LIFEGATE SERVICES (EIN 471965877) - 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

Phone

5072024726

Tax Period

2025-01-01 to 2025-12-31

LIFEGATE SERVICES, founded in 2014, is a small nonprofit in the Human Services sector that reported $648K in total revenue in fiscal year 2025. Revenue surged 106% from the prior year, signaling strong growth momentum. The organization ran a surplus of $123K, a strong 19% operating margin.

Mission

PLACE LIVES ARE TOUCHED,HOPE RESTORED

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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 (2025)

Revenue Breakdown

Contributions & Grants $648,316

Program Service Revenue $0

Investment Income $76

Other Revenue $0

TOTAL REVENUE $648,392

Expense Breakdown

Grants Paid $0

Salaries & Benefits $239,410

Fundraising Expenses $0

Program Expenses $515,396

Other Expenses $286,257

TOTAL EXPENSES $525,667

Year-over-Year Comparison

	2025	2024	Change
Revenue	$648,392	$315,346	+1.1%
Expenses	$525,667	$355,760	+0.5%
Net Income	$122,725	$-40,414	-4.0%

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

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
ADEDAYO DOSUMU	MEMBER	0.00	Director	$0	$0	$0
OYEWOLE DOSUMU	PRESIDENT	20.00	Officer	$0	$0	$0
DANIEL ESEKIE	VICE PRESIDENT	0.00	Officer	$0	$0	$0
SUNDAY ODEYINKA	SECRETARY	0.00	Officer	$0	$0	$0
OLUWAKEMI OLA	TREASURER	0.00	Officer	$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
2025	$648,392	$525,667	$103,886	$122,725
2024	$315,346	$355,760	$13,411	$-40,414

LIFEGATE SERVICES