PURSUING LIFE A TEXAS NONPROFIT

🔒

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

2020

Legal Domicile

Principal Officer

GENE GLAESER

Phone

5127518240

Tax Period

2023-01-01 to 2023-12-31

PURSUING LIFE A TEXAS NONPROFIT, founded in 2020, is a micro nonprofit that reported $65K in total revenue in fiscal year 2023. Revenue fell 90% from the prior year — a significant decline worth monitoring. Expenses of $78K exceeded revenue, resulting in a 20% operating deficit.

Mission

THE PRIMARY PURPOSE OF THE CORPORATION IS TO CREATE CONTENT THAT ENCOURAGES PEOPLE TO KNOW GOD AND EXPERIENCE SPIRITUAL WELLBEING.

Program Service Accomplishments

Program 1

Expenses: $40,000 Revenue: $65,000

CONTINUTED DEVELOPMENT OF ONLINE CONTENT TO ENCOURAGE PEOPLE TO RECONSIDER CHRIST AND RAISED MONEY FOR CHURCH PLANTING EFFORTS IN BARCELONA.

🔒

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 $65,000

Program Service Revenue $0

Investment Income $142

Other Revenue $0

TOTAL REVENUE $65,142

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $40,000

Other Expenses $77,945

TOTAL EXPENSES $77,945

Year-over-Year Comparison

	2023	2022	Change
Revenue	$65,142	$621,024	-0.9%
Expenses	$77,945	$614,450	-0.9%
Net Income	$-12,803	$6,574	-2.9%

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

Independent Members

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
GENE GLAESER	PRESIDENT	40.00	Officer Director	$0	$0	$0
AMBER MAENIUS	VP/TREASURER	2.00	Officer	$0	$0	$0
JORDAN GLAESER	SECRETARY	1.00	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	$65,142	$77,945	$3,412	$-12,803
2022	$621,024	$614,450	$16,215	$6,574