LIFEVANTAGE LEGACY INC (EIN 823548523) - 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

2017

Legal Domicile

Principal Officer

MICHELLE VIRCHOW

Phone

8014329000

Tax Period

2023-07-01 to 2024-06-30

LIFEVANTAGE LEGACY INC, founded in 2017, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $117K in total revenue in fiscal year 2023.

Mission

LIFEVANTAGE LEGACY HELPS THE LEADERS OF TOMORROW BY TOUCHING A MILLION LIVES ACROSS THE WORLD TODAY. FROM SIMPLY HELPING A CHILD IN NEED TO SUPPORTING INITIATIVES THAT UPLIFT ENTIRE COMMUNITIES, OUR GOAL IS SIMPLE - GIVE FUTURE GENERATIONS THE SUPPORT AND RESOURCES THEY NEED

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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 $116,518

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $116,518

Expense Breakdown

Grants Paid $82,085

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,085

Other Expenses $42,347

TOTAL EXPENSES $124,432

Year-over-Year Comparison

	2023	2022	Change
Revenue	$116,518	$119,002	0.0%
Expenses	$124,432	$184,197	-0.3%
Net Income	$-7,914	$-65,195	-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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

500

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

$4,097,995

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN FIFE	CFO	1.00	Director	$0	$1,456,934	$3,427,386
MICHELLE VIRCHOW	CPO	1.00	Director	$0	$157,390	$670,609

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	$116,518	$124,432	$71,823	$-7,914
2023	$119,002	$184,197	$79,737	$-65,195
2022	$247,142	$233,325	$144,932	$13,817
2021	$95,611	$76,753	$131,115	$18,858
2020	$223,364	$241,810	$112,257	$-18,446
2019	$222,601	$200,594	$130,703	$22,007

LIFEVANTAGE LEGACY INC