FOUNDATION OF SUSTAINING THE GOOD LIFE (EIN 873303188) - 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

2022

Legal Domicile

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. Program Services: The Healthy Aging Program is designed for anyone looking to maintain their mental and physical well-being. It offers a diverse selection of exercise classes, cooking and nutrition classes, and monthly interactive presentations on various health topics led by special guest speakers

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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 $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

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

$73,677

Total Directors

Key Employees

Highest Compensated

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

FOUNDATION OF SUSTAINING THE GOOD LIFE