LIFE TIME FOUNDATION (EIN 030533192) - 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

2003

Legal Domicile

Principal Officer

BAHRAM AKRADI

Phone

9522297226

Tax Period

2023-01-01 to 2023-12-31

LIFE TIME FOUNDATION, founded in 2003, is a community nonprofit in the Education sector that reported $2.9M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $2.6M left a modest 8% surplus.

Mission

THE LIFE TIME FOUNDATION, A 501C(3) NONPROFIT CREATED BY LIFE TIME, INC. IS DEDICATED TO INSPIRING HEALTHY PEOPLE, A HEALTHY PLANET, AND A HEALTHY WAY OF LIFE. THROUGH FINANCIAL GRANTS AND DIRECT ACTION, WE SUPPORT YOUTH NUTRITION BY HELPING SCHOOLS SERVE WHOLESOME, NOURISHING, MINIMALLY PROCESSED FOOD TO STUDENTS; YOUTH MOVEMENT BY CHAMPIONING PHYSICAL MOVEMENT PROGRAMS THAT GET CHILDREN ACTIVE AND EXCITED TO MOVE FOR LIFE; AND A HEALTHY PLANET BY SUPPORTING FORESTATION AND CONSERVATION INITIATIVES, SO EVERYONE CAN LIVE HEALTHY, HAPPY LIVES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,797,396

Program Service Revenue $0

Investment Income $0

Other Revenue $65,775

TOTAL REVENUE $2,863,171

Expense Breakdown

Grants Paid $1,847,426

Salaries & Benefits $446,351

Fundraising Expenses $238,895

Program Expenses $2,118,573

Other Expenses $333,464

TOTAL EXPENSES $2,627,241

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,863,171	$2,241,928	+0.3%
Expenses	$2,627,241	$2,579,074	+0.0%
Net Income	$235,930	$-337,146	-1.7%

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

$42,448

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BAHRAM AKRADI	CHAIR AND PRESIDENT	1.00	Officer Director	$0	$0	$0
JAMES SPOLAR	SECRETARY	1.00	Officer Director	$0	$0	$0
AARON SWITZ	DIRECTOR - BOARD MEMBER	1.00	Director	$0	$0	$0
BRITTANY REGER	DIRECTOR - BOARD MEMBER	1.00	Director	$0	$0	$0
CORY SVIHLA	DIRECTOR - BOARD MEMBER	1.00	Director	$0	$0	$0
EMILY AKRADI	DIRECTOR - BOARD MEMBER	1.00	Director	$0	$0	$0
JOHN GRIFFITH	DIRECTOR- BOARD MEMBER	1.00	Director	$0	$0	$0
KATIE HEPLER	DIRECTOR- BOARD MEMBER	1.00	Director	$0	$0	$0
MECHELLE FREEMAN	DIRECTOR - BOARD MEMBER	1.00	Director	$0	$0	$0
TAMI KOZIKOWSKI	DIRECTOR - BOARD MEMBER	1.00	Director	$0	$0	$0
MARNIE WELLS	EXECUTIVE DIRECTOR (END 4/23)	40.00	Officer	$42,448	$0	$42,448
KIMO SEYMOUR	VICE CHAIR, EXECUTIVE DIR. & TREASURER	1.00	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	$2,863,171	$2,627,241	$2,339,847	$235,930
2022	$2,241,928	$2,579,074	$2,205,014	$-337,146
2021	$2,904,635	$2,930,147	$2,791,059	$-25,512
2020	$7,659,854	$7,682,315	$2,614,763	$-22,461

LIFE TIME FOUNDATION