Family Legacy Foundation

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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

Legal Domicile

Principal Officer

Taneesha Rolland

Phone

7733411530

Tax Period

2024-08-01 to 2025-07-31

Family Legacy Foundation is a small nonprofit in the Education sector that reported $784K in total revenue in fiscal year 2024.

Mission

To break the cycle of poverty through education

Program Service Accomplishments

Program 1

Expenses: $724,103

Serving low income and potential college students with completing college applications and financial aid forms.

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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 (2024)

Revenue Breakdown

Contributions & Grants $783,881

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $783,881

Expense Breakdown

Grants Paid $0

Salaries & Benefits $441,680

Fundraising Expenses $0

Program Expenses $724,103

Other Expenses $341,300

TOTAL EXPENSES $782,980

Year-over-Year Comparison

	2024	2023	Change
Revenue	$783,881	$744,515	+0.1%
Expenses	$782,980	$690,375	+0.1%
Net Income	$901	$54,140	-1.0%

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

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	Role	Reportable Comp	Other Comp	Total
CARLETON ROLLAND	President	Officer Director	$0	$0	$0
CHERYL CROZIER	Member	Director	$0	$0	$0
DEBRA FOUNTAIN-ELLIS	Member	Director	$0	$0	$0
TANEESHA ROLLAND	Executive Director	Key Emp	$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
2025	$783,881	$782,980	$107,085	$901
2024	$744,513	$690,376	$185,743	$54,137
2023	$1,037,674	$1,147,240	$127,378	$-109,566
2022	$731,400	$698,779	$231,444	$32,621
2021	$822,952	$678,167	$259,300	$144,785
2020	$582,197	$567,436	$103,862	$14,761
2019	$386,858	$400,727	$56,839	$-13,869