LIFE RESOURCES INC C/O ARCHDIOCESE OF BOSTON

EIN: 042644410 501(c)(3) Crime & Legal

BRAINTREE, MA

Total Revenue
N/A
Total Expenses
$2,235
Total Assets
$200,128
Net Assets
$200,128
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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
1978
Legal Domicile
MA
Principal Officer
J BRYAN HEHIR
Phone
6177465728
Tax Period
2018-07-01 to 2019-06-30

Mission

THE MISSION OF LIFE RESOURCES IS TO SERVE ADOLESCENTS AND THEIR FAMILIES WHO ARE AT RISK OF, OR EXPERIENCING A CRISIS IN THEIR LIVES. LIFE RESOURCES SERVES ALL FAMILIES REGARDLESS OF THEIR RACE, RELIGION OR NATIONAL ORIGIN, WITH ACCEPTANCE, RESPECT AND DIGNITY.

Program Service Accomplishments

Program 1

THE MISSION OF LIFE RESOURCES INC. IS TO SERVE ADOLESCENTS AND THEIR FAMILES WHO ARE AT RISK OF/OR EXPERIENCING CRISIS IN THEIR LIVES. SUBSTANTIAL PROTION OF THE ORGANIZATION'S REVENUE IS FROM ITS...

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THE MISSION OF LIFE RESOURCES INC. IS TO SERVE ADOLESCENTS AND THEIR FAMILES WHO ARE AT RISK OF/OR EXPERIENCING CRISIS IN THEIR LIVES. SUBSTANTIAL PROTION OF THE ORGANIZATION'S REVENUE IS FROM ITS CONTRACTS WITH THE COMMONWEALTH OF MASSACHUSETTS. DUE TO THE SUBSTANTIAL DECLINE IN CONTRACTS FROM THE COMMONWEALTH OF MASSACHUSETTS, THE BOARD OF DIRECTORS ELECTED TO CLOSE ALL PROGRAMS EFFECTIVE JUNE 30, 2014. THE BOARD OF DIRECTORS IS STILL IN THE PROCESS OF DISSOLVING THE ORGANIZATION, INCLUDING THE SALE OF REAL ESTATE AND TRANSFER OF ASSETS TO OTHER NON-PROFIT AGENCIES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $2,235
TOTAL EXPENSES $2,235

Year-over-Year Comparison

2018 2017 Change
Revenue N/A N/A N/A
Expenses $2,235 $26,854 -0.9%
Net Income N/A $-26,854 N/A
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
4
Independent Members
4
Employees
N/A
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
REVEREND PHILLIP B EARLEY SECRETARY/CLERK 2.00
Officer
$0 $0 $0
F BEIRNE LOVELY JR ASSISTANT SECRETARY/CLERK 2.00
Officer
$0 $0 $0
WILLIAM P JOY ASSISTANT SECRETARY/CLERK 2.00
Officer
$0 $0 $0
REVEREND J BRYAN HEHIR PRESIDENT & TREASURER 2.00
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
2019 No data $2,235 $200,128 No data
2018 No data $26,854 $202,363 No data
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