Leaders for Life Inc (EIN 900545115) - 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

2013

Legal Domicile

Principal Officer

Altark White

Phone

9738554950

Tax Period

2023-01-01 to 2023-12-31

Leaders for Life Inc, founded in 2013, is a community nonprofit in the Human Services sector that reported $1.2M in total revenue in fiscal year 2023. The organization ran a surplus of $249K, a strong 20% operating margin.

Mission

Leaders for Life, Inc. provide educational and mentoring services to at-risk youth in the greater Newark area.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,235,000

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,235,000

Expense Breakdown

Grants Paid $0

Salaries & Benefits $323,480

Fundraising Expenses $0

Program Expenses $708,036

Other Expenses $662,508

TOTAL EXPENSES $985,988

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,235,000	$1,163,569	+0.1%
Expenses	$985,988	$691,691	+0.4%
Net Income	$249,012	$471,878	-0.5%

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

N/A

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gail Baskerville-Norris	President	000.50	Director	$0	$0	$0
Latosha Taylor	Vice President	000.50	Director	$0	$0	$0
Kerry Thompson	Board Treasurer	000.50	Director	$0	$0	$0
Genaro Thompson	Board Secretary	000.50	Director	$0	$0	$0
Kelvin Robinson	Board Member	000.50	Director	$0	$0	$0
Altark White	CEO	035.00	Officer	$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	No data	No data	No data	No data
2023	$1,235,000	$985,988	$1,319,239	$249,012
2022	$1,163,569	$691,691	$1,001,533	$471,878
2021	$740,594	$459,386	$335,487	$281,208
2020	$594,009	$459,384	$307,648	$134,625
2019	$539,481	$417,680	$309,574	$121,801
2018	$552,502	$359,082	$211,222	$193,420

Leaders for Life Inc