LIFESPLAN INC

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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

1999

Legal Domicile

Principal Officer

MARK ESSENFELD

Phone

6306287169

Tax Period

2024-01-01 to 2024-12-31

LIFESPLAN INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $630K in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. The organization ran a surplus of $145K, a strong 23% operating margin.

Mission

TO PROVIDE EDUCATIONAL OPPORTUNITIES REGARDING LIFE CARE PLANNING AND TRUST OPTIONS TO INDIVIDUALS WITH DISABILITIES AND THEIR FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $336,425 Revenue: $551,626

PROVIDE EDUCATIONAL GUIDANCE AND OPPORTUNITIES TO THOSE WITH SPECIAL NEEDS

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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 $32,637

Program Service Revenue $551,474

Investment Income $45,378

Other Revenue $95

TOTAL REVENUE $629,584

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $336,425

Other Expenses $484,337

TOTAL EXPENSES $484,337

Year-over-Year Comparison

	2024	2023	Change
Revenue	$629,584	$542,361	+0.2%
Expenses	$484,337	$438,307	+0.1%
Net Income	$145,247	$104,054	+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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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

N/A

Volunteers

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
GEORGE BRADSHAW	CHAIRMAN	1.00	Officer Director	$0	$0	$0
MARK ESSENFELD	CO-CHAIR/ TREASURER	1.00	Officer Director	$0	$0	$0
KIM ZOELLER	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN DRAGSTREM	TRUSTEE	1.00	Director	$0	$0	$0
MATTHEW KOUPAL	TRUSTEE	1.00	Director	$0	$0	$0
CONSUELO PUENTE	TRUSTEE	1.00	Director	$0	$0	$0
BRIAN RUBIN	TRUSTEE	1.00	Director	$0	$0	$0
JANE NESBIT	TRUSTEE	1.00	Director	$0	$0	$0
HANNY PEI-RODIRGUEZ	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT NIXON	EXECUTIVE DIRECTOR	40.00	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
2025	No data	No data	No data	No data
2024	$629,584	$484,337	$1,185,828	$145,247
2023	$542,361	$438,307	$1,040,581	$104,054
2022	$503,615	$473,941	$936,527	$29,674
2021	$519,713	$471,564	$906,853	$48,149
2020	$487,945	$411,903	$858,704	$76,042
2019	$401,514	$482,399	$782,662	$-80,885
2018	$431,190	$450,116	$863,547	$-18,926