LIFE-TRAC FAMILY MINISTRIES (EIN 911438034) - 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

1988

Legal Domicile

Principal Officer

GREG MCPHERSON

Phone

5097823206

Tax Period

2021-01-01 to 2021-12-31

LIFE-TRAC FAMILY MINISTRIES, founded in 1988, is a micro nonprofit that reported $38K in total revenue in fiscal year 2021. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $273K exceeded revenue, resulting in a 622% operating deficit.

Mission

TO ENHANCE MARRIAGE AND FAMILY RELATIONSHIPS.

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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 (2021)

Revenue Breakdown

Contributions & Grants $36,925

Program Service Revenue $825

Investment Income $62

Other Revenue $0

TOTAL REVENUE $37,812

Expense Breakdown

Grants Paid $189,888

Salaries & Benefits $52,125

Fundraising Expenses $3,627

Program Expenses $260,967

Other Expenses $31,028

TOTAL EXPENSES $273,041

Year-over-Year Comparison

	2021	2020	Change
Revenue	$37,812	$126,321	-0.7%
Expenses	$273,041	$181,833	+0.5%
Net Income	$-235,229	$-55,512	+3.2%

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

N/A

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

$50,398

Total Directors

$50,398

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GREG MCPHERSON	PRESIDENT	40.00	Officer Director	$27,131	$11,917	$39,048
CANDY MCPHERSON	VICE PRESIDENT	20.00	Officer Director	$11,350	$0	$11,350
DAVID DEFINA	TREASURER (THRU 6/2021)	2.00	Officer Director	$0	$0	$0
JULIE BALLARD	BOARD MEMBER (THRU 6/2021)	2.00	Director	$0	$0	$0
ROBIN CAREY	BOARD MEMBER (THRU 6/2021)	2.00	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
2021	$37,812	$273,041	No data	$-235,229
2020	$126,321	$181,833	$235,871	$-55,512
2019	$242,059	$271,462	$291,968	$-29,403
2018	$299,905	$277,310	$322,240	$22,595

LIFE-TRAC FAMILY MINISTRIES