LIFE AND DISCOVERY INC (EIN 861140556) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2005

Legal Domicile

Principal Officer

ELIZABETH CHUNG

Phone

3016943355

Tax Period

2023-01-01 to 2023-12-31

LIFE AND DISCOVERY INC, founded in 2005, is a community nonprofit in the Education sector that reported $5.2M in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.3M, a strong 25% operating margin.

Mission

OUR MISSION IS TO PROVIDE ALL IMMIGRANTS WITH ESSENTIAL SKILLS TO BE INDEPENDENT AND SUCCESSFUL CONTRIBUTORS TO OUR COMMUNITIES AND SOCIETY AT LARGE.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,050,225

Program Service Revenue $146,435

Investment Income $593

Other Revenue $14,018

TOTAL REVENUE $5,211,271

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,416,108

Fundraising Expenses $0

Program Expenses $3,745,791

Other Expenses $2,477,568

TOTAL EXPENSES $3,893,676

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,211,271	$3,077,737	+0.7%
Expenses	$3,893,676	$2,854,391	+0.4%
Net Income	$1,317,595	$223,346	+4.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

$155,790

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHELLE BEADLE	DIRECTOR	2.00	Director	$0	$0	$0
DR CYNTHIA MACRI	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHARLOTTE DAVIS	SECRETARY	2.00	Officer Director	$0	$0	$0
AMIT KUMAR	DIRECTOR	2.00	Director	$0	$0	$0
REV JOHN PONNALA	PRESIDENT	2.00	Officer Director	$0	$0	$0
PATRICIA SIMONS	DIRECTOR	2.00	Director	$0	$0	$0
MINHKHOI NGUYEN	DIRECTOR	2.00	Director	$0	$0	$0
THERESA SMITH	DIRECTOR	2.00	Director	$0	$0	$0
LAKSHMI DARBHA	DIRECTOR	2.00	Director	$0	$0	$0
KANG LEE	TREASURER	2.00	Officer Director	$0	$0	$0
DR DAWEI YANG	DIRECTOR	2.00	Director	$0	$0	$0
DR WILLIAM REID	DIRECTOR	2.00	Director	$0	$0	$0
HONGWEI XU	DIRECTOR	2.00	Director	$0	$0	$0
ELIZABETH CHUNG	EXECUTIVE DIRECTOR	40.00	Officer	$155,097	$693	$155,790

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	No data	No data	No data	No data
2023	$5,211,271	$3,893,676	$5,572,966	$1,317,595
2022	$3,077,737	$2,854,391	$3,527,049	$223,346
2021	$2,130,361	$1,657,999	$1,723,118	$472,362
2020	$1,099,620	$895,672	$1,235,599	$203,948

LIFE AND DISCOVERY INC