LIFE ENRICHMENT CENTER (EIN 510425428) - 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

2002

Legal Domicile

Phone

9372525700

Tax Period

2022-01-01 to 2022-12-31

LIFE ENRICHMENT CENTER, founded in 2002, is a small nonprofit that reported $624K in total revenue in fiscal year 2022. Revenue fell 46% from the prior year — a significant decline worth monitoring. Expenses of $908K exceeded revenue, resulting in a 45% operating deficit.

Mission

To promote transformational growth through a holistic approach of basic health & safety, relationship, esteem and purpose needs.

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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 (2022)

Revenue Breakdown

Contributions & Grants $598,009

Program Service Revenue $10,095

Investment Income $-48,092

Other Revenue $64,274

TOTAL REVENUE $624,286

Expense Breakdown

Grants Paid $0

Salaries & Benefits $217,418

Fundraising Expenses $41,984

Program Expenses $934,685

Other Expenses $690,719

TOTAL EXPENSES $908,137

Year-over-Year Comparison

	2022	2021	Change
Revenue	$624,286	$1,158,945	-0.5%
Expenses	$908,137	$1,242,931	-0.3%
Net Income	$-283,851	$-83,986	+2.4%

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

100

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

$52,023

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ricia Ballas	President	2.00	Officer Director	$0	$0	$0
Karen King	Secretary	2.00	Officer Director	$0	$0	$0
Dan Shafer	Treasurer	2.00	Officer Director	$0	$0	$0
Tara McCafferty	Trustee	1.00	Director	$0	$0	$0
Mary Shancey	Trustee	1.00	Director	$0	$0	$0
Kim Belcastro	Trustee	1.00	Director	$0	$0	$0
Todd Kelchner	Trustee	1.00	Director	$0	$0	$0
Kelly Granger	Trustee	1.00	Director	$0	$0	$0
Randy Chestnut	Executive Director (1/22-7/22)	40.00	Key Emp	$52,023	$0	$52,023

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
2022	$624,286	$908,137	$230,533	$-283,851
2021	$1,158,945	$1,242,931	$907,165	$-83,986
2020	$1,586,377	$1,450,782	$1,026,261	$135,595
2019	$1,193,926	$1,189,067	$932,553	$4,859
2018	$1,292,830	$1,185,683	$888,903	$107,147

LIFE ENRICHMENT CENTER