CODE FOR LIFE USA INC

EIN: 921885645 501(c)(3) Education

NEW YORK, NY

Total Revenue
$369,045
Total Expenses
$250,001
Total Assets
$135,421
Net Assets
$132,267
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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
2023
Legal Domicile
DE
Principal Officer
CHRISTOPHER TROY
Phone
2128890575
Tax Period
2023-07-01 to 2024-06-30

CODE FOR LIFE USA INC, founded in 2023, is a small nonprofit in the Education sector that reported $369K in total revenue in fiscal year 2023. Revenue surged 871% from the prior year, signaling strong growth momentum. The organization ran a surplus of $119K, a strong 32% operating margin.

Mission

TO EQUIP YOUTH AND YOUNG ADULTS IN UNDER-SERVED AND HIGH POVERTY COMMUNITIES, WITH PRACTICAL LIFE SKILLS AND TECHNOLOGICAL PROFICIENCY THEY NEED TO THRIVE IN THE DIGITALLY-DRIVEN ECONOMY.

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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 $368,694
Program Service Revenue $0
Investment Income $351
Other Revenue $0
TOTAL REVENUE $369,045

Expense Breakdown

Grants Paid $0
Salaries & Benefits $188,997
Fundraising Expenses $29,706
Program Expenses $188,119
Other Expenses $61,004
TOTAL EXPENSES $250,001

Year-over-Year Comparison

2023 2022 Change
Revenue $369,045 $38,000 +8.7%
Expenses $250,001 $24,777 +9.1%
Net Income $119,044 $13,223 +8.0%
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
2
Independent Members
2
Employees
8
Volunteers
10

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
3
$45,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD RICKS BOARD CHAIR 5.00
Officer Director
$0 $0 $0
VANCE LEON TREASURER & CLERK 5.00
Officer Director
$0 $0 $0
CHRISTOPHER TROY CEO 5.00
Officer
$45,000 $0 $45,000
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
2025 No data No data No data No data
2024 $369,045 $250,001 $135,421 $119,044
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