FORTIFIED LIFE INC (EIN 854058595) - 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

PATRICK O'LEARY

Phone

3192772141

Tax Period

2024-01-01 to 2024-12-31

FORTIFIED LIFE INC, founded in 2020, is a small nonprofit in the Health Care sector that reported $950K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $315K, a strong 33% operating margin.

Mission

PROVIDE WELLNESS AND CARE OPTIONS TO PROLONG THE ABILITY OF SENIORS TO STAY IN THEIR HOMES.

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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 $0

Program Service Revenue $947,855

Investment Income $2,324

Other Revenue $0

TOTAL REVENUE $950,179

Expense Breakdown

Grants Paid $0

Salaries & Benefits $246,822

Fundraising Expenses $0

Program Expenses $402,197

Other Expenses $388,014

TOTAL EXPENSES $634,836

Year-over-Year Comparison

	2024	2023	Change
Revenue	$950,179	$833,372	+0.1%
Expenses	$634,836	$480,642	+0.3%
Net Income	$315,343	$352,730	-0.1%

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

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

$1,721,326

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SARAH BROWN	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
RONALD GAINES	VICE CHAIR	1.00	Officer Director	$0	$0	$0
LARRY FOX	IMMEDIATE PAST CHAIR	1.00	Officer Director	$0	$0	$0
GREG SCHMITZ	TREASURER	1.00	Officer Director	$0	$0	$0
DR RICHARD FRANKHAUSER	SECRETARY	1.00	Officer Director	$0	$0	$0
NAFISSA EGBUONYE	DIRECTOR	1.00	Director	$0	$0	$0
ASHLEY SWANSON	DIRECTOR	1.00	Director	$0	$0	$0
DIANNE SCHULTZ	DIRECTOR	1.00	Director	$0	$0	$0
KRIS HANSEN	CHIEF EXECUTIVE OFFICER	1.00	Officer	$0	$45,481	$544,285
PAT O'LEARY	CHEIF STRATEGY OFFICER	1.00	Officer	$0	$53,536	$374,606
JERRY HARRIS	PRESIDENT- CEDAR FALLS OPE	1.00	Officer	$0	$41,307	$285,157
DARRELL MCCORMICK	CHIEF OPERATING OFFICER	1.00	Officer	$0	$50,425	$312,773
WENDY AGER	CHIEF CLINICAL OFFICER	1.00	Officer	$0	$8,981	$204,505

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	$950,179	$634,836	$3,970,688	$315,343
2023	$833,372	$480,642	$3,671,518	$352,730
2022	$619,630	$490,482	$3,014,084	$129,148
2021	$327,927	$357,827	$2,400,461	$-29,900

FORTIFIED LIFE INC