CENTER ON INDEPENDENT LIVING (EIN 742395156) - 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

Principal Officer

BARRY FLOYD

Tax Period

2023-11-01 to 2024-10-31

CENTER ON INDEPENDENT LIVING is a small nonprofit in the Human Services sector that reported $635K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring. Expenses of $811K exceeded revenue, resulting in a 28% operating deficit.

Mission

THE CENTER ON INDEPENDENT LIVINGS COIL PURPOSE IS TO PROVIDE THE SERVICES AND SUPPORT SYSTEM NEEDED TO PROMOTE INDEPENDENT LIVING AND SELF SUFFICIENCY FOR

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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 $18,970

Program Service Revenue $614,482

Investment Income $0

Other Revenue $1,357

TOTAL REVENUE $634,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $607,851

Fundraising Expenses $0

Program Expenses $660,676

Other Expenses $202,828

TOTAL EXPENSES $810,679

Year-over-Year Comparison

	2023	2022	Change
Revenue	$634,809	$796,824	-0.2%
Expenses	$810,679	$880,889	-0.1%
Net Income	$-175,870	$-84,065	+1.1%

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

$263,003

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARRY R FLOYD	EXEC DIRECTOR	40	Officer	$111,303	$0	$111,303
LYNN R HUGHES	CFO	40	Officer	$151,700	$0	$151,700
DR DEE DEE ASP	TREASURER	2	Officer Director	$0	$0	$0
MICHAEL MALONE	BOARD MEMBER	1	Director	$0	$0	$0
FERNANDA CARDE	BOARD MEMBER	1	Director	$0	$0	$0
AMANDA RASCO	BOARD MEMBER	1	Officer Director	$0	$0	$0
RICK WILLIAMSO	BOARD MEMBER	1	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	$634,809	$810,679	$463,166	$-175,870
2023	$796,824	$880,889	$640,158	$-84,065
2022	$653,992	$744,299	$615,008	$-90,307
2021	$775,963	$697,794	$700,202	$78,169
2020	$741,925	$601,483	$627,065	$140,442
2019	$775,938	$706,921	$315,463	$69,017
2018	$681,137	$632,499	$307,732	$48,638

CENTER ON INDEPENDENT LIVING