LIFE CHRISTIAN FOUNDATION (EIN 710942420) - 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

2003

Legal Domicile

Principal Officer

DOUG BURTON

Phone

2537565300

Tax Period

2023-01-01 to 2023-12-31

LIFE CHRISTIAN FOUNDATION, founded in 2003, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $475K in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $333K, a strong 70% operating margin.

Mission

TO PROVIDE FUNDS AND SUPPORT THE CHARITABLE AND EDUCATIONAL GOALS OF LIFE CENTER CHURCH OF TACOMA, WASHINGTON AND LIFE CHRISTIAN ACADEMY.

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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 $473,401

Program Service Revenue $0

Investment Income $1,171

Other Revenue $0

TOTAL REVENUE $474,572

Expense Breakdown

Grants Paid $137,500

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $141,439

Other Expenses $3,939

TOTAL EXPENSES $141,439

Year-over-Year Comparison

	2023	2022	Change
Revenue	$474,572	$282,146	+0.7%
Expenses	$141,439	$139,685	+0.0%
Net Income	$333,133	$142,461	+1.3%

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

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
DOUG BURTON	PRESIDENT	1.00	Officer Director	$0	$0	$0
MICHAEL PUTNAM	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
CHRIS SCHULER	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
DON GUSTAFSON	BOARD MEMBER	1.00	Director	$0	$0	$0
ADELE LACOMBE	BOARD MEMBER	1.00	Director	$0	$0	$0
TAYLOR BOLES	BOARD MEMBER	1.00	Director	$0	$0	$0
DAVID STOLTZ	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOTT NOVOTNY	BOARD MEMBER	1.00	Director	$0	$0	$0
SCOT SAVARY	BOARD MEMBER	1.00	Director	$0	$0	$0
BRITTANY COOLEY	BOARD MEMBER	1.00	Director	$0	$0	$0
TYLER SOLLIE	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	$474,572	$141,439	$4,571,566	$333,133
2022	$282,146	$139,685	$3,664,709	$142,461
2021	$830,386	$116,229	$4,187,779	$714,157
2020	$40,441	$99,396	$3,139,759	$-58,955
2019	$262,774	$74,070	$2,753,699	$188,704
2018	$90,026	$69,156	$2,177,500	$20,870

LIFE CHRISTIAN FOUNDATION