180 CENTER INC (EIN 833414476) - 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

2019

Legal Domicile

Principal Officer

FRANK DOUGLAS SPEARS II

Phone

3046197537

Tax Period

2023-01-01 to 2023-12-31

180 CENTER INC, founded in 2019, is a small nonprofit that reported $107K in total revenue in fiscal year 2023. Revenue fell 44% from the prior year — a significant decline worth monitoring. Expenses of $134K exceeded revenue, resulting in a 26% operating deficit.

Mission

THE SOLE PURPOSE IS TO HELP MEN AND WOMEN RECOVER FROM LIFE STRUGGLES THROUGH THE POWER OF JESUS CHRIST TO BE ABLE TO MAINTAIN RECOVERY AND BECOME A PRODUCTIVE MEMBER OF SOCIETY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $36,803

Program Service Revenue $67,460

Investment Income $2,335

Other Revenue $0

TOTAL REVENUE $106,598

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,030

Fundraising Expenses $0

Program Expenses $134,003

Other Expenses $130,973

TOTAL EXPENSES $134,003

Year-over-Year Comparison

	2023	2022	Change
Revenue	$106,598	$189,386	-0.4%
Expenses	$134,003	$154,418	-0.1%
Net Income	$-27,405	$34,968	-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

Governance

Voting Members

Independent Members

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
FRANK DOUGLAS SPEARS II	EXECUTIVE DIRECTOR	0.00	Officer	$0	$0	$0
SAMUEL D SEDOSKY JR	TREASURER	0.00	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
2024	No data	No data	No data	No data
2023	$106,598	$134,003	$265,985	$-27,405
2022	$189,386	$154,418	$159,637	$34,968
2021	$112,145	$99,067	$137,816	$13,078
2020	$73,181	$60,122	$138,728	$13,059
2019	$31,962	$26,892	$5,537	$5,070

180 CENTER INC