EDWINS SECOND CHANCE LIFE SKILLS CENTER (EIN 473602516) - 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

Principal Officer

BRANDON CHROSTOWSKI

Phone

2169213333

Tax Period

2023-08-01 to 2024-07-31

EDWINS SECOND CHANCE LIFE SKILLS CENTER, founded in 2015, is a small nonprofit in the Education sector that reported $342K in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $415K exceeded revenue, resulting in a 21% operating deficit.

Mission

EDWINS SECOND CHANCE LIFE SKILLS CENTER IS A LIFE SKILLS CENTER. ITS CURRICULUM FOCUSES ON OFFERING COMPREHENSIVE EDUCATION AND LIFE-SKILLS SUPPORT SERVICES FOR PEOPLE WITH CRIMINAL RECORDS.

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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 $264,150

Program Service Revenue $77,909

Investment Income $0

Other Revenue $0

TOTAL REVENUE $342,059

Expense Breakdown

Grants Paid $54,000

Salaries & Benefits $48,749

Fundraising Expenses $9,759

Program Expenses $387,563

Other Expenses $312,455

TOTAL EXPENSES $415,204

Year-over-Year Comparison

	2023	2022	Change
Revenue	$342,059	$268,851	+0.3%
Expenses	$415,204	$327,671	+0.3%
Net Income	$-73,145	$-58,820	+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

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

$193,996

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW FIELDMAN	CHAIR	2.00	Officer Director	$0	$0	$0
JEREMY SHORR	DIRECTOR	2.00	Director	$0	$0	$0
BRANDON CHROSTOWSKI	PRE., SECRETARY & TREASURE	25.00	Officer	$19,654	$0	$193,996

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	$342,059	$415,204	$1,120,888	$-73,145
2023	$268,851	$327,671	$1,189,040	$-58,820
2022	$328,102	$288,540	$1,330,934	$39,562
2021	$389,458	$212,933	$1,197,215	$176,525
2020	$188,409	$194,460	$1,123,694	$-6,051
2020	$188,409	$194,460	$1,123,694	$-6,051
2019	$141,645	$252,791	$941,590	$-111,146
2018	$82,804	$218,324	$1,041,418	$-135,520

EDWINS SECOND CHANCE LIFE SKILLS CENTER