LIFE SPRING NETWORK INC (EIN 204307197) - 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

2006

Legal Domicile

Principal Officer

JASON PANKAU

Phone

2032530904

Tax Period

2024-01-01 to 2024-12-31

LIFE SPRING NETWORK INC, founded in 2006, is a small nonprofit in the Religion sector that reported $402K in total revenue in fiscal year 2024. Revenue surged 305% from the prior year, signaling strong growth momentum. The organization ran a surplus of $193K, a strong 48% operating margin.

Mission

TO ESTABLISH RESOURCES AND UNLEASH THE POTENTIAL OF REPRODUCTIVE DISCIPLE MAKING THROUGH CHRISTIAN MENTORING NETWORKS THEIR DESIRE IS TO BUILD A NETWORK OF CHURCHES AND MINISTRIES THAT CONTINUALLY ENCOURAGE AND LEARN FROM ONE ANOTHER ABOUT HOW TO BEST MAKE HOLISTIC REPRODUCTIVE DISCIPLES.

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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 $376,218

Program Service Revenue $0

Investment Income $25,536

Other Revenue $246

TOTAL REVENUE $402,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $163,573

Fundraising Expenses $509

Program Expenses $167,533

Other Expenses $45,177

TOTAL EXPENSES $208,750

Year-over-Year Comparison

	2024	2023	Change
Revenue	$402,000	$99,299	+3.0%
Expenses	$208,750	$36,088	+4.8%
Net Income	$193,250	$63,211	+2.1%

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

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

$53,399

Total Directors

$53,399

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON PANKAU	PRESIDENT	50.00	Officer Director	$26,499	$26,900	$53,399
ELLEN ADAMS	DIRECTOR	2.00	Director	$0	$0	$0
HANK HIGDON	DIRECTOR	2.00	Director	$0	$0	$0
LYN CUSHMAN	DIRECTOR	2.00	Director	$0	$0	$0
MARK CURTIS	DIRECTOR	2.00	Director	$0	$0	$0
MIKE STALLARD	DIRECTOR	2.00	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	$402,000	$208,750	$569,486	$193,250
2023	$99,299	$36,088	$352,608	$63,211
2022	$33,472	$32,556	$289,583	$916
2021	$81,538	$36,835	$288,118	$44,703
2020	$138,617	$157,874	$274,417	$-19,257
2019	$232,026	$195,126	$277,840	$36,900
2018	$233,896	$200,098	$242,719	$33,798

LIFE SPRING NETWORK INC