CHOICES INC (EIN 611208995) - 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

1991

Legal Domicile

Principal Officer

MICHAEL D CRENSHAW

Phone

5025853780

Tax Period

2024-01-01 to 2024-12-31

CHOICES INC, founded in 1991, is a small nonprofit in the Housing & Shelter sector that reported $296K in total revenue in fiscal year 2024. Revenue surged 54% from the prior year, signaling strong growth momentum. The organization ran a surplus of $57K, a strong 19% operating margin.

Mission

DEVELOP PROGRAMS AND SERVICE THROUGH WHICH PEOPLE IN LOW-INCOME COMMUNITIES MAY HAVE IMPROVED CHOICES FOR ENHANCING THEIR QUALITY OF LIFE.

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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 $232,289

Program Service Revenue $63,696

Investment Income $16

Other Revenue $0

TOTAL REVENUE $296,001

Expense Breakdown

Grants Paid $0

Salaries & Benefits $97,509

Fundraising Expenses $24,784

Program Expenses $163,044

Other Expenses $141,329

TOTAL EXPENSES $238,838

Year-over-Year Comparison

	2024	2023	Change
Revenue	$296,001	$192,783	+0.5%
Expenses	$238,838	$219,051	+0.1%
Net Income	$57,163	$-26,268	-3.2%

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

$72,000

Total Directors

$72,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL D CRENSHAW	EXEC. DIR /	40.00	Officer Director	$72,000	$0	$72,000
THERESA BIVENS	VICE CHAIR	2.00	Officer Director	$0	$0	$0
CHIQUITA BOOKER	TRUSTEE / DI	1.00	Director	$0	$0	$0
KEITH BOOKER	TRUSTEE / DI	1.00	Director	$0	$0	$0
DIANE DONAHUE	TRUSTEE/CASE	40.00	Director	$0	$0	$0
KIERA GRADY	SECRETARY	1.00	Officer Director	$0	$0	$0
AMY KALBER	TRUSTEE / DI	1.00	Director	$0	$0	$0
JAMES PARKER	TREASURER	2.00	Officer Director	$0	$0	$0
HILLARY STEVENSON	TRUSTEE / DI	1.00	Director	$0	$0	$0
REBECCA WENNING	PRESIDENT	5.00	Officer 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	$296,001	$238,838	$586,187	$57,163
2023	$192,783	$219,051	$566,761	$-26,268
2022	$210,324	$219,375	$559,403	$-9,051
2021	$205,463	$213,505	$517,671	$-8,042
2020	$205,222	$219,763	$531,123	$-14,541
2019	$220,381	$211,356	$531,511	$9,025

CHOICES INC