LIFE WORKS

EIN: 911224762 501(c)(3) Human Services

LONGVIEW, WA

Total Revenue
$17,186,220
Total Expenses
$17,492,720
Total Assets
$10,658,874
Net Assets
$9,362,127
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
WA
Principal Officer
DAVID L HILL
Phone
3605779093
Tax Period
2024-01-01 to 2024-12-31

LIFE WORKS, founded in 1983, is a mid-sized nonprofit in the Human Services sector that reported $17.2M in total revenue in fiscal year 2024. Revenue grew 20% year-over-year, indicating healthy expansion.

Mission

LIFE WORKS IS A NONPROFIT CORPORATION THAT OPERATES IN SOUTHWEST WASHINGTON. LIFE WORKS PROVIDES RESIDENTIAL AND VOCATIONAL SUPPORT FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES TO ASSIST THEM IN CREATING OPPORTUNITIES FOR LIVING, LEARNING, WORKING, AND GROWING IN THE COMMUNITY. IN ADDTION, LIFE WORKS MANAGES AN AMERICORPS GRANT WHICH HELPS BUILD THE CAPACITY OF INDIVIDUALS, ORGANIZATIONS, AND THE COMMUNITY BY CONNECTING VOLUNTEER OPPORTUNITIES WITH RESIDENTS OF COWLITZ AND WAHKIAKUM COUNTIES.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $903,328
Program Service Revenue $15,959,304
Investment Income $321,117
Other Revenue $2,471
TOTAL REVENUE $17,186,220

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,751,646
Fundraising Expenses $310
Program Expenses $15,784,252
Other Expenses $1,741,074
TOTAL EXPENSES $17,492,720

Year-over-Year Comparison

2024 2023 Change
Revenue $17,186,220 $14,327,788 +0.2%
Expenses $17,492,720 $14,278,986 +0.2%
Net Income $-306,500 $48,802 -7.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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

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Governance

Voting Members
14
Independent Members
14
Employees
340
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
4
$105,113
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARGARET LAPIC DIRECTOR 1.00
Officer Director
$0 $0 $0
MIMI PREEDY DIRECTOR 1.00
Director
$0 $0 $0
ERIKA ARGEN DIRECTOR 1.00
Officer Director
$0 $0 $0
PAULA STEPANKOWSKY DIRECTOR 1.00
Director
$0 $0 $0
REED HADLEY DIRECTOR 1.00
Officer Director
$0 $0 $0
KEITH LARSON VICE PRESIDENT 1.00
Director
$0 $0 $0
STEVE PREEDY DIRECTOR 1.00
Director
$0 $0 $0
CHERYL MONTANYE DIRECTOR 1.00
Director
$0 $0 $0
SUSAN CHESLEY DIRECTOR 1.00
Director
$0 $0 $0
RON MARSHALL PRESIDENT 1.00
Director
$0 $0 $0
MARC SILVA DIRECTOR 1.00
Director
$0 $0 $0
ELIZABETH WEST DIRECTOR 1.00
Director
$0 $0 $0
NATHAN NEWMAN SECRETARY 1.00
Director
$0 $0 $0
DAVID HILL EXECUTIVE DIRECTOR 40.00
Officer
$105,113 $0 $105,113
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 $17,186,220 $17,492,720 $10,658,874 $-306,500
2023 $14,327,788 $14,278,986 $7,346,480 $48,802
2022 $12,751,481 $12,275,606 $7,236,267 $475,875
2021 $12,190,026 $11,710,445 $6,545,098 $479,581
2020 $12,935,654 $12,209,374 $6,036,397 $726,280
2019 $10,752,209 $10,694,283 $5,503,847 $57,926
2018 $10,204,901 $9,911,641 $5,751,356 $293,260
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