ASCENT FOR LIFE INC (EIN 471660459) - 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

TONY LANGTIMM

Phone

4143506064

Tax Period

2023-01-01 to 2023-12-31

ASCENT FOR LIFE INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $174K in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year.

Mission

THE ORGANIZATION SERVES COMMUNITY MEMBERS WITH MENTAL HEALTH MAINTENANCE AND RECOVERY NEEDS. THROUGH COLLABORATION WITH MENTAL HEALTH PROFESSIONALS INDIVIDUALS RECEIVE COMPLIMENTARY MIND AND BODY MOVEMENT THERAPY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $173,691

Investment Income $0

Other Revenue $0

TOTAL REVENUE $173,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $89,683

Fundraising Expenses $0

Program Expenses $163,644

Other Expenses $95,264

TOTAL EXPENSES $184,947

Year-over-Year Comparison

	2023	2022	Change
Revenue	$173,691	$205,764	-0.2%
Expenses	$184,947	$216,061	-0.1%
Net Income	$-11,256	$-10,297	+0.1%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ANTHONY LANGTIMM	ADMINISTRATIVE DIRECTOR	5.00	Officer Director	$0	$0	$0
CATIA FIGUEIREDO	PROGRAM DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$173,691	$184,947	$31,728	$-11,256
2022	$205,764	$216,061	$25,971	$-10,297
2021	$287,333	$289,197	$45,727	$-1,864
2020	$168,753	$165,181	$48,214	$3,572
2019	$68,770	$71,254	$48,602	$-2,484
2018	$269,279	$261,909	$32,723	$7,370

ASCENT FOR LIFE INC