LIFE CARE CENTERS OF AMERICA INC WELFARE BENEFITS PLAN (EIN 581403006) - Form 990 Financial Analysis & Trantor Score

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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

2005

Legal Domicile

Principal Officer

J STEPHEN ZIEGLER

Phone

4234729585

Tax Period

2024-01-01 to 2024-12-31

LIFE CARE CENTERS OF AMERICA INC WELFARE BENEFITS PLAN, founded in 2005, is a major nonprofit in the Mutual Benefit sector that reported $163.4M in total revenue in fiscal year 2024.

Mission

VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION

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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 $0

Program Service Revenue $162,789,479

Investment Income $615,377

Other Revenue $0

TOTAL REVENUE $163,404,856

Expense Breakdown

Grants Paid $0

Salaries & Benefits $605,693

Fundraising Expenses $0

Other Expenses $25,280,260

TOTAL EXPENSES $161,857,784

Year-over-Year Comparison

	2024	2023	Change
Revenue	$163,404,856	$153,144,731	+0.1%
Expenses	$161,857,784	$152,979,910	+0.1%
Net Income	$1,547,072	$164,821	+8.4%

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

N/A

Employees

N/A

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
FORREST L PRESTON	TRUSTEE	4.00	Director	$0	$0	$0
J STEPHEN ZIEGLER	TRUSTEE	4.00	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
2024	$163,404,856	$161,857,784	$26,219,493	$1,547,072
2023	$153,144,731	$152,979,910	$23,813,624	$164,821
2022	$137,373,217	$140,289,790	$23,670,805	$-2,916,573
2021	$139,206,267	$149,929,225	$26,791,451	$-10,722,958
2020	$153,163,240	$160,139,307	$39,980,496	$-6,976,067
2019	$159,767,762	$149,896,052	$45,370,946	$9,871,710
2018	$159,003,397	$163,315,294	$36,890,252	$-4,311,897

LIFE CARE CENTERS OF AMERICA INC WELFARE BENEFITS PLAN