LIFE PRACTICE COUNSELING GROUP INC

EIN: 263411961 501(c)(3) Mental Health

SACRAMENTO, CA

Total Revenue
$1,517,105
Total Expenses
$1,293,245
Total Assets
$523,542
Net Assets
$523,542
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
CA
Principal Officer
CARISA SHERWOOD
Phone
9167724955
Tax Period
2024-01-01 to 2024-12-31

LIFE PRACTICE COUNSELING GROUP INC, founded in 2008, is a community nonprofit in the Mental Health sector that reported $1.5M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 15% surplus.

Mission

LIFE PRACTICE COUNSELING GROUP IS A NON PROFIT COUNSELING AGENCY OFFERING FEES ON A SLIDING SCALE TO THE GREATER SACRAMENTO AREA BASED ON MONTHLY INCOME OR THE CLIENT'S ABILITY TO PAY. WE HAVE TWO PURPOSES. ONE PURPOSE IS AS A CHARITABLE ORGANIZATION TO THE SURROUNDING COMMUNITIES OFFERING COUNSELING SERVICES AT A LOW COST TO SERVE THE UNDER-PRIVILEGED AND LOW TO MIDDLE CLASS POPULATIONS THAT WOULD NOT OTHERWISE BE ABLE TO AFFORD COUNSELING SERVICES OR WHO DO NOT HAVE MENTAL HEALTH INSURANCE. THE SECOND PURPOSE IS TO BE A TRAINING FACILITY FOR THERAPIST'S WHO ARE COLLECTING HOURS TO OBTAIN THEIR LICENSES. THIS IS HOW WE ARE ABLE TO PROVIDE LOW FEES. OUR MISSION BOTH AS A TRAINING FACILITY AND A CHARITABLE ORGANIZATION IS TO PROVIDE THE MOST PROFESSIONAL, ETHICAL, AND KNOWLEDGEABLE CLINICAL TREATMENT.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,514,007
Investment Income $3,098
Other Revenue $0
TOTAL REVENUE $1,517,105

Expense Breakdown

Grants Paid $0
Salaries & Benefits $889,433
Fundraising Expenses $0
Program Expenses $1,188,392
Other Expenses $403,812
TOTAL EXPENSES $1,293,245

Year-over-Year Comparison

2024 2023 Change
Revenue $1,517,105 $1,146,877 +0.3%
Expenses $1,293,245 $1,161,110 +0.1%
Net Income $223,860 $-14,233 -16.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
27
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
4
$244,700
Total Directors
4
$244,700
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARISA SHERWOOD President & CEO 40.00
Officer Director
$244,700 $0 $244,700
JAIME ZEZINI Treasurer CFO 5.00
Officer Director
$0 $0 $0
ANDREA MERLINO Secretary 5.00
Officer Director
$0 $0 $0
PAUL SINOGUI Vice President 5.00
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
2025 No data No data No data No data
2024 $1,517,105 $1,293,245 $523,542 $223,860
2023 $1,146,877 $1,161,110 $299,682 $-14,233
2022 $1,077,083 $1,068,921 $313,915 $8,162
2021 $1,027,813 $973,255 $305,753 $54,558
2020 $902,029 $858,002 $251,195 $44,027
2019 $872,538 $802,304 $207,168 $70,234
2018 $832,842 $825,789 $136,934 $7,053
Explore More Nonprofits
Top 100 Nonprofits in California Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LIFE PRACTICE COUNSELING GROUP INC with other nonprofits in California and across the country.