GreatLife Cares Foundation (EIN 472447820) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Phone

6052750999

Tax Period

2024-01-01 to 2024-12-31

GreatLife Cares Foundation, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $260K in total revenue in fiscal year 2020. Revenue surged 217% from the prior year, signaling strong growth momentum. The organization ran a surplus of $79K, a strong 30% operating margin.

Mission

The Focus of GreatLife Cares Foundation is:To enrich the lives of families and individuals through golf, fitness and healthy lifestyles.To Help develop values, character and leadership qualities in mentoring relationships through involvement in golf, fitness and athletics.To provide programs and education on golf, fitness, nutrition and healthy lifestyles.To make a difference in people's lives, especially those of children.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $299,892

Program Service Revenue $15,950

Investment Income $0

Other Revenue $0

TOTAL REVENUE $315,842

Expense Breakdown

Grants Paid $184,450

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $274,206

Other Expenses $89,756

TOTAL EXPENSES $274,206

Year-over-Year Comparison

	2024	2023	Change
Revenue	$315,842	$253,975	+0.2%
Expenses	$274,206	$219,897	+0.2%
Net Income	$41,636	$34,078	+0.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Molly Walsh Christenson	Secretary	1.00	Officer Director	$0	$0	$0
Brad Hansen	Treasurer	1.00	Officer Director	$0	$0	$0
Nick Ovenden	Vice President	1.00	Officer Director	$0	$0	$0
Thomas P Walsh SR	Director	1.00	Director	$0	$0	$0
Thomas P Walsh Jr	President	1.00	Officer Director	$0	$0	$0
Becky Newell	Officer	1.00	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
2024	$315,842	$274,206	$187,323	$41,636
2023	$253,975	$219,897	$143,251	$34,078
2022	$214,460	$228,205	$109,173	$-13,745
2021	$248,500	$194,542	$122,918	$53,958
2020	$259,870	$181,156	$95,529	$78,714

GreatLife Cares Foundation