FOUNDATION FOR THE CENTER FOR TRANSFORMING LIVES (EIN 752920875) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

CAROL KLOCEK

Phone

8173326191

Tax Period

2023-09-01 to 2024-08-31

FOUNDATION FOR THE CENTER FOR TRANSFORMING LIVES, founded in 2000, is a community nonprofit in the Human Services sector that reported $8.7M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.2M, a strong 60% operating margin.

Mission

THE FOUNDATION IS ORGANIZED TO HOLD, MANAGE, SOLICIT, RECEIVE, ADMINISTER AND INVEST ASSETS FOR THE EXCLUSIVE BENEFIT AND SUPPORT OF THE CENTER FOR TRANSFORMING LIVES.

🔒

Trantor Score

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $702,989

Other Revenue $7,951,582

TOTAL REVENUE $8,654,571

Expense Breakdown

Grants Paid $2,470,527

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $2,470,527

Other Expenses $1,019,179

TOTAL EXPENSES $3,489,706

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,654,571	$7,109,411	+0.2%
Expenses	$3,489,706	$3,438,770	+0.0%
Net Income	$5,164,865	$3,670,641	+0.4%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

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

$631,583

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BUTLER	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN HOOVER	DIRECTOR	1.00	Director	$0	$0	$0
MAXWELL LEA	DIRECTOR	1.00	Director	$0	$0	$0
GINNY MARKLEY	DIRECTOR	1.00	Director	$0	$0	$0
PORTER PURSLEY	DIRECTOR	1.00	Director	$0	$0	$0
JEFF PALADINI	PRESIDENT	1.00	Officer Director	$0	$0	$0
LEANN BEHRENS	MEMBER-AT-LARGE	1.00	Officer Director	$0	$0	$0
CAROL KLOCEK	CEO	2.00	Officer	$0	$25,402	$394,056
JASON RICHARDSON	CFO	2.00	Officer	$0	$29,100	$237,527

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	$8,654,571	$3,489,706	$39,665,545	$5,164,865
2023	$7,109,411	$3,438,770	$29,266,311	$3,670,641
2022	$8,453,404	$5,372,141	$23,650,995	$3,081,263
2021	$3,395,767	$1,731,318	$24,854,751	$1,664,449
2020	$1,999,978	$1,882,705	$19,502,447	$117,273
2019	$2,460,654	$1,372,485	$17,515,664	$1,088,169
2018	$2,303,092	$985,901	$16,640,512	$1,317,191

FOUNDATION FOR THE CENTER FOR TRANSFORMING LIVES