LIFE'S ENERGY WELLNESS CENTER INC

EIN: 814483941 501(c)(3) Mental Health

EASTON, MD

Total Revenue
$1,400,651
Total Expenses
$1,313,457
Total Assets
$81,716
Net Assets
$10,643
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
MD
Principal Officer
ANDRE KELLY-FREEMAN
Phone
4434960245
Tax Period
2023-01-01 to 2023-12-31

LIFE'S ENERGY WELLNESS CENTER INC, founded in 2016, is a community nonprofit in the Mental Health sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 28% from the prior year, signaling strong growth momentum. Expenses of $1.3M left a modest 6% surplus.

Mission

CONSULT WITH COUNTY REFERRED INDIVIDUALS WITH MENTAL AND BEHAVIORAL HEALTH PROBLEMS.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,400,651
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,400,651

Expense Breakdown

Grants Paid $0
Salaries & Benefits $936,974
Fundraising Expenses $0
Program Expenses $1,313,457
Other Expenses $376,483
TOTAL EXPENSES $1,313,457

Year-over-Year Comparison

2023 2022 Change
Revenue $1,400,651 $1,090,562 +0.3%
Expenses $1,313,457 $971,922 +0.4%
Net Income $87,194 $118,640 -0.3%
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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
43
Volunteers
1

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
0
$0
Total Directors
1
$124,310
Key Employees
1
$98,461
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANDREA K FREEMAN CEO/DIRECTOR 40.00
Director
$124,310 $0 $124,310
VERNON FREEMAN JR ADMIN 40.00
Key Emp
$98,461 $0 $98,461
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
2023 $1,400,651 $1,313,457 $81,716 $87,194
2022 $1,090,562 $971,922 $51,705 $118,640
2021 $750,014 $742,332 No data $7,682
2019 $490,513 $450,032 $40,481 $40,481
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LIFE'S ENERGY WELLNESS CENTER INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.