JACE WATERS FOUNDATION FOR TRANSITIONAL LIVING OF ALABAMA (EIN 820740533) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

JULIE WATERS

Phone

2515505031

Tax Period

2025-01-01 to 2025-12-31

JACE WATERS FOUNDATION FOR TRANSITIONAL LIVING OF ALABAMA, founded in 2017, is a micro nonprofit in the Housing & Shelter sector that reported $700 in total revenue in fiscal year 2025. Expenses of $942 exceeded revenue, resulting in a 35% operating deficit.

Mission

THE MISSION OF THE JACE WATERS FOUNDATION IS TO SERVE PEOPLE IN RECOVERY AND AFFECTED FAMILY MEMBERS FROM ADDICTION BY IMPORVING THEIR ACCESS TO QUALITY RECOVERY RESIDENCES AND RESOURCES THROUGH STANDARDS, SUPPORT SERVICES, PLACEMNT, EDUCATION, AND ADVOCACY.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $700

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $700

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $942

Other Expenses $942

TOTAL EXPENSES $942

Year-over-Year Comparison

	2025	2024	Change
Revenue	$700	N/A	N/A
Expenses	$942	N/A	N/A
Net Income	$-242	N/A	N/A

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
SALLEY BECK	TREASURER	3.00	Officer	$0	$0	$0
JENNIFER CHILDRESS	BOARD MEMBER	1.00	Officer	$0	$0	$0
MARSHALL METZ	BOARD MEMBER	1.00	Officer	$0	$0	$0
MARY NEVITT	SECRETARY	1.00	Officer	$0	$0	$0
KENNETH PRINE	VICE CHAIR	5.00	Officer	$0	$0	$0
AMY RICE	BOARD MEMBER	1.00	Officer	$0	$0	$0
JULIE WATERS	CHAIRMAN	15.00	Officer	$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	$700	$942	$16,195	$-242

JACE WATERS FOUNDATION FOR TRANSITIONAL LIVING OF ALABAMA