LIFE HOUSE MINISTRIES INC

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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

TIM REID

Phone

3346364356

Tax Period

2025-01-01 to 2025-12-31

LIFE HOUSE MINISTRIES INC, founded in 2014, is a small nonprofit in the Human Services sector that reported $177K in total revenue in fiscal year 2025. Revenue decreased 18% compared to the prior year.

Mission

A MINISTRY WHICH SEEKS TO REACH ALL PEOPLE WITH THE LIFE-CHANGING MESSAGE OF JESUS CHRIST THROUGH COUNSELING, PREACHING, TEACHING AND LIFE-COACHING WITH A SPECIAL FOCUS AND EMPHASIS ON REACHING YOUNG PEOPLE.

Program Service Accomplishments

Program 1

Expenses: $172,560 Revenue: $177,250

COMMUNITY OUTREACH (FOCUSING ON THE YOUTH) THROUGH COUNSELING, PREACHING, TEACHING, AND LIFE COACHING.

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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 $177,250

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $177,250

Expense Breakdown

Grants Paid $58,250

Salaries & Benefits $114,310

Fundraising Expenses $0

Program Expenses $172,560

Other Expenses $6,872

TOTAL EXPENSES $179,432

Year-over-Year Comparison

	2025	2024	Change
Revenue	$177,250	$216,290	-0.2%
Expenses	$179,432	$216,014	-0.2%
Net Income	$-2,182	$276	-8.9%

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

N/A

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
TIMOTHY REID	SEC/TREASURER	2.00	Officer Director	$0	$0	$0
VAUGHAN DRINKARD	PRESIDENT	1.00	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
2025	$177,250	$179,432	$36,249	$-2,182
2024	$216,290	$216,014	$37,852	$276
2023	$253,200	$261,021	$36,870	$-7,821
2022	$316,961	$311,478	$44,640	$5,483
2021	$305,540	$324,450	$38,716	$-18,910