Lifeline Health Inc (EIN 833751844) - 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

2019

Legal Domicile

Principal Officer

Gary Kogan

Phone

8882026052

Tax Period

2024-01-01 to 2024-12-31

Lifeline Health Inc, founded in 2019, is a community nonprofit in the Health Care sector that reported $6.9M in total revenue in fiscal year 2024. Revenue surged 156% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 31% operating margin.

Mission

Lifeline Health is a Nonprofit health org. committed to helping and improving health in underserved communities. Lifeline Health and its staff members are dedicated to providing quality, reliable, and safe medical services to all in need, regardless of ability to pay.

🔒

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 $6,940,212

Investment Income $0

Other Revenue $3,942

TOTAL REVENUE $6,944,154

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,290,889

Fundraising Expenses $0

Program Expenses $4,497,240

Other Expenses $3,524,742

TOTAL EXPENSES $4,815,631

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,944,154	$2,710,770	+1.6%
Expenses	$4,815,631	$1,933,187	+1.5%
Net Income	$2,128,523	$777,583	+1.7%

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

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

$288,100

Total Directors

$288,100

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gary Kogan	Executive Director	45.00	Officer Director	$288,100	$0	$288,100
Cora Mann	President	1.00	Officer Director	$0	$0	$0
Dimitry Shaposhnikov	Treasurer	1.00	Officer Director	$0	$0	$0
Shonta Darden	Secretary	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	$6,944,154	$4,815,631	$3,577,220	$2,128,523
2023	$2,710,770	$1,933,187	$1,587,651	$777,583
2022	$136,002	$1,225,936	$839,671	$-1,089,934
2020	$29,198,411	$27,785,106	$6,721,470	$1,413,305
2019	$4,251,452	$2,500,520	$2,362,338	$1,750,932

Lifeline Health Inc