LIFE SAVERS MINISTRIES INC (EIN 631192755) - Form 990 Financial Analysis & Trantor Score

🔒

Tuckman-Chang Vulnerability Assessment

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

1998

Legal Domicile

Principal Officer

STEPHEN CURRY

Phone

3348870103

Tax Period

2023-01-01 to 2023-12-31

LIFE SAVERS MINISTRIES INC, founded in 1998, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2018. Expenses of $1.2M left a modest 6% surplus.

Mission

LIFESAVERS MINISTRIES OFFERS CHRISTIAN MINISTRY-RELATED SERVICES TO INNER CITY CHILDREN WHO ARE PRIMARILY UNDERPRIVILEGED AND LOW INCOME. THESE SERVICES CONSIST OF A SATURDAY SUNDAY SCHOOL, WEEKLY VISITATION AND VARIOUS

🔒

Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,323

Program Service Revenue $0

Investment Income $0

Other Revenue $1,047,800

TOTAL REVENUE $1,079,123

Expense Breakdown

Grants Paid $0

Salaries & Benefits $328,493

Fundraising Expenses $0

Program Expenses $367,923

Other Expenses $844,497

TOTAL EXPENSES $1,172,990

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,079,123	$1,076,577	+0.0%
Expenses	$1,172,990	$1,052,681	+0.1%
Net Income	$-93,867	$23,896	-4.9%

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

N/A

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
JAMES ANDEREGG	DIRECTOR	040.00	Officer Director Key Emp Highest	$0	$0	$0
KAREN ANDEREGG	SECRETARY	040.00	Officer Director Key Emp Highest	$0	$0	$0
DICK HAYLEY	INTERIM PRESIDENT	001.00	Officer Director	$0	$0	$0
BILL WHITE	DIRECTOR	001.00	Officer Director	$0	$0	$0
DALE VAUGHN	VP	001.00	Officer Director	$0	$0	$0
JAMES LEONARD	DIRECTOR	001.00	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
2024	No data	No data	No data	No data
2023	$1,079,123	$1,172,990	$1,011,305	$-93,867
2022	$1,076,577	$1,052,681	$1,105,172	$23,896
2021	$1,197,947	$1,137,764	$1,081,276	$60,183
2021	No data	No data	$1,021,093	No data
2020	$1,250,817	$1,060,494	$1,021,093	$190,323
2019	$1,282,000	$1,115,794	$830,770	$166,206
2018	$1,271,551	$1,195,834	$664,564	$75,717

LIFE SAVERS MINISTRIES INC