DESIGN FOR LIFE

EIN: 922282823 501(c)(3) International Affairs

ANN ARBOR, MI

Total Revenue
$312,900
Total Expenses
$663,158
Total Assets
$81,613
Net Assets
$67,060
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
MI
Principal Officer
KEVIN MOONEY
Phone
8778295500
Tax Period
2024-01-01 to 2024-12-31

DESIGN FOR LIFE, founded in 2023, is a small nonprofit in the International Affairs sector that reported $313K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $663K exceeded revenue, resulting in a 112% operating deficit.

Mission

DESIGN FOR LIFE, (THE "CORPORATION"), WILL DEVELOP TECHNOLOGY SOLUTIONS, UNDERTAKE RESEARCH, AND PROVIDE EDUCATION AND UNBIASED INSIGHTS THAT WILL IMPROVE THE EFFICACY OF NONPROFITS AND GOVERNMENTS TO PROVIDE IMPROVED PLANNING AND DESIGN CAPABILITIES FOR PUBLIC HEALTH, FOOD DISTRIBUTION, AND DISASTER RELIEVE SUPPLIES DISTRIBUTION TO UNDERSERVED POPULATIONS IN LOW- AND MIDDLE-INCOME COUNTRIES (LMIC).

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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 $300,300
Program Service Revenue $12,600
Investment Income $0
Other Revenue $0
TOTAL REVENUE $312,900

Expense Breakdown

Grants Paid $0
Salaries & Benefits $261,562
Fundraising Expenses $86,138
Program Expenses $502,008
Other Expenses $401,596
TOTAL EXPENSES $663,158

Year-over-Year Comparison

2024 2023 Change
Revenue $312,900 $804,703 -0.6%
Expenses $663,158 $387,385 +0.7%
Net Income $-350,258 $417,318 -1.8%
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

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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
3
Independent Members
3
Employees
1
Volunteers
10

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
$245,966
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CARLOS VALDERRAMA EXECUTIVE DIRECTOR 40
Officer
$238,800 $7,166 $245,966
DONALD HICKS PRESIDENT 1
Officer Director
$0 $0 $0
NEJAT KARABAKAL TREASURER 1
Officer Director
$0 $0 $0
PAUL POTTER SECRETARY 1
Officer 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 $312,900 $663,158 $81,613 $-350,258
2023 $804,703 $387,385 $417,318 $417,318
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