LIFELONG LEARNING CORPORATION (EIN 371494071) - 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

MARGO KELLEHER

Phone

8603251735

Tax Period

2024-01-01 to 2024-12-31

LIFELONG LEARNING CORPORATION, founded in 2014, is a small nonprofit in the Education sector that reported $537K in total revenue in fiscal year 2024. Net assets of $1.8M represent 40 months of operating reserves.

Mission

LIFELONG LEARNING SUPPORTS LEARNING OPPORTUNITIES FOR CHILDREN AND ADULTS RESIDING IN AFFORDABLE HOUSING COMMUNITIES, PROVIDING COMPUTER ACCESS, EDUCATIONAL AND VOCATIONAL TRAINING OPPORTUNITIES,AND CHILD-CENTERED LEARNING FOR LOW-INCOME FAMILIES AND CHILDREN.

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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 $2,990

Program Service Revenue $480,621

Investment Income $53,131

Other Revenue $0

TOTAL REVENUE $536,742

Expense Breakdown

Grants Paid $4,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $489,997

Other Expenses $518,012

TOTAL EXPENSES $522,012

Year-over-Year Comparison

	2024	2023	Change
Revenue	$536,742	$564,951	0.0%
Expenses	$522,012	$618,115	-0.2%
Net Income	$14,730	$-53,164	-1.3%

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

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
MARGO KELLEHER	PRESIDENT	1.00	Officer Director	$0	$0	$0
BRIAN COURTNEY	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
ALAN COHEN	SECRETARY/TREASURER	1.00	Officer 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	$536,742	$522,012	$3,670,337	$14,730
2023	$564,951	$618,115	$3,595,035	$-53,164
2022	$614,807	$433,133	$2,193,832	$181,674
2021	$427,560	$343,766	$1,832,324	$83,794
2020	$394,933	$248,136	$1,769,963	$146,797
2019	$392,924	$246,049	$1,640,928	$146,875
2018	$412,149	$216,305	$1,452,785	$195,844

LIFELONG LEARNING CORPORATION