CAMBRIDGE, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LIFE SCIENCE CARES INC, founded in 2016, is a mid-sized nonprofit in the Medical Research sector that reported $12.5M in total revenue in fiscal year 2024. Revenue surged 25% from the prior year, signaling strong growth momentum. Expenses of $11.1M left a modest 11% surplus.
LIFE SCIENCE CARES ACTIVATES THE FINANCIAL AND HUMAN CAPITAL OF THE LIFE SCIENCES INDUSTRY AND PARTNERS WITH NONPROFITS TO DISRUPT THE CYCLE OF POVERTY AND INEQUALITY IN OUR COMMUNITIES. LSC SERVES NOT ONLY AS A GRANT-MAKING ORGANIZATION, BUT ALSO A COMMITTED COMMUNITY ENGAGING TO HELP SOLVE SOCIETAL PROBLEMS THROUGH A COMBINATION OF VOLUNTEERISM AND THOUGHT PARTNERSHIP.
SERVICE ORGANIZATION SUPPORT: LIFE SCIENCE CARES, INC. PROVIDES HUMAN CAPITAL, IN-KIND DONATIONS AND FINANCIAL RESOURCES (DONATIONS / GRANTS) TO LOCAL PARTNER SERVICE ORGANIZATIONS THAT HAVE THE SAME...
SERVICE ORGANIZATION SUPPORT: LIFE SCIENCE CARES, INC. PROVIDES HUMAN CAPITAL, IN-KIND DONATIONS AND FINANCIAL RESOURCES (DONATIONS / GRANTS) TO LOCAL PARTNER SERVICE ORGANIZATIONS THAT HAVE THE SAME COMMON GOAL, TO HELP FIGHT POVERTY IN THE SURROUNDING COMMUNITY. ANNUAL GRANTMAKING: LSC PROVIDES GRANTS TO CAREFULLY VETTED, LOCAL NONPROFIT ORGANIZATIONS DOING CRITICAL WORK THAT BEST ALIGNS WITH OUR FOCUS AREAS. BASIC NEEDS - ACCESS TO FOOD, HEALTHCARE, MENTAL HEALTH SERVICES, AND SAFE SHELTER EDUCATION - ACCESS TO LEARNING CRITICAL SKILLS IN SCHOOL, STEM PROGRAMS, AND HIGHER EDUCATION OPPORTUNITY - ACCESS TO JOBS AND MENTORSHIP, HELPING VULNERABLE ADULTS TO EARN A LIVING WAGE HEALTH EQUITY - INNOVATIVE, COMMUNITY-BASED SOLUTIONS THAT IMPROVE HEALTH OUTCOMES AND FOSTER VIBRANT, RESILIENT COMMUNITIESCOMMUNITY ENGAGEMENT: LSC BUILDS DEEP RELATIONSHIPS WITH GRANTEES AND CONTRIBUTES SERVICE VIA VOLUNTEERISM. THE ORGANIZATION WORKS CLOSELY WITH CORPORATE PARTNERS TO CREATE COMMUNITY ENGAGEMENT PLANS FOR STAFF.THOUGHT PARTNERSHIP: LSC HELPS TO BRING BIG IDEAS TO LIFE THROUGH ACTIVE THOUGHT PARTNERSHIP AMONGST INDUSTRY LEADERS, NONPROFIT PARTNERS, AND OUR STRATEGIC FUNDRAISING EFFORTS.BUILDING EQUITY: LSC'S PROGRAMS AIM TO BUILD EQUITY IN OUR COMMUNITIES. PROJECT ONRAMP CONNECTS UNDER-RESOURCED COLLEGE STUDENTS WITH PAID SUMMER INTERNSHIPS IN THE LIFE SCIENCES, HELPING TO BRIDGE THE OPPORTUNITY GAP FOR PROMISING YOUNG PEOPLE. THE ORGANIZATION PARTNERS WITH BIOTECH AND PHARMA COMPANIES, ALLOWING STUDENTS TO ACCESS RELEVANT WORK EXPERIENCE, EXPLORE CAREER PATHS, AND BUILD NETWORKS.ONE-TO-ONEA CURATED NETWORKING PLATFORM THAT SUPPORTS UNDER-RESOURCED STUDENTS AND JOB SEEKERS TO BUILD SOCIAL CAPITAL WITHIN THE INDUSTRY.SINCE ITS FOUNDING IN 2016, LSC HAS PARTNERED WITH LIFE SCIENCE COMPANIES ACROSS THE COUNTRY AND MADE GRANTS TO MANY DESERVING NONPROFITS. "CARING ACTIVELY" MAKES A DIFFERENCE AND INCLUDES SIGNIFICANT FINANCIAL SUPPORT FROM MANY LIFE SCIENCE COMPANIES, COUNTLESS VOLUNTEER HOURS COMMITTED, PLACING STUDENTS IN PAID INTERNSHIPS AND CONTRIBUTION GOODS AND SERVICES TO COMMUNITY PARTNERS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $12,525,481 | $9,986,155 | +0.3% |
| Expenses | $11,120,153 | $9,856,770 | +0.1% |
| Net Income | $1,405,328 | $129,385 | +9.9% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROB PEREZ | CHAIR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MIKE TOMSICEK | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ABE CEESAY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT URBAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CYNTHIA MAZAREAS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NOLAN TOWNSEND | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF HESSEKIEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| NINA KJELLSON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| TOM DANIEL | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JEFF MARRAZZO | DIRECTOR (UNTIL 11/12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| TRISHA MILLICAN | DIRECTOR (UNTIL 11/12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER FOX | DIRECTOR (UNTIL 11/12/2024) | 1.00 |
Director
|
$0 | $0 | $0 |
| VIN MILANO | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SEEMA KUMAR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM REDDOCH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| HEIDI ZOD | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CARIN CANALE-THEAKSTON | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID MELVILLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| SARAH MACDONALD | CLERK & CEO, LSC NATIONAL | 40.00 |
Officer
|
$272,001 | $30,321 | $302,322 |
| AISHA BARO | EXECUTIVE DIRECTOR, BAY AREA | 40.00 |
Highest
|
$268,859 | $25,836 | $294,695 |
| MORGAN BERMAN | EXECUTIVE DIRECTOR, PHILLY | 40.00 |
Highest
|
$206,128 | $35,037 | $241,165 |
| LEANE MARCHESE | INTERIM EXEC. DIRECTOR, BOSTON | 40.00 |
Highest
|
$206,266 | $18,562 | $224,828 |
| YVONNE SPICER | EXEC. DIRECTOR, BOSTON (UNTIL 2024) | 40.00 |
Highest
|
$209,488 | $5,846 | $215,334 |
| ELIZABETH FASSBERG | EXECUTIVE DIRECTOR, NEW YORK | 40.00 |
Highest
|
$183,643 | $20,698 | $204,341 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $12,525,481 | $11,120,153 | $11,977,275 | $1,405,328 |
| 2023 | $9,986,155 | $9,856,770 | $11,095,745 | $129,385 |
| 2022 | $8,643,098 | $6,935,202 | $9,242,190 | $1,707,896 |
| 2021 | $8,289,428 | $4,485,257 | $8,104,702 | $3,804,171 |
| 2020 | $5,637,759 | $3,604,534 | $3,578,866 | $2,033,225 |
| 2019 | $1,492,468 | $1,327,605 | $1,456,352 | $164,863 |
| 2018 | $1,046,580 | $969,704 | $1,158,681 | $76,876 |
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