LIFESKILLS INDUSTRIES INC

EIN: 611179808 501(c)(3) Employment

BOWLING GREEN, KY

Total Revenue
$234,455
Total Expenses
$258,989
Total Assets
N/A
Net Assets
N/A
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
KY
Principal Officer
JOE DAN BEAVERS
Phone
2709015000
Tax Period
2024-07-01 to 2025-06-30

LIFESKILLS INDUSTRIES INC, founded in 1990, is a small nonprofit in the Employment sector that reported $234K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $259K exceeded revenue, resulting in a 10% operating deficit.

Mission

TO PROVIDE CONTRACT LABOR TO LIFESKILLS, INC., A RELATED EXEMPT ORGANIZATION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $234,455
Investment Income $0
Other Revenue $0
TOTAL REVENUE $234,455

Expense Breakdown

Grants Paid $0
Salaries & Benefits $234,455
Fundraising Expenses $0
Program Expenses $226,945
Other Expenses $24,534
TOTAL EXPENSES $258,989

Year-over-Year Comparison

2024 2023 Change
Revenue $234,455 $203,983 +0.1%
Expenses $258,989 $203,983 +0.3%
Net Income $-24,534 $0 N/A
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
228
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
9
$1,116,375
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN DEARBONE CHAIR (END 06/25) 1.00
Officer Director
$0 $0 $0
JOHN RUFLI CHAIR/TREASURER 1.00
Officer Director
$0 $0 $0
SHELLEY LOWE VICE CHAIR/SECRETARY 1.00
Officer Director
$0 $0 $0
NANCY UHLS BOARD MEMBER (END 03/25) 1.00
Director
$0 $0 $0
SCOTT LINDSEY BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE DICKERSON BOARD MEMBER (END 08/24) 1.00
Director
$0 $0 $0
TIFFANY MASSEY BOARD MEMBER (END 09/24) 1.00
Director
$0 $0 $0
BETTY PARKER BOARD MEMBER 1.00
Director
$0 $0 $0
TODD MANSFIELD BOARD MEMBER 1.00
Director
$0 $0 $0
CURTIS MCGEE BOARD MEMBER (END 08/24) 1.00
Director
$0 $0 $0
JOE DAN BEAVERS PRESIDENT/CEO - LIFESKILLS, INC. 1.00
Officer
$0 $14,488 $268,995
JAMES GREEN BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA CARICO BOARD MEMBER (END 09/24) 1.00
Director
$0 $0 $0
AMY NEIGHBORS BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL GRONOWSKI PAST CHAIR (END 05/25) 1.00
Director
$0 $0 $0
TANIA BASTA BOARD MEMBER (BEG 10/24) 1.00
Director
$0 $0 $0
CHERYL PHIPPS BOARD MEMBER (BEG 10/24) 1.00
Director
$0 $0 $0
GEORGENA BRACKETT BOARD MEMBER (BEG 08/24) 1.00
Director
$0 $0 $0
ERIC EMBRY COO - LIFESKILLS, INC. 1.00
Officer
$0 $40,622 $263,144
TOMMI HOLLOWAY CFO - LIFESKILLS, INC. 1.00
Officer
$0 $24,785 $210,774
CARL SCHNEIDER VP - IDD 1.00
Officer
$0 $41,252 $183,267
KAREN GARRITY VP - BH 1.00
Officer
$0 $17,766 $166,126
AMANDA EDDINGS VP OF FINANCE 1.00
Officer
$0 $31 $24,069
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 $234,455 $258,989 No data $-24,534
2024 $203,983 $203,983 $24,534 No data
2023 $304,739 $304,739 $76,489 No data
2022 $161,534 $161,534 $27,970 No data
2021 $40,598 $40,599 $31,771 $-1
2020 $141,467 $141,467 $28,009 No data
2019 $256,371 $256,371 $38,997 No data
2018 $274,525 $274,525 $39,375 No data
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LIFESKILLS INDUSTRIES INC with other nonprofits in Kentucky and across the country.