Low Income Family Empowerment Inc (EIN 261349896) - 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

2008

Legal Domicile

Principal Officer

Peter Lifari

Phone

3032272075

Tax Period

2023-01-01 to 2023-12-31

Low Income Family Empowerment Inc, founded in 2008, is a micro nonprofit in the Human Services sector that reported $78K in total revenue in fiscal year 2023. Revenue fell 82% from the prior year — a significant decline worth monitoring. Expenses of $208K exceeded revenue, resulting in a 166% operating deficit.

Mission

Supportive services for low income individuals.

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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 (2023)

Revenue Breakdown

Contributions & Grants $66,888

Program Service Revenue $0

Investment Income $11,284

Other Revenue $0

TOTAL REVENUE $78,172

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $201,018

Other Expenses $207,732

TOTAL EXPENSES $207,732

Year-over-Year Comparison

	2023	2022	Change
Revenue	$78,172	$446,511	-0.8%
Expenses	$207,732	$25,642	+7.1%
Net Income	$-129,560	$420,869	-1.3%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Peter LiFari	Board President	0.10	Officer Director	$0	$0	$0
Hannah Brown	Board Member	0.10	Director	$0	$0	$0
Veronica Perez	Board Member	0.10	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	No data	No data	No data	No data
2023	$78,172	$207,732	$369,209	$-129,560
2022	$446,511	$25,642	$508,725	$420,869
2021	$222,118	$221,285	$95,863	$833
2020	$187,664	$194,160	$79,903	$-6,496
2019	$200,984	$204,795	$73,542	$-3,811
2018	$290,294	$297,192	$143,293	$-6,898

Low Income Family Empowerment Inc