LIFE SUPPORT COUNSELING & RESEARCH (EIN 742657050) - 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

1993

Legal Domicile

Principal Officer

LEON SMITH

Phone

5124517310

Tax Period

2022-01-01 to 2022-12-31

LIFE SUPPORT COUNSELING & RESEARCH, founded in 1993, is a community nonprofit in the Human Services sector that reported $8.4M in total revenue in fiscal year 2022. Revenue surged 29% from the prior year, signaling strong growth momentum. Expenses of $10.1M exceeded revenue, resulting in a 20% operating deficit.

Mission

MOST SIGNIFICANT ACTIVITIES ARE FOSTER CARE AND ADOPTION PROGRAMS. WE WORK CLOSELY WITH ALL STATES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $4,982,694

Program Service Revenue $3,411,562

Investment Income $0

Other Revenue $0

TOTAL REVENUE $8,394,256

Expense Breakdown

Grants Paid $5,760,739

Salaries & Benefits $2,010,574

Fundraising Expenses $0

Program Expenses $425,000

Other Expenses $2,011,292

TOTAL EXPENSES $10,082,186

Year-over-Year Comparison

	2022	2021	Change
Revenue	$8,394,256	$6,501,523	+0.3%
Expenses	$10,082,186	$7,318,128	+0.4%
Net Income	$-1,687,930	$-816,605	+1.1%

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

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

$375,000

Total Directors

$150,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LEON SMITH	EXECUTIVE DIRECTOR	40	Officer Director Highest	$150,000	$0	$150,000
JEFFREY SMITH	DIRECTOR OF OPERATIONS	40	Officer	$165,000	$0	$165,000
VIRGINIA SMITH	ADMINISTRATIVE DIRECTOR	40	Officer	$60,000	$0	$60,000

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
2022	$8,394,256	$10,082,186	$6,245,167	$-1,687,930
2021	$6,501,523	$7,318,128	$3,124,644	$-816,605
2020	$9,199,133	$8,520,397	$3,931,686	$678,736
2019	$9,674,768	$9,111,002	$3,326,476	$563,766

LIFE SUPPORT COUNSELING & RESEARCH