EXPLORING LIFE INC (EIN 412158605) - 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

Legal Domicile

Phone

7852281523

Tax Period

2024-01-01 to 2024-12-31

EXPLORING LIFE INC is a community nonprofit in the Human Services sector that reported $1.1M in total revenue in fiscal year 2024. Revenue fell 27% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 23% operating deficit.

Mission

TO ASSIST INDIVIDUALS WITH INTELLECTUAL DISABILITIES

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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 $0

Program Service Revenue $1,141,495

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,141,495

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,088,811

Fundraising Expenses $0

Other Expenses $312,173

TOTAL EXPENSES $1,400,984

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,141,495	$1,555,419	-0.3%
Expenses	$1,400,984	$1,531,434	-0.1%
Net Income	$-259,489	$23,985	-11.8%

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

N/A

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

$218,598

Total Directors

Key Employees

$158,846

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARY STAFFORD	PRESIDENT	40.00	Officer Key Emp Highest	$158,846	$0	$158,846
RACHAEL LAMOND	VICE PRESIDENT	40.00	Officer	$59,752	$0	$59,752
JULIE MURPHY	VICE PRESIDENT	N/A	Officer	$0	$0	$0
KATHI SLUSSER	TREASUER	N/A	Officer	$0	$0	$0
PATRICIA STAFFORD	SECRETARY	N/A	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
2024	$1,141,495	$1,400,984	$72,062	$-259,489
2023	$1,555,419	$1,531,434	$108,411	$23,985
2022	$1,682,454	$1,698,935	$84,426	$-16,481
2021	$1,393,281	$1,384,613	$100,907	$8,668
2020	$1,087,839	$1,001,971	$92,239	$85,868
2018	$815,843	$813,996	$33,805	$1,847

EXPLORING LIFE INC