LIFE CHOICE MINISTRIES INC (EIN 481032414) - 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

1986

Legal Domicile

Principal Officer

STERLING HUDGINS

Phone

7857769406

Tax Period

2023-01-01 to 2023-12-31

LIFE CHOICE MINISTRIES INC, founded in 1986, is a small nonprofit that reported $351K in total revenue in fiscal year 2023. Expenses of $340K left a modest 3% surplus.

Mission

MINISTRY TO WOMEN EXPERIENCING CRISIS PREGNANCIES.

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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 $268,751

Program Service Revenue $500

Investment Income $4,498

Other Revenue $77,557

TOTAL REVENUE $351,306

Expense Breakdown

Grants Paid $85,247

Salaries & Benefits $145,782

Fundraising Expenses $15,845

Program Expenses $277,877

Other Expenses $108,697

TOTAL EXPENSES $339,726

Year-over-Year Comparison

	2023	2022	Change
Revenue	$351,306	$328,362	+0.1%
Expenses	$339,726	$295,685	+0.1%
Net Income	$11,580	$32,677	-0.6%

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

$65,647

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY WICHMAN	EXECUTIVE DI	40.00	Officer	$65,647	$0	$65,647
LOIS BARRINGER	DIRECTOR	1.00	Director	$0	$0	$0
PETER BARRINGER	TREASURER	2.00	Officer Director	$0	$0	$0
JULIE CHESTNUT	DIRECTOR	1.00	Director	$0	$0	$0
MERLIN CHESTNUT	DIRECTOR	1.00	Director	$0	$0	$0
AMY DELOACH	SECRETARY	2.00	Officer Director	$0	$0	$0
PAT HUDGINS	2ND VICE CHA	2.00	Officer Director	$0	$0	$0
STERLING HUDGINS	CHAIRPERSON	2.00	Officer Director	$0	$0	$0
DIANA NICKEL	1ST VICE-CHA	2.00	Officer Director	$0	$0	$0
PAUL NICKEL	DIRECTOR	1.00	Director	$0	$0	$0
LAUREN SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
RAY SANDERS	DIRECTOR	1.00	Director	$0	$0	$0
JEFF SCHURLE	DIRECTOR	1.00	Director	$0	$0	$0
KRISTI SCHURLE	DIRECTOR	1.00	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	No data	No data	No data	No data
2023	$351,306	$339,726	$415,884	$11,580
2022	$328,362	$295,685	$403,053	$32,677
2021	$333,277	$266,033	$370,800	$67,244
2020	$260,473	$214,374	$302,343	$46,099
2019	$248,870	$177,861	$255,451	$71,009
2018	$207,116	$186,184	$183,872	$20,932
2017	$202,802	$176,019	$162,123	$26,783

LIFE CHOICE MINISTRIES INC