LIFE Skills Foundation (EIN 203676000) - 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

2005

Legal Domicile

Principal Officer

Lauren Schewel

Phone

9842192517

Tax Period

2024-01-01 to 2024-06-30

LIFE Skills Foundation, founded in 2005, is a small nonprofit in the Youth Development sector that reported $328K in total revenue in fiscal year 2024. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $442K exceeded revenue, resulting in a 35% operating deficit.

Mission

To empower transition age youth to live stable, self-directed lives by providing them with housing and wraparound support services.

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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 $315,070

Program Service Revenue $0

Investment Income $0

Other Revenue $12,486

TOTAL REVENUE $327,556

Expense Breakdown

Grants Paid $20,567

Salaries & Benefits $308,878

Fundraising Expenses $63,418

Program Expenses $297,433

Other Expenses $112,391

TOTAL EXPENSES $441,836

Year-over-Year Comparison

	2024	2023	Change
Revenue	$327,556	$904,857	-0.6%
Expenses	$441,836	$1,093,707	-0.6%
Net Income	$-114,280	$-188,850	-0.4%

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

Total Directors

$48,717

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Shiesha Bell	Executive Director	40.00	Director	$44,500	$4,217	$48,717
Kathleen Bentley	Director	1.00	Director	$0	$0	$0
Ryan Lockamy	Director	1.00	Director	$0	$0	$0
Calleen Herbert	Director	1.00	Director	$0	$0	$0
Tyonna Hartsfield	Director	1.00	Director	$0	$0	$0
Kara Pittman	Director	1.00	Director	$0	$0	$0
Akeeya Umstead	Director	1.00	Director	$0	$0	$0
Don Fowler	Director	1.00	Director	$0	$0	$0
Sumedha Ariely	Vice Chair	1.00	Officer Director	$0	$0	$0
Lauren Schewel	Chair	1.75	Officer Director	$0	$0	$0
David Klein	Treasurer	1.00	Officer Director	$0	$0	$0
Susan Springer	Secretary	1.00	Officer 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	$327,556	$441,836	$1,522,292	$-114,280
2023	$904,857	$1,093,707	$1,653,114	$-188,850
2022	$554,116	$916,477	$1,880,740	$-362,361
2021	$1,328,688	$767,178	$1,605,470	$561,510
2020	$743,417	$664,189	$1,153,356	$79,228
2019	$632,934	$748,592	$1,179,548	$-115,658
2018	$784,169	$640,882	$1,316,294	$143,287

LIFE Skills Foundation