LIFESKILLS HEALTH SERVICES INC

EIN: 811641498 501(c)(3) Health Care

BOWLING GREEN, KY

Total Revenue
$15,935,321
Total Expenses
$15,837,024
Total Assets
$5,190,219
Net Assets
$3,894,417
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
KY
Principal Officer
JOHN SIVLEY
Phone
2709015239
Tax Period
2023-07-01 to 2024-06-30

LIFESKILLS HEALTH SERVICES INC, founded in 2016, is a mid-sized nonprofit in the Health Care sector that reported $15.9M in total revenue in fiscal year 2023. Revenue decreased 17% compared to the prior year.

Mission

LIFESKILLS HEALTH SERVICES, INC. WAS INCORPORATED TO PROVIDE DIRECT CARE FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES AND ISSUES RELATED TO THEIR MENTAL AND GENERAL HEALTH, INCLUDING BUT NOT LIMITED TO THE CONSULTATION, DIAGNOSIS, TREATMENT, AND FOLLOW-UP TREATMENT AND CARE. THE ENITY ADDITIONALLY PROVIDES SUPPORTING SERVICES TO LIKE-KIND, TAX-EXEMPT AGENCIES. THE ENTITY ALSO CONDUCTS ANY AND ALL BUSINESS AND ADMINISTRATIVE TASKS NECESSARY TO PROVIDE THESE HEALTHCARE SERVICES. THESE SERVICES ARE PROVIDED PRIMARILY IN SOUTH CENTRAL KENTUCKY AND ARE BASED IN BOWLING GREEN, KENTUCKY. THE ENTITY IS CURRENTLY SERVING THE COMMUNITY'S MENTAL HEALTH SERVICES INDUSTRY WITH CURRENT NEGOTIATIONS TO PROVIDE ADDITIONAL SUPPORTING SERVICES TO OTHER TAX EXEMPT ORGANIZATIONS INCLUDING LOCAL HEALTH DEPARTMENTS, RAPE CRISIS CENTERS, AND DOMESTIC VIOLENCE SHELTERS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $15,846,374
Investment Income $88,947
Other Revenue $0
TOTAL REVENUE $15,935,321

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,686,696
Fundraising Expenses $0
Program Expenses $14,987,926
Other Expenses $3,150,328
TOTAL EXPENSES $15,837,024

Year-over-Year Comparison

2023 2022 Change
Revenue $15,935,321 $19,295,139 -0.2%
Expenses $15,837,024 $18,603,316 -0.1%
Net Income $98,297 $691,823 -0.9%
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

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Governance

Voting Members
4
Independent Members
4
Employees
405
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
2
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDALL CURRY BOARD MEMBER 1.00
Director
$0 $0 $0
RICK DUBOSE CHAIRMAN 1.00
Officer Director
$0 $0 $0
JOHN EATON BOARD MEMBER 1.00
Director
$0 $0 $0
TONY SALYER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN SIVLEY EXECUTIVE DI 40.00
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
2025 No data No data No data No data
2024 $15,935,321 $15,837,024 $5,190,219 $98,297
2023 $19,295,139 $18,603,316 $5,113,578 $691,823
2022 $22,046,211 $21,406,790 $5,258,261 $639,421
2021 $27,728,488 $24,860,235 $5,725,437 $2,868,253
2020 $16,638,076 $16,766,785 $6,144,207 $-128,709
2019 $8,140,304 $7,832,694 $1,225,098 $307,610
2018 $5,550,211 $5,319,058 $660,540 $231,153
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