LIFE NETWORK INC (EIN 770116381) - 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

Principal Officer

JAELYNNE LAY

Phone

8059679096

Tax Period

2023-01-01 to 2023-12-31

LIFE NETWORK INC is a small nonprofit that reported $551K in total revenue in fiscal year 2023. The organization ran a surplus of $110K, a strong 20% operating margin.

Mission

LIFE NETWORK OFFERS A FREE PREGNANCY TEST, LIMITED OBSTETRICAL ULTRASOUND AND LIMITED STI (SEXUALLY-TRANSMITTED INFECTION) TESTING. LIFE NETWORK ALSO REACHES OUT TO THE YOUTH IN THE COMMUNITY THROUGH ABSTINENCE PROGRAMS. IT IS DESIGNED TO REACH TEENS ON THE BENEFITS OF ABSTAINING FROM SEX BEFORE MARRIAGE, THE POTENTIAL CONSEQUENCES OF EARLY SEXUAL ACTIVITY AND THE COMPONENTS OF A HEALTHY RELATIONSHIP.

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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 $446,655

Program Service Revenue $0

Investment Income $104,524

Other Revenue $0

TOTAL REVENUE $551,179

Expense Breakdown

Grants Paid $0

Salaries & Benefits $225,432

Fundraising Expenses $30,559

Program Expenses $251,822

Other Expenses $215,848

TOTAL EXPENSES $441,280

Year-over-Year Comparison

	2023	2022	Change
Revenue	$551,179	$525,034	+0.0%
Expenses	$441,280	$410,813	+0.1%
Net Income	$109,899	$114,221	0.0%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BECKERS	PRESIDENT	1.00	Officer Director	$0	$0	$0
TIM EATON	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
SHARON HUGHES	SECRETARY	1.00	Officer Director	$0	$0	$0
MIA MCELWEE RN	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	$551,179	$441,280	$1,797,028	$109,899
2022	$525,034	$410,813	$1,598,449	$114,221
2021	$593,850	$464,194	$1,587,735	$129,656
2020	$790,263	$378,588	$1,495,555	$411,675
2019	$525,321	$428,984	$1,098,620	$96,337
2018	$482,670	$393,455	$921,049	$89,215

LIFE NETWORK INC