TIME FOR CHANGE IN ACTION INC

EIN: 862731387 501(c)(3) Human Services

SAINT PETERSBURG, FL

Total Revenue
$263,617
Total Expenses
$259,935
Total Assets
$4,361
Net Assets
$4,361
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
FL
Principal Officer
JOSEPH STRINGER
Phone
7275204123
Tax Period
2024-01-01 to 2024-12-31

TIME FOR CHANGE IN ACTION INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $264K in total revenue in fiscal year 2024.

Mission

WE ARE A HAVEN FOR THOSE WHO ARE CURRENTLY HOMELESS OR AT IMMINENT RISK OF BEING HOMELESS, INDIVIDUALS TRANSITIONING FROM LONG TERM TREATMENT PROGRAMS, OR THE PRISON SYSTEM. OUR MISSION IS TO PROVIDE SAFE, CLEAN, LOW COST RECOVERY BASED TRANSITIONAL HOUSING. WE ARE A LONG TERM FACILITY WHERE WE HELP INDIVIDUALS MAINTAIN THEIR SOBRIETY, EMOTIONAL, FINANCIAL, AND HOUSING STABILITY DURING THE EARLY STAGES OF RECOVERY, SO THEY CAN FOCUS ON REBUILDING LIVES. HELPING THEM BRIDGE THE GAP BETWEEN TREATMENT AND INDEPENDENT LIVING. ALL SERVICES ARE DESIGNED FOR RESIDENTS TO BECOME INDEPENDENT AND SELF- SUFFICIENT. WE PROVIDE STRUCTURED LOW COST HOUSING SUPPORTIVE ENVIRONMENT FOR INDIVIDUALS IN RECOVERY. SAFE AND STABLE ENVIRONMENT: TRANSITIONAL HOUSING PROVIDES A DRUG AND ALCOHOL FREE LIVING SPACE. FURNISHED HOUSES: FURNISHED AND EQUIPPED WITH BASIC NEEDS. STRUCTURED LIVING: RULES AND POLICIES ARE SET IN PLACE TO ENSURE ACCOUNTABILITY AND RESPONSIBILITY. SUPPORT GROUPS: OPPORTUNITIES TO PARTICIP

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $263,615
Investment Income $2
Other Revenue $0
TOTAL REVENUE $263,617

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,309
Fundraising Expenses $0
Program Expenses $214,929
Other Expenses $224,626
TOTAL EXPENSES $259,935

Year-over-Year Comparison

2024 2023 Change
Revenue $263,617 $259,344 +0.0%
Expenses $259,935 $259,968 0.0%
Net Income $3,682 $-624 -6.9%
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

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Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
3
Volunteers
4

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSEPH STRINGER PRESIDENT 75.00
Officer Director
$0 $0 $0
CHAD BOUDREAUX SECRETARY 25.00
Officer Director
$0 $0 $0
WENDY NORMAND TREASURER 75.00
Officer 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 $263,617 $259,935 $4,361 $3,682
2023 $259,344 $259,968 $12,830 $-624
2022 $232,714 $222,010 $13,454 $10,704
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