LIFE SERVICES ALTERNATIVES INC (EIN 043642025) - 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

2002

Legal Domicile

Principal Officer

DANA HOOPER

Phone

4087273493

Tax Period

2024-07-01 to 2025-06-30

LIFE SERVICES ALTERNATIVES INC, founded in 2002, is a mid-sized nonprofit in the Human Services sector that reported $19.1M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $18.4M left a modest 4% surplus.

Mission

TO PROVIDE COMMUNITY-BASED LIVING AND SERVICES FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES.

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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 $18,815,271

Program Service Revenue $20,320

Investment Income $249,375

Other Revenue $0

TOTAL REVENUE $19,084,966

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,965,569

Fundraising Expenses $177,364

Program Expenses $15,754,913

Other Expenses $4,437,029

TOTAL EXPENSES $18,402,598

Year-over-Year Comparison

	2024	2023	Change
Revenue	$19,084,966	$17,377,626	+0.1%
Expenses	$18,402,598	$17,346,885	+0.1%
Net Income	$682,368	$30,741	+21.2%

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

216

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

$225,321

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN PENCER	PRESIDENT	0.50	Officer Director	$0	$0	$0
TINA UNDERWOOD	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
MICHAEL PHILLIPS	TREASURER	0.50	Officer Director	$0	$0	$0
CHRISTINE WANG	SECRETARY	0.50	Officer Director	$0	$0	$0
CHRIS BURKE	BOARD MEMBER	0.50	Director	$0	$0	$0
SANDRA CASTELLANO	BOARD MEMBER	0.50	Director	$0	$0	$0
GREG DALZELL	BOARD MEMBER	0.50	Director	$0	$0	$0
MIMI GIANNINI	BOARD MEMBER	0.50	Director	$0	$0	$0
DAVID HOVDA	BOARD MEMBER	0.50	Director	$0	$0	$0
MAURICE LEIBENSTERN	BOARD MEMBER	0.50	Director	$0	$0	$0
BOB MARSHALLA	BOARD MEMBER	0.50	Director	$0	$0	$0
STEVEN MINCHEN	BOARD MEMBER	0.50	Director	$0	$0	$0
LEE NELSON	BOARD MEMBER	0.50	Director	$0	$0	$0
MATTHEW NORRIS	BOARD MEMBER UNTIL 12/24	0.50	Director	$0	$0	$0
RAMASWAMY RANGANATHAN	BOARD MEMBER	0.50	Director	$0	$0	$0
SUPRIYA RAO	BOARD MEMBER AS OF 03/25	0.50	Director	$0	$0	$0
AHMED TAUFIQ	BOARD MEMBER	0.50	Director	$0	$0	$0
OLENKA VILLARREAL	BOARD MEMBER UNTIL 09/24	0.50	Director	$0	$0	$0
BRUCE WOLFE	BOARD MEMBER	0.50	Director	$0	$0	$0
DANA HOOPER	EXECUTIVE DIRECTOR	48.00	Officer	$202,179	$23,142	$225,321
DUANE WONG	CHIEF FINANCIAL OFFICER	48.00	Highest	$147,540	$39,294	$186,834
SHARMEAN HEFFERNAN	VP PROGRAM OPERATIONS	48.00	Highest	$136,318	$5,626	$141,944
JOSEPH LANSANA	HOME ADMINISTRATOR	48.00	Highest	$122,706	$16,013	$138,719
ARMIE TANCINCO	HOME ADMINISTRATOR	48.00	Highest	$130,265	$4,186	$134,451
SUSAN LERITZ	VP PROGRAM OPERATIONS	48.00	Highest	$119,960	$18,345	$138,305

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	$19,084,966	$18,402,598	$17,443,750	$682,368
2024	No data	No data	No data	No data
2023	$16,352,116	$15,794,643	$16,037,529	$557,473
2022	$15,641,529	$14,439,829	$13,153,576	$1,201,700
2021	$14,807,401	$14,159,421	$12,383,174	$647,980
2020	$12,410,241	$12,485,975	$10,754,963	$-75,734
2019	$11,665,059	$11,408,851	$10,351,719	$256,208
2018	$11,602,160	$10,887,078	$9,048,574	$715,082

LIFE SERVICES ALTERNATIVES INC