LIFE IMPACT INC (EIN 050562732) - 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

NATHAN LAGRANGE

Phone

5415503732

Tax Period

2024-01-01 to 2024-12-31

LIFE IMPACT INC, founded in 2003, is a community nonprofit in the Religion sector that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year.

Mission

TO PROVIDE HOSPITALITY AND SPIRITUAL CARE FOR PASTORS, GLOBAL WORKERS, AND CHRISTIAN LEADERS AS THEY EXPERIENCE R.E.S.T: RETREAT, ENCOURAGEMENT, SAFETY, TRANSFORMATION.

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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 $1,914,155

Program Service Revenue $0

Investment Income $32,645

Other Revenue $0

TOTAL REVENUE $1,946,800

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,397,930

Fundraising Expenses $62,257

Program Expenses $1,907,094

Other Expenses $710,494

TOTAL EXPENSES $2,108,424

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,946,800	$2,065,927	-0.1%
Expenses	$2,108,424	$1,864,234	+0.1%
Net Income	$-161,624	$201,693	-1.8%

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

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

$117,000

Total Directors

$117,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NATHAN LAGRANGE	EXECUTIVE DI	40.00	Officer Director	$117,000	$0	$117,000
BRIAN SUNDERLAND	PRESIDENT	1.00	Director	$0	$0	$0
JOHN UM	BOARD MEMBER	1.00	Director	$0	$0	$0
SHANNON JOHNSON	BOARD MEMBER	1.00	Director	$0	$0	$0
JASON CURTIS	BOARD MEMBER	1.00	Director	$0	$0	$0
ALAN STARR	BOARD MEMBER	1.00	Director	$0	$0	$0
PRESTON BYRD	BOARD TREASU	1.00	Director	$0	$0	$0
RON STOHLER	BOARD MEMBER	1.00	Director	$0	$0	$0
MATTHEW GILLETTE	BOARD MEMBER	1.00	Director	$0	$0	$0
JAMES MADISON	BOARD MEMBER	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
2024	$1,946,800	$2,108,424	$815,260	$-161,624
2023	$2,065,927	$1,864,234	$952,757	$201,693
2022	$1,873,123	$2,094,596	$805,003	$-221,473
2021	$1,853,051	$1,606,137	$923,963	$246,914
2020	$1,544,920	$1,315,552	$785,594	$229,368
2019	$1,270,510	$1,189,849	$405,951	$80,661
2018	$916,713	$1,020,089	$323,476	$-103,376

LIFE IMPACT INC