FOUNDATION OF SUSTAINING THE GOOD LIFE

EIN: 873303188 501(c)(3)

Walnut Creek, CA

Total Revenue
$695,131
Total Expenses
$452,549
Total Assets
$242,582
Net Assets
$242,582
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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
2022
Legal Domicile
CA
Phone
5102550232
Tax Period
2023-01-01 to 2023-12-31

FOUNDATION OF SUSTAINING THE GOOD LIFE, founded in 2022, is a small nonprofit that reported $695K in total revenue in fiscal year 2023. The organization ran a surplus of $243K, a strong 35% operating margin.

Mission

Empower the mind, body, and spirit of America's minoritized communities by celebrating our elders, teaching our young, and supporting our working men and women. The Good Life is dedicated to reversing the growing public health crisis of dementia and diabetes disproportionately affecting Black and Latin American communities.

Program Service Accomplishments

Program 1
Expenses: $384,997 Revenue: $384,997

Program Service 1: Healthy Aging Program Description of Achievements: The Healthy Aging Program promotes physical and mental well-being among older adults. It offers a range of services, including...

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Program Service 1: Healthy Aging Program Description of Achievements: The Healthy Aging Program promotes physical and mental well-being among older adults. It offers a range of services, including exercise classes, cooking and nutrition classes, and monthly interactive presentations led by special guest speakers. The program aims to improve the overall health and quality of life of participants. Financial Information: Impact: * Served 200 participants * Conducted 190 exercise classes and 81 Mental Health classes and 54 cooking and nutrition classes * Hosted 12 weekly health presentations * 85% of participants reported improved physical fitness * 90% of participants gained better knowledge about healthy eating

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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 (2023)

Revenue Breakdown

Contributions & Grants $695,131
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $695,131

Expense Breakdown

Grants Paid $0
Salaries & Benefits $89,100
Fundraising Expenses $0
Program Expenses $384,997
Other Expenses $363,449
TOTAL EXPENSES $452,549

Year-over-Year Comparison

2023 2022 Change
Revenue $695,131 N/A N/A
Expenses $452,549 N/A N/A
Net Income $242,582 $0 N/A
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

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Governance

Voting Members
3
Independent Members
1
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
2
$73,677
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Shanette Merrick Executive Director 35
Officer
$48,333 $0 $48,333
Vivian El Garico Treasurer 30
Officer
$25,344 $0 $25,344
Sheryl Lynn Thomas Key Employee 40
Key Emp
$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 $695,131 $452,549 $242,582 $242,582
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