LIFE ESSENTIALS INC

EIN: 311324922 501(c)(3)

DAYTON, OH

Total Revenue
$415,481
Total Expenses
$444,032
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
OH
Principal Officer
ROSALIE MAKRIDIS
Phone
9375860545
Tax Period
2019-07-01 to 2020-03-31

LIFE ESSENTIALS INC, founded in 1991, is a small nonprofit that reported $415K in total revenue in fiscal year 2019. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

THE MISSION OF LIFE ESSENTIALS IS TO BE THE COMMUNITY LEADER INPROVIDING PROFESSIONAL, PERSON-CENTERED SERVICES TO ENHANCE THEWELL-BEING OF VULNERABLE ADULTS.

Program Service Accomplishments

Program 1
Expenses: $284,185 Revenue: $68,959

GUARDIANSHIP - THE PROGRAM PROVIDES SUPPORT FOR THOSE DEEMED MENTALLYINCOMPETENT BY THE PROBATE COURT AND THAT DO NOT HAVE ANY FAMILYWILLING OR CAPABLE OF MAKING SOUND DECISIONS FOR THEM. LIFE...

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GUARDIANSHIP - THE PROGRAM PROVIDES SUPPORT FOR THOSE DEEMED MENTALLYINCOMPETENT BY THE PROBATE COURT AND THAT DO NOT HAVE ANY FAMILYWILLING OR CAPABLE OF MAKING SOUND DECISIONS FOR THEM. LIFE ESSENTIALSTRAINS VOLUNTEERS AND EMPLOYS STAFF TO TAKE ON THIS CRITICAL ROLE ASGUARDIAN. GUARDIANS WORK WITH THEIR CLIENTS TO ENSURE THE CLIENT HASTHE BEST POSSIBLE LIFE AND LIVES IN THE LEAST RESTRICTIVE ENVIRONMENT.GUARDIANS FUNCTION AS THE ADVOCATE AND ENSURE THE SAFETY AND WELL-BEINGOF THEIR CLIENTS. BEING A GUARDIAN IS A SIGNIFICANT RESPONSIBILITY; ONETHAT PROTECTS THE RIGHTS AND DIGNITY OF A FELLOW HUMAN BEING. INCURRENT YEAR, 279 CLIENTS RECEIVED 3,375 INTERVENTIONS. VOLUNTEERSPROVIDED SERVICES VALUED AT $20,388 NOT INCLUDED IN SERVICE HOURS.

Program 2
Expenses: $38,198 Revenue: $46,505

CHUMS - THE PROGRAM IS INTENDED TO ENHANCE THE QUALITY OF LIFE FORCHUMS CLIENTS BY EQUIPPING THEM WITH TOOLS THAT PROMOTE SELF-MANAGEMENTOF THEIR MENTAL ILLNESS. LIFE ESSENTIALS STAFF FACILITATE THE...

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CHUMS - THE PROGRAM IS INTENDED TO ENHANCE THE QUALITY OF LIFE FORCHUMS CLIENTS BY EQUIPPING THEM WITH TOOLS THAT PROMOTE SELF-MANAGEMENTOF THEIR MENTAL ILLNESS. LIFE ESSENTIALS STAFF FACILITATE THE PROGRAMBY COMBINING EDUCATION, NETWORKING AND BEHAVIORAL ACTIVATION SERVICES.PARTICIPANTS, AGES 50 YEARS AND OLDER, LEARN COMMON THEMES THATCONTRIBUTE TO THEIR RECOVERY AND SKILLS TO HELP MAINTAIN THEIRINDEPENDENCE, BOND WITH PEOPLE IN SIMILAR SITUATIONS AND TAKE BACKCONTROL OF THEIR LIVES. IN CURRENT YEAR, 17 CLIENTS RECEIVED 673 HOURSOF SERVICE.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $299,521
Program Service Revenue $115,464
Investment Income $48
Other Revenue $448
TOTAL REVENUE $415,481

Expense Breakdown

Grants Paid $0
Salaries & Benefits $340,430
Fundraising Expenses $41,588
Program Expenses $339,465
Other Expenses $103,602
TOTAL EXPENSES $444,032

Year-over-Year Comparison

2019 2018 Change
Revenue $415,481 $526,745 -0.2%
Expenses $444,032 $576,399 -0.2%
Net Income $-28,551 $-49,654 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
11
Volunteers
75

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
6
$85,012
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELI SPERRY PRESIDENT 2.00
Officer Director
$0 $0 $0
JOE SZOKE VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MARION JACKSON TRESURER 2.00
Officer Director
$0 $0 $0
TED GUDORF SECRETARY 2.00
Officer Director
$0 $0 $0
ROSS E SZLAG TRUSTEE 2.00
Director
$0 $0 $0
JULIA M BELDEN TRUSTEE 2.00
Director
$0 $0 $0
LINDA CROUCH-ROEPKEN EXECUTIVE DIRECTOR 37.50
Officer
$51,490 $6,407 $57,897
CATHY SHOUP BOOKKEEPER 26.25
Officer
$26,583 $532 $27,115
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
2020 $415,481 $444,032 No data $-28,551
2019 $526,745 $576,399 $187,788 $-49,654
2018 $535,114 $534,181 $236,818 $933
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