LIFE RADIO MINISTRIES INC (EIN 582116590) - 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

1993

Legal Domicile

Phone

7702292020

Tax Period

2024-01-01 to 2024-12-31

LIFE RADIO MINISTRIES INC, founded in 1993, is a small nonprofit in the Religion sector that reported $693K in total revenue in fiscal year 2024. Expenses of $1.0M exceeded revenue, resulting in a 45% operating deficit.

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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 $314,721

Program Service Revenue $241,820

Investment Income $3,885

Other Revenue $132,935

TOTAL REVENUE $693,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $426,379

Fundraising Expenses $0

Program Expenses $719,940

Other Expenses $572,741

TOTAL EXPENSES $1,006,097

Year-over-Year Comparison

	2024	2023	Change
Revenue	$693,361	$684,653	+0.0%
Expenses	$1,006,097	$734,789	+0.4%
Net Income	$-312,736	$-50,136	+5.2%

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

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

$264,255

Total Directors

$264,255

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUGLAS J DORAN	PRESIDENT	40.00	Officer Director	$105,271	$0	$105,271
MICHAEL SHELLEY	VICE PRESIDENT TREASURER	40.00	Officer Director	$89,411	$0	$89,411
JOSEPH C EMERT	CHAIRMAN	1.00	Officer Director	$69,573	$0	$69,573
JENNY EMERT	SECRETARY	1.00	Officer Director	$0	$0	$0
STEPHEN EMERT	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY MONROE	DIRECTOR	1.00	Director	$0	$0	$0
HOWARD JOHNSON	DIRECTOR	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
2024	$693,361	$1,006,097	$310,053	$-312,736
2023	$684,653	$734,789	$626,398	$-50,136
2022	$689,673	$678,229	$680,094	$11,444
2021	$858,658	$706,142	$676,132	$152,516
2020	$753,642	$725,834	$527,460	$27,808
2019	$855,957	$744,659	$519,917	$111,298
2018	$757,375	$712,333	$436,730	$45,042

LIFE RADIO MINISTRIES INC