LIFE ENRICHMENT ACADEMY INC (EIN 382483444) - 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

1983

Legal Domicile

Principal Officer

Everett DeHut

Phone

2486417200

Tax Period

2023-10-01 to 2024-09-30

LIFE ENRICHMENT ACADEMY INC, founded in 1983, is a community nonprofit that reported $7.5M in total revenue in fiscal year 2023.

Mission

To empower individuals and enhance their quality of life within an environment that offers an array of comprehensive services. To inspire and encourage participants to grow within a positive, success-oriented environment and to recognize their own self worth, confidence and potential.

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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 (2023)

Revenue Breakdown

Contributions & Grants $7,345,616

Program Service Revenue $171,487

Investment Income $0

Other Revenue $11,039

TOTAL REVENUE $7,528,142

Expense Breakdown

Grants Paid $343,926

Salaries & Benefits $4,005,849

Fundraising Expenses $0

Program Expenses $6,486,280

Other Expenses $3,266,199

TOTAL EXPENSES $7,615,974

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,528,142	$7,440,626	+0.0%
Expenses	$7,615,974	$6,862,334	+0.1%
Net Income	$-87,832	$578,292	-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

Governance

Voting Members

Independent Members

Employees

226

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

$381,513

Total Directors

$1,275

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EVERETT DEHUT	CEO	5	Officer	$0	$3,119	$380,238
TED DEVANTIER	CHAIRMAN	0	Officer Director	$0	$1,275	$1,275
William Fortune	Board Member	0	Director	$0	$0	$0
James Winters	Board Member	0	Director	$0	$0	$0
Jeff Jones	Board Member	0	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	$7,528,142	$7,615,974	$4,962,067	$-87,832
2023	$7,440,626	$6,862,334	$5,286,739	$578,292
2022	$5,689,424	$5,628,705	$3,464,084	$60,719
2021	$3,638,538	$3,689,366	$3,267,299	$-50,828
2020	$3,936,324	$4,033,275	$3,247,563	$-96,951
2018	$7,210,165	$7,037,998	$3,450,000	$172,167

LIFE ENRICHMENT ACADEMY INC