MCKINNEY, TX
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)COMMUNITY LIFELINE CENTER, founded in 1989, is a community nonprofit in the Human Services sector that reported $1.4M in total revenue in fiscal year 2022. Revenue fell 34% from the prior year — a significant decline worth monitoring. Expenses of $2.0M exceeded revenue, resulting in a 39% operating deficit.
Community Lifeline Center envisions a community where all of our neighbors are provided resources to overcome temporary adversity. We can achieve this vision by focusing on our mission to provide residents of Collin County with basic critical resources, through our Food Program, One Month Away program, and Unhoused Neighbors Access Point program.
Community Lifeline Center offers a range of programs to support individuals and families in our community who are facing food insecurity, housing insecurity, and other financial hardships. This is...
Community Lifeline Center offers a range of programs to support individuals and families in our community who are facing food insecurity, housing insecurity, and other financial hardships. This is completed through our Food Assistance Programs and Financial Assistance Program, entitled One Month Away. During FY23, our food program included operating a Food Pantry and numerous mobile distributions throughout Collin County. During this year, CLC distributed 592,866 pounds of food to 29,205 individuals, which represented 494,055 meals provided to our neighbors in Collin County. As the need continued to grow throughout the fourth quarter of FY23, CLC continued to modify its food pantry operations. By the end of FY23, neighbors could visit the pantry weekly, without an appointment. The pantry operating hours by June 2023 were Tuesday through Friday from 10:00 AM until 3:00 PM.
CLC's One Month Away program provided rent and/or utility assistance to those experiencing a crisis. With the exponential growth in applications (we were receiving nearly 400 applications a month by...
CLC's One Month Away program provided rent and/or utility assistance to those experiencing a crisis. With the exponential growth in applications (we were receiving nearly 400 applications a month by February 2023), CLC staff streamlined and automated some of the processes to ensure we could serve residents in a timely manner. During FY23, CLC provided $268,408 in assistance to 1,924 of our neighbors in Collin County. These programs are crucial in helping our neighbors in need, and we are committed to continuing to provide support to our community through these and other initiatives. Without the assistance provided, many of these neighbors would have faced eviction or hunger, which leads to even greater health risks for our neighbors.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $1,438,424 | $2,163,538 | -0.3% |
| Expenses | $1,999,051 | $2,575,574 | -0.2% |
| Net Income | $-560,627 | $-412,036 | +0.4% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michael Schwerin | Executive Director | 40.0 |
Officer
|
$77,692 | $2,000 | $79,692 |
| LIZ STRAND CIMINI | PRESIDENT | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| BRANDON HERBISON | VICE PRESIDENT | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| HAROLD MCLEOD III | TREASURER | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| LISA HERMES | SECRETARY | 2.0 |
Officer
Director
|
$0 | $0 | $0 |
| DEBORAH BRADFORD | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| JUSTIN CHATIGNY | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| ROBIN FORSYTHE | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| FELICIA MURRAY | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| DALE SADLER | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| ROB SEDLAK | DIRECTOR | 2.0 |
Director
|
$0 | $0 | $0 |
| Trent Decker | Director | 2.0 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,438,424 | $1,999,051 | $312,270 | $-560,627 |
| 2022 | $2,163,538 | $2,575,574 | $877,588 | $-412,036 |
| 2021 | $2,058,130 | $1,242,567 | $1,265,206 | $815,563 |
| 2020 | $585,517 | $381,359 | $611,495 | $204,158 |
| 2019 | $275,762 | $277,551 | $112,244 | $-1,789 |
| 2018 | $303,789 | $271,487 | $114,118 | $32,302 |
Compare COMMUNITY LIFELINE CENTER with other nonprofits in Texas and across the country.