Changing Lives Academy Inc (EIN 473374436) - 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

2015

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Changing Lives Academy Inc, founded in 2015, is a small nonprofit in the Education sector that reported $781K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

To develop academic excellence and principles to bestow their God-Given gifts, in order to be upstanding Assets to their community. And to transform the nations with the education of jesus christ.

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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 $774,962

Program Service Revenue $0

Investment Income $0

Other Revenue $5,767

TOTAL REVENUE $780,729

Expense Breakdown

Grants Paid $0

Salaries & Benefits $456,058

Fundraising Expenses $0

Program Expenses $710,100

Other Expenses $339,848

TOTAL EXPENSES $795,906

Year-over-Year Comparison

	2023	2022	Change
Revenue	$780,729	$684,916	+0.1%
Expenses	$795,906	$787,938	+0.0%
Net Income	$-15,177	$-103,022	-0.9%

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

N/A

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

$60,937

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jipsy Reyes	President	40.00	Officer	$42,206	$0	$42,206
Natalia Perez	Treasurer	40.00	Officer	$18,731	$0	$18,731
Saydeez G Reyes	Secretary	40.00	Officer	$0	$0	$0
Wilfredo Reyes	Vice President	40.00	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	No data	No data	No data	No data
2023	$780,729	$795,906	$84,239	$-15,177
2021	$645,036	$624,052	$80,789	$20,984
2020	$609,805	$646,741	$7,651	$-36,936

Changing Lives Academy Inc