LIFE INC (EIN 521297022) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

CHRISTIANE SCHULZ

Phone

4107355433

Tax Period

2024-07-01 to 2025-06-30

LIFE INC, founded in 1983, is a mid-sized nonprofit that reported $16.5M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $14.8M left a modest 10% surplus.

Mission

TO PROVIDE SERVICES OF THE HIGHEST QUALITY FOR PEOPLE WITH COGNITIVE AND DEVELOPMENTAL DISABILITIES THAT ENABLES THESE INDIVIDUALS TO LEAD DIGNIFIED, HEALTHY AND FULFILLING LIVES IN THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $17,014

Program Service Revenue $16,299,572

Investment Income $155,410

Other Revenue $4,671

TOTAL REVENUE $16,476,667

Expense Breakdown

Grants Paid $0

Salaries & Benefits $9,726,765

Fundraising Expenses $0

Program Expenses $12,702,939

Other Expenses $5,024,962

TOTAL EXPENSES $14,751,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,476,667	$14,438,277	+0.1%
Expenses	$14,751,727	$12,727,505	+0.2%
Net Income	$1,724,940	$1,710,772	+0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

268

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

$431,803

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MALLINOFF ESQ	DIRECTOR	1.00	Director	$0	$0	$0
AVALON BRANDT JD	BOARD CHAIR	3.00	Officer Director	$0	$0	$0
STEPHEN REAGAN	DIRECTOR	1.00	Director	$0	$0	$0
ESTEE PENDER	DIRECTOR	1.00	Director	$0	$0	$0
RUTH TAYMAN	DIRECTOR	1.00	Director	$0	$0	$0
LORRIE PENTE	DIRECTOR	1.00	Director	$0	$0	$0
SHERYL RIGGS	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIANE SCHULZ	CFO	40.00	Officer	$180,147	$8,406	$188,553
HAYWOOD WEST EVANS JR	EXECUTIVE DIRECTOR	40.00	Officer	$234,844	$8,406	$243,250

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	$16,476,667	$14,751,727	$12,232,019	$1,724,940
2024	$14,438,277	$12,727,505	$10,945,358	$1,710,772
2023	$12,086,224	$11,272,341	$8,336,200	$813,883
2022	$10,887,103	$10,782,183	$7,124,708	$104,920
2021	$11,188,719	$9,023,010	$7,016,196	$2,165,709
2020	$9,231,666	$8,963,000	$6,166,677	$268,666
2019	$8,453,337	$8,425,309	$5,332,692	$28,028
2018	$8,059,168	$8,209,245	$5,278,894	$-150,077

LIFE INC