Life Literature Inc (EIN 454924135) - 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

Lamar Nolt

Phone

9802979460

Tax Period

2023-01-01 to 2023-12-31

Life Literature Inc, founded in 2012, is a small nonprofit in the Religion sector that reported $119K in total revenue in fiscal year 2023. Revenue fell 52% from the prior year — a significant decline worth monitoring. Expenses of $142K exceeded revenue, resulting in a 19% operating deficit.

Mission

To provide sound, scriptural, original and translated literature for mission outreaches, churches, schools, and individuals in Haitian Creole and other various languages.

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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 (2023)

Revenue Breakdown

Contributions & Grants $252,499

Program Service Revenue $0

Investment Income $1,500

Other Revenue $-134,917

TOTAL REVENUE $119,082

Expense Breakdown

Grants Paid $0

Salaries & Benefits $64,327

Fundraising Expenses $0

Program Expenses $141,888

Other Expenses $77,561

TOTAL EXPENSES $141,888

Year-over-Year Comparison

	2023	2022	Change
Revenue	$119,082	$246,862	-0.5%
Expenses	$141,888	$153,096	-0.1%
Net Income	$-22,806	$93,766	-1.2%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Lamar Nolt	Chairman	2.00	Officer Director	$0	$0	$0
Mark Bankston	Treasurer/Secretary	2.00	Officer Director	$0	$0	$0
Lyndon Risser	Assistant Secretary	2.00	Officer Director	$0	$0	$0
Mose Hess	Vice Chairman	2.00	Director	$0	$0	$0
Robert Hursh	Advisor	1.00	Director	$0	$0	$0
Rick Hess	Advisor	0.00	Director	$0	$0	$0
Earl Fox	Advisor	1.00	Director	$0	$0	$0
Gary Wurtz	Advisor	2.00	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	No data	No data	No data	No data
2023	$119,082	$141,888	$1,331,050	$-22,806
2022	$246,862	$153,096	$1,353,886	$93,766
2021	$223,860	$91,756	$1,260,121	$132,104
2020	$333,970	$60,334	$1,291,537	$273,636
2019	$117,772	$71,348	$1,016,722	$46,424
2018	$288,626	$70,148	$1,010,648	$218,478
2017	$186,981	$58,059	$727,624	$128,922

Life Literature Inc