DETROIT LIFE IS VALUABLE EVERYDAY (EIN 833863598) - 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

2022

Legal Domicile

Principal Officer

TOLULOPE SONUYI

Phone

7347093610

Tax Period

2023-01-01 to 2023-12-31

DETROIT LIFE IS VALUABLE EVERYDAY, founded in 2022, is a community nonprofit in the Health Care sector that reported $1.6M in total revenue in fiscal year 2023. Revenue surged 373% from the prior year, signaling strong growth momentum. The organization ran a surplus of $540K, a strong 34% operating margin.

Mission

DLIVE IS A HEALTH-CENTERED VIOLENCE INTERVENTION AND PREVENTION ORGANIZATION THAT WORKS TO ADVANCE THE HEALTH OUTCOMES AND WELL-BEING OF YOUNG ADULTS WHO HAVE SUSTAINED INJURY FROM COMMUNITY VIOLENCE.

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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 $1,561,608

Program Service Revenue $0

Investment Income $3,496

Other Revenue $0

TOTAL REVENUE $1,565,104

Expense Breakdown

Grants Paid $0

Salaries & Benefits $665,085

Fundraising Expenses $9,204

Program Expenses $906,089

Other Expenses $360,068

TOTAL EXPENSES $1,025,153

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,565,104	$330,675	+3.7%
Expenses	$1,025,153	$187,071	+4.5%
Net Income	$539,951	$143,604	+2.8%

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

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

$168,523

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOLULOPE SONUYI	EXECUTIVE DI	40.00	Officer	$168,523	$0	$168,523
PARUL CHACHRA	BOARD MEMBER	0.50	Director	$0	$0	$0
TRINETTE CHANDLER	BOARD MEMBER	0.50	Director	$0	$0	$0
MATT MCDONALD	BOARD MEMBER	0.50	Director	$0	$0	$0
ANDRE STRINGFELLOW	BOARD MEMBER	0.50	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	$1,565,104	$1,025,153	$940,186	$539,951

DETROIT LIFE IS VALUABLE EVERYDAY