Fore Life Inc

EIN: 830412490 501(c)(3) Education

Opa Locka, FL

Total Revenue
$302,519
Total Expenses
$312,604
Total Assets
$10,631
Net Assets
$-45,865
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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
2004
Phone
7865546056
Tax Period
2023-01-01 to 2023-12-31

Fore Life Inc, founded in 2004, is a small nonprofit in the Education sector that reported $303K in total revenue in fiscal year 2023. Revenue surged 54% from the prior year, signaling strong growth momentum.

Mission

Educate the youths using the game of golf

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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 $302,519
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $302,519

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $200
Program Expenses $296,811
Other Expenses $312,604
TOTAL EXPENSES $312,604

Year-over-Year Comparison

2023 2022 Change
Revenue $302,519 $196,349 +0.5%
Expenses $312,604 $184,004 +0.7%
Net Income $-10,085 $12,345 -1.8%
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
7
Independent Members
N/A
Employees
N/A
Volunteers
8

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
1
$16,500
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Paula Tucker Director 40
Officer
$16,500 $0 $16,500
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 $302,519 $312,604 $10,631 $-10,085
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