CENTER FOR LIVING AND LEARNING INC (EIN 581742628) - 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

1986

Legal Domicile

Principal Officer

FRANCES L CLIPPARD

Phone

6152699932

Tax Period

2023-07-01 to 2024-06-30

CENTER FOR LIVING AND LEARNING INC, founded in 1986, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 14% operating deficit.

Mission

TO PROVIDE 24-HOUR RESIDENTIAL CARE AND JOB TRAINING TO INDIVIDUALS SUFFERING FROM MENTAL ILLNESS, IN A THERAPEUTIC ENVIRONMENT WITH EMPHASIS ON THE HIGHEST LEVEL OF FUNCTIONING AND INDEPENDENT LIVING.

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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 $283,761

Program Service Revenue $1,143,071

Investment Income $3,162

Other Revenue $-13,500

TOTAL REVENUE $1,416,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,042,006

Fundraising Expenses $0

Program Expenses $1,521,332

Other Expenses $568,793

TOTAL EXPENSES $1,610,799

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,416,494	$1,347,860	+0.1%
Expenses	$1,610,799	$1,437,259	+0.1%
Net Income	$-194,305	$-89,399	+1.2%

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

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

$85,000

Total Directors

$85,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCES L CLIPPARD	PRESIDENT & CEO	40.00	Officer Director	$85,000	$0	$85,000
JOSEPH PRESLEY	DIRECTOR	0.00	Director	$0	$0	$0
DAVID FOX	DIRECTOR	0.00	Director	$0	$0	$0
RUNCIE CLEMENTS	DIRECTOR	0.00	Director	$0	$0	$0
DIANNE BENEDICT	SECRETARY	0.00	Officer Director	$0	$0	$0
JON YARBROUGH	DIRECTOR	0.00	Director	$0	$0	$0
WILLIAM PETRIE MD	MEDICAL DIRECTOR	5.00	Director	$0	$0	$0
KEMPTON PRESLEY	DIRECTOR	0.00	Director	$0	$0	$0
CANDACE SURFACE	DIRECTOR	0.00	Director	$0	$0	$0
CHAD RAY	DIRECTOR	0.00	Director	$0	$0	$0
JOE LACKEY III	DIRECTOR	0.00	Director	$0	$0	$0
MARGIE GALE	DIRECTOR	0.00	Director	$0	$0	$0
GILBERT LOVELL	DIRECTOR	0.00	Director	$0	$0	$0
JULIUS SLOSS	PAST BOARD CHAIRMAN	0.00	Director	$0	$0	$0
TAYLOR SMITH	DIRECTOR	0.00	Director	$0	$0	$0
BRYAN RICHARDSON	BOARD CHAIRMAN	0.00	Director	$0	$0	$0
PETER BUCCI	DIRECTOR	0.00	Director	$0	$0	$0
ELYSABETH BENEDICT	DIRECTOR	0.00	Director	$0	$0	$0
BILL PARSONS	DIRECTOR	0.00	Director	$0	$0	$0
CHRIS JOHNSTON	DIRECTOR	0.00	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	No data	No data	No data	No data
2024	$1,416,494	$1,610,799	$2,669,301	$-194,305
2023	$1,347,860	$1,437,259	$2,875,452	$-89,399
2022	$1,367,355	$1,320,254	$2,943,385	$47,101
2021	$1,299,471	$1,209,313	$2,884,885	$90,158
2020	$1,157,112	$1,083,493	$2,918,653	$73,619
2019	$1,082,878	$1,068,233	$2,735,294	$14,645
2018	$1,087,874	$1,075,976	$2,745,519	$11,898

CENTER FOR LIVING AND LEARNING INC