LIFE SKILLS INTERNSHIPS

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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

Principal Officer

ROBERT LINDQUIST

Phone

3035485588

Tax Period

2023-01-01 to 2023-12-31

Mission

LIFE SKILLS INTERNSHIPS HAS BEEN ORGANIZED TO ESTABLISH AN INTERNSHIP PROGRAM TO BRIDGE THE GAP BETWEENINFORMATION TAUGHT IN HIGHER EDUCATION COURSES AND PRACTICAL, REAL-WORLD SKILLS. ITS MISSION IS TO SUBSTANTIALLY IMPROVE STUDENTS' LIFE SKILLS AND FACILITATE THEIR CAREER READINESS, MARKETABILITY, ADVANCEMENT POTENTIAL, AND PREPARATION FOR MEANINGFUL AND FULFILLING PROFESSIONAL LIIVES.

Program Service Accomplishments

Program 1

Expenses: $460,539

ESTABLISH AN INTERNSHIP PROGRAM PER ITS MISSION STATEMENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $399,093

Fundraising Expenses $0

Program Expenses $460,539

Other Expenses $61,446

TOTAL EXPENSES $460,539

Year-over-Year Comparison

	2023	2022	Change
Revenue	N/A	N/A	N/A
Expenses	$460,539	$350,593	+0.3%
Net Income	N/A	$-350,593	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

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

$83,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM MORGAN	DIRECTOR	5.00	Director	$0	$0	$0
JOHN PETER LINDQUIST	DIRECTOR	5.00	Director	$0	$0	$0
ROBERT LINDQUIST	PRESIDENT	40.00	Officer	$83,000	$0	$83,000

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
2023	No data	$460,539	$866,152	No data
2022	No data	$350,593	$1,333,376	No data
2021	$1,000,000	$258,498	$1,692,628	$741,502
2020	$1,000,000	$116,415	$890,721	$883,585