LIFE LANE (EIN 263394418) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2009

Legal Domicile

Principal Officer

Marvin Smith

Phone

4796442901

Tax Period

2023-01-01 to 2023-12-31

LIFE LANE, founded in 2009, is a small nonprofit in the Religion sector that reported $247K in total revenue in fiscal year 2023. Revenue surged 124% from the prior year, signaling strong growth momentum. Expenses of $223K left a modest 10% surplus.

Mission

To awaken a spiritual culture within the church that reaches the world. Speaking in churches and weekend experiences to ignite the church. Preaching Counseling Encouraging churches and pastors.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $247,309

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $247,309

Expense Breakdown

Grants Paid $0

Salaries & Benefits $190,700

Fundraising Expenses $0

Program Expenses $201,482

Other Expenses $32,482

TOTAL EXPENSES $223,182

Year-over-Year Comparison

	2023	2022	Change
Revenue	$247,309	$110,299	+1.2%
Expenses	$223,182	$151,123	+0.5%
Net Income	$24,127	$-40,824	-1.6%

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

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

$72,000

Total Directors

$72,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
John Kreamer	President	3.00	Officer Director	$0	$0	$0
Karl Clauson	Executive Director	20.00	Officer Director	$72,000	$0	$72,000
Phil Fogle	Director	1.00	Director	$0	$0	$0
Jess Garness	Director	1.00	Director	$0	$0	$0
Mark Larson	Director	1.00	Director	$0	$0	$0
Nancy Gosewisch	Director	1.00	Director	$0	$0	$0
Marvin Smith	Treasurer Director	2.00	Officer 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
2023	$247,309	$223,182	$28,047	$24,127

LIFE LANE