LIFE RESTORATION NETWORK (EIN 823297557) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2017

Legal Domicile

Principal Officer

STEVEN P BOLOS

Phone

2146326426

Tax Period

2024-01-01 to 2024-12-31

LIFE RESTORATION NETWORK, founded in 2017, is a small nonprofit in the Recreation & Sports sector that reported $316K in total revenue in fiscal year 2024. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 29% operating margin.

Mission

THE PURPOSE OF OUR NON-PROFIT'S ANNUAL GOLF TOURNAMENT IS TO RAISE FUNDS AND AWARENESS FOR MULTIPLE CAUSES, SUPPORTING SEVERAL ORGANIZATIONS IN NEED. THIS EVENT BRINGS TOGETHER GOLFERS OF ALL SKILL LEVELS FOR A DAY OF FRIENDLY COMPETITION WHILE MAKING A MEANINGFUL IMPACT. PROCEEDS FROM THE TOURNAMENT DIRECTLY FUND OUR GRANTS, ALLOWING US TO CONTINUE OUR WORK AND EXPAND OUR REACH. THROUGH THIS EVENT, WE AIM TO BUILD COMMUNITY, ENCOURAGE PHILANTHROPY, AND DRIVE POSITIVE CHANGE IN THE LIVES OF THOSE WE SERVE.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $216,400

Program Service Revenue $99,309

Investment Income $0

Other Revenue $-3

TOTAL REVENUE $315,706

Expense Breakdown

Grants Paid $210,536

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $219,082

Other Expenses $13,574

TOTAL EXPENSES $224,110

Year-over-Year Comparison

	2024	2023	Change
Revenue	$315,706	$259,752	+0.2%
Expenses	$224,110	$500,071	-0.6%
Net Income	$91,596	$-240,319	-1.4%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN P BOLOS	PRESIDENT	N/A	Officer Director	$0	$0	$0
ESTEVAN DELEON	TREASURER	N/A	Officer Director	$0	$0	$0
ALLISON JENNINGS	SECRETARY	N/A	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	$315,706	$224,110	$205,501	$91,596
2023	$259,752	$500,071	$113,905	$-240,319
2022	$550,078	$274,243	$403,381	$275,835
2021	$385,088	$346,017	$127,586	$39,071
2020	$451,415	$731,954	$89,589	$-280,539
2019	$842,951	$740,477	$348,460	$102,474
2018	$559,009	$396,491	$234,267	$162,518

LIFE RESTORATION NETWORK