LIFE RESOURCES OF NORTHERN MICHIGAN INC (EIN 383580489) - 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

2001

Legal Domicile

Principal Officer

DAVID MCMAHON

Phone

2317751545

Tax Period

2024-01-01 to 2024-12-31

LIFE RESOURCES OF NORTHERN MICHIGAN INC, founded in 2001, is a small nonprofit in the Human Services sector that reported $603K in total revenue in fiscal year 2024. The organization ran a surplus of $118K, a strong 20% operating margin.

Mission

PROVIDE CRISIS PREGNANCY SERVICES

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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 $567,833

Program Service Revenue $0

Investment Income $24,853

Other Revenue $10,603

TOTAL REVENUE $603,289

Expense Breakdown

Grants Paid $0

Salaries & Benefits $282,609

Fundraising Expenses $41,537

Program Expenses $371,498

Other Expenses $202,747

TOTAL EXPENSES $485,356

Year-over-Year Comparison

	2024	2023	Change
Revenue	$603,289	$559,606	+0.1%
Expenses	$485,356	$426,467	+0.1%
Net Income	$117,933	$133,139	-0.1%

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

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	Role	Reportable Comp	Other Comp	Total
DAVID MCMAHON	CHAIR	Officer Director	$0	$0	$0
DIANE KRATZ	SECRETARY	Officer Director	$0	$0	$0
DAWN EWALD	DIRECTOR	Director	$0	$0	$0
MICHAEL SMITH	TREASURER	Officer Director	$0	$0	$0
DEAN DEKRYGER	DIRECTOR	Director	$0	$0	$0
JONATHAN DENNIS	DIRECTOR	Director	$0	$0	$0
SHELLY HURRELL	DIRECTOR	Director	$0	$0	$0
MARY ZANDSTRA	DIRECTOR	Director	$0	$0	$0
BRIDGET ROBERTS	EXECUTIVE DIRECTOR	Key Emp	$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	$603,289	$485,356	$1,710,049	$117,933
2023	$559,606	$426,467	$1,559,580	$133,139
2022	$602,893	$370,058	$1,471,835	$232,835
2021	$563,917	$319,242	$1,283,765	$244,675
2020	$513,232	$353,278	$1,210,805	$159,954
2019	$467,198	$350,693	$1,113,053	$116,505
2018	$404,059	$351,618	$1,078,320	$52,441

LIFE RESOURCES OF NORTHERN MICHIGAN INC