FAMILY LEARNING CENTER (EIN 742240341) - 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

1982

Legal Domicile

Phone

3034428979

Tax Period

2023-01-01 to 2023-12-31

FAMILY LEARNING CENTER, founded in 1982, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.1M left a modest 12% surplus.

Mission

ALTERNATIVE EDUCATIONAL PROGRAMMING FOR LOW-INCOME FAMILIES, ESPECIALLY THOSE WHOSE FIRST LANGUAGE IS NOT ENGLISH

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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 $1,240,934

Program Service Revenue $0

Investment Income $11,621

Other Revenue $6,627

TOTAL REVENUE $1,259,182

Expense Breakdown

Grants Paid $48,842

Salaries & Benefits $766,637

Fundraising Expenses $86,864

Program Expenses $932,833

Other Expenses $266,558

TOTAL EXPENSES $1,106,242

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,259,182	$1,104,502	+0.1%
Expenses	$1,106,242	$988,516	+0.1%
Net Income	$152,940	$115,986	+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

250

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

$89,454

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRENDA LYLE	Executive Dir.	40.00	Officer	$82,000	$7,454	$89,454
WES WRIGHT	Director	1.00	Director	$0	$0	$0
LOUISA MATHIAS	Director	1.00	Director	$0	$0	$0
ADRIAN WISNIEWSKI	Director	1.00	Director	$0	$0	$0
BRANDON REED	President	1.00	Officer Director	$0	$0	$0
DEMETRIA ROSS	Director	1.00	Director	$0	$0	$0
KATHRYN DANSKY	Director	1.00	Director	$0	$0	$0
BRIANNA PHILLIPS	Vice President	1.00	Officer Director	$0	$0	$0
DAVIS THOMPSON	Director	1.00	Director	$0	$0	$0
GIORDANA BELENCHIA	Director	1.00	Director	$0	$0	$0
KIRSTEN ANDERBERT	Treasurer	1.00	Officer Director	$0	$0	$0
YVETTE ROLLINS	Director	1.00	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
2024	No data	No data	No data	No data
2023	$1,259,182	$1,106,242	$1,487,224	$152,940
2022	$1,104,502	$988,516	$1,325,136	$115,986
2021	$897,981	$721,413	$1,276,914	$176,568
2020	$1,035,472	$800,678	$1,113,389	$234,794
2019	$995,052	$785,082	$894,165	$209,970
2018	$718,671	$740,519	$700,051	$-21,848

FAMILY LEARNING CENTER