Lifespan Family Services of PA Inc

EIN: 452372563 501(c)(3) Human Services

Punxsutawney, PA

Total Revenue
$4,753,722
Total Expenses
$4,456,329
Total Assets
$3,495,502
Net Assets
$3,072,959
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
PA
Principal Officer
Dustin Bingaman MSW
Phone
8149384408
Tax Period
2023-07-01 to 2024-06-30

Lifespan Family Services of PA Inc, founded in 2011, is a community nonprofit in the Human Services sector that reported $4.8M in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $4.5M left a modest 6% surplus.

Mission

Our organization is dedicated to providing foster care services for children and adolescents from birth through age 21. We recruit, train, and support foster parents to ensure a safe, nurturing environment in which to thrive. In addition to foster care, we offer a range of adoption services. These include family evaluations, approval processing, and specialized training to prepare adoptive families for successful placement. Our goal is to create stable, loving homes for children whether temporarily or permanently.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,263
Program Service Revenue $4,729,848
Investment Income $11,513
Other Revenue $6,098
TOTAL REVENUE $4,753,722

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,678,729
Fundraising Expenses $0
Program Expenses $4,320,437
Other Expenses $2,777,600
TOTAL EXPENSES $4,456,329

Year-over-Year Comparison

2023 2022 Change
Revenue $4,753,722 $4,152,886 +0.1%
Expenses $4,456,329 $3,872,289 +0.2%
Net Income $297,393 $280,597 +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

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Governance

Voting Members
7
Independent Members
7
Employees
53
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
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Richard Alexander Board Member 1.00
Director
$0 $0 $0
Ken Cirollo Board Member 2.00
Director
$0 $0 $0
Dustin Bingaman MSW Chairman 2.00
Officer Director
$0 $0 $0
John Hilliard BS Vice Chairman 1.00
Officer Director
$0 $0 $0
Tammy Meholock Board Member 0.00
Director
$0 $0 $0
Samantha Blair Board Member 1.00
Director
$0 $0 $0
Edgar Doerr III 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 $4,753,722 $4,456,329 $3,495,502 $297,393
2023 $4,152,886 $3,872,289 $2,970,448 $280,597
2022 $3,600,093 $3,450,280 $2,704,317 $149,813
2021 $4,500,138 $3,694,252 $2,568,880 $805,886
2020 $4,144,218 $3,549,093 $1,939,476 $595,125
2019 $3,592,450 $3,354,571 $988,791 $237,879
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