Keep the Good Life Inc

EIN: 853253755

Lincoln, NE

Total Revenue
$2,553,000
Total Expenses
$2,509,036
Total Assets
$43,964
Net Assets
$43,964
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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
NE
Principal Officer
Mark Quandahl
Phone
4029917167
Tax Period
2020-10-01 to 2020-12-31

Keep the Good Life Inc, founded in 2020, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2020.

Mission

To promote the social welfare and general health of Nebraskans by advocating in opposition to activities and initiatives that foster addictive behaviors.

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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 (2020)

Revenue Breakdown

Contributions & Grants $2,553,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,553,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,503,134
Other Expenses $2,509,036
TOTAL EXPENSES $2,509,036

Year-over-Year Comparison

2020 2019 Change
Revenue $2,553,000 N/A N/A
Expenses $2,509,036 N/A N/A
Net Income $43,964 $0 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
3
Independent Members
3
Employees
N/A
Volunteers
4

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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark Quandahl Director and President 1
Officer Director
$0 $0 $0
Darlene Starman Director and Vice President 1
Officer Director
$0 $0 $0
Mark Fahleson Director, Secretary and Treasurer 1
Officer 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
2020 $2,553,000 $2,509,036 $43,964 $43,964
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