TLC CHARITIES FOUNDATION INC (EIN 562377130) - 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

2003

Legal Domicile

Phone

9137642887

Tax Period

2023-01-01 to 2023-12-31

TLC CHARITIES FOUNDATION INC, founded in 2003, is a small nonprofit in the Human Services sector that reported $221K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $130K, a strong 59% operating margin.

Mission

THE MISSION OF TLC CHARITIES FOUNDATION IS TO SUPPORT AND PROMOTE KIDSTLC, INC. AND ITS MISSION BY INFORMING, EDUCATING, AND COUNSELING INDIVIDUALS AND PROFESSIONAL ADVISORS ABOUT THE OPPORTUNITIES AND BENEFITS ARISING FROM CHARITABLE PLANNED GIVING AND MANAGING ASSETS AND RELATIONSHIPS RESULTING FROM PLANNED GIFTS IN A MANNER THAT MAXIMIZES THE BENEFITS BOTH TO THE AGENCY AND DONORS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,288

Program Service Revenue $0

Investment Income $218,719

Other Revenue $0

TOTAL REVENUE $221,007

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $91,128

Program Expenses $0

Other Expenses $91,128

TOTAL EXPENSES $91,128

Year-over-Year Comparison

	2023	2022	Change
Revenue	$221,007	$178,892	+0.2%
Expenses	$91,128	$212,066	-0.6%
Net Income	$129,879	$-33,174	-4.9%

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

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

$683,125

Total Directors

$683,125

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
N/A	TREASURER	1.5	Officer Director	$0	$0	$0
N/A	TRUSTEE	1.0	Officer Director	$0	$19,831	$270,850
N/A	CHAIR	1.5	Officer Director	$0	$0	$0
N/A	SECRETARY	1.5	Officer Director	$0	$0	$0
N/A	TRUSTEE	1.0	Officer Director	$0	$16,120	$178,284
N/A	TRUSTEE	1.0	Officer Director	$0	$5,946	$107,829
N/A	TRUSTEE	1.0	Officer Director	$0	$19,376	$126,162
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	Director	$0	$0	$0
N/A	TRUSTEE	0.5	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
2024	No data	No data	No data	No data
2023	$221,007	$91,128	$4,182,361	$129,879
2022	$178,892	$212,066	$4,091,566	$-33,174
2021	$381,969	$183,614	$5,444,551	$198,355
2020	$170,494	$25,918	$2,983,242	$144,576
2019	$141,306	$40,728	$2,774,117	$100,578
2018	$196,075	$27,946	$2,561,228	$168,129

TLC CHARITIES FOUNDATION INC