CHARLOTTE, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)PROFESSIONAL LIFE ADVISORS NETWORK LTD, founded in 2010, is a small nonprofit in the Community Improvement sector that reported $599K in total revenue in fiscal year 2023. Revenue surged 56% from the prior year, signaling strong growth momentum. The organization ran a surplus of $203K, a strong 34% operating margin.
PROFESSIONAL LIFE ADVISORS NETWORK, LTD. ("PLAN") IS AN INDEPENDENTORGANIZATION WHOSE AIM IS TO ENCOURAGE A HIGH STANDARD OF EXCELLENCEIN THE LIFE INSURANCE INDUSTRY. PLAN'S ACTIVITIES CONSIST OF WEEKLYWEBINARS AND BIANNUAL ON-SITE TRAINING PROGRAMS AIMED AT HELPING ITS MEMBERS BE MORE EFFECTIVE IN THEIR DAY-TO-DAY ACTIVITIES.
PROFESSIONAL LIFE ADVISORS NETWORK (PLAN) IS COMPRISED OF PROMINENTLIFE BROKERAGE AGENCIES ACROSS THE U.S. THAT ARE DEDICATED TO AND HAVEDEPTH OF EXPERIENCE IN ASSISTING FINANCIAL ADVISORS TO DEVELOP...
PROFESSIONAL LIFE ADVISORS NETWORK (PLAN) IS COMPRISED OF PROMINENTLIFE BROKERAGE AGENCIES ACROSS THE U.S. THAT ARE DEDICATED TO AND HAVEDEPTH OF EXPERIENCE IN ASSISTING FINANCIAL ADVISORS TO DEVELOP ANDEXECUTE THE LIFE INSURANCE PLANNING PORTION OF THEIR PRACTICE. PLAN ISSHARPLY FOCUSED ON PROVIDING SUPERIOR POINT-OF-SALE SUPPORT TO THEFINANCIAL ADVISORS WITHIN NATIONAL AND REGIONAL WIREHOUSES. PLAN IS ARECOGNIZED LEADER IN ASSISTING A FIRM'S FINANCIAL ADVISORS TO IDENTIFYLIFE INSURANCE NEEDS, DETERMINE SOLUTIONS, PROVIDE CASE DESIGN ANDSALES ASSISTANCE, AND COMPLETE THE BACKROOM REQUIREMENTS, THUS MAKINGLIFE INSURANCE SIMPLE AND, ULTIMATELY, ENHANCING AND SOLIDIFYINGCUSTOMER RELATIONSHIPS. PLAN CONTINUALLY CONDUCTS TRAINING AND EDUCATIONSESSIONS FOR MEMBERS OF ITS ORGANIZATION.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $599,000 | $384,500 | +0.6% |
| Expenses | $395,647 | $373,069 | +0.1% |
| Net Income | $203,353 | $11,431 | +16.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| PETER GOODE | PRESIDENT (UNTIL 10/2023) | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| THOMAS BELLIG | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| JAMES FARMER | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| STEPHEN GRICE | BOARD MEMBER | 0.50 |
Director
|
$0 | $0 | $0 |
| REX CRETELLA | BOARD MEMBER (AS OF 10/2023) | 0.50 |
Director
|
$0 | $0 | $0 |
| CAROL RANDO | EXECUTIVE DIRECTOR | 30.00 |
Officer
|
$316,850 | $0 | $316,850 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $599,000 | $395,647 | $696,271 | $203,353 |
| 2022 | $384,500 | $373,069 | $492,918 | $11,431 |
| 2021 | $399,500 | $369,797 | $481,487 | $29,703 |
| 2020 | $387,333 | $370,623 | $451,784 | $16,710 |
| 2019 | $384,667 | $765,709 | $601,083 | $-381,042 |
| 2018 | $400,500 | $338,667 | $978,659 | $61,833 |
Compare PROFESSIONAL LIFE ADVISORS NETWORK LTD with other nonprofits in North Carolina and across the country.