OPERATION LIFE INC (EIN 222362169) - 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

1980

Legal Domicile

Principal Officer

PATRICIA CARLESIMO

Phone

7324935900

Tax Period

2024-07-01 to 2025-06-30

OPERATION LIFE INC, founded in 1980, is a small nonprofit in the Housing & Shelter sector that reported $641K in total revenue in fiscal year 2024. Revenue surged 27% from the prior year, signaling strong growth momentum. The organization ran a surplus of $263K, a strong 41% operating margin.

Mission

TO PROVIDE HOUSING FOR INDIVIDUALS WITH PHYSICAL DISABILITIES, ENABLING THEM TO LIVE INDEPENDENT, HEALTHY AND SECURE LIVES.

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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 $538,063

Program Service Revenue $103,183

Investment Income $56

Other Revenue $0

TOTAL REVENUE $641,302

Expense Breakdown

Grants Paid $0

Salaries & Benefits $109,641

Fundraising Expenses $0

Program Expenses $305,408

Other Expenses $268,195

TOTAL EXPENSES $377,836

Year-over-Year Comparison

	2024	2023	Change
Revenue	$641,302	$506,750	+0.3%
Expenses	$377,836	$405,504	-0.1%
Net Income	$263,466	$101,246	+1.6%

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

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

$466,987

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VINCENT VIVONA DO JD	VICE-PRESIDENT	0.50	Officer Director	$0	$0	$0
CHRISTINE RUSSELL GRAY	SECRETARY	0.50	Officer Director	$0	$0	$0
STEPHAN LOWY	TREASURER	0.50	Officer Director	$0	$0	$0
NANCY KEGELMAN EDD	TRUSTEE	0.50	Director	$0	$0	$0
VICTOR SBAILO	PRESIDENT	0.50	Officer Director	$0	$0	$0
PATRICIA B CARLESIMO	EXECUTIVE DIRECTOR	1.00	Officer	$0	$59,420	$339,352
CRYSTAL FITZPATRICK	DIRECTOR OF FINANCE	1.00	Officer	$0	$14,257	$127,635

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	$641,302	$377,836	$1,180,331	$263,466
2024	$506,750	$405,504	$871,424	$101,246
2023	$528,799	$487,366	$967,202	$41,433
2022	$481,981	$424,999	$626,678	$56,982
2021	$516,652	$453,018	$693,554	$63,634
2020	$540,390	$478,837	$710,127	$61,553
2019	$563,659	$495,830	$705,225	$67,829
2018	$534,131	$529,121	$688,659	$5,010

OPERATION LIFE INC