Compassion For Life Corporation

EIN: 822848640 501(c)(3) Human Services

Elkton, MD

Total Revenue
$336,355
Total Expenses
$332,112
Total Assets
$186,683
Net Assets
$186,683
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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

Legal Domicile
MD
Principal Officer
Richard E Williams
Phone
3025685551
Tax Period
2023-01-01 to 2023-12-31

Compassion For Life Corporation is a small nonprofit in the Human Services sector that reported $336K in total revenue in fiscal year 2023. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

Meet the needs of poor and disadvantaged people in underserved parts of the USA and globally.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $336,355
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $336,355

Expense Breakdown

Grants Paid $175,540
Salaries & Benefits $106,500
Fundraising Expenses $31,474
Program Expenses $261,535
Other Expenses $50,072
TOTAL EXPENSES $332,112

Year-over-Year Comparison

2023 2022 Change
Revenue $336,355 $422,164 -0.2%
Expenses $332,112 $440,045 -0.2%
Net Income $4,243 $-17,881 -1.2%
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

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Governance

Voting Members
12
Independent Members
12
Employees
4
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
4
$76,500
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard E Williams President & CEO 40.00
Officer
$52,500 $0 $52,500
Ryan Hunt CFO 40.00
Officer
$24,000 $0 $24,000
John Yanoshak Director 1.50
Director
$0 $0 $0
Joel Krott Director 1.50
Director
$0 $0 $0
David Hunt Director 1.50
Director
$0 $0 $0
Joseph Pew Director 1.50
Director
$0 $0 $0
Jerry Trousdale Director 1.50
Director
$0 $0 $0
Greg Trapp Director 1.50
Director
$0 $0 $0
Andy Hunt Director 1.50
Director
$0 $0 $0
Rachel Kent Director 1.50
Director
$0 $0 $0
William B Strine Sr Chairman of Brd 20.00
Officer
$0 $0 $0
Anita Cornett Vice President 20.00
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
2024 No data No data No data No data
2023 $336,355 $332,112 $186,683 $4,243
2022 $467,224 $410,446 $257,099 $56,778
2022 $422,164 $440,045 $182,440 $-17,881
2021 $252,351 $199,440 $200,321 $52,911
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