Center For Transforming Lives

Nonprofit profile at a glance

EIN
750829389
IRS 990 coverage
2014–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024
Location
Fort Worth, Texas, USA
Phone
(817) 332-6191
Rating
86
Verdict
STRONG
Rating confidence
Standard
Sector
Young Men's or Women's Associations

Official website

Reported finances

Revenue
$26,652,336
Expenses
$20,946,553
Assets
$36,061,249
Liabilities
$4,575,448

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

22 people listed

Executive titles in this filing

  • SCOTT LYDICK (BOARD PRESIDENT)
  • CAROL KLOCEK (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • CAROL KLOCEK (CHIEF EXECUTIVE OFFICER): $394,056 total reported compensation
  • JASON RICHARDSON (CHIEF FINANCIAL OFFICER): $237,527 total reported compensation
  • CARLYE TYLER (CHIEF PROGRAM OFFICER): $157,917 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Center for Transforming Lives partners with single mothers and their children so they can thrive.

What it reported doing in 2024

Economic mobility services offers financial coaching, financial education, and microenterprise support. We served 407 adults with the average increase in income of $1,399 a month, provided $40,000 in funding to entrepreneurs to help them grow their small businesses. 13 small businesses were established through our microenterprise program.ctl's clinical counseling services (ccs) program is dedicated to increasing the emotional well-being of women, children, and families and utilizes evidence-based, trauma-informed therapeutic modalities. The therapeutic interventions utilized have been identified as effective in meeting the needs, behaviors, demographics, and symptomology of the individuals and families served. Ccs offers filial therapy with young children from birth to 4 years old, child-centered play therapy for children ages 4 and up, traditional talk therapy for adolescents, and traditional talk therapy for adults. In addition, ccs offers individual, couples, family, and group counseling. All services are provided at no cost to the participant. Therapy is provided by licensed therapists and/or master's level student interns under the supervision of an independently licensed clinician and is available to any ctl participant or member of a participant's household. In the last fiscal year, ccs served 180 individuals for a total of 3,019 hours of counseling/therapy. Additionally, ccs tracks outcomes such as numbers served, achievement of treatment goals, and reduction of trauma symptoms.

Operating model

Revenue model
Grant-funded. 66% of the money available for current operations came from government grants.
Distribution model
Hybrid. The nonprofit split its reported program spending across 71% for direct work, and 29% for grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 73
  • Transparency & Controls: 96
  • Accountability: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 75.8%; rating input score 76
  • Program expense ratio: 74%; rating input score 74
  • Fundraising efficiency: $21.94 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 21.4%; rating input score 83; 83rd percentile among comparable filings
  • Total-asset coverage ratio: 1.72; rating input score 56; 56th percentile among comparable filings
  • Liabilities to assets ratio: 0.13; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 6.2%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 12.8% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 17.5% per year; rating input score 100; 90th percentile among comparable filings
  • Asset growth: 27.9% per year; rating input score 100; 95th percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 75.8% of revenue deployed · 74% of spending went to programs
  • Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
  • Programs: 4 filed program accomplishments · $15.5M in reported program spending
  • Leadership: top reported pay $394K · 22 people listed · 5 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.5M reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 8 filed schedules · includes major donors, grants, executive pay, and related organizations
  • Filing history: 11 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 2 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Fundraising efficiency scored 59/100.
  • Review — Sustainability: Total-asset coverage ratio scored 56/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.