LIFE MANAGEMENT CENTER INC (EIN 582353167) - 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

1996

Legal Domicile

Principal Officer

MERLE TAMSBERG

Phone

8437220785

Tax Period

2017-01-01 to 2017-12-31

LIFE MANAGEMENT CENTER INC, founded in 1996, is a small nonprofit that reported $226K in total revenue in fiscal year 2017. Revenue fell 55% from the prior year — a significant decline worth monitoring. Expenses of $207K left a modest 8% surplus.

Mission

LIFEMANAGEMENT CENTER, INC. EDUCATES THE PUBLIC ABOUT THE LEARNING DISORDERS THROUGH CONFERENCES AND WORKSHOPS. IT ASSISTS INDIVIDUALS WITH EDUCATIONAL CHALLENGES/LEARNING DISORDERS THROUGH TESTING, TUTORING, COUNSELING, AND COACHING.

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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 (2017)

Revenue Breakdown

Contributions & Grants $27,635

Program Service Revenue $193,407

Investment Income $0

Other Revenue $4,999

TOTAL REVENUE $226,041

Expense Breakdown

Grants Paid $0

Salaries & Benefits $114,591

Fundraising Expenses $16,484

Program Expenses $159,229

Other Expenses $92,620

TOTAL EXPENSES $207,211

Year-over-Year Comparison

	2017	2016	Change
Revenue	$226,041	$501,003	-0.5%
Expenses	$207,211	$519,428	-0.6%
Net Income	$18,830	$-18,425	-2.0%

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

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
MERLE TAMSBERG	PRESIDENT	4.00	Officer Director	$0	$0	$0
KITTY MCEADDY	CHARIMAN EME	2.00	Officer Director	$0	$0	$0
ROBERT M KUNES	DIRECTOR EME	1.00	Officer Director	$0	$0	$0
ANNA O'QUINN	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
LOUISA SHINGLER	SECRETARY	2.00	Officer Director	$0	$0	$0
DAVID MAYBANK III	TREASURER	2.00	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
2017	$226,041	$207,211	No data	$18,830

LIFE MANAGEMENT CENTER INC