LifeTies Inc (EIN 222417627) - 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

1981

Legal Domicile

Phone

8566517553

Tax Period

2022-07-01 to 2022-12-31

LifeTies Inc, founded in 1981, is a small nonprofit that reported $765K in total revenue in fiscal year 2022. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $937K exceeded revenue, resulting in a 22% operating deficit.

Mission

Nurturing wellness and self-sufficiency in vulnerable youth , young adults and their families.

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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 (2022)

Revenue Breakdown

Contributions & Grants $437,364

Program Service Revenue $327,824

Investment Income $116

Other Revenue $0

TOTAL REVENUE $765,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $535,282

Fundraising Expenses $27,996

Program Expenses $832,168

Other Expenses $401,573

TOTAL EXPENSES $936,855

Year-over-Year Comparison

	2022	2021	Change
Revenue	$765,304	$2,217,467	-0.7%
Expenses	$936,855	$2,194,547	-0.6%
Net Income	$-171,551	$22,920	-8.5%

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

140

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Bryan Baugh	Trustee	1.00	Director	$0	$0	$0
Richard Catenacci	Trustee	1.00	Director	$0	$0	$0
Kristen Elder	Treasurer	2.00	Officer Director	$0	$0	$0
Maureen Kushmore	Secretary	1.00	Officer Director	$0	$0	$0
Dominique Carroll	Trustee	0.00	Director	$0	$0	$0
Jeffrey Albert	Vice President	1.00	Officer Director	$0	$0	$0
Jeanne Davie	President	2.00	Officer Director	$0	$0	$0
Sherry Bachalis	Trustee	0.00	Director	$0	$0	$0
Asa Paris	Trustee	1.00	Director	$0	$0	$0
Kristen Gurdin	Trustee	1.00	Director	$0	$0	$0
Gerald Magrini	Trustee	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
2022	$2,217,467	$2,194,547	$1,055,243	$22,920
2022	$765,304	$936,855	No data	$-171,551
2021	$2,117,259	$1,985,292	$944,629	$131,967
2020	$2,153,921	$1,943,125	$856,095	$210,796
2019	$2,032,745	$1,912,568	$606,341	$120,177

LifeTies Inc