LIFEPOINT INC (EIN 223859351) - 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

Legal Domicile

Principal Officer

NANCY RYALS

Phone

6824297072

Tax Period

2024-01-01 to 2024-12-31

LIFEPOINT INC is a small nonprofit in the Education sector that reported $141K in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $245K exceeded revenue, resulting in a 74% operating deficit.

Mission

THE MISSION OF LIFEPOINT, INC. IS TO CONDUCT A SCHOOL FOR INDIVIDUALS WITH SPECIAL NEEDS AND PERFORM SUCH OTHER FUNCTIONS AS MAY BE NECESSARY OR APPROPRIATE TO FULFILL THIS PURPOSE.

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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 $12,805

Program Service Revenue $101,175

Investment Income $26,716

Other Revenue $0

TOTAL REVENUE $140,696

Expense Breakdown

Grants Paid $0

Salaries & Benefits $199,655

Fundraising Expenses $0

Program Expenses $225,361

Other Expenses $45,510

TOTAL EXPENSES $245,165

Year-over-Year Comparison

	2024	2023	Change
Revenue	$140,696	$106,348	+0.3%
Expenses	$245,165	$214,214	+0.1%
Net Income	$-104,469	$-107,866	0.0%

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

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

$40,473

Total Directors

$40,473

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NANCY RYALS	EXECUTIVE DI	30.00	Officer Director	$40,473	$0	$40,473
BRIAN RYALS MD	TRUSTEE	1.00	Director	$0	$0	$0
MYRNA WOOD	TRUSTEE	1.00	Director	$0	$0	$0
RAY WOOD	CHAIRMAN	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
2024	$140,696	$245,165	$316,505	$-104,469
2023	$106,348	$214,214	$438,385	$-107,866
2022	$151,673	$195,123	$542,750	$-43,450
2022	$151,673	$195,123	$542,750	$-43,450
2021	$159,498	$188,632	$585,177	$-29,134
2020	$189,703	$208,485	$66,213	$-18,782
2020	$303,002	$214,451	$609,874	$88,551
2019	$221,233	$238,721	$84,995	$-17,488
2019	$662,696	$243,855	$521,324	$418,841
2018	$240,726	$279,543	$106,269	$-38,817

LIFEPOINT INC