LIFESPAN OF GREATER ROCHESTER DEVELOPMENT FUND INC (EIN 161403060) - 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

1993

Legal Domicile

Principal Officer

ANN MARIE COOK

Phone

5852448400

Tax Period

2024-04-01 to 2025-03-31

LIFESPAN OF GREATER ROCHESTER DEVELOPMENT FUND INC, founded in 1993, is a community nonprofit in the Human Services sector that reported $2.1M in total revenue in fiscal year 2024. Revenue surged 3574% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.0M, a strong 96% operating margin.

Mission

LIFESPAN OF GREATER ROCHESTER DEVELOPMENT FUND, INC. PROVIDES SUPPORT TO AND OPERATES FOR THE BENEFIT OF LIFESPAN OF GREATER ROCHESTER, INC., A 501(C)(3) ORGANIZATION.

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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 $2,003,001

Program Service Revenue $0

Investment Income $65,121

Other Revenue $0

TOTAL REVENUE $2,068,122

Expense Breakdown

Grants Paid $74,171

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $74,171

Other Expenses $0

TOTAL EXPENSES $74,171

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,068,122	$56,291	+35.7%
Expenses	$74,171	$69,176	+0.1%
Net Income	$1,993,951	$-12,885	-155.7%

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

N/A

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

$452,577

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANN MARIE COOK	PRESIDENT/CEO	1.00	Officer	$0	$31,899	$210,864
KARL HAGEN	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$8,015	$128,841
JODY ROWE	CHIEF OPERATING OFFICER	1.00	Officer	$0	$18,236	$112,872
LARON ROWE PHD	CHAIR	1.00	Officer Director	$0	$0	$0
DR ROBERT MCCANN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LORI JANSEN	TREASURER	1.00	Officer Director	$0	$0	$0
LIZ VEGA	SECRETARY	1.00	Officer Director	$0	$0	$0
BUZ CODE ESQ	MEMBER	1.00	Director	$0	$0	$0
BOB HARTMAN	MEMBER	1.00	Director	$0	$0	$0
MICHAEL KAUFMAN	MEMBER	1.00	Director	$0	$0	$0
DR STEPHEN RYAN	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
2025	$2,068,122	$74,171	$3,965,510	$1,993,951
2024	$56,291	$69,176	$1,845,255	$-12,885
2023	$111,505	$109,599	$1,702,204	$1,906
2022	$74,777	No data	$1,805,494	No data
2021	$845,201	$35,595	$1,769,860	$809,606
2020	$64,377	$30,848	$714,311	$33,529
2019	$47,787	$30,468	$784,722	$17,319
2018	$80,701	$30,618	$772,188	$50,083

LIFESPAN OF GREATER ROCHESTER DEVELOPMENT FUND INC