LIFEARK COMMUNITY INC

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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

2019

Phone

6265359370

Tax Period

2019-01-01 to 2019-12-31

LIFEARK COMMUNITY INC, founded in 2019, is a small nonprofit in the Housing & Shelter sector that reported $250K in total revenue in fiscal year 2019. The organization ran a surplus of $45K, a strong 18% operating margin.

Mission

TO SERVE FAMILIES AND COMMUNITIES IN DEVELOPING AFFORDABLE HOUSING BY BUILDING RELATIONSHIPS AND CREATING SUSTAINABLE SOLUTIONS, SPECIFICALLY FOR THE GROWING HOMELESS POPULATION.

Program Service Accomplishments

Program 1

DEVELOP SUPPORTIVE HOUSING FOR THE HOMELESS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $250,086

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $250,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $205,175

TOTAL EXPENSES $205,175

Year-over-Year Comparison

	2019	2018	Change
Revenue	$250,086	N/A	N/A
Expenses	$205,175	N/A	N/A
Net Income	$44,911	N/A	N/A

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

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
HENRY HONG	Director	4.00	Director	$0	$0	$0
DREW GARCIA	Director	4.00	Director	$0	$0	$0
CHARLES WEE	President & CEO	15.00	Officer	$0	$0	$0
REBECCA WEE	CFO & TREASURER	10.00	Officer	$0	$0	$0
PAUL CHO	Secretary	4.00	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
2019	$250,086	$205,175	$55,911	$44,911