Life Community Development (EIN 263283011) - 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

Joseph Perkins II

Phone

9012991845

Tax Period

2025-01-01 to 2025-12-31

Life Community Development, founded in 2008, is a community nonprofit in the Crime & Legal sector that reported $1.8M in total revenue in fiscal year 2025. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $395K, a strong 22% operating margin.

Mission

The corporation provides transitional housing for American Veterans, mentally and financially disadvantaged individuals and families

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,779,456

Program Service Revenue $48,236

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,827,692

Expense Breakdown

Grants Paid $0

Salaries & Benefits $972,760

Fundraising Expenses $0

Program Expenses $1,207,920

Other Expenses $460,431

TOTAL EXPENSES $1,433,191

Year-over-Year Comparison

	2025	2024	Change
Revenue	$1,827,692	$1,084,002	+0.7%
Expenses	$1,433,191	$1,139,324	+0.3%
Net Income	$394,501	$-55,322	-8.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Joseph Perkins II	CEO	0.00	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	$1,827,692	$1,433,191	$1,306,510	$394,501
2024	No data	No data	No data	No data
2023	$1,051,464	$1,124,890	$868,970	$-73,426
2022	$1,488,375	$1,580,410	$1,335,400	$-92,035
2021	$1,330,306	$1,749,237	$1,219,348	$-418,931
2020	$2,062,852	$1,984,168	$1,455,848	$78,684
2019	$2,439,075	$1,873,854	$1,375,075	$565,221
2018	$1,765,035	$1,616,766	$834,906	$148,269

Life Community Development