POWER CHANGES LIVES INC (EIN 831855848) - Form 990 Financial Analysis & Trantor Score

🔒

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

PENELOPE LOPEZ

Phone

9738665531

Tax Period

2019-01-01 to 2019-12-31

POWER CHANGES LIVES INC, founded in 2018, is a small nonprofit that reported $407K in total revenue in fiscal year 2019. The organization ran a surplus of $101K, a strong 25% operating margin.

Mission

POWER's (People Organized Working Evolving Reaching) mission is to give low-income minority and underserved communities the capacity to build and thrive eliminating disparities in aging education finance food insecurity health housing wellness and social justice and reform. Our significant activities include: 1. Senior Connect: Providing life-saving technology with pre-programmed Kindle Fire tablets to seniors ages 65+. The tablets connect to telehealth providers for chronic disease management ordering groceries ordering medications and community family wellness checks. Over 8,000 tablets distributed. 2. Project F.E.E.D. (Friends Ensuring Every Dinner): Providing nutritious USDA approved food boxes to those food insecure primarily in low-income minority and underserved communities. Annually over 9,000 food boxes have been distributed through pop-up locations and drive-thrus in response to COVID-19 and keeping our volunteers and staff safe while assisting the community.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $45,000

Program Service Revenue $0

Investment Income $0

Other Revenue $362,100

TOTAL REVENUE $407,100

Expense Breakdown

Grants Paid $152,350

Salaries & Benefits $110,000

Fundraising Expenses $0

Program Expenses $55,550

Other Expenses $43,580

TOTAL EXPENSES $305,930

Year-over-Year Comparison

	2019	2018	Change
Revenue	$407,100	N/A	N/A
Expenses	$305,930	N/A	N/A
Net Income	$101,170	$0	N/A

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

N/A

Employees

N/A

Volunteers

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
PENELOPE LOPEZ	CEO	40.00	Officer Highest	$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	$407,100	$305,930	$402,340	$101,170

POWER CHANGES LIVES INC