THE FOUNDATION FOR LIVING AND LEARNING INC (EIN 621664442) - 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

1996

Legal Domicile

Principal Officer

RUNCIE CLEMENTS

Phone

6152699932

Tax Period

2025-01-01 to 2025-12-31

THE FOUNDATION FOR LIVING AND LEARNING INC, founded in 1996, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $35K in total revenue in fiscal year 2025. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $55K exceeded revenue, resulting in a 55% operating deficit.

Mission

THE FOUNDATION FOR LIVING AND LEARNING WAS ESTABLISHED TO PROVIDE A PERPETUAL SOURCE OF SUPPORT FOR THE CENTER FOR LIVING AND LEARNING, INC., A 501 (C)(3) ORGANIZATION. THE SUPPORTED ORGANIZATION PROVIDES A HOME-TYPE ENVIRONMENT FOR MENTALLY DISABLED ADULTS AND VOCATIONAL TRAINING AND REHABILITATION PROGRAMS FOR AREA STUDENTS AND ADULTS. THIS CONTRIBUTES IMPORTANTLY TO THE GOAL OF PROVIDING A PERPETUAL SOURCE OF SUPPORT FOR THE CENTER'S CONTINUING ACTIVITIES.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $35,455

Other Revenue $0

TOTAL REVENUE $35,455

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $50,000

Other Expenses $55,038

TOTAL EXPENSES $55,038

Year-over-Year Comparison

	2025	2024	Change
Revenue	$35,455	$53,510	-0.3%
Expenses	$55,038	$206,540	-0.7%
Net Income	$-19,583	$-153,030	-0.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
BRYAN RICHARDSON	DIRECTOR	Director	$0	$0	$0
BUDDY BENEDICT	DIRECTOR	Director	$0	$0	$0
RUNCIE CLEMENTS	CHAIRMAN	Officer Director	$0	$0	$0
SCOOTER CLIPPARD	DIRECTOR	Director	$0	$0	$0
PEPE PRESLEY	DIRECTOR	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	$35,455	$55,038	$514,584	$-19,583
2024	$53,510	$206,540	$507,650	$-153,030
2023	$90,637	$8,020	$660,841	$82,617
2022	$11,142	$6,730	$530,144	$4,412
2021	$116,694	$6,222	$581,777	$110,472
2020	$206,179	$4,342	$481,035	$201,837

THE FOUNDATION FOR LIVING AND LEARNING INC