THE CENTERS (EIN 824787757) - 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

2018

Principal Officer

EMIL RIGG

Phone

8437264822

Tax Period

2024-01-01 to 2024-12-31

THE CENTERS, founded in 2018, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $8K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $22K exceeded revenue, resulting in a 180% operating deficit.

Mission

TO CREATE A PLACE FOR PARTICIPANTS TO COME TOGETHER FOR CARING AND SHARING, TRAINING AND HEALING, AND TO ENHANCE THE LIVES OF THOSE WHO HAVE SERVED. OUR VISION FOR THE FUTURE IS TO A FORCE TO CHANGE LIVES OF THE SUFFERING TO A LIFE OF SERENITY WITHOUT PAIN.

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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 $0

Program Service Revenue $7,834

Investment Income $4

Other Revenue $0

TOTAL REVENUE $7,838

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $10,969

Other Expenses $21,941

TOTAL EXPENSES $21,941

Year-over-Year Comparison

	2024	2023	Change
Revenue	$7,838	$10,487	-0.3%
Expenses	$21,941	$44,651	-0.5%
Net Income	$-14,103	$-34,164	-0.6%

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
MARJORIE D FREUND	PRESIDENT	8.00	Officer Director	$0	$0	$0
EMIL RIGG	VP AND TREAS	5.00	Officer Director	$0	$0	$0
CALLIE VEGA	SECRETARY	3.00	Officer 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
2024	$7,838	$21,941	$753,082	$-14,103
2023	$10,487	$44,651	$758,160	$-34,164
2022	$40,172	$48,123	$821,149	$-7,951
2021	$577,730	$30,459	$755,926	$547,271

THE CENTERS