LIFEPREP PROJECTS INC (EIN 463420968) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2013

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

LIFEPREP PROJECTS INC, founded in 2013, is a small nonprofit in the Education sector that reported $431K in total revenue in fiscal year 2023. Revenue surged 60% from the prior year, signaling strong growth momentum. The organization ran a surplus of $101K, a strong 23% operating margin.

Mission

OUR ORGANIZATION HAS A PASSION TO SHOW AND TEACH OTHERS HOW TO HEAR AND OBEDIENTLY RESPOND TO THE LIVING GOD THROUGH A ELATIONSHIP WITH JESUS AND THROUGH THE POWER OF HIS HOLY SPIRIT. WE WLL EQUIP STUDENTS WITH THE WORD OF GOD, WISDOWM, AND TRUTH THROUGH HIGH QUALITY CHRISTIAN ED

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $19,890

Program Service Revenue $411,497

Investment Income $0

Other Revenue $0

TOTAL REVENUE $431,387

Expense Breakdown

Grants Paid $0

Salaries & Benefits $166,430

Fundraising Expenses $0

Program Expenses $292,081

Other Expenses $163,637

TOTAL EXPENSES $330,067

Year-over-Year Comparison

	2023	2022	Change
Revenue	$431,387	$269,362	+0.6%
Expenses	$330,067	$286,104	+0.2%
Net Income	$101,320	$-16,742	-7.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

$19,727

Total Directors

$12,899

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANGELA GETTLER	EXECUTIVE DIRECTOR	40.00	Officer Director	$6,828	$0	$6,828
GREG GETTLER	CHAIR	40.00	Officer	$6,828	$0	$6,828
KATHY REECE	SECRETARYTREASURER	15.00	Officer Director	$6,071	$0	$6,071
GEORGE L MATTHEWS SR	DIRECTOR	0.00	Director	$0	$0	$0
KAREN MCNEIL	DIRECTOR	0.00	Director	$0	$0	$0
JANET WARD BLACK	DIRECTOR	0.00	Director	$0	$0	$0
NEIL BOWMAN	DIRECTOR	0.00	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	$431,387	$330,067	$158,916	$101,320
2022	$269,362	$286,104	$55,872	$-16,742
2021	$337,245	$305,706	$72,568	$31,539
2020	$226,649	$221,435	$44,584	$5,214

LIFEPREP PROJECTS INC