LifeChange Foundation Inc (EIN 753074338) - 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

2002

Legal Domicile

Principal Officer

William Anderson

Phone

6606942528

Tax Period

2024-01-01 to 2024-12-31

LifeChange Foundation Inc, founded in 2002, is a small nonprofit in the Religion sector that reported $511K in total revenue in fiscal year 2024. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $161K, a strong 32% operating margin.

Mission

To proclaim the gospel to all ages, raise up spiritual leaders and maintain excellence in a safe, fun, growing experience.

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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 $189,747

Program Service Revenue $321,308

Investment Income $0

Other Revenue $0

TOTAL REVENUE $511,055

Expense Breakdown

Grants Paid $50,000

Salaries & Benefits $105,448

Fundraising Expenses $0

Program Expenses $150,860

Other Expenses $194,233

TOTAL EXPENSES $349,681

Year-over-Year Comparison

	2024	2023	Change
Revenue	$511,055	$304,359	+0.7%
Expenses	$349,681	$268,524	+0.3%
Net Income	$161,374	$35,835	+3.5%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
Todd Bottoff	Board Member	0.00	Director	$0	$0	$0
Nancy Lawson	Board Member	0.00	Director	$0	$0	$0
Annette Barber	Board Member	0.00	Director	$0	$0	$0
Lane Hafele	Board Member	0.00	Director	$0	$0	$0
Rocky Rochel	Board Member	0.00	Director	$0	$0	$0
William Anderson	Officer	30.00	Officer Director	$0	$0	$0
Carol Anderson	Co Founder and Vice President	30.00	Officer Director	$0	$0	$0
Earl Lorning	Board Secretary	0.00	Officer	$0	$0	$0
Anthony Masurka	Director	60.00	Key Emp	$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	$511,055	$349,681	$1,305,638	$161,374
2023	$304,359	$268,524	$1,148,720	$35,835
2022	$403,384	$345,268	$1,112,883	$58,116
2021	$241,065	$286,601	$1,054,767	$-45,536
2020	$202,345	$153,921	$1,100,303	$48,424

LifeChange Foundation Inc