MILLS RIVER LIFE ENRICHMENT CENTER INC (EIN 834700354) - 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

DEBBIE COMBS

Phone

8288085581

Tax Period

2025-01-01 to 2025-12-31

MILLS RIVER LIFE ENRICHMENT CENTER INC, founded in 2019, is a micro nonprofit in the Human Services sector that reported $88K in total revenue in fiscal year 2025. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $107K exceeded revenue, resulting in a 22% operating deficit.

Mission

MRLEC PROGRAMS ARE TO PROMOTE HEALTHY AGING THROUGH FELLOWSHIP, EDUCATION, EXERCISE, AND ENTERTAINMENT.

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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 $43,454

Program Service Revenue $22,562

Investment Income $1,041

Other Revenue $20,558

TOTAL REVENUE $87,615

Expense Breakdown

Grants Paid $0

Salaries & Benefits $54,479

Fundraising Expenses $558

Program Expenses $106,249

Other Expenses $52,328

TOTAL EXPENSES $106,807

Year-over-Year Comparison

	2025	2024	Change
Revenue	$87,615	$139,962	-0.4%
Expenses	$106,807	$90,958	+0.2%
Net Income	$-19,192	$49,004	-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

N/A

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
DEBBIE COMBS	Chairman	2.00	Director	$0	$0	$0
MARTHA CREMER	Secretary	2.00	Director	$0	$0	$0
KENN SEAL	Treasurer	2.00	Director	$0	$0	$0
ELAINE KIRKPATRICK	ASST TREASURER	2.00	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
2025	$87,615	$106,807	$100,882	$-19,192
2024	$139,962	$90,958	$119,627	$49,004
2023	$78,502	$93,823	$70,623	$-15,321
2022	$102,123	$87,904	$85,944	$14,219
2021	$67,260	$77,437	$71,725	$-10,177
2020	$57,878	$67,088	$91,226	$-9,210

MILLS RIVER LIFE ENRICHMENT CENTER INC