LIFE MISSION TRAINING CENTER

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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

1970

Legal Domicile

Principal Officer

ADAM KRELL

Phone

6095618105

Tax Period

2024-09-01 to 2025-08-31

LIFE MISSION TRAINING CENTER, founded in 1970, is a small nonprofit that reported $334K in total revenue in fiscal year 2024. Net assets of $1.2M represent 43 months of operating reserves.

Mission

TO ESTABLISH AND MAINTAIN A SCHOOL TO TRAIN YOUNG PEOPLE IN THE MINISTRY OF EVANGELISM FOR THE PROMOTION OF THE GOSPEL OF JESUS CHRIST THROUGHOUT THE WORLD AND TO ENCOURAGE AND ENLIST THE SERVICES AND TALENTS FROM EVERY VOCATION AND BACKGROUND AS MISSIONARIES OR "GOODWILL AMBASSADORS" IN SUPPORT AND FURTHERANCE OF THE GOSPEL MINISTRY.

Program Service Accomplishments

Program 1

Expenses: $139,856

EQUIPMENT MAINTENANCE AND RENTALS - MAINTAINING EQUIPMENT NECESSARY FOR THE OPERATIONS OF THE OFFICE AND PROPERTY AND DEPRECIATION

Program 2

Expenses: $129,035

SUPPLIES RELATED TO KITCHEN, OFFICE AND SCHOOL

Program 3

Expenses: $54,921

TRAINING SCHOOL HOUSING FOR 30-40 PEOPLE

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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 $229,520

Program Service Revenue $80,740

Investment Income $17,212

Other Revenue $6,317

TOTAL REVENUE $333,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $323,812

Other Expenses $323,812

TOTAL EXPENSES $323,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$333,789	$344,014	0.0%
Expenses	$323,812	$308,613	+0.0%
Net Income	$9,977	$35,401	-0.7%

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

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	Role	Reportable Comp	Other Comp	Total
ADAM KRELL	President	Officer	$0	$0	$0
AUSTIN HARDING III	Vice President	Officer	$0	$0	$0
Jon Trevillyan	Treasurer	Officer	$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
2025	$333,789	$323,812	$1,291,661	$9,977
2024	$344,014	$308,613	$1,197,568	$35,401
2023	$280,093	$284,884	$1,158,315	$-4,791
2022	$243,756	$255,471	$1,173,507	$-11,715
2021	$262,684	$253,963	$1,175,473	$8,721
2020	$266,735	$243,201	$1,168,544	$23,534
2019	$275,099	$236,075	$1,155,150	$39,024