CHANCE CLIFTON LIVE BIG FOUNDATION

🔒

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

Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

THOMAS YEAKLEY

Phone

8175868658

Tax Period

2023-01-01 to 2023-12-31

CHANCE CLIFTON LIVE BIG FOUNDATION, founded in 2014, is a small nonprofit in the Education sector that reported $292K in total revenue in fiscal year 2023. Revenue surged 4842% from the prior year, signaling strong growth momentum. The organization ran a surplus of $255K, a strong 88% operating margin.

Mission

THE CHANCE CLIFTON LIVE BIG FOUNDATION (LIVE BIG) OFFERS FINANCIAL ASSISTANCE AND OTHER RESOURCES (INLCUDING COUNSELING) TO HELP FAMILIES COPE DURING THE MOST DIFFICULT TIME OF THEIR LIVES. LIVE BIG'S FINANCIAL SUPPORT IS AN ESSENTIAL LIFELINE FOR FAMILIES DEALING WITH TRAGIC LOSS, HELPING TO EASE THE FINANCIAL BURDEN DURING THIS IMPOSSIBLY DIFFICULT TIME. LIVE BIG ALSO PROVIDES 3 SCHOLARSHIPS TO DESERVING HIGH SCHOOL STUDENTS IN MEMORY OF CHANCE CLIFTON.

Program Service Accomplishments

Program 1

Expenses: $21,705

LIVE BIG PROVIDES FINANICAL ASSISTANCE TO FAMILIES THAT HAVE SUFFERED A TRAGIC LOSS. THIS EXPENSE INCLUDES FUNERAL EXPENSES, TRAVEL EXPENSES INCURRED WHILE TREATING A MEDICAL EVENT (CANCER), MORTGAGE...

Program 2

Expenses: $7,500

LIVE BIG SUPPORTS 3 SCHOLARSHIPS TO HIGH SCHOOL STUDENTS. 1) THE CHANCE CLIFTON LIVE BIG SCHOLARSHIP ($1,000) TO THE OUTSTANDING FOOTBALL PLAYER AT BIRDVILLE HIGH SCHOOL, NORTH RICHLAND HILLS, TEXAS. 2) CHAROLAIS ASSOCIATION OF TEXAS ($1,000) TO THE OUTSTANDING CHAROLAIS (CATTLE) HIGH SCHOOL SCHOLAR IN TEXAS. 3) AMERICAN INTERNATIONAL JUNIOR CHAROLAIS ASSOCIATION ($5,000) TO THE OUTSTANDING CHAROLAIS HIGH SCHOOL SCHOLAR IN THE NATION.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $205,421

Program Service Revenue $0

Investment Income $0

Other Revenue $86,131

TOTAL REVENUE $291,552

Expense Breakdown

Grants Paid $28,404

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $29,205

Other Expenses $7,818

TOTAL EXPENSES $36,222

Year-over-Year Comparison

	2023	2022	Change
Revenue	$291,552	$5,899	+48.4%
Expenses	$36,222	$21,965	+0.6%
Net Income	$255,330	$-16,066	-16.9%

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

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
D GREG CLIFTON	PRESIDENT	10.00	Officer Director	$0	$0	$0
ELIZABETH ETHEREDGE	VICE PRESIDENT	10.00	Officer Director	$0	$0	$0
SUSAN SORRELLS	SECRETARY	10.00	Officer Director	$0	$0	$0
TOM YEAKLEY	TREASURER	10.00	Officer Director	$0	$0	$0
DOAK LAMBERT	DIRECTOR	5.00	Director	$0	$0	$0
JASON WELLS	DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$291,552	$36,222	$333,855	$255,330