Time For Change Foundation (EIN 522405277) - 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

2004

Legal Domicile

Principal Officer

Kimberly Carter

Phone

9098862994

Tax Period

2024-07-01 to 2025-06-30

Time For Change Foundation, founded in 2004, is a community nonprofit in the Unknown sector that reported $6.3M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $1.9M, a strong 30% operating margin.

Mission

Housing, Counseling, and business development training for low income communities.

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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 $6,074,424

Program Service Revenue $50,400

Investment Income $109,761

Other Revenue $43,750

TOTAL REVENUE $6,278,335

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,651,285

Fundraising Expenses $37,527

Program Expenses $3,403,912

Other Expenses $2,755,366

TOTAL EXPENSES $4,406,651

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,278,335	$5,322,783	+0.2%
Expenses	$4,406,651	$4,653,853	-0.1%
Net Income	$1,871,684	$668,930	+1.8%

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

$317,126

Total Directors

$202,831

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kimberly Carter	Founder/Ambassador	40.00	Officer Director	$193,311	$9,520	$202,831
Keisha Murphy RN	Secretary	4.00	Officer Director	$0	$0	$0
Veronica Robledo MAOL	Board Member	4.00	Officer Director	$0	$0	$0
Elvia J Rodriguez	Board Member	4.00	Director	$0	$0	$0
James Calderilla	Board Member	4.00	Director	$0	$0	$0
Benjamin Shuler	Board Member	4.00	Director	$0	$0	$0
Julie Janesin	Board Member	4.00	Director	$0	$0	$0
Vanessa Perez	Executive Director	40.00	Officer	$114,295	$0	$114,295

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	$6,278,335	$4,406,651	$20,512,745	$1,871,684
2024	$5,322,783	$4,653,853	$18,748,935	$668,930
2023	$8,955,130	$3,940,298	$17,957,221	$5,014,832
2022	$6,249,295	$3,232,135	$15,179,119	$3,017,160
2021	$9,881,340	$2,984,644	$11,959,077	$6,896,696
2020	$3,234,866	$2,292,644	$5,053,156	$942,222
2019	$2,477,564	$1,858,319	$3,804,683	$619,245

Time For Change Foundation