LIFE AND BUILDING SAFETY COALITION INC (EIN 833642372) - 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

2018

Legal Domicile

Principal Officer

SARA STEFANSKI

Phone

9177443996

Tax Period

2024-01-01 to 2024-12-31

LIFE AND BUILDING SAFETY COALITION INC, founded in 2018, is a small nonprofit in the Community Improvement sector that reported $668K in total revenue in fiscal year 2024. Expenses of $744K exceeded revenue, resulting in a 11% operating deficit.

Mission

LABS IS ORGANIZED AND OPERATED TO SERVE AS A BUSINESS LEAGUE PROMOTING THE COMMON BUSINESS INTERESTS OF ITS MEMBERS BY IMPROVING THE SAFETY OF THE READY-MADE APPAREL AND FOOTWEAR SUPPLY CHAIN FROM WHICH LABS' MEMBERS SOURCES GOODS FOR SALE. LABS' PRIMARY ACTIVITY IS PARTICIPATION IN THE LABS PROGRAM, WHICH IS EXECUTED BY THE STICHTING LIFE AND BUILDING SAFETY INITIATIVE (FOUNDATION), A NETHERLANDS STICHTING.

🔒

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 $0

Program Service Revenue $667,610

Investment Income $0

Other Revenue $0

TOTAL REVENUE $667,610

Expense Breakdown

Grants Paid $733,514

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $743,939

Other Expenses $10,426

TOTAL EXPENSES $743,940

Year-over-Year Comparison

	2024	2023	Change
Revenue	$667,610	$635,020	+0.1%
Expenses	$743,940	$577,411	+0.3%
Net Income	$-76,330	$57,609	-2.3%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

N/A

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
MARCO REYES	PRESIDENT	1.00	Officer Director	$0	$0	$0
BETH CIESLIK	SECRETARY	1.00	Officer Director	$0	$0	$0
SARA STEFANSKI	TREASURER	1.00	Officer 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
2024	$667,610	$743,940	$102,403	$-76,330
2023	$635,020	$577,411	$178,733	$57,609
2022	$489,922	$821,756	$121,124	$-331,834
2021	$713,173	$485,574	$452,958	$227,599
2020	$587,120	$745,541	$225,359	$-158,421
2019	$383,863	$83	$383,780	$383,780

LIFE AND BUILDING SAFETY COALITION INC