CHALLENGERS INDEPENDENT LIVING INC (EIN 522021792) - 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

1997

Legal Domicile

Principal Officer

WALTER MCNEIL

Phone

4104963021

Tax Period

2024-07-01 to 2025-06-30

CHALLENGERS INDEPENDENT LIVING INC, founded in 1997, is a community nonprofit in the Human Services sector that reported $3.9M in total revenue in fiscal year 2024. Revenue surged 35% from the prior year, signaling strong growth momentum. Expenses of $3.3M left a modest 14% surplus.

Mission

RESIDENTIAL CARE FOR CHILDREN

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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 $3,880,651

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $3,880,651

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,911,730

Fundraising Expenses $0

Program Expenses $3,109,787

Other Expenses $1,408,668

TOTAL EXPENSES $3,320,398

Year-over-Year Comparison

	2024	2023	Change
Revenue	$3,880,651	$2,864,398	+0.4%
Expenses	$3,320,398	$2,955,464	+0.1%
Net Income	$560,253	$-91,066	-7.2%

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

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

$226,733

Total Directors

Key Employees

$95,444

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WALTER MCNEIL	CEO	40.00	Officer	$226,733	$0	$226,733
TONYA MCNEIL	FISCAL SPECIALIST	40.00	Key Emp	$95,444	$0	$95,444
ERIC DAVIS	PRESIDENT	4.00	Director	$0	$0	$0
DARREN PURNELL	VICE PRESIDENT	3.00	Director	$0	$0	$0
VONNEL BAILEY	MEMBER	3.00	Director	$0	$0	$0
CLARENCE LEWIS	MEMBER	3.00	Director	$0	$0	$0
DONNELL PRATT	MEMBER	3.00	Director	$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	$3,880,651	$3,320,398	$3,001,401	$560,253
2024	$2,864,398	$2,955,464	$2,453,877	$-91,066
2023	$2,800,046	$2,894,225	$1,483,180	$-94,179
2022	$3,237,760	$2,651,788	$2,194,275	$585,972
2021	$3,056,772	$2,583,431	$1,641,890	$473,341

CHALLENGERS INDEPENDENT LIVING INC