LIFE PRACTICE ALLIANCE

EIN: 844191742 501(c)(3)

GARDNERVILLE, NV

Total Revenue
$45,330
Total Expenses
$58,127
Total Assets
$505,444
Net Assets
$505,444
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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
Legal Domicile
NV
Principal Officer
JANE LOMMEL
Phone
7757828788
Tax Period
2021-01-01 to 2021-12-31

LIFE PRACTICE ALLIANCE, founded in 2019, is a micro nonprofit that reported $45K in total revenue in fiscal year 2021. Revenue fell 92% from the prior year — a significant decline worth monitoring. Expenses of $58K exceeded revenue, resulting in a 28% operating deficit.

Mission

Promoting, providing, and engaging in spiritual and human development, education, practice, and study to encourage integrity and service to others.

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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%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $11,970
Program Service Revenue $33,360
Investment Income $0
Other Revenue $0
TOTAL REVENUE $45,330

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $38,040
Other Expenses $58,127
TOTAL EXPENSES $58,127

Year-over-Year Comparison

2021 2020 Change
Revenue $45,330 $540,207 -0.9%
Expenses $58,127 $50,781 +0.1%
Net Income $-12,797 $489,426 -1.0%
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

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Governance

Voting Members
8
Independent Members
8
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANE LOMMEL Treasurer 2.00
Director
$0 $0 $0
JOANNE MARCHETTA President 2.00
Director
$0 $0 $0
NANCY LANG Secretary 2.00
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
2021 $45,330 $58,127 $505,444 $-12,797
2020 $540,207 $50,781 $518,571 $489,426
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