LIFESPAN LOCAL INC (EIN 873136973) - 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

2021

Legal Domicile

Principal Officer

LYDIA PRADO

Phone

7204274283

Tax Period

2024-01-01 to 2024-12-31

LIFESPAN LOCAL INC, founded in 2021, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $6.4M in total revenue in fiscal year 2024. Revenue surged 122% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.5M, a strong 54% operating margin.

Mission

CULTIVATE COMMUNITY WELL-BEING THROUGH PARTNERSHIPS WITH LOCAL RESIDENTS AND COMMUNITY CHAMPIONS.

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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 $6,259,094

Program Service Revenue $0

Investment Income $112,920

Other Revenue $6,368

TOTAL REVENUE $6,378,382

Expense Breakdown

Grants Paid $188,443

Salaries & Benefits $1,353,256

Fundraising Expenses $0

Program Expenses $1,805,113

Other Expenses $1,373,078

TOTAL EXPENSES $2,914,777

Year-over-Year Comparison

	2024	2023	Change
Revenue	$6,378,382	$2,869,335	+1.2%
Expenses	$2,914,777	$2,311,271	+0.3%
Net Income	$3,463,605	$558,064	+5.2%

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

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

$274,993

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSE ESPARZA	BOARD CHAIR	1.00	Officer Director	$0	$0	$0
CRYSTAL MUNOZ	SECRETARY	1.00	Officer Director	$0	$0	$0
ARTURO GARCIA	BOARD MEMBER	1.00	Director	$0	$0	$0
NOAH ATENCIO	BOARD MEMBER	1.00	Director	$0	$0	$0
LYDIA PRADO	EXECUTIVE DIRECTOR	50.00	Officer	$213,956	$21,891	$235,847
NATALIA SULLIVAN	DIRECTOR OF OPERATIONS	40.00	Officer	$35,252	$3,894	$39,146

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	$6,378,382	$2,914,777	$25,674,118	$3,463,605
2023	$2,869,335	$2,311,271	$21,677,400	$558,064
2022	$3,446,418	$3,485,898	$18,203,544	$-39,480

LIFESPAN LOCAL INC