Life Recovery Ministries Inc (EIN 651140323) - 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

2001

Legal Domicile

Principal Officer

Dana Hepworth

Phone

5618427979

Tax Period

2023-01-01 to 2023-12-31

Life Recovery Ministries Inc, founded in 2001, is a micro nonprofit that reported $87K in total revenue in fiscal year 2023. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

Faith based biblical counseling programs.

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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 (2023)

Revenue Breakdown

Contributions & Grants $69,170

Program Service Revenue $17,285

Investment Income $60

Other Revenue $0

TOTAL REVENUE $86,515

Expense Breakdown

Grants Paid $0

Salaries & Benefits $60,155

Fundraising Expenses $0

Program Expenses $83,494

Other Expenses $27,406

TOTAL EXPENSES $87,561

Year-over-Year Comparison

	2023	2022	Change
Revenue	$86,515	$72,095	+0.2%
Expenses	$87,561	$86,697	+0.0%
Net Income	$-1,046	$-14,602	-0.9%

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

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

$39,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dana Hepworth	Director	40.00	Director Highest	$39,800	$0	$39,800
Mark A Carman	Board Member	1.00	Director	$0	$0	$0
Russell Anderson	Board Chairman	1.00	Director	$0	$0	$0
Carl Fisher	Board Member	1.00	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	$86,515	$87,561	$74,352	$-1,046
2022	$72,095	$86,697	$75,398	$-14,602
2021	$74,360	$87,174	$88,794	$-12,814
2020	$102,126	$85,117	$101,608	$17,009

Life Recovery Ministries Inc