TREE OF LIFE RESOURCE CENTER INC

EIN: 921769484 501(c)(3)

WEST PALM BEACH, FL

Total Revenue
$3,248,802
Total Expenses
$3,251,536
Total Assets
$-2,734
Net Assets
$-2,734
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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
FL
Principal Officer
AMANDA SCHUMACHER
Phone
5616832667
Tax Period
2023-01-01 to 2023-12-31

TREE OF LIFE RESOURCE CENTER INC, founded in 2022, is a community nonprofit that reported $3.2M in total revenue in fiscal year 2023.

Mission

THE TREE OF LIFE RESOURCE CENTER IS A NON-PROFIT ORGANIZATION THAT SERVES ALL THE NEEDS OF THE HUMAN HEART THROUGHOUT THE COMMUNITY, TO FAMILIES IN NEED, PROVIDING THEM WITH FOOD CLOTHING, FURNITURE, EMPLOYMENT, MEDICAL, EDUCATION AND OTHER NEEDS. BY PARTNERING WITH OTHER LOCAL COMPANIES AND ORGANIZATIONS, WE ARE ABLE TO SERVE THE GREATER NEED.

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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 $3,248,802
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $3,248,802

Expense Breakdown

Grants Paid $2,881,866
Salaries & Benefits $235,342
Fundraising Expenses $0
Program Expenses $3,225,718
Other Expenses $134,328
TOTAL EXPENSES $3,251,536

Year-over-Year Comparison

2023 2022 Change
Revenue $3,248,802 N/A N/A
Expenses $3,251,536 N/A N/A
Net Income $-2,734 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

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
500

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMANDA SCHUMACHER PRESIDENT 5.00
Officer
$0 $0 $0
CHARLES SCHUMACHER VICE PRESIDE N/A
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 $3,248,802 $3,251,536 $-2,734 $-2,734
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