LIFESTREAM MINISTRIES INC (EIN 770448018) - 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

1997

Legal Domicile

Principal Officer

RICHARD J ARTIS II

Phone

8054987774

Tax Period

2023-01-01 to 2023-12-31

LIFESTREAM MINISTRIES INC, founded in 1997, is a small nonprofit in the Religion sector that reported $197K in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $291K exceeded revenue, resulting in a 48% operating deficit.

Mission

To spread the Gospel

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $190,310

Program Service Revenue $0

Investment Income $-1,495

Other Revenue $7,718

TOTAL REVENUE $196,533

Expense Breakdown

Grants Paid $206,804

Salaries & Benefits $24,125

Fundraising Expenses $0

Program Expenses $250,084

Other Expenses $60,078

TOTAL EXPENSES $291,007

Year-over-Year Comparison

	2023	2022	Change
Revenue	$196,533	$118,679	+0.7%
Expenses	$291,007	$633,850	-0.5%
Net Income	$-94,474	$-515,171	-0.8%

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

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
WAYNE JACOBSEN	President	40.00	Officer Director	$0	$0	$0
SARA JACOBSEN	Secretary	20.00	Officer Director	$0	$0	$0
RICHARD J ARTIS II	Treasurer	0.00	Officer Director	$0	$0	$0
RON BRISCO	Director	0.00	Director	$0	$0	$0
JIM OLIVERAS	Director	0.00	Director	$0	$0	$0
PHIL SHANNON	Director	0.00	Director	$0	$0	$0
AMY HORN	Director	0.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$196,533	$291,007	$277,174	$-94,474
2022	$118,679	$633,850	$444,693	$-515,171
2021	$121,233	$598,417	$958,102	$-477,184
2020	$283,443	$775,927	$1,435,669	$-492,484
2019	$121,524	$507,895	$1,929,418	$-386,371
2018	$174,221	$425,875	$2,315,910	$-251,654

LIFESTREAM MINISTRIES INC