CHARLOTTESVILLE ABUNDANT LIFE MINISTRIES (EIN 541858588) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1997

Legal Domicile

Principal Officer

EDDIE HOWARD

Phone

4349897253

Tax Period

2024-01-01 to 2024-12-31

CHARLOTTESVILLE ABUNDANT LIFE MINISTRIES INC, founded in 1997, is a small nonprofit in the Human Services sector that reported $663K in total revenue in fiscal year 2018. Revenue surged 46% from the prior year, signaling strong growth momentum. The organization ran a surplus of $197K, a strong 30% operating margin.

Mission

PROVIDE SOCIAL, EDUCATION, AND RELIGIOUS PROGRAMS TO RESIDENTS OF THE FIFEVILLE NEIGHBORHOOD.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $507,153

Program Service Revenue $117,620

Investment Income $776

Other Revenue $4,149

TOTAL REVENUE $629,698

Expense Breakdown

Grants Paid $0

Salaries & Benefits $482,994

Fundraising Expenses $75,516

Program Expenses $508,775

Other Expenses $199,256

TOTAL EXPENSES $682,250

Year-over-Year Comparison

	2024	2023	Change
Revenue	$629,698	$496,547	+0.3%
Expenses	$682,250	$535,486	+0.3%
Net Income	$-52,552	$-38,939	+0.3%

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

175

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

$87,969

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RACHEL SCHNORR	CHAIR	22.25	Officer Director	$0	$0	$0
KRISTINE NELSON	TREASURER	6.00	Officer Director	$0	$0	$0
GWEN FERGUSON	SECRETARY	2.00	Officer Director	$0	$0	$0
SANDRA JOHNSON	DIRECTOR	2.50	Director	$0	$0	$0
KATE GOODALL	DIRECTOR	2.50	Director	$0	$0	$0
DORENDA JOHNSON	DIRECTOR	2.00	Director	$0	$0	$0
BETHANY CRAWLEY	DIRECTOR	6.67	Director	$0	$0	$0
TIM JONES	DIRECTOR	6.00	Director	$0	$0	$0
JOHN FLANNERY	DIRECTOR	6.00	Director	$0	$0	$0
BOB CONNER	DIRECTOR	5.00	Director	$0	$0	$0
COLIN ANDERSON	DIRECTOR	4.17	Director	$0	$0	$0
MICHAEL GUTHRIE	DIRECTOR	5.83	Director	$0	$0	$0
SARAH KELLY	DIRECTOR	2.00	Director	$0	$0	$0
JACKIE MARTIN	DIRECTOR	2.75	Director	$0	$0	$0
EDDIE HOWARD	EXECUTIVE DIRECTOR	40.00	Director	$85,589	$2,380	$87,969

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	$629,698	$682,250	$825,596	$-52,552
2023	$496,547	$535,486	$855,324	$-38,939
2022	$549,573	$602,074	$912,793	$-52,501
2022	$551,590	$583,608	$910,903	$-32,018
2021	$641,348	$659,168	$961,876	$-17,820
2020	$650,998	$602,827	$992,740	$48,171
2019	$537,712	$511,668	$953,193	$26,044
2018	$662,858	$466,106	$939,238	$196,752

CHARLOTTESVILLE ABUNDANT LIFE MINISTRIES