Life Restoration Services Inc (EIN 472109588) - 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

2015

Legal Domicile

Principal Officer

Brandon Bower

Phone

2602556413

Tax Period

2024-01-01 to 2024-12-31

Life Restoration Services Inc, founded in 2015, is a community nonprofit in the Mental Health sector that reported $1.5M in total revenue in fiscal year 2024.

Mission

The Lighthouse exists to serve men who struggle with life-altering addiction by providing structure, education, support and mentorship. We also strive to be a bridge in the healing process between these men and their families.

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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 $881,263

Program Service Revenue $88,504

Investment Income $0

Other Revenue $530,144

TOTAL REVENUE $1,499,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $762,100

Fundraising Expenses $106,258

Program Expenses $1,269,799

Other Expenses $705,282

TOTAL EXPENSES $1,467,382

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,499,911	$1,472,906	+0.0%
Expenses	$1,467,382	$1,319,694	+0.1%
Net Income	$32,529	$153,212	-0.8%

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

702

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

$99,335

Total Directors

$99,335

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Brandon Bower	Executive Director	40.00	Officer Director	$84,777	$0	$84,777
Elizabeth Bower	Secretary	15.00	Officer Director	$14,558	$0	$14,558
Patrick OConnell	Treasurer	2.00	Officer Director	$0	$0	$0
David K Allen	President	2.00	Officer Director	$0	$0	$0
John Morr	Director	2.00	Director	$0	$0	$0
Jane Holliday	Director	2.00	Director	$0	$0	$0
Todd Pletcher	Director	2.00	Director	$0	$0	$0
Jeremy Schaffer	Director	2.00	Director	$0	$0	$0
Mark Warsco	Director	2.00	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	$1,499,911	$1,467,382	$1,320,278	$32,529
2023	$1,472,906	$1,319,694	$1,336,572	$153,212
2022	$767,942	$783,044	$1,141,404	$-15,102
2021	$627,327	$563,317	$552,563	$64,010
2020	$470,177	$306,527	$490,820	$163,650
2019	$196,604	$169,672	$130,722	$26,932

Life Restoration Services Inc