LIFE HOUSE (EIN 721481992) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1999

Legal Domicile

Principal Officer

MARK STERMER

Phone

2257532273

Tax Period

2024-01-01 to 2024-12-31

LIFE HOUSE, founded in 1999, is a community nonprofit in the Community Improvement sector that reported $8.2M in total revenue in fiscal year 2024. Expenses of $7.0M left a modest 15% surplus.

Mission

TO WORK WITH GOVERNMENT & BUSINESS ORGANIZATIONS TO IMPROVE QUALITY OF LIFE FOR CITIZENS BY PROVIDING EDUCATION, TRAINING, CHARACTER, & LEADERSHIP.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,829,775

Program Service Revenue $6,174,457

Investment Income $5,924

Other Revenue $165,058

TOTAL REVENUE $8,175,214

Expense Breakdown

Grants Paid $10,381

Salaries & Benefits $4,100,960

Fundraising Expenses $0

Program Expenses $5,558,156

Other Expenses $2,856,854

TOTAL EXPENSES $6,968,195

Year-over-Year Comparison

	2024	2023	Change
Revenue	$8,175,214	$7,776,992	+0.1%
Expenses	$6,968,195	$5,884,243	+0.2%
Net Income	$1,207,019	$1,892,749	-0.4%

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

Employees

446

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

$18,763

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GENE MILLS	DIRECTOR	1.00	Director	$0	$0	$0
SAM SMITH JR	DIRECTOR	1.00	Director	$0	$0	$0
MARK STERMER	EXECUTIVE DIRECTOR	10.00	Officer	$18,763	$0	$18,763
CASEY TANNER	SECRETARY/TREASURER	1.00	Officer	$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	$8,175,214	$6,968,195	$8,302,111	$1,207,019
2023	$7,776,992	$5,884,243	$7,134,148	$1,892,749
2022	$4,679,095	$5,036,185	$3,993,684	$-357,090
2021	$7,445,026	$3,690,334	$4,626,746	$3,754,692
2019	$6,088,937	$6,256,051	$1,232,212	$-167,114
2018	$5,710,680	$5,843,559	$1,382,955	$-132,879

LIFE HOUSE