,045 $73,736 $38,288
2018 $73,616 $89,284 $35,448 $-15,668
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