LIFE DEVELOPMENT FOUNDATION (EIN 581930286) - 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

1992

Legal Domicile

Principal Officer

TONI BOOKER

Phone

2253559028

Tax Period

2024-07-01 to 2025-06-30

LIFE DEVELOPMENT FOUNDATION, founded in 1992, is a micro nonprofit in the Community Improvement sector that reported $31K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $62K exceeded revenue, resulting in a 102% operating deficit.

Mission

THE ORGANIZATION'S PURPOSE IS TO PROVIDE SCHOLARSHIPS TO STUDENTS AND DONATIONS TO MEET SPECIFIC COMMUNITY NEEDS.

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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 $7,075

Program Service Revenue $0

Investment Income $2,319

Other Revenue $21,116

TOTAL REVENUE $30,510

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $31,086

Other Expenses $61,747

TOTAL EXPENSES $61,747

Year-over-Year Comparison

	2024	2023	Change
Revenue	$30,510	$81,658	-0.6%
Expenses	$61,747	$55,708	+0.1%
Net Income	$-31,237	$25,950	-2.2%

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

200

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
BLANCHE SMITH	CHAIR	1.00	Officer Director	$0	$0	$0
FRANCES SMITH	PARLIAMENTARIAN/IMMEDIATE	1.00	Officer Director	$0	$0	$0
TWANA MALVEAUX	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
AUDREY NABORS-JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
TONI BOOKER	TREASURER	1.00	Officer Director	$0	$0	$0
NORMA LEWIS	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN MALBRUE	CORRESPONDING SECRETARY	1.00	Officer Director	$0	$0	$0
AMONZEJURETTI CLARK	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JERRIE BOOKER	DIRECTOR	1.00	Director	$0	$0	$0
MAZIE DOOMES	DIRECTOR	1.00	Director	$0	$0	$0
DAPHNE FLENTROY	DIRECTOR	1.00	Director	$0	$0	$0
KAREN YARBROUGH	DIRECTOR	1.00	Director	$0	$0	$0
KEIUNA CROPPER-PATIN	BOARD FINANCIAL SECRETARY	1.00	Officer 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
2025	$30,510	$61,747	$522,090	$-31,237
2024	No data	No data	No data	No data
2023	$119,026	$60,010	$527,377	$59,016
2022	$10,797	$42,440	$468,361	$-31,643
2021	$68,557	$50,776	$500,004	$17,781
2020	$28,557	$48,338	$482,223	$-19,781
2019	$56,770	$64,870	$502,004	$-8,100

LIFE DEVELOPMENT FOUNDATION