THE PHOENIX LIFE PROJECT INC

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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

Principal Officer

NEIL HANDLER

Tax Period

2023-01-01 to 2023-12-31

THE PHOENIX LIFE PROJECT INC, founded in 2022, is a micro nonprofit in the Mental Health sector that reported $9K in total revenue in fiscal year 2023. Expenses of $77K exceeded revenue, resulting in a 721% operating deficit.

Mission

TO CREATE AWARENESS AND RESOURCES FOR THOSE IN NEED OF MENTAL AND EMOTIONAL WHOLENESS BY ESTABLISHING A NATIONAL NETWORK OF PROVIDERS TO SERVE VICTIMS OF TRAUMA, THEIR FAMILIES, COMMUNITIES, FIRST RESPONDERS AND VETERANS.

Program Service Accomplishments

Program 1

Expenses: $70,539

TO CREATE AWARENESS AND RESOURCES FOR THOSE IN NEED OF MENTAL AND EMOTIONAL WHOLENESS BY ESTABLISHING A NATIONAL NETWORK OF PROVIDERS TO SERVE VICTIMS OF TRAUMA, THEIR FAMILIES, COMMUNITIES, FIRST...

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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 $207,662

Program Service Revenue $1,272

Investment Income $0

Other Revenue $-199,576

TOTAL REVENUE $9,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,468

Fundraising Expenses $0

Program Expenses $70,539

Other Expenses $72,338

TOTAL EXPENSES $76,806

Year-over-Year Comparison

	2023	2022	Change
Revenue	$9,358	N/A	N/A
Expenses	$76,806	N/A	N/A
Net Income	$-67,448	N/A	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

N/A

Independent Members

N/A

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
NEIL HANDLER	OFFICER	0.00	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	$9,358	$76,806	$3,027	$-67,448
2022	$43,609	$34,383	$59,377	$9,226