LIFEDESIGNS INC

EIN: 351550876 501(c)(3) Crime & Legal

BLOOMINGTON, IN

Total Revenue
$6,854,700
Total Expenses
$6,405,266
Total Assets
$1,520,800
Net Assets
$1,480,790
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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
1982
Legal Domicile
IN
Principal Officer
SHANNON COLLINS
Phone
8123329615
Tax Period
2024-07-01 to 2025-06-30

LIFEDESIGNS INC, founded in 1982, is a community nonprofit in the Crime & Legal sector that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 21712% from the prior year, signaling strong growth momentum. Expenses of $6.4M left a modest 7% surplus.

Mission

TO PARTNER WITH AND PROMOTE INDEPENDENCE FOR PEOPLE WITH DISABILITIES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $471,664
Program Service Revenue $6,340,618
Investment Income $0
Other Revenue $42,418
TOTAL REVENUE $6,854,700

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,204,198
Fundraising Expenses $0
Program Expenses $5,240,769
Other Expenses $1,201,068
TOTAL EXPENSES $6,405,266

Year-over-Year Comparison

2024 2023 Change
Revenue $6,854,700 $31,426 +217.1%
Expenses $6,405,266 $48,151 +132.0%
Net Income $449,434 $-16,725 -27.9%
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
6
Independent Members
6
Employees
150
Volunteers
15

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
7
$553,914
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID LYNN BOYER BOARD PRESIDENT 1.00
Officer Director
$0 $0 $0
MARK MAJOR VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHANIE ODEN SECRETARY 1.00
Officer Director
$0 $0 $0
BRANDON BISHOP BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD BERRY BOARD MEMBER 1.00
Director
$0 $0 $0
SARAH BURGESS BOARD MEMBER 1.00
Director
$0 $0 $0
ALEX COWAN BOARD MEMBER 1.00
Director
$0 $0 $0
LAURA CARDWELL BOARD MEMBER 1.00
Director
$0 $0 $0
CISCO GONZALES BOARD MEMBER 1.00
Director
$0 $0 $0
SEAN GEORGE THOMASSON BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON MARGARET TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM SHUMM BOARD MEMBER 1.00
Director
$0 $0 $0
SHARON TAYLOR BOARD MEMBER 1.00
Director
$0 $0 $0
STACEY RUPP BOARD MEMBER 1.00
Director
$0 $0 $0
BEN MCDANIEL BOARD MEMBER 1.00
Officer Director
$0 $0 $0
L SHANE BURTON DSI CEO 2.00
Officer
$11,351 $17,053 $244,065
BRIANNE BOLES VP 2.00
Officer
$7,786 $12,466 $168,177
SHANNON COLLINS DSI CFO 2.00
Officer
$6,347 $14,729 $141,672
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 $6,854,700 $6,405,266 $1,520,800 $449,434
2024 No data No data No data No data
2023 $3,869,610 $2,982,099 $860,100 $887,511
2022 $8,218,665 $8,167,497 $12,175,736 $51,168
2021 $10,047,462 $10,607,511 $12,506,879 $-560,049
2020 $12,786,742 $12,332,771 $18,015,889 $453,971
2019 $11,319,063 $12,861,878 $21,103,644 $-1,542,815
2018 $12,722,231 $12,648,569 $22,352,046 $73,662
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