THOMAS CENTER INC

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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

Legal Domicile

Tax Period

2019-01-01 to 2019-12-31

THOMAS CENTER INC, founded in 2018, is a small nonprofit that reported $150K in total revenue in fiscal year 2019. Revenue surged 512% from the prior year, signaling strong growth momentum.

Mission

BUILD STRONG CHILDREN, FAMILIES, AND COMMUNITIES BY ENRICHING THE LIVES OF ALL PEOPLE IN SPIRIT, MIND, AND BODY AND PROVIDE A SUPPORTIVE NURTURING ENVIRONMENT THAT ENRICHES ALL.

Program Service Accomplishments

Program 1

Expenses: $4,897

BUILD STRONG CHILDREN, FAMILIES AND COMMUNITY BY OFFERINGAN AREA THAT CAN BE USED FOR CHILDREN, FAMILIES AND THE COMMUNITY TO COME TOGETHER FOR FUN AND RELAXATION.

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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 (2019)

Revenue Breakdown

Contributions & Grants $66,220

Program Service Revenue $0

Investment Income $0

Other Revenue $83,722

TOTAL REVENUE $149,942

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,032

Fundraising Expenses $0

Program Expenses $4,897

Other Expenses $26,256

TOTAL EXPENSES $152,288

Year-over-Year Comparison

	2019	2018	Change
Revenue	$149,942	$24,507	+5.1%
Expenses	$152,288	$19,864	+6.7%
Net Income	$-2,346	$4,643	-1.5%

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

N/A

Independent Members

N/A

Employees

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
SCOTTY NICHOLSON	PRESIDENT	3.00	Officer	$0	$0	$0
BARBARA NICHOLSON	TREASURER	3.00	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
2019	$149,942	$152,288	$45,397	$-2,346