LIFE-SKILLS INC (EIN 042483176) - Form 990 Financial Analysis & Trantor Score

🔒

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

1970

Legal Domicile

Principal Officer

MARY BELLEZZA

Phone

5083478181

Tax Period

2023-07-01 to 2024-06-30

LIFE-SKILLS INC, founded in 1970, is a mid-sized nonprofit in the Health Care sector that reported $19.8M in total revenue in fiscal year 2023.

Mission

TO PROVIDE DAY HABILITATIVE SUPPORT SERVICES TO THOSE WITH DEVELOPMENTAL DISABILITIES.

🔒

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 $12,690

Program Service Revenue $19,726,129

Investment Income $29,960

Other Revenue $13,158

TOTAL REVENUE $19,781,937

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,115,100

Fundraising Expenses $6,839

Program Expenses $18,277,718

Other Expenses $6,960,818

TOTAL EXPENSES $20,075,918

Year-over-Year Comparison

	2023	2022	Change
Revenue	$19,781,937	$18,917,733	+0.0%
Expenses	$20,075,918	$18,300,351	+0.1%
Net Income	$-293,981	$617,382	-1.5%

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

Employees

412

Volunteers

N/A

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
JANICE SMITH	SECRETARY	1.00	Officer Director	$0	$0	$0
NANCY NOONAN	PRESIDENT	0.50	Officer Director	$0	$0	$0
MICHAEL TOOMEY	DIRECTOR	0.50	Director	$0	$0	$0
PAUL HAUGHEY	DIRECTOR	0.50	Director	$0	$0	$0
SHANNON BURNS	DIRECTOR	0.50	Director	$0	$0	$0
MARC MARTIN	TREASURER	0.50	Officer Director	$0	$0	$0
KENNETH FAIRCLOUGH	DIRECT CARE	40.00	Highest	$169,578	$7,786	$177,364
JENNIFER RUANNE	DIRECT CARE	40.00	Highest	$147,126	$19,241	$166,367
TERESA MEJIA	DIRECT CARE	40.00	Highest	$132,055	$5,000	$137,055
VICTOR KUDEDZI	DIRECT CARE	40.00	Highest	$124,526	$16,365	$140,891
ASHLEY SAVOIE	DIRECT CARE	40.00	Highest	$111,341	$0	$111,341
J THOMAS AMICK	FORMER CEO	35.00		$118,449	$22,815	$141,264

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	$19,781,937	$20,075,918	$11,081,043	$-293,981
2023	$18,917,733	$18,300,351	$11,784,496	$617,382
2022	$18,550,942	$17,763,851	$10,791,305	$787,091
2021	$17,176,140	$16,618,824	$10,327,537	$557,316
2020	$17,339,295	$17,135,439	$9,745,887	$203,856
2018	$16,969,192	$16,630,687	$8,584,581	$338,505

LIFE-SKILLS INC