LIFE CONCEPTS INDEPENDENT LIVING I INC (EIN 592988012) - 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

1989

Legal Domicile

Phone

4072184300

Tax Period

2024-07-01 to 2025-06-30

LIFE CONCEPTS INDEPENDENT LIVING I INC, founded in 1989, is a micro nonprofit that reported $79K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $139K exceeded revenue, resulting in a 76% operating deficit.

Mission

PROVIDE HOUSING AND TRAINING FOR INDIVIDUALS WHO ARE DEVELOPMENTALLY DISABLED.

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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 $51,694

Program Service Revenue $25,037

Investment Income $2,207

Other Revenue $0

TOTAL REVENUE $78,938

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $112,668

Other Expenses $139,178

TOTAL EXPENSES $139,178

Year-over-Year Comparison

	2024	2023	Change
Revenue	$78,938	$84,434	-0.1%
Expenses	$139,178	$136,999	+0.0%
Net Income	$-60,240	$-52,565	+0.1%

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

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

$997,876

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB MCKAY	BOARD VICE CHAIR	0.2	Officer Director	$0	$0	$0
BRYAN GIRGENTI	BOARD TREASURER	0.2	Officer Director	$0	$0	$0
KIDEN KJOSA	BOARD SECRETARY	0.2	Officer Director	$0	$0	$0
KYLE BECKER	BOARD CHAIR	0.2	Officer Director	$0	$0	$0
ALEX ADAMS	DIRECTOR	0.2	Director	$0	$0	$0
CALEB KEENAN	DIRECTOR	0.2	Director	$0	$0	$0
DAVID CAROTHERS	DIRECTOR	0.2	Director	$0	$0	$0
GEORGE SMITH	DIRECTOR	0.2	Director	$0	$0	$0
JAMES FRANZESE	DIRECTOR	0.2	Director	$0	$0	$0
MARK CRANDALL	DIRECTOR	0.2	Director	$0	$0	$0
MICHAEL CANDIOTTI	DIRECTOR	0.2	Director	$0	$0	$0
PATRICK FERGUSON	DIRECTOR	0.2	Director	$0	$0	$0
SARAH RILES	DIRECTOR	0.2	Director	$0	$0	$0
SCOT GEER	DIRECTOR	0.2	Director	$0	$0	$0
STANLEY SARGENT	DIRECTOR	0.2	Director	$0	$0	$0
VINCENT PRESTON	DIRECTOR	0.2	Director	$0	$0	$0
BROOKE EAKINS	CHIEF OPERATING OFFICER	2.0	Officer	$0	$24,647	$215,602
JOHN DOGAER	CHIEF ADMINISTRATIVE OFFICER	2.0	Officer	$0	$5,360	$196,961
JOHN GILL	CHIEF EXECUTIVE OFFICER	2.0	Officer	$0	$33,664	$373,686
TODD THRASHER	CHIEF FINANCIAL OFFICER	2.0	Officer	$0	$18,091	$211,627

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	$78,938	$139,178	$301,708	$-60,240
2024	$84,434	$136,999	$370,950	$-52,565
2023	$80,920	$141,138	$400,081	$-60,218
2022	$75,884	$135,308	$458,352	$-59,424
2021	$89,781	$126,505	$737,434	$-36,724
2020	$94,991	$109,133	$756,115	$-14,142
2019	$97,532	$122,180	$530,418	$-24,648
2018	$101,490	$119,169	$532,611	$-17,679

LIFE CONCEPTS INDEPENDENT LIVING I INC