FAMILY LIVES ON FOUNDATION

EIN: 232929922 501(c)(3)

EXTON, PA

Total Revenue
$218,787
Total Expenses
$281,655
Total Assets
$71,189
Net Assets
$67,909
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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
1997
Legal Domicile
PA
Principal Officer
ROBERT FARNAM
Phone
6104581690
Tax Period
2019-07-01 to 2020-06-30

FAMILY LIVES ON FOUNDATION, founded in 1997, is a small nonprofit that reported $219K in total revenue in fiscal year 2019. Expenses of $282K exceeded revenue, resulting in a 29% operating deficit.

Mission

FAMILY LIVES ON FOUNDATION'S MISSION IS TO SUPPORT THE LIFELONG EMOTIONAL WELL-BEING OF CHILDREN WHOSE MOTHER OR FATHER HAS DIED. THE DEATH OF A PARENT IS ONE OF THE MOST TRAUMATIC LIFE EVENTS A CHILD CAN EXPERIENCE. MORE THAN TWO MILLION CHILDREN AND TEENS IN THE US ARE GRIEVING THE DEATHS OF THEIR MOM OR DAD. FAMILY LIVES ON FOUNDATION'S GROUNDBREAKING TRADITION PROGRAM ADDRESSES THREE CRITICAL, AND OFTENTIMES UNMET, NEEDS IN CHILD AND FAMILY BEREAVEMENT SUPPORT. GRIEVING FAMILIES NEED INTRA-FAMILY CONNECTION AND COMMUNICATION, ONGOING SUPPORT, AND CONTINUING EMOTIONAL BOND WITH THEIR DECEASED PARENT. THE TRADITION PROGRAM PROVIDES OPPORTUNITIES FOR INTENTIONAL REMEMBERING, A SAFE HAVEN FOR GRIEF, COMMUNICATION AND CELEBRATION.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $281,242
Program Service Revenue $0
Investment Income $27
Other Revenue $-62,482
TOTAL REVENUE $218,787

Expense Breakdown

Grants Paid $0
Salaries & Benefits $146,003
Fundraising Expenses $36,863
Program Expenses $225,612
Other Expenses $135,652
TOTAL EXPENSES $281,655

Year-over-Year Comparison

2019 2018 Change
Revenue $218,787 $208,389 +0.0%
Expenses $281,655 $342,678 -0.2%
Net Income $-62,868 $-134,289 -0.5%
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

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Governance

Voting Members
14
Independent Members
14
Employees
5
Volunteers
200

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
5
$59,875
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONY COSTANZO PRESIDENT 15.00
Officer Director
$0 $0 $0
ROBERT FARNAM TREASURER 2.00
Officer Director
$0 $0 $0
MIGUEL BAPTISTA VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
PETER HOMSHER DIRECTOR 1.00
Director
$0 $0 $0
DENNIS COSGROVE DIRECTOR 1.00
Director
$0 $0 $0
ALEXIS DICLEMENTE DIRECTOR 1.00
Director
$0 $0 $0
KRIS MESSNER SECRETARY 1.00
Officer Director
$0 $0 $0
JOHN RIZZO DIRECTOR 1.00
Director
$0 $0 $0
MITCHELL MESSINGER DIRECTOR 1.00
Director
$0 $0 $0
FRANK EPINGER DIRECTOR 1.00
Director
$0 $0 $0
KELLY BECKER EXEC DIRECTOR 60.00
Officer
$0 $0 $59,875
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
2020 $218,787 $281,655 $71,189 $-62,868
2019 $208,389 $342,678 $135,239 $-134,289
2018 $327,500 $360,794 $288,240 $-33,294
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