GREAT LIFE MENTORING

EIN: 872058987 501(c)(3) Youth Development

FLORENCE, OR

Total Revenue
$373,727
Total Expenses
$489,006
Total Assets
$395,248
Net Assets
$368,803
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
OR
Principal Officer
Elizabeth Higley
Phone
9714217733
Tax Period
2024-01-01 to 2024-12-31

GREAT LIFE MENTORING, founded in 2021, is a small nonprofit in the Youth Development sector that reported $374K in total revenue in fiscal year 2024. Revenue fell 37% from the prior year — a significant decline worth monitoring. Expenses of $489K exceeded revenue, resulting in a 31% operating deficit.

Mission

Great Life Mentoring (GLM) is an innovative mental health intervention that utilizes trained community volunteers as mentors to enhance mental health outcomes for youth from low-resource families. GLM cultivates meaningful relationships where children facing adversity-and the adults who mentor them-live happier, healthier lives.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $373,727
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $373,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $360,418
Fundraising Expenses $22,193
Program Expenses $352,056
Other Expenses $128,588
TOTAL EXPENSES $489,006

Year-over-Year Comparison

2024 2023 Change
Revenue $373,727 $590,609 -0.4%
Expenses $489,006 $244,226 +1.0%
Net Income $-115,279 $346,383 -1.3%
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

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
4
Volunteers
65

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
4
$99,781
Total Directors
6
$99,781
Key Employees
1
$99,781
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Higley Executive Director 40
Officer Director Key Emp
$93,550 $6,231 $99,781
Emily Dunbar President 3
Officer Director
$0 $0 $0
Andrea Barto Secretary 2
Officer Director
$0 $0 $0
Chris McClung Treasurer 3.00
Officer Director
$0 $0 $0
Leif Liljequist Director 2
Director
$0 $0 $0
Melissa O'Keefe Director 2
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 $373,727 $489,006 $395,248 $-115,279
2023 $590,609 $244,226 $490,507 $346,383
2022 $292,558 $247,831 $152,472 $44,727
Explore More Nonprofits
Top 100 Nonprofits in Oregon Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare GREAT LIFE MENTORING with other nonprofits in Oregon and across the country.