LIFE CENTER FOUNDATION (EIN 850304320) - Form 990 Financial Analysis & Trantor Score

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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

1982

Legal Domicile

Principal Officer

MARJORIE MILLER-ENGEL

Phone

5054241404

Tax Period

2024-01-01 to 2024-12-31

LIFE CENTER FOUNDATION, founded in 1982, is a micro nonprofit that reported $74K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $66K left a modest 12% surplus.

Mission

PROVIDE FUNDING FOR NON-PROFIT ORGANIZATIONS THAT PROVIDE PROGRAMS FOR NM CHILDREN AND TEENS

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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 (2024)

Revenue Breakdown

Contributions & Grants $47,365

Program Service Revenue $0

Investment Income $26,879

Other Revenue $0

TOTAL REVENUE $74,244

Expense Breakdown

Grants Paid $35,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $41,016

Other Expenses $30,672

TOTAL EXPENSES $65,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$74,244	$61,384	+0.2%
Expenses	$65,672	$68,333	0.0%
Net Income	$8,572	$-6,949	-2.2%

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
MARJORIE MILLER-ENGEL	PRESIDENT	3.00	Officer Director	$0	$0	$0
MAX MYERS	SECRETARY	0.50	Officer Director	$0	$0	$0
ROBERT A ENGEL	DIRECTOR	0.50	Director	$0	$0	$0
LINDA HALE-OSBORNE	DIRECTOR	0.50	Director	$0	$0	$0
ROSALIND MILLOY	TREASURER	0.50	Officer Director	$0	$0	$0
CHARLOTTE MONTOYA-CAPLING	DIRECTOR	0.50	Director	$0	$0	$0
MYRNA RUSKIN	DIRECTOR	0.50	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	$74,244	$65,672	$384,961	$8,572
2023	$61,384	$68,333	$359,285	$-6,949
2022	$80,080	$66,509	$344,067	$13,571
2021	$63,056	$58,135	$402,997	$4,921
2020	$63,693	$57,042	$362,019	$6,651
2019	$46,033	$55,700	$376,358	$-9,667
2018	$58,552	$55,251	$336,449	$3,301

LIFE CENTER FOUNDATION