4 LIFE FOUNDATION LTD (EIN 842208172) - 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

2019

Legal Domicile

Principal Officer

JIMMY L SCROGGINS III

Phone

6026637799

Tax Period

2023-01-01 to 2023-12-31

4 LIFE FOUNDATION LTD, founded in 2019, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $9K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Expenses of $11K exceeded revenue, resulting in a 25% operating deficit.

Mission

LOW INCOME YOUTH ASSISTANCE

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $8,562

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,562

Expense Breakdown

Grants Paid $8,602

Salaries & Benefits $0

Fundraising Expenses $1,400

Other Expenses $2,076

TOTAL EXPENSES $10,678

Year-over-Year Comparison

	2023	2022	Change
Revenue	$8,562	$27,445	-0.7%
Expenses	$10,678	$21,826	-0.5%
Net Income	$-2,116	$5,619	-1.4%

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

N/A

Independent Members

N/A

Employees

N/A

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
JIMMY L SCROGGINS III	PRESIDENT	15.00	Officer	$0	$0	$0
ERNESTO JIMENEZ JR	VICE PRESIDENT	5.000	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
2023	$8,562	$10,678	$6,821	$-2,116
2022	$27,445	$21,826	No data	$5,619
2021	$27,712	$24,395	$3,318	$3,317
2020	$29,949	$29,116	$102	$833

4 LIFE FOUNDATION LTD