LIFE ADVOCATES AKA THE KEEPERS CLOSET

EIN: 460829073 501(c)(3)

GILROY, CA

Total Revenue
$208,841
Total Expenses
$200,136
Total Assets
$454,522
Net Assets
$454,522
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
CA
Phone
4088472018
Tax Period
2018-01-01 to 2018-12-31

LIFE ADVOCATES AKA THE KEEPERS CLOSET, founded in 2012, is a small nonprofit that reported $209K in total revenue in fiscal year 2018. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $200K left a modest 4% surplus.

Mission

In the year 2018, the organizations primary exempt purpose was in assisting families, especially those with small children who are lacking in material items such as clothing, baby bottles, diapers, car seats, cribs, blankets, mattresses, play pens, highchairs, etc. The particular community we serve are families who are living in cars, nearby shelters, under bridges, and nearby creeks, etc. who are in desperate need of both food and clothing. These families are below the poverty line by most measures, and most are lacking in nearly everything to support their children. In addition to providing substantial amounts of food and clothing, we also provide baby bottles, diapers, books, toys, and the larger material items (cribs, childrens beds, sheets, blankets, car seats, pack and plays, etc.) for children ages newborn to age 10. Our primary exempt purpose is to assist people, especially young families with children newborn to age 10, to survive in life under extremely difficult circumstance

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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 (2018)

Revenue Breakdown

Contributions & Grants $128,148
Program Service Revenue $0
Investment Income $80,693
Other Revenue $0
TOTAL REVENUE $208,841

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,894
Fundraising Expenses $4,310
Program Expenses $114,514
Other Expenses $185,242
TOTAL EXPENSES $200,136

Year-over-Year Comparison

2018 2017 Change
Revenue $208,841 $161,728 +0.3%
Expenses $200,136 $159,411 +0.3%
Net Income $8,705 $2,317 +2.8%
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

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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
4
Independent Members
3
Employees
1
Volunteers
15

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
4
$4,483
Total Directors
4
$4,483
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Brian D Cunningham President 10.00
Officer Director
$0 $0 $0
Rochelle C Henson Executive Dir. 20.00
Officer Director
$4,483 $0 $4,483
Julie Gozzo Vice President 4.00
Officer Director
$0 $0 $0
Lucretia Nilmeyer Treasurer 2.00
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
2018 $208,841 $200,136 $454,522 $8,705
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