LIFELABKIDS FOUNDATION (EIN 811334117) - 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

2016

Principal Officer

JAI REDDY

Phone

2486294600

Tax Period

2024-01-01 to 2024-12-31

LIFELABKIDS FOUNDATION, founded in 2016, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.6M in total revenue in fiscal year 2024. Expenses of $2.9M exceeded revenue, resulting in a 13% operating deficit.

Mission

LIFELAB KIDS FOUNDATION HELPS STUDENTS OF ALL ABILITIES TO DISCOVER AND EXPLORE THEIR UNIQUE, TRUE POTENTIAL THROUGH A BLEND OF EVIDENCE-BASED INTERVENTIONS, THERAPEUTIC ACTIVITIES, AND INNOVATIVE TECHNOLOGIES.

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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 $592,343

Program Service Revenue $1,961,991

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,554,334

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,115,300

Fundraising Expenses $22,597

Program Expenses $2,179,851

Other Expenses $760,294

TOTAL EXPENSES $2,875,594

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,554,334	$2,396,855	+0.1%
Expenses	$2,875,594	$2,947,858	0.0%
Net Income	$-321,260	$-551,003	-0.4%

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

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
NEELIMA DEPA	TRUSTEE	5.00	Director	$0	$0	$0
JUTHICA REDDY	TRUSTEE	5.00	Director	$0	$0	$0
JAI REDDY	PRESIDENT	20.00	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	$2,554,334	$2,875,594	$2,865,510	$-321,260
2023	$2,396,855	$2,947,858	$2,827,704	$-551,003
2022	$2,392,186	$1,874,050	$3,030,161	$518,136
2021	$1,826,227	$1,567,221	$1,630,763	$259,006
2020	$1,250,269	$963,542	$1,472,629	$286,727
2019	$647,689	$449,177	$353,124	$198,512

LIFELABKIDS FOUNDATION