THE CENTER FOR LIFE ENRICHMENT INC (EIN 520799313) - 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

1962

Legal Domicile

Principal Officer

PEGGY JARBOE

Phone

3013738100

Tax Period

2024-07-01 to 2025-06-30

THE CENTER FOR LIFE ENRICHMENT INC, founded in 1962, is a community nonprofit that reported $7.7M in total revenue in fiscal year 2024. Expenses of $6.6M left a modest 14% surplus.

Mission

TO PROVIDE PROGRAMS AND SUPPORT SERVICES THAT WILL INCREASE THE VOCATIONAL AND PERSONAL POTENTIAL OF INDIVIDUALS WITH DISABILITIES.

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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 $1,251,660

Program Service Revenue $6,180,741

Investment Income $206,942

Other Revenue $79,251

TOTAL REVENUE $7,718,594

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,101,799

Fundraising Expenses $5,944

Program Expenses $5,788,551

Other Expenses $1,533,807

TOTAL EXPENSES $6,635,606

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,718,594	$7,275,193	+0.1%
Expenses	$6,635,606	$5,900,593	+0.1%
Net Income	$1,082,988	$1,374,600	-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

150

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

$193,004

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PEGGY JARBOE	PRESIDENT	5.00	Officer Director	$0	$0	$0
JULIE MORGAN	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
TOM BRIEN	MEMBER	5.00	Director	$0	$0	$0
SUE CHAPPELEAR	SECRETARY	5.00	Officer Director	$0	$0	$0
MARCIA BALD	MEMBER	5.00	Director	$0	$0	$0
DEBBIE DAVIS	MEMBER	5.00	Director	$0	$0	$0
ELIZABETH HALVOSA	TREASURER	5.00	Officer Director	$0	$0	$0
NANCY BELLERE	FINANCE MANAGER	40.00	Officer	$71,817	$11,684	$83,501
RANDALL FERGUSON	EXECUTIVE DIRECTOR	40.00	Officer	$106,179	$3,324	$109,503

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	$7,718,594	$6,635,606	$11,184,151	$1,082,988
2024	$7,275,193	$5,900,593	$10,410,675	$1,374,600
2023	$5,866,553	$5,194,157	$11,430,171	$672,396
2022	$5,843,837	$4,827,970	$9,603,793	$1,015,867
2021	$5,600,366	$4,446,824	$7,942,361	$1,153,542
2020	$6,433,226	$6,495,113	$6,831,659	$-61,887
2019	$6,734,164	$6,809,934	$5,921,046	$-75,770
2018	$6,903,818	$6,655,275	$5,698,149	$248,543

THE CENTER FOR LIFE ENRICHMENT INC