LIFESOURCE INC (EIN 454734120) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2011

Legal Domicile

Principal Officer

Robin Ladner

Phone

2564762975

Tax Period

2024-01-01 to 2024-12-31

LIFESOURCE INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $283K in total revenue in fiscal year 2021. Expenses of $263K left a modest 7% surplus.

Mission

Lifesource serves the most under-served segment of our society - those in the criminal justice system who struggle with addiction. Lifesource is a residential recovery program with 3 houses. 1 house for women and children, 1 house for men, and a graduate house for females.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $11,518

Program Service Revenue $633,636

Investment Income $0

Other Revenue $0

TOTAL REVENUE $645,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $117,209

Fundraising Expenses $0

Program Expenses $623,330

Other Expenses $506,121

TOTAL EXPENSES $623,330

Year-over-Year Comparison

	2024	2023	Change
Revenue	$645,154	$578,603	+0.1%
Expenses	$623,330	$560,300	+0.1%
Net Income	$21,824	$18,303	+0.2%

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

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
Nathan Ladner	Director	1.00	Director	$0	$0	$0
Alex Joiner	Director	1.00	Director	$0	$0	$0
Tina Cooper	Director	1.00	Director	$0	$0	$0
Robin Ladner	Executive Director	30.00	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
2024	$645,154	$623,330	$90,414	$21,824
2023	$578,603	$560,300	$68,590	$18,303
2022	$475,844	$435,328	$77,503	$40,516
2021	$283,238	$262,879	$36,987	$20,359

LIFESOURCE INC