TLC ROOM AND BOARD 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

2019

Legal Domicile

Principal Officer

Tracy Phillips

Phone

6613173401

Tax Period

2025-05-01 to 2026-04-30

TLC ROOM AND BOARD INC, founded in 2019, is a small nonprofit in the Mental Health sector that reported $494K in total revenue in fiscal year 2025. Revenue surged 90% from the prior year, signaling strong growth momentum.

Mission

Provide housing for homeless and disabled

Program Service Accomplishments

Program 1

Expenses: $66,539 Revenue: $494,474

Provided housing for an average of 24 persons

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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 (2025)

Revenue Breakdown

Contributions & Grants $494,473

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $494,473

Expense Breakdown

Grants Paid $0

Salaries & Benefits $220,000

Fundraising Expenses $0

Program Expenses $66,539

Other Expenses $278,003

TOTAL EXPENSES $498,003

Year-over-Year Comparison

	2025	2024	Change
Revenue	$494,473	$260,000	+0.9%
Expenses	$498,003	$252,000	+1.0%
Net Income	$-3,530	$8,000	-1.4%

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

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
Tracy Phillips	President	10	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
2026	$494,473	$498,003	$15,511	$-3,530
2025	No data	No data	No data	No data
2024	$154,176	$163,321	$11,040	$-9,145
2023	$209,725	$229,154	$14,297	$-19,429
2022	$213,745	$226,459	$20,814	$-12,714