LIFE of North Carolina (EIN 562132240) - 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

1999

Legal Domicile

Principal Officer

Joyce Jones

Phone

2527529774

Tax Period

2019-07-01 to 2020-06-30

LIFE of North Carolina, founded in 1999, is a small nonprofit that reported $490K in total revenue in fiscal year 2019. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $451K left a modest 8% surplus.

Mission

To enhance health and wellness as well as intellectual and spiritual development.

🔒

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 (2019)

Revenue Breakdown

Contributions & Grants $489,940

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $489,940

Expense Breakdown

Grants Paid $0

Salaries & Benefits $263,889

Fundraising Expenses $11,925

Program Expenses $438,851

Other Expenses $184,740

TOTAL EXPENSES $450,776

Year-over-Year Comparison

	2019	2018	Change
Revenue	$489,940	$758,255	-0.4%
Expenses	$450,776	$697,711	-0.4%
Net Income	$39,164	$60,544	-0.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Stephany Hinnant	Member	2.00	Director	$0	$0	$0
Geri Lassiter	Vice Chairman	2.00	Director	$0	$0	$0
Nikita E Daniels	Board Member	1.00	Director	$0	$0	$0
Dan Mayo	Chair	2.00	Director	$0	$0	$0
Kelly Andrews	Board Member	1.00	Director	$0	$0	$0
Kimberly Hardy	Board Member	1.00	Director	$0	$0	$0
Anthony Miller	Treasurer	2.00	Director	$0	$0	$0
Jamie Jacobson	Secretary	2.00	Director	$0	$0	$0
John Demery	Board Member	1.00	Director	$0	$0	$0
Lisa Ward-Ross	Board Member	1.00	Director	$0	$0	$0
Julia Petrasso	Board Member	2.00	Director	$0	$0	$0
Laurie Weston	Board Member	1.00	Director	$0	$0	$0
Phillip Williams	Board Member	1.00	Director	$0	$0	$0
Debi Markey	Board Member	1.00	Director	$0	$0	$0
Linda Stephenson	Board Member	1.00	Director	$0	$0	$0
Kaniesha Wiggins	Board Member	1.00	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
2020	$489,940	$450,776	$58,463	$39,164

LIFE of North Carolina