Life Connections of the Carolinas Inc (EIN 820682551) - 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

2015

Legal Domicile

Principal Officer

Glenn Smith

Phone

5712966860

Tax Period

2023-07-01 to 2024-06-30

Life Connections of the Carolinas Inc, founded in 2015, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $917K in total revenue in fiscal year 2023.

Mission

To create the conditions through carefully designed and implemented programming for youth and their families to find their own solutions within themselves ad within the communities they live.

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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 (2023)

Revenue Breakdown

Contributions & Grants $915,548

Program Service Revenue $0

Investment Income $0

Other Revenue $1,411

TOTAL REVENUE $916,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $140,094

Fundraising Expenses $0

Program Expenses $796,081

Other Expenses $810,348

TOTAL EXPENSES $950,442

Year-over-Year Comparison

	2023	2022	Change
Revenue	$916,959	$849,680	+0.1%
Expenses	$950,442	$926,607	+0.0%
Net Income	$-33,483	$-76,927	-0.6%

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

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

$69,358

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Glenn Smith	Executive Dir.	40.00	Officer	$69,358	$0	$69,358
Mary-Margaret Kantor	Chairman	2.00	Officer Director	$0	$0	$0
Mark Jackson	Chairman	2.00	Officer Director	$0	$0	$0
Matt Caragher	Treasurer	2.00	Officer Director	$0	$0	$0
Aretha Moore	Secretary	2.00	Officer Director	$0	$0	$0
Frank Crawford	Director	2.00	Director	$0	$0	$0
Mike Hummer	Director	2.00	Director	$0	$0	$0
Charlie Swanson	Director	2.00	Director	$0	$0	$0
Brent Davis	Director	2.00	Director	$0	$0	$0
Mark Stressman	Director	2.00	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	$916,959	$950,442	$66,890	$-33,483
2023	$849,680	$926,607	$30,729	$-76,927
2022	$836,627	$886,442	$45,514	$-49,815
2021	$886,496	$936,314	$123,795	$-49,818
2020	$713,350	$750,025	$24,436	$-36,675
2019	$478,082	$474,612	$7,187	$3,470

Life Connections of the Carolinas Inc