MONTCLAIR, NJ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIFE MANAGEMENT INC, founded in 1997, is a community nonprofit in the Human Services sector that reported $9.1M in total revenue in fiscal year 2024. Revenue surged 412% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.2M, a strong 68% operating margin.
TO PROMOTE THE QUALITY OF LIFE FOR INDIVIDUALS VULNERABLE TO CRISIS OF DAILY LIVING DUE TO AGE, DISABILITY OR SOCIO-ECONOMIC STATUS, AND FOSTER AFFORDABLE HOUSING.
LIFE MANAGEMENT PROVIDES SOCIAL SERVICE PROGRAMS TO 13 AFFORDABLE HOUSING PROJECTS LOCATED THROUGHOUT ESSEX AND HUDSON COUNTIES. THE SERVICES PROVIDED BY LIFE MANAGEMENT INCLUDE, EDUCATIONAL, HEALTH...
LIFE MANAGEMENT PROVIDES SOCIAL SERVICE PROGRAMS TO 13 AFFORDABLE HOUSING PROJECTS LOCATED THROUGHOUT ESSEX AND HUDSON COUNTIES. THE SERVICES PROVIDED BY LIFE MANAGEMENT INCLUDE, EDUCATIONAL, HEALTH AND FITNESS AND SOCIAL ACTIVITIES FOR BOTH ADULTS AND CHILDREN. THE SERVICES ARE FREE TO THE RESIDENTS OF THESE HOUSING PROJECTS AND ARE DONE THROUGH STAFF AND CONSULTANTS PAID FOR BY LIFE MANAGEMENT TOTALING 1,023 HOUSEHOLDS AND APPROXIMATELY 6,000 HOURS, AS WELL AS 688 ADULT EDUCATION PROGRAMS, 405 CHILDREN'S WORKSHOPS, AND 87 HEALTH WORKSHOPS.
LIFE MANAGEMENT INC. PROVIDES ASSISTANCE TO 231 SENIOR CITIZENS IN THE FORM OF RESIDENTIAL MAINTENANCE PROGRAMS.
LIFE MANAGEMENT, INC. PROVIDES ASSISTANCE TO SENIOR CITIZENS AND CAREGIVERS BY INSTALLING RAMPS, STAIRLIFTS, GRAB BARS; AND HAND RAILS, AS WELL AS SMOKE DETECTORS AND LIGHTS INSIDE AND OUTSIDE...
LIFE MANAGEMENT, INC. PROVIDES ASSISTANCE TO SENIOR CITIZENS AND CAREGIVERS BY INSTALLING RAMPS, STAIRLIFTS, GRAB BARS; AND HAND RAILS, AS WELL AS SMOKE DETECTORS AND LIGHTS INSIDE AND OUTSIDE, CONTRACTORS ARE ALSO PAID TO REPAIR STAIRS, FLOORS, AND OTHER CONDITIONS THAT IMPEDE MOBILITY OF THE SENIOR AND CAREGIVERS.
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 | $9,116,547 | $1,781,675 | +4.1% |
| Expenses | $2,915,293 | $912,847 | +2.2% |
| Net Income | $6,201,254 | $868,828 | +6.1% |
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 |
|---|---|---|---|---|---|---|
| BARBARA HAVLIK | CHAIRPERSON/EXEC. DIRECTOR | 20.00 |
Officer
Director
|
$109,950 | $0 | $109,950 |
| ELLEN PARETTI | VICE CHAIRPERSON/OPS. DIR. | 20.00 |
Officer
Director
|
$57,000 | $0 | $57,000 |
| DEBRA NEIER | TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| BETH ALBERT | SECRETARY | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $9,116,547 | $2,915,293 | $98,478,864 | $6,201,254 |
| 2023 | $1,781,675 | $912,847 | $95,390,910 | $868,828 |
| 2022 | $8,824,111 | $729,625 | $80,451,042 | $8,094,486 |
| 2021 | $2,659,436 | $841,837 | $54,620,732 | $1,817,599 |
| 2021 | $2,659,436 | $841,837 | $54,620,732 | $1,817,599 |
| 2020 | $832,962 | $768,495 | $31,557,161 | $64,467 |
| 2019 | $819,312 | $736,674 | $27,267,401 | $82,638 |
| 2018 | $893,637 | $856,803 | $13,324,726 | $36,834 |
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