LIFE CAN INC

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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

1999

Legal Domicile

Principal Officer

MICHAEL PEAK

Tax Period

2024-01-01 to 2024-12-31

LIFE CAN INC, founded in 1999, is a small nonprofit in the Human Services sector that reported $378K in total revenue in fiscal year 2024. Expenses of $560K exceeded revenue, resulting in a 48% operating deficit.

Mission

FOR SCHEDULE O FOR THE MISSION STATEMENT.

Program Service Accomplishments

Program 1

Expenses: $559,812 Revenue: $306,721

BILLBOARD DISPLAYS PROMOTE LIFE ISSUES, ADOPTION REFERRAL INFORMATION AND OTHER EDUCATIONAL INFORMATION. THE ORGANIZATION PROVIDES OVER 500 BILLBOARDS, TRANSIT SHELTERS, CURBSIDE ADS, INTERIOR BUS...

BILLBOARD DISPLAYS PROMOTE LIFE ISSUES, ADOPTION REFERRAL INFORMATION AND OTHER EDUCATIONAL INFORMATION. THE ORGANIZATION PROVIDES OVER 500 BILLBOARDS, TRANSIT SHELTERS, CURBSIDE ADS, INTERIOR BUS ADS, METRORAIL ADS, TAXICAB ADS AND OTHER DISPLAY ADVERTISING. TOTAL DAILY EXPOSURE IS OVER 3.75 MILLION IMPRESSIONS DELIVERED EACH DAY BASED ON OFFICIAL TRAFFIC COUNTS. PRINTING AND DISTRIBUTION OF OVER 6,750 MONTHLY NEWSLETTERS, PROMOTING TRADITIONAL FAMILY AND MORAL VALUES, INFORMATION REGARDING LIFE ISSUES AND OTHER FAMILY EDUCATIONAL INFORMATION. OPERATION OF RADIO STATION WJPP TO PRODUCE AND BROADCAST IN HOUSE RADIO PROGRAMMING FOR THE PURPOSE OF PROMOTING TRADITIONAL FAMILY AND MORAL VALUES.

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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 $306,721

Program Service Revenue $0

Investment Income $71,339

Other Revenue $0

TOTAL REVENUE $378,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $559,812

Other Expenses $559,812

TOTAL EXPENSES $559,812

Year-over-Year Comparison

	2024	2023	Change
Revenue	$378,060	N/A	N/A
Expenses	$559,812	N/A	N/A
Net Income	$-181,752	N/A	N/A

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

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	Role	Reportable Comp	Other Comp	Total
JAMES D THOMAS	DIRECTOR	Director	$0	$0	$0
JOHN J GIORGIS	DIRECTOR	Director	$0	$0	$0
ANN BOLSTER	DIRECTOR	Director	$0	$0	$0
LAURIE S DACCARETT	DIRECTOR	Director	$0	$0	$0
MICHAEL PEAK	TREASURER	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
2025	No data	No data	No data	No data
2024	$378,060	$559,812	$485,585	$-181,752
2023	$361,613	$301,495	$667,337	$60,118
2022	$322,060	$295,818	$579,307	$26,242
2021	$293,572	$302,164	$463,197	$-8,592
2020	$283,456	$252,239	$542,083	$31,217
2019	$322,832	$306,373	$474,203	$16,459
2018	$351,330	$314,579	$457,744	$36,751