LIFE CHALLENGE OF MICHIGAN INC (EIN 010929801) - Form 990 Financial Analysis & Trantor Score

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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

2009

Legal Domicile

Principal Officer

JACK MOSLEY

Phone

5174374454

Tax Period

2024-04-01 to 2025-03-31

LIFE CHALLENGE OF MICHIGAN INC, founded in 2009, is a small nonprofit in the Human Services sector that reported $283K in total revenue in fiscal year 2024. Revenue surged 56% from the prior year, signaling strong growth momentum.

Mission

Provide strong Christian faith-based solutions for the personal development of men and women with life-controlling problems. Hold high standards that help our students

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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 (2024)

Revenue Breakdown

Contributions & Grants $30,300

Program Service Revenue $226,447

Investment Income $0

Other Revenue $25,945

TOTAL REVENUE $282,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $250,323

Other Expenses $280,210

TOTAL EXPENSES $280,210

Year-over-Year Comparison

	2024	2023	Change
Revenue	$282,692	$181,043	+0.6%
Expenses	$280,210	$186,225	+0.5%
Net Income	$2,482	$-5,182	-1.5%

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

Independent Members

Employees

Volunteers

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK MOSLEY	EXECUTIVE DIRECTOR	30.00	Officer Director	$12,000	$0	$12,000
RON LONGMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
JIM GRAVES	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
BECKI JAEGER	SECRETARY	1.00	Officer Director	$0	$0	$0
CINDY PLACER-POWELL	TREASURER	15.00	Officer Director	$0	$0	$0
TERRY HELMICK	DIRECTOR	1.00	Director	$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
2025	$282,692	$280,210	$31,731	$2,482
2024	$181,043	$186,225	$33,249	$-5,182
2023	$338,044	$209,766	$38,431	$128,278
2022	$207,323	$207,040	$163,953	$283
2021	$116,563	$106,889	$279,717	$9,674
2020	$292,049	$185,185	$282,109	$106,864
2019	$189,624	$170,347	$279,002	$19,277

LIFE CHALLENGE OF MICHIGAN INC