DALLAS LIFE SUPPORT CORPORATION (EIN 853119509) - 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

2020

Legal Domicile

Principal Officer

ROBERT SWEENEY

Phone

2144211380

Tax Period

2024-01-01 to 2024-12-31

DALLAS LIFE SUPPORT CORPORATION, founded in 2020, is a small nonprofit in the Housing & Shelter sector that reported $273K in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $860K exceeded revenue, resulting in a 215% operating deficit.

Mission

TO SUPPORT THE MISSION OF DALLAS MISSION FOR LIFE.

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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 $118,343

Program Service Revenue $0

Investment Income $0

Other Revenue $155,000

TOTAL REVENUE $273,343

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $17,090

Program Expenses $808,896

Other Expenses $860,166

TOTAL EXPENSES $860,166

Year-over-Year Comparison

	2024	2023	Change
Revenue	$273,343	$361,867	-0.2%
Expenses	$860,166	$870,044	0.0%
Net Income	$-586,823	$-508,177	+0.2%

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

$219,997

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT SWEENEY	Director	5.00	Director	$0	$110,060	$219,997
JOHN KOESEMA	Director	5.00	Director	$0	$0	$0
HAROLD HOLMYARD	Director	5.00	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
2024	$273,343	$860,166	$10,509,280	$-586,823
2023	$361,867	$870,044	$11,078,241	$-508,177
2022	$877,980	$881,649	$11,563,774	$-3,669
2021	$154,833	$1,153,342	$11,532,965	$-998,509
2020	$9,618,150	$7,431,829	$14,059,196	$2,186,321

DALLAS LIFE SUPPORT CORPORATION