LIFE PREP ACADEMY ROGER CHAMBERLAIN

🔒

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

2016

Legal Domicile

Principal Officer

ROGER CHAMBERLAIN

Phone

7632032015

Tax Period

2021-01-01 to 2021-04-30

LIFE PREP ACADEMY ROGER CHAMBERLAIN, founded in 2016, is a micro nonprofit that reported $139K in total revenue in fiscal year 2020. Revenue fell 350% from the prior year — a significant decline worth monitoring.

Mission

WE ARE DEDICATED TO HELPING OUR STUDENTS DEVELOP INTO RESPONSIBLE, CARING AND SELF-SUFFICIENT INDIVIDUALS, PREPARED TO LEAD HAPPY AND PRODUCTIVE LIVES. OUR GOAL IS TO HELP TEENS REACH THEIR POTENTIAL INTELLECTUALLY, EMOTIONALLY, SOCIALLY, PHYSICALLY AND SPIRITUALLY.

Program Service Accomplishments

Program 1

Expenses: $1,737

DEDICATED TO PROVIDING RESIDENTIAL AND EDUCATIONAL SERVICES FOR HOMELESS TEENS.

🔒

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 (2020)

Revenue Breakdown

Contributions & Grants $28

Program Service Revenue $0

Investment Income $-139,347

Other Revenue $0

TOTAL REVENUE $-139,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,737

Other Expenses $2,021

TOTAL EXPENSES $2,021

Year-over-Year Comparison

	2020	2019	Change
Revenue	$-139,319	$55,693	-3.5%
Expenses	$2,021	$70,995	-1.0%
Net Income	$-141,340	$-15,302	+8.2%

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

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
JODI BURNSIDE	BOARD MEMBER	5.00	Director	$0	$0	$0
ROGER CHAMBERLAIN	FINANCIAL DI	5.00	Director	$0	$0	$0
RON HANSON	BOARD MEMBER	5.00	Director	$0	$0	$0
ANTHONY MEZZENGA	BOARD MEMBER	5.00	Director	$0	$0	$0
PAM WOLF SLADEK	DIRECTOR	20.00	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
2021	$-139,319	$2,021	No data	$-141,340
2020	$55,693	$70,995	$141,340	$-15,302
2019	$57,533	$59,199	$156,642	$-1,666
2018	$99,688	$93,688	$158,308	$6,000