LIFETRACK RESOURCES INC (EIN 410874507) - 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

1948

Legal Domicile

Principal Officer

CURTIS KNUTSON

Phone

6512278471

Tax Period

2021-01-01 to 2021-07-01

LIFETRACK RESOURCES INC, founded in 1948, is a community nonprofit that reported $2.0M in total revenue in fiscal year 2020. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $4.5M exceeded revenue, resulting in a 121% operating deficit.

Mission

TO DEVELOP THE STRENGTHS WITHIN CHILDREN, FAMILIES, AND ADULTS FACING THE GREATEST LIFE CHALLENGES.

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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 (2020)

Revenue Breakdown

Contributions & Grants $1,963,357

Program Service Revenue $37,425

Investment Income $8,827

Other Revenue $32,208

TOTAL REVENUE $2,041,817

Expense Breakdown

Grants Paid $2,468,468

Salaries & Benefits $1,279,571

Fundraising Expenses $41,537

Program Expenses $4,095,244

Other Expenses $755,296

TOTAL EXPENSES $4,509,335

Year-over-Year Comparison

	2020	2019	Change
Revenue	$2,041,817	$4,250,968	-0.5%
Expenses	$4,509,335	$4,551,077	0.0%
Net Income	$-2,467,518	$-300,109	+7.2%

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

115

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
WAYNE JARVIS	CHAIR	1.00	Officer Director	$0	$0	$0
BONNIE RUSS	VICE CHAIR	1.00	Officer Director	$0	$0	$0
CHARLES DURANT	TREASURER	1.00	Officer Director	$0	$0	$0
MICHELE VAILLANCOURT	SECRETARY	1.00	Officer Director	$0	$0	$0
CRAIG GRAY	DIRECTOR	1.00	Director	$0	$0	$0
TRAVIS HINTZ	DIRECTOR	1.00	Director	$0	$0	$0
KIM MIKROT	DIRECTOR	1.00	Officer	$0	$0	$0
MARGARET MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
MATT O'TOOLE	DIRECTOR	1.00	Director	$0	$0	$0
DAN PROKOTT	DIRECTOR	1.00	Director	$0	$0	$0
NICK THOEMKE	DIRECTOR	1.00	Director	$0	$0	$0
TC TONG	DIRECTOR	1.00	Director	$0	$0	$0
CURTIS KNUTSON	PRESIDENT	40.00	Officer	$0	$0	$0
CHRIS THOMPSON	INTERIM CFO	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
2021	$2,041,817	$4,509,335	No data	$-2,467,518
2020	$4,250,968	$4,551,077	$3,566,053	$-300,109
2019	$4,546,555	$5,833,341	$3,958,487	$-1,286,786
2018	$5,290,081	$6,035,702	$4,103,967	$-745,621

LIFETRACK RESOURCES INC