LIVE LIKE JAKE FOUNDATION INC (EIN 471163422) - 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

2014

Legal Domicile

Principal Officer

KERI MORRISON

Phone

5613164924

Tax Period

2024-01-01 to 2024-12-31

LIVE LIKE JAKE FOUNDATION INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $736K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $658K left a modest 11% surplus.

Mission

ORGANIZATIONS MISSION: THE LIVE LIKE JAKE FOUNDATION WAS CREATED TO RAISE AWARENESS FOR DROWNING PREVENTION AND PROVIDE SWIM LESSON SCHOLARSHIPS TO THOSE WHO CANNOT AFFORD THEM AS WELL AS PROVIDE FINANCIAL AND EMOTIONAL SUPPORT TO FAMILIES WHO HAVE LOST A LOVED ONE OR HAVE A CHILD WITH CRITICAL CARE NEEDS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $674,482

Program Service Revenue $54,966

Investment Income $8,902

Other Revenue $-2,426

TOTAL REVENUE $735,924

Expense Breakdown

Grants Paid $0

Salaries & Benefits $159,897

Fundraising Expenses $160,007

Program Expenses $470,724

Other Expenses $497,834

TOTAL EXPENSES $657,731

Year-over-Year Comparison

	2024	2023	Change
Revenue	$735,924	$608,990	+0.2%
Expenses	$657,731	$548,163	+0.2%
Net Income	$78,193	$60,827	+0.3%

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

Volunteers

N/A

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

$84,417

Total Directors

$84,417

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KERI MORRISON	EXECUTIVE DIRECTOR	40.00	Officer Director	$84,417	$0	$84,417
JANIS EVANS	DIRECTOR	0.00	Director	$0	$0	$0
HEATHER LAUGHLIN ATKINS	DIRECTOR	0.00	Director	$0	$0	$0
ROARKE MORRISON	PRESIDENT	0.00	Director	$0	$0	$0
STACY VAN SANTEN	DIRECTOR	0.00	Director	$0	$0	$0
JEANMARIE COOPER	DIRECTOR	0.00	Director	$0	$0	$0
LEE PETEREIT	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	$735,924	$657,731	$904,867	$78,193
2023	$608,990	$548,163	$791,064	$60,827
2022	$654,913	$539,863	$732,924	$115,050
2022	$654,913	$539,863	$732,924	$115,050
2021	$590,412	$443,314	$613,852	$147,098
2020	$303,876	$251,043	$481,532	$52,833
2019	$440,173	$342,627	$413,756	$97,546
2018	$380,360	$246,599	$311,969	$133,761

LIVE LIKE JAKE FOUNDATION INC