LifeCare Memory Partners Inc (EIN 923027421) - 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

2023

Legal Domicile

Principal Officer

Gwendolyn Walker Whitley

Phone

9107967900

Tax Period

2024-10-01 to 2025-09-30

LifeCare Memory Partners Inc, founded in 2023, is a community nonprofit in the Diseases & Disorders sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 55% from the prior year, signaling strong growth momentum.

Mission

The mission of LifeCare Memory Partners is to improve the quality of life for individuals, families, and communities by providing the highest quality services, education, and advocacy for people living with Alzheimer's Disease and Related Dementias.

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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 $706,211

Program Service Revenue $498,785

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,204,996

Expense Breakdown

Grants Paid $0

Salaries & Benefits $790,939

Fundraising Expenses $28,197

Program Expenses $918,196

Other Expenses $414,057

TOTAL EXPENSES $1,204,996

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,204,996	$778,129	+0.5%
Expenses	$1,204,996	$491,752	+1.5%
Net Income	$0	$286,377	-1.0%

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

N/A

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
Robert Resh	Chair	1.00	Officer Director	$0	$0	$0
Glen Donovan	Vice Chair	1.00	Officer Director	$0	$0	$0
Donna Esteves	Treasurer	1.00	Officer Director	$0	$0	$0
John Pace	Secretary	1.00	Officer Director	$0	$0	$0
Crystal Dodson	Director	1.00	Director	$0	$0	$0
Nick Dyer	Director	1.00	Director	$0	$0	$0
Grant Rush	Director	1.00	Director	$0	$0	$0
Katherine Daniel	Director	1.00	Director	$0	$0	$0
Stan Segal	Director	1.00	Director	$0	$0	$0
Mary Beth Winstead	Director	1.00	Director	$0	$0	$0
Michael Ryan	Director	1.00	Director	$0	$0	$0
Roger Sims	Director	1.00	Director	$0	$0	$0
Althea Johnson	Director	1.00	Director	$0	$0	$0
Andy Almeter	Director	1.00	Director	$0	$0	$0
Gwendolyn Walker Whitley	President & CEO	3.00	Officer	$0	$0	$0
Timothy King	Chief Operating Officer	3.00	Officer	$0	$0	$0
Melissa Combs	Chief Clinical Officer	3.00	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
2025	$1,204,996	$1,204,996	$109,739	No data
2024	$778,129	$491,752	$109,739	$286,377
2023	$429,180	$605,818	$100	$-176,638

LifeCare Memory Partners Inc