LIFE EXPERIENCES 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

1979

Legal Domicile

Principal Officer

MICHELLE HILE

Phone

9194671973

Tax Period

2024-07-01 to 2025-06-30

LIFE EXPERIENCES INC, founded in 1979, is a small nonprofit that reported $328K in total revenue in fiscal year 2024. Revenue fell 28% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $130K, a strong 40% operating margin.

Mission

TO SERVE AND IMPROVE THE LIVES OF ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES THROUGHOUT THE TRIANGLE REGION. WITH COMMITMENT AND PASSION, LE ADVOCATES, ASSISTS WITH FINANCIAL RESOURCES, AND BECOMES A SOURCE OF INFORMATION IN WAYS THAT ARE LIFE-CHANGING. LE SEEKS TO CREATE A COMMUNITY WHERE ADULTS WITH I/DD HAVE ACCESS TO PROGRAMS, ENRICHMENT ACTIVITIES, VOCATIONAL TRAINING, AND JOB OPPORTUNITIES THAT ENABLE A PRODUCTIVE AND FULFILLED LIFE.

Program Service Accomplishments

Program 1

Expenses: $178,086

LIFE EXPERIENCES' SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO SUPPLEMENT THE FUNDING GAP FOR FAMILIES WHO DEMONSTRATE EVIDENCE OF NEED...

LIFE EXPERIENCES' SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO SUPPLEMENT THE FUNDING GAP FOR FAMILIES WHO DEMONSTRATE EVIDENCE OF NEED. THESE SCHOLARSHIPS ENABLE FAMILIES TO ACCESS PROGRAMMING FOR I/DD ADULTS. LE AWARDED SCHOLARSHIPS AND AWARDS OF MORE THAN $108,000 TO 30 INDIVIDUALS DURING FISCAL YEAR 2024-2025.

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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 (2024)

Revenue Breakdown

Contributions & Grants $148,101

Program Service Revenue $0

Investment Income $31,823

Other Revenue $148,243

TOTAL REVENUE $328,167

Expense Breakdown

Grants Paid $108,469

Salaries & Benefits $62,166

Fundraising Expenses $2,470

Program Expenses $178,086

Other Expenses $27,391

TOTAL EXPENSES $198,026

Year-over-Year Comparison

	2024	2023	Change
Revenue	$328,167	$458,873	-0.3%
Expenses	$198,026	$157,613	+0.3%
Net Income	$130,141	$301,260	-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

$51,050

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CASEY WILSON	CHAIR	2.00	Officer Director	$0	$0	$0
MARK NEWMAN	VICE CHAIR	2.00	Officer Director	$0	$0	$0
JOHNNY GUEMPLE	TREASURER	2.00	Officer Director	$0	$0	$0
TRACY SERVISS	SECRETARY	2.00	Officer Director	$0	$0	$0
SHEILA BYRNES-NEDOMA	BOARD MEMBER	1.00	Director	$0	$0	$0
A MICHAEL CUOMO	BOARD MEMBER	1.00	Director	$0	$0	$0
DANIELLE FUHRMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
HAROLD K JORDAN JR	BOARD MEMBER	1.00	Director	$0	$0	$0
HARRY MONTGOMERY JR	BOARD MEMBER	1.00	Director	$0	$0	$0
WALT PARKER	BOARD MEMBER	1.00	Director	$0	$0	$0
REBECCA TURNER	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELLE HILE	EXECUTIVE DIRECTOR	25.00	Officer	$49,290	$1,760	$51,050

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	$328,167	$198,026	$1,686,334	$130,141
2024	$458,873	$157,613	$1,545,745	$301,260
2023	$381,265	$188,723	$1,499,535	$192,542
2022	$236,760	$150,040	$1,381,173	$86,720
2021	$512,275	$510,681	$1,337,876	$1,594
2020	$605,698	$835,612	$1,443,683	$-229,914
2019	$703,438	$834,443	$1,663,580	$-131,005