Detroit, MI
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LifeBUILDERS, founded in 2006, is a community nonprofit in the Human Services sector that reported $2.4M in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum.
LifeBUILDERS exists to restore dignity and provide hope to the residents of Regent Park, a northeast Detroit neighborhood. We accomplish this in three ways: by empowering youth with life skills, by providing affordable housing and building a community of shared values.
LifeBUILDERS is a faith-based non-profit making strategic investments in Detroits Regent Park neighborhood, all grounded in the love and truth of Gods Word. We are addressing the deficits in...
LifeBUILDERS is a faith-based non-profit making strategic investments in Detroits Regent Park neighborhood, all grounded in the love and truth of Gods Word. We are addressing the deficits in education, public safety, quality, affordable housing and job opportunities for the youth. We are reversing the past 20 years of disinvestment and hopelessness in the 97-block neighborhood by the operation of a Community and Worship Center. LifeBUILDERS has refurbished and operates an apartment complex and 17 homes that are rented at an affordable rate. LifeBUILDERS also serves as property manager for another apartment complex and 10 additional homes. We have converted an abandoned elementary school into a Early Childhood Education Center. continued on Sch O
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,444,402 | $2,008,621 | +0.2% |
| Expenses | $2,499,859 | $1,973,530 | +0.3% |
| Net Income | $-55,457 | $35,091 | -2.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Larry Johnson | Executive Director | 40.00 |
Officer
Director
|
$70,462 | $3,661 | $74,123 |
| Jimmie Smith III | Director | 1.00 |
Director
|
$40,538 | $0 | $40,538 |
| Cristine Stricker | Secretary | 2.00 |
Officer
Director
|
$1,200 | $0 | $1,200 |
| Jason Paulateer | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Sandra Turner-Handy | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Michael Randazzo | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Raymond Solomon II | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Larry Keillor | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tom Veselanak | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Andre Williams | Member | 1.00 |
Director
|
$0 | $0 | $0 |
| Dan Monahan | Chairman | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $2,444,402 | $2,499,859 | $6,295,501 | $-55,457 |
| 2023 | $2,004,546 | $1,969,455 | $6,438,220 | $35,091 |
| 2022 | $2,218,076 | $1,801,528 | $6,143,285 | $416,548 |
| 2021 | $2,593,675 | $2,155,229 | $4,777,776 | $438,446 |
| 2020 | $1,738,108 | $1,387,907 | $4,193,331 | $350,201 |
| 2019 | $1,911,379 | $2,224,949 | $4,068,338 | $-313,570 |
| 2018 | $1,266,070 | $1,163,497 | $4,034,350 | $102,573 |
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