LIVING RESOURCES CORPORATION (EIN 141564208) - 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

1974

Legal Domicile

Principal Officer

ELIZABETH MARTIN

Phone

5182180000

Tax Period

2024-01-01 to 2024-12-31

LIVING RESOURCES CORPORATION, founded in 1974, is a mid-sized nonprofit in the Human Services sector that reported $56.1M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $53.2M left a modest 5% surplus.

Mission

SERVE DEVELOPMENTALLY DISABLED

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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 $915,662

Program Service Revenue $54,560,494

Investment Income $206,105

Other Revenue $415,066

TOTAL REVENUE $56,097,327

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,845,613

Fundraising Expenses $133,530

Program Expenses $46,338,102

Other Expenses $10,395,604

TOTAL EXPENSES $53,241,217

Year-over-Year Comparison

	2024	2023	Change
Revenue	$56,097,327	$51,597,210	+0.1%
Expenses	$53,241,217	$51,156,716	+0.0%
Net Income	$2,856,110	$440,494	+5.5%

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

1099

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

$445,914

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL QUARANTA JR	PRESIDENT	1.00	Officer Director	$0	$0	$0
LAUREL LEI KELLEY	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
CHRISTOPHER MADDEN	TREASURER	1.00	Officer Director	$0	$0	$0
BONITA SANCHEZ	SECRETARY	1.00	Officer Director	$0	$0	$0
ROSE DUHAN	DIRECTOR	1.00	Director	$0	$0	$0
WAYNE DURR	DIRECTOR	1.00	Director	$0	$0	$0
ROY FRUITERMAN	DIRECTOR	1.00	Director	$0	$0	$0
GREG GALLA	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER GREAGAN	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE HECKER	DIRECTOR	1.00	Director	$0	$0	$0
JOHN PADUANO	DIRECTOR	1.00	Director	$0	$0	$0
CATHARINE POTVIN	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
KRISTINA VASELEWSKI	DIRECTOR	1.00	Director	$0	$0	$0
DAVE VENER	DIRECTOR	1.00	Director	$0	$0	$0
MONICA WILSON	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH MARTIN	CEO	40.00	Officer	$232,846	$26,209	$259,055
CLARE GRAHAM	CFO	40.00	Officer	$166,880	$19,979	$186,859
JENNIFER RICHARD	EMPLOYEE	35.00	Highest	$191,836	$25,382	$217,218
JOSEPH MORELLI	EMPLOYEE	35.00	Highest	$138,436	$24,748	$163,184
ANDREA MATTAS	EMPLOYEE	35.00	Highest	$121,210	$24,551	$145,761
ERICA SMITH	EMPLOYEE	35.00	Highest	$126,282	$2,067	$128,349
GWENDOLYN SINGLETON	EMPLOYEE	35.00	Highest	$117,805	$1,179	$118,984

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	$56,097,327	$53,241,217	$32,685,949	$2,856,110
2023	$51,597,210	$51,156,716	$28,006,293	$440,494
2022	$57,469,846	$57,212,601	$26,610,589	$257,245
2021	$48,007,513	$46,423,265	$27,600,860	$1,584,248
2020	$44,278,460	$43,071,775	$24,994,829	$1,206,685
2019	$43,627,435	$43,171,919	$23,572,811	$455,516
2018	$41,548,866	$41,940,366	$22,080,541	$-391,500

LIVING RESOURCES CORPORATION