TREE OF LIFE RESOURCE CENTER INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

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.

Program Service Accomplishments

Program 1

Expenses: $3,225,718

WHEN THE TREE OF LIFE RESOURCE CENTER BEGAN, IT HELD A MONTHLY FOOD DISTRIBUTION AT THE PALM BEACH OUTLETS WHEREIN 500 FAMILIES WERE SERVED PROTEINS, DAIRY, FRESH FRUITS AND VEGETABLES THROUGH THEIR PARTNERSHIP WITH FARM SHARE FOR OVER 2 YEARS. IT HAS SINCE GROWN INTO 5,000 SQUARE FEET OF WAREHOUSE AND OFFICE SPACE LOCATED IN CENTRAL PALM BEACH COUNTY, NOW SERVING OVER 450 FAMILIES A WEEK AT THIS LOCATION. WE CONTINUE TO PARTNER WITH OTHER LOCAL COMPANIES AND ORGANIZATIONS, ENABLING US TO SERVE THE GREATER NEED.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

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

Total Directors

Key Employees

Highest Compensated

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