Life Centers of Ventura County (EIN 331053595) - 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

2014

Legal Domicile

Principal Officer

Jim Scanlon

Phone

8054862721

Tax Period

2024-01-01 to 2024-12-31

Life Centers of Ventura County, founded in 2014, is a small nonprofit in the Human Services sector that reported $373K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $344K left a modest 8% surplus.

Mission

The Organizations mission is to provide life-affirming services and education to women and families facing troubled pregnancies and to educate the community about the sanctity of human life from conception to natural death.

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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 $191,522

Program Service Revenue $0

Investment Income $4,468

Other Revenue $177,445

TOTAL REVENUE $373,435

Expense Breakdown

Grants Paid $0

Salaries & Benefits $181,348

Fundraising Expenses $0

Program Expenses $271,862

Other Expenses $162,368

TOTAL EXPENSES $343,716

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,435	$338,504	+0.1%
Expenses	$343,716	$365,259	-0.1%
Net Income	$29,719	$-26,755	-2.1%

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
Michele Loughman	Member	35.00	Officer Director	$0	$0	$0
Sean Duffy	Treasurer	0.40	Officer Director	$0	$0	$0
Jim Scanlon	Chairman	0.40	Officer Director	$0	$0	$0
Monica Seeley	Vice Chair	0.40	Officer Director	$0	$0	$0
Mike Durocher	Member	0.40	Director	$0	$0	$0
Paul Collier	Member	0.40	Director	$0	$0	$0
Linda Hewitt	Member	0.40	Officer Director	$0	$0	$0
Aimee Lopez	Member	0.00	Director	$0	$0	$0
Catherine Frankenfield	Member	0.00	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	$373,435	$343,716	$263,939	$29,719
2023	$338,504	$365,259	$238,227	$-26,755
2022	$267,948	$331,783	$291,034	$-63,835
2021	$346,188	$327,840	$364,389	$18,348
2020	$245,758	$180,004	$355,243	$65,754
2019	$207,286	$219,046	$273,921	$-11,760
2018	$169,776	$159,684	$290,687	$10,092

Life Centers of Ventura County