My Own Life Foundation (EIN 870753198) - 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

2008

Legal Domicile

Principal Officer

Kheesa Slaughter

Tax Period

2023-01-01 to 2023-12-31

My Own Life Foundation, founded in 2008, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.6M left a modest 12% surplus.

Mission

Provide Housing and basic living skills to developmentally disabled adults.

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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 $0

Program Service Revenue $1,782,894

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,782,894

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,190,873

Fundraising Expenses $0

Program Expenses $1,567,169

Other Expenses $386,969

TOTAL EXPENSES $1,577,842

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,782,894	$1,391,309	+0.3%
Expenses	$1,577,842	$1,356,668	+0.2%
Net Income	$205,052	$34,641	+4.9%

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

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

Employees

Volunteers

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
Anthony Simien	Chief Financial Officer Secre	40.00	Officer	$0	$0	$0
Lori Carden	Chief Executive Officer	50.00	Officer	$0	$0	$0
Kheesa Slaughter	Chief Operations Officer	40.00	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
2024	No data	No data	No data	No data
2023	$1,782,894	$1,577,842	$281,832	$205,052
2022	$1,391,309	$1,356,668	$83,834	$34,641
2021	$1,289,981	$1,247,638	$74,956	$42,343
2020	$1,082,422	$1,158,429	$171,426	$-76,007
2019	$445,885	$432,610	$60,358	$13,275
2018	$479,405	$555,373	$82,863	$-75,968

My Own Life Foundation