THE PASSIONATE LIFE FOUNDATION (EIN 813283600) - 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

2014

Legal Domicile

Principal Officer

OP DAVID ALMARAZ

Phone

3104905314

Tax Period

2024-07-01 to 2025-06-30

THE PASSIONATE LIFE FOUNDATION, founded in 2014, is a small nonprofit in the Food, Agriculture & Nutrition sector that reported $541K in total revenue in fiscal year 2024. Revenue surged 1201% from the prior year, signaling strong growth momentum. The organization ran a surplus of $462K, a strong 85% operating margin.

Mission

PROVIDE CHARITABLE ASSISTANCE AND RESOURCES TO INDIVIDUALS AND FAMILIES WHO ARE LACKING BASIC NECESSITIES, INCLUDING HOUSING, FOOD, CLOTHING, AND OTHER FINANCIAL NEEDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $532,471

Program Service Revenue $0

Investment Income $0

Other Revenue $8,171

TOTAL REVENUE $540,642

Expense Breakdown

Grants Paid $61,000

Salaries & Benefits $0

Fundraising Expenses $14,722

Program Expenses $62,387

Other Expenses $17,456

TOTAL EXPENSES $78,456

Year-over-Year Comparison

	2024	2023	Change
Revenue	$540,642	$41,561	+12.0%
Expenses	$78,456	$26,803	+1.9%
Net Income	$462,186	$14,758	+30.3%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
OP ALMARAZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
IVONNE ALMARAZ	DIRECTOR	1.00	Director	$0	$0	$0
DANA ALMARAZ	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE SALAZAR	DIRECTOR	1.00	Director	$0	$0	$0
JACKIE RIVERA	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
2025	$540,642	$78,456	$477,532	$462,186

THE PASSIONATE LIFE FOUNDATION