LIFE DIRECTION INC PROJECT HOMELESS

EIN: 341553894 501(c)(3) Human Services

CLEVELAND, OH

Total Revenue
$9,380
Total Expenses
$15,890
Total Assets
$26,311
Net Assets
$-31,184
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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
1987
Legal Domicile
OH
Principal Officer
LINDA J MILLER
Phone
2169267570
Tax Period
2023-01-01 to 2023-12-31

LIFE DIRECTION INC PROJECT HOMELESS, founded in 1987, is a micro nonprofit in the Human Services sector that reported $9K in total revenue in fiscal year 2023. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $16K exceeded revenue, resulting in a 69% operating deficit.

Mission

PROVIDING FOOD, CLOTHING AND SHELTER TO LOW INCOME FAMILIES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $9,380
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $9,380

Expense Breakdown

Grants Paid $0
Salaries & Benefits $120
Fundraising Expenses $120
Program Expenses $14,366
Other Expenses $15,770
TOTAL EXPENSES $15,890

Year-over-Year Comparison

2023 2022 Change
Revenue $9,380 $17,672 -0.5%
Expenses $15,890 $20,659 -0.2%
Net Income $-6,510 $-2,987 +1.2%
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

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Governance

Voting Members
2
Independent Members
2
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
1
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HERBERT M SCHWARTZ TRUSTEE 2.00
Director
$0 $0 $0
LINDA J MILLER SECRETARY 50.00
Officer
$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 No data No data No data No data
2023 $9,380 $15,890 $26,311 $-6,510
2022 $17,672 $20,659 $29,732 $-2,987
2021 $11,402 $15,276 $32,353 $-3,874
2020 $11,480 $14,025 $36,227 $-2,545
2019 $13,366 $17,760 $38,772 $-4,394
2018 $16,419 $18,158 $43,366 $-1,739
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