THE LIFE FUND (EIN 522316124) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

KEVIN M MAYEUX

Phone

7037708100

Tax Period

2024-01-01 to 2024-12-31

THE LIFE FUND, founded in 2001, is a small nonprofit in the Education sector that reported $288K in total revenue in fiscal year 2019. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $362K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO EDUCATE THE PUBLIC ABOUT THE INSURANCE PRODUCTS AND THE VALUE OF SEEKING PROFESSIONAL ADVICE.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $339,543

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $339,543

Expense Breakdown

Grants Paid $226,250

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $309,550

Other Expenses $83,300

TOTAL EXPENSES $309,550

Year-over-Year Comparison

	2024	2023	Change
Revenue	$339,543	$80,868	+3.2%
Expenses	$309,550	$159,183	+0.9%
Net Income	$29,993	$-78,315	-1.4%

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

N/A

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

$1,145,812

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BARB PIETRANGELO	DIRECTOR	1.00	Director	$0	$0	$0
MARK HANNA CLU CHFC AIF	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL WEINTRAUB	TREASURER	1.00	Director	$0	$0	$0
R JAN PINNEY	DIRECTOR	1.00	Director	$0	$0	$0
PAUL DOUGHERTY	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN STEINER	EXECUTIVE DIRECTOR	10.00	Officer	$0	$9,611	$248,517
ERNI DAVIS	CFO	10.00	Officer	$0	$27,954	$253,329
KEVIN M MAYEUX	CEO	10.00	Officer	$0	$28,774	$642,515
TOM COTHRON	PRESIDENT-ELECT	10.00	Officer	$0	$0	$1,451

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	$339,543	$309,550	$124,652	$29,993
2023	$80,868	$159,183	$91,662	$-78,315
2022	$352,515	$395,479	$36,879	$-42,964
2021	$418,874	$320,110	$134,288	$98,764
2020	$390,880	$306,114	$129,181	$84,766
2019	$288,310	$362,139	$135,068	$-73,829

THE LIFE FUND