Life Circle (EIN 453265446) - 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

2011

Legal Domicile

Principal Officer

Michael Munson

Phone

5056903323

Tax Period

2024-01-01 to 2024-12-31

Life Circle, founded in 2011, is a small nonprofit in the Health Care sector that reported $425K in total revenue in fiscal year 2024. Revenue surged 86% from the prior year, signaling strong growth momentum. The organization ran a surplus of $112K, a strong 26% operating margin.

Mission

Our mission is to be a place to turn to for elders and their families to balance the many needs associated with aging.

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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 $180,734

Program Service Revenue $244,541

Investment Income $57

Other Revenue $0

TOTAL REVENUE $425,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $221,247

Fundraising Expenses $42,269

Program Expenses $229,367

Other Expenses $91,684

TOTAL EXPENSES $312,931

Year-over-Year Comparison

	2024	2023	Change
Revenue	$425,332	$228,514	+0.9%
Expenses	$312,931	$192,225	+0.6%
Net Income	$112,401	$36,289	+2.1%

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

$69,375

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lea VanMerkestyn	Executive Director	040.00	Key Emp Highest	$69,375	$0	$69,375
Michael Munson	President	004.00	Officer Director	$0	$0	$0
Marcia Prefountaine	Secretary	001.00	Officer Director	$0	$0	$0
Terry Dudding	Treasurer	004.00	Officer Director	$0	$0	$0
Kimberly Berge	Director	010.00	Director	$0	$0	$0
Cindy Rinaldi	Director	006.00	Director	$0	$0	$0
June Tapia	Director	004.00	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	$425,332	$312,931	$185,521	$112,401
2023	$228,514	$192,225	$70,672	$36,289

Life Circle