LIFESITENEWSCOM 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

2007

Legal Domicile

Principal Officer

STEVE JALSEVAC

Phone

8886786008

Tax Period

2023-01-01 to 2023-12-31

LIFESITENEWSCOM INC, founded in 2007, is a community nonprofit that reported $5.0M in total revenue in fiscal year 2023. Expenses of $4.6M left a modest 7% surplus.

Mission

LIFESITENEWS.COM PUBLISHES APPROXIMATELY 4,000 ARTICLES COVERING ISSUES CONCERNING LIFE, FAMILY, FAITH AND CULTURAL ISSUES. THESE ARTICLES REACH OVER 20 MILLION READERS, KEEPING THEM WELL-INFORMED ABOUT SOCIAL ISSUES OF GREAT IMPORTANCE TO THEM.

Program Service Accomplishments

Program 1

Expenses: $4,030,097

LIFESITENEWS.COM PUBLISHES APPROXIMATELY 4,000 ARTICLES COVERING ISSUES CONCERNING LIFE, FAMILY, FAITH AND CULTURAL ISSUES. THESE ARTICLES REACH OVER 20 MILLION READERS, KEEPING THEM WELL-INFORMED...

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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 $4,388,810

Program Service Revenue $0

Investment Income $135,232

Other Revenue $438,294

TOTAL REVENUE $4,962,336

Expense Breakdown

Grants Paid $500,000

Salaries & Benefits $2,214,689

Fundraising Expenses $269,598

Program Expenses $4,051,191

Other Expenses $1,885,025

TOTAL EXPENSES $4,599,714

Year-over-Year Comparison

	2023	2022	Change
Revenue	$4,962,336	$4,973,332	0.0%
Expenses	$4,599,714	$3,980,502	+0.2%
Net Income	$362,622	$992,830	-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

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
JEFF GUNNERSON	CHAIRMAN	0.30	Officer Director	$0	$0	$0
ROYCE HOOD	DIRECTOR	0.30	Officer Director	$0	$0	$0
LISA FISCHER	DIRECTOR	0.30	Director	$0	$0	$0
DOMINIC ISMERT	DIRECTOR	0.30	Director	$0	$0	$0
JIM HUGHES	DIRECTOR	0.30	Director	$0	$0	$0
JOHN HENRY WESTEN	PRESIDENT	0.30	Officer Director	$0	$0	$0
STEVE JALSEVAC	VICE PRESIDE	0.30	Officer Director	$0	$0	$0
TONY MILBURN	DIRECTOR	0.30	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	$4,962,336	$4,599,714	$5,242,663	$362,622
2022	$4,973,332	$3,980,502	$4,844,304	$992,830
2021	$5,429,603	$3,000,713	$3,577,178	$2,428,890