Life Town Inc (EIN 454435140) - 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

2012

Legal Domicile

Principal Officer

RABBI ZALMAN GROSSBAUM

Phone

9732510203

Tax Period

2024-07-01 to 2025-06-30

Life Town Inc, founded in 2012, is a community nonprofit in the Human Services sector that reported $1.9M in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. The organization ran a surplus of $461K, a strong 24% operating margin.

Mission

LifeTown is an inclusive center that provides immersive educational, recreational, and therapeutic experiences for individuals with special needs.

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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 $1,170,071

Program Service Revenue $569,889

Investment Income $155,417

Other Revenue $0

TOTAL REVENUE $1,895,377

Expense Breakdown

Grants Paid $0

Salaries & Benefits $212,678

Fundraising Expenses $42,614

Program Expenses $1,260,617

Other Expenses $1,221,200

TOTAL EXPENSES $1,433,878

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,895,377	$2,360,642	-0.2%
Expenses	$1,433,878	$1,048,646	+0.4%
Net Income	$461,499	$1,311,996	-0.6%

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

N/A

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

$193,134

Total Directors

$193,134

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RABBI ZALMAN GROSSBAUM	CHAIRMAN AND CEO	20.0	Officer Director	$0	$107,134	$193,134
DAVID ORBACH	PRESIDENT	1.0	Officer Director	$0	$0	$0
BARRY LEFKOWITZ	VICE PRESIDENT	1.0	Officer Director	$0	$0	$0
STEVEN SIMON	TREASURER	1.0	Officer Director	$0	$0	$0
DARA ORBACH	SECRETARY	1.0	Officer Director	$0	$0	$0
RENEE AVERBACH	DIRECTOR	1.0	Director	$0	$0	$0
BRENDAN BERGER	DIRECTOR	1.0	Director	$0	$0	$0
ANDREA BERSHAD	DIRECTOR	1.0	Director	$0	$0	$0
JEFFREY BERSHAD	DIRECTOR	1.0	Director	$0	$0	$0
MARISA BERSHAD	DIRECTOR	1.0	Director	$0	$0	$0
PHILIP BERSHAD	DIRECTOR	1.0	Director	$0	$0	$0
MELODY M BLOCK	DIRECTOR	1.0	Director	$0	$0	$0
DROR FROMMER	DIRECTOR	1.0	Director	$0	$0	$0
PAULA GOTTESMAN	DIRECTOR	1.0	Director	$0	$0	$0
ABBI HALPERN	DIRECTOR	1.0	Director	$0	$0	$0
CARYL HIRSCH	DIRECTOR	1.0	Director	$0	$0	$0
LAUREN JACOBS-LAZER	DIRECTOR	1.0	Director	$0	$0	$0
SCOTT KRIEGER	DIRECTOR	1.0	Director	$0	$0	$0
MARK LEBOVITCH	DIRECTOR	1.0	Director	$0	$0	$0
MARCI LEFKOVITS	DIRECTOR	1.0	Director	$0	$0	$0
SCOTT LESHIN	DIRECTOR	1.0	Director	$0	$0	$0
BARRY LEVINE	DIRECTOR	1.0	Director	$0	$0	$0
JACKIE LEVINE	DIRECTOR	1.0	Director	$0	$0	$0
DR BARBARA LISTHAUS	DIRECTOR	1.0	Director	$0	$0	$0
SHEREE MANDELBAUM	DIRECTOR	1.0	Director	$0	$0	$0
JAY MURNICK	DIRECTOR	1.0	Director	$0	$0	$0
EUGENE NEGRIN	DIRECTOR	1.0	Director	$0	$0	$0
ROBERT RABINOWITZ	DIRECTOR	1.0	Director	$0	$0	$0
JUNE SCHECHNER	DIRECTOR	1.0	Director	$0	$0	$0
JONATHAN SCHWARTZ	DIRECTOR	1.0	Director	$0	$0	$0
DANIEL SERVISS	DIRECTOR	1.0	Director	$0	$0	$0
AVI SHUA	DIRECTOR	1.0	Director	$0	$0	$0
MARA SIMON	DIRECTOR	1.0	Director	$0	$0	$0
LORI SOLOMON	DIRECTOR	1.0	Director	$0	$0	$0
JONAH ZIMILES	DIRECTOR	1.0	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
2025	$1,895,377	$1,433,878	$18,860,963	$461,499
2024	$2,360,642	$1,048,646	$18,835,097	$1,311,996
2023	$1,970,247	$901,349	$18,187,988	$1,068,898
2022	$932,717	$907,781	$17,348,711	$24,936
2021	$1,038,024	$771,856	$17,640,347	$266,168
2020	$1,030,275	$1,103,954	$18,112,241	$-73,679
2019	$1,462,948	$416,448	$17,622,652	$1,046,500
2018	$3,169,889	$436,200	$17,798,886	$2,733,689

Life Town Inc