LIFESPAN EXTENSION ADVOCACY FOUNDATION

EIN: 465328762 501(c)(3) Medical Research

SEAFORD, NY

Total Revenue
$780,897
Total Expenses
$1,007,029
Total Assets
N/A
Net Assets
N/A
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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
2014
Legal Domicile
NY
Principal Officer
KEITH COMITO
Phone
5162422048
Tax Period
2024-01-01 to 2024-10-04

LIFESPAN EXTENSION ADVOCACY FOUNDATION, founded in 2014, is a small nonprofit in the Medical Research sector that reported $781K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO PROMOTE THE ADVANCEMENT OF BIOMEDICAL TECHNOLOGIES WHICH INCREASE HUMAN LIFESPAN.

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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 (2024)

Revenue Breakdown

Contributions & Grants $520,769
Program Service Revenue $0
Investment Income $220,215
Other Revenue $39,913
TOTAL REVENUE $780,897

Expense Breakdown

Grants Paid $360,590
Salaries & Benefits $199,424
Fundraising Expenses $48,324
Program Expenses $833,022
Other Expenses $447,015
TOTAL EXPENSES $1,007,029

Year-over-Year Comparison

2024 2023 Change
Revenue $780,897 $923,776 -0.2%
Expenses $1,007,029 $1,333,942 -0.2%
Net Income $-226,132 $-410,166 -0.4%
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

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Governance

Voting Members
8
Independent Members
3
Employees
N/A
Volunteers
11

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
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH COMITO PRESIDENT & SECRETARY 7.40
Officer Director
$0 $0 $0
OLIVER MEDVEDIK VP 11.50
Officer Director
$0 $0 $0
RICHARD KAUFMAN TREASURER 2.00
Officer Director
$0 $0 $0
ANDREW AIELLO BOARD MEMBER 2.00
Director
$0 $0 $0
PAUL SPIEGEL BOARD MEMBER 3.50
Director
$0 $0 $0
STEVE HILL BOARD MEMBER 25.50
Director
$0 $0 $0
JAVIER NORIS BOARD MEMBER 5.50
Director
$0 $0 $0
STEPHANIE DAINOW EXECUTIVE DIRECTOR 40.00
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
2024 $780,897 $1,007,029 No data $-226,132
2023 $923,776 $1,333,942 $737,240 $-410,166
2022 $1,216,278 $1,031,097 $956,404 $185,181
2021 $1,293,938 $946,021 $866,190 $347,917
2020 $540,050 $358,636 $501,630 $181,414
2019 $571,910 $558,880 $326,466 $13,030
2018 $648,898 $399,128 $309,248 $249,770
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