SPRINGS OF LIFE FOUNDATION (EIN 464828906) - 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

2014

Legal Domicile

Principal Officer

CLIFF BRANAM

Phone

4238711544

Tax Period

2023-01-01 to 2023-12-31

SPRINGS OF LIFE FOUNDATION, founded in 2014, is a small nonprofit in the Public & Societal Benefit sector that reported $371K in total revenue in fiscal year 2023. Revenue decreased 8% compared to the prior year.

Mission

TO HELP LEAD MEN WHO HAVE BEEN CAPTURED BY ADDICTION OR OTHER LIFE CONTROLLING ISSUES TO FREEDOM THROUGH A CHRIST CENTERED DISCIPLESHIP PROGRAM IN A RESIDENTIAL REHABILITATION SETTING.

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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 $186,788

Program Service Revenue $126,808

Investment Income $21

Other Revenue $57,299

TOTAL REVENUE $370,916

Expense Breakdown

Grants Paid $0

Salaries & Benefits $177,568

Fundraising Expenses $0

Program Expenses $357,181

Other Expenses $224,928

TOTAL EXPENSES $402,496

Year-over-Year Comparison

	2023	2022	Change
Revenue	$370,916	$402,666	-0.1%
Expenses	$402,496	$410,592	0.0%
Net Income	$-31,580	$-7,926	+3.0%

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

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

$56,400

Total Directors

$56,400

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLIFF BRANAM	VICE PRESIDENT	50.00	Officer Director	$56,400	$0	$56,400
ALLEN MCCLARY	SECRETARY AND TREASURER	1.00	Officer Director	$0	$0	$0
DEREK BROWN	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL WALDEN	BOARD MEMBER	1.00	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	$370,916	$402,496	$346,263	$-31,580
2022	$402,666	$410,592	$377,843	$-7,926
2021	$522,763	$350,654	$386,905	$172,109
2020	$339,463	$225,027	$210,194	$114,436
2019	$233,748	$167,525	$98,857	$66,223

SPRINGS OF LIFE FOUNDATION