LOCK ARMS FOR LIFE

EIN: 845020659 501(c)(3) Public Safety

AUSTIN, TX

Total Revenue
$215,752
Total Expenses
$227,415
Total Assets
$118,984
Net Assets
$112,639
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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
2020
Legal Domicile
TX
Principal Officer
LEESA ROSS
Phone
8284061864
Tax Period
2025-01-01 to 2025-12-31

LOCK ARMS FOR LIFE, founded in 2020, is a small nonprofit in the Public Safety sector that reported $216K in total revenue in fiscal year 2025.

Mission

TO RAISE AWARENESS OF THE NEED FOR SAFE GUN STORAGE

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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 (2025)

Revenue Breakdown

Contributions & Grants $195,546
Program Service Revenue $20,206
Investment Income $0
Other Revenue $0
TOTAL REVENUE $215,752

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $93,795
Program Expenses $125,403
Other Expenses $186,420
TOTAL EXPENSES $227,415

Year-over-Year Comparison

2025 2024 Change
Revenue $215,752 N/A N/A
Expenses $227,415 N/A N/A
Net Income $-11,663 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

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Governance

Voting Members
6
Independent Members
6
Employees
N/A
Volunteers
6

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
1
$0
Total Directors
0
$0
Key Employees
1
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDALL ROSS BOARD MEMBER 10.00
$0 $0 $0
PAT KORBUS BOARD MEMBER 10.00
$0 $0 $0
LESLIE ERVIN BOARD MEMBER 10.00
$0 $0 $0
LEESA ROSS BOARD PRESIDENT 35.00
Key Emp
$0 $0 $0
BILL ODLE BOARD MEMBER 10.00
$0 $0 $0
DR DANIEL GUZMAN BOARD MEMBER 10.00
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
2025 $215,752 $227,415 $118,984 $-11,663
2024 $202,882 $219,987 $102,545 $-17,105
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