ETERNAL LIFE INC (EIN 611164067) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

JARED SPALDING

Phone

8008422871

Tax Period

2024-01-01 to 2024-12-31

ETERNAL LIFE INC, founded in 1989, is a small nonprofit in the Religion sector that reported $821K in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion. The organization ran a surplus of $465K, a strong 57% operating margin.

Mission

THE ORGANIZATION DISTRIBUTES CATHOLIC LITERATURE AND AUDIO RECORDINGS IN ACCORDANCE WITH ITS EDUCATIONAL AND RELIGIOUS MISSION. THE ORGANIZATION ALSO CONDUCTS RELIGIOUS CONFERENCES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,843

Program Service Revenue $0

Investment Income $683,492

Other Revenue $111,481

TOTAL REVENUE $820,816

Expense Breakdown

Grants Paid $197,290

Salaries & Benefits $18,325

Fundraising Expenses $6,611

Program Expenses $342,881

Other Expenses $140,488

TOTAL EXPENSES $356,103

Year-over-Year Comparison

	2024	2023	Change
Revenue	$820,816	$686,615	+0.2%
Expenses	$356,103	$329,360	+0.1%
Net Income	$464,713	$357,255	+0.3%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

$18,325

Total Directors

$18,325

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PHILIP SPALDING	DIR/VP	1.00	Officer Director	$0	$0	$0
MARTHA SPALDING	DIR/SEC/TREAS	1.00	Officer Director	$0	$0	$0
THOMAS P MONAGHAN	MEMBER OF BOARD	4.00	Director	$0	$0	$0
JARED SPALDING	TREASURER	10.00	Officer Director	$18,325	$0	$18,325

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	$820,816	$356,103	$6,661,676	$464,713
2023	$686,615	$329,360	$6,040,456	$357,255
2022	$2,356,122	$333,567	$5,637,807	$2,022,555
2021	$240,229	$202,164	$3,795,576	$38,065
2020	$245,716	$164,894	$3,316,677	$80,822

ETERNAL LIFE INC