TAKE CHARGE TOTAL WELLNESS FOUNDATION INC (EIN 851472812) - 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

2020

Legal Domicile

Principal Officer

ELVIN TURNER

Phone

8602127281

Tax Period

2023-01-01 to 2023-12-31

TAKE CHARGE TOTAL WELLNESS FOUNDATION INC, founded in 2020, is a micro nonprofit in the Education sector that reported $11K in total revenue in fiscal year 2023. Revenue fell 56% from the prior year — a significant decline worth monitoring. Expenses of $19K exceeded revenue, resulting in a 75% operating deficit.

Mission

TO PROVIDE FINANCIAL EDUCATION TO UNDERSERVED COMMUNITIES. THE PROGRAMS BEGAN IN THE BLACK COMMUNITY ANDWILL CONTINUE TO SERVE THE BLACK AND MINORITY COMMUNITIES.

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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 $11,048

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $11,048

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $19,312

Other Expenses $19,312

TOTAL EXPENSES $19,312

Year-over-Year Comparison

	2023	2022	Change
Revenue	$11,048	$25,223	-0.6%
Expenses	$19,312	$13,756	+0.4%
Net Income	$-8,264	$11,467	-1.7%

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

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
ELVIN TURNER	PRESIDENT	40.00	Officer Director	$0	$0	$0
ALFRED TURCO	SECRETARY	5.00	Officer Director	$0	$0	$0
BRENDEN HEALY	TREASURER	5.00	Officer Director	$0	$0	$0
KEVIN BALDWIN	DIRECTOR	5.00	Director	$0	$0	$0
JOSEPH FRACK	DIRECTOR	5.00	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
2023	$11,048	$19,312	$11,286	$-8,264
2022	$25,223	$13,756	$19,550	$11,467
2020	$6,700	$12	$6,688	$6,688

TAKE CHARGE TOTAL WELLNESS FOUNDATION INC