THE LIFE CENTER LAND HOLDINGS LL (EIN 264753710) - 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

2012

Legal Domicile

Principal Officer

CHAD DUCOTE

Phone

9858512222

Tax Period

2024-01-01 to 2024-12-31

THE LIFE CENTER LAND HOLDINGS LL, founded in 2012, is a micro nonprofit in the Employment sector that reported $1K in total revenue in fiscal year 2024. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $55K exceeded revenue, resulting in a 5387% operating deficit.

Mission

TO HOLD TITLE TO THE CHURCH PROPERTY, COLLECTING INCOME THERE FROM, AND TURNING OVER THE ENTIRE AMOUNT, LESS EXPENSES, TO ITS AFFILIATE, THE LIFE CHURCH OF HOUMA.

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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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $1,000

TOTAL REVENUE $1,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $54,869

TOTAL EXPENSES $54,869

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,000	$1,850	-0.5%
Expenses	$54,869	$54,869	N/A
Net Income	$-53,869	$-53,019	+0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMANDA DUCOTE	BOARD MEMBER	1.00	Director	$0	$0	$0
CHAD DUCOTE	PRESIDENT	10.00	Officer Director	$0	$0	$0
ADAM SCHMITT	TREASURER/SE	10.00	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
2024	$1,000	$54,869	$1,827,599	$-53,869
2023	$1,850	$54,869	$1,832,599	$-53,019
2022	$18,993	$54,867	$1,876,975	$-35,874
2021	$-6,279	$54,869	$1,907,113	$-61,148
2020	$21,089	$54,867	$1,969,742	$-33,778

THE LIFE CENTER LAND HOLDINGS LL