CHANCE FOR LIFE

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2018

Legal Domicile

Principal Officer

BRAD NIERENBERG

Tax Period

2022-07-01 to 2023-06-30

CHANCE FOR LIFE, founded in 2018, is a micro nonprofit in the Medical Research sector that reported $40K in total revenue in fiscal year 2022. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $22K, a strong 55% operating margin.

Mission

CHANCE FOR LIFE'S MISSION IS TO RAISE AWARENESS AND FUNDS FOR CRITICAL RESEARCH AND CLINICAL TRIALS FOR PEDIATRIC CANCER IN THE UNITED STATES OF AMERICA.

Program Service Accomplishments

Program 1

RAISE AWARENESS AND FUNDS FOR CRITICAL RESEARCH AND CLINICAL TRIALS FOR PEDIATRIC CANCER IN THE UNITED STATES OF AMERICA

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $40,154

Program Service Revenue $0

Investment Income $225

Other Revenue $0

TOTAL REVENUE $40,379

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $6,521

Other Expenses $17,995

TOTAL EXPENSES $17,995

Year-over-Year Comparison

	2022	2021	Change
Revenue	$40,379	$76,275	-0.5%
Expenses	$17,995	$801,511	-1.0%
Net Income	$22,384	$-725,236	-1.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$141,223

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARIA BOOKER	EXECUTIVE DI	10.00	Officer	$0	$0	$141,223
BRAD NIERENBERG	CHAIRMAN	1.00	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	No data	No data	No data	No data
2023	$40,379	$17,995	$516,288	$22,384
2022	$76,275	$801,511	$485,878	$-725,236
2021	$982,944	$662,881	$1,211,933	$320,063
2018	$180,681	$47,965	$595,684	$132,716