LIFEWAYS INC

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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

1994

Legal Domicile

Principal Officer

STEVEN JENSEN

Phone

5418899167

Tax Period

2024-07-01 to 2025-06-30

LIFEWAYS INC, founded in 1994, is a mid-sized nonprofit in the Mental Health sector that reported $37.1M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $10.0M, a strong 27% operating margin.

Mission

WE WILL HELP PEOPLE IN OUR COMMUNITIES ACHIEVE AND MAINTAIN EMOTIONAL WELL-BEING.

Program Service Accomplishments

Program 1

Expenses: $15,552,517 Revenue: $19,925,333

PROVIDED OUTPATIENT AND RESPITE MENTAL HEALTH SERVICES PRIMARILY TO THE RESIDENTS OF MALHEUR AND UMATILLA COUNTIES OF OREGON UNDER REQUIREMENTS OF OREGON REVISED STATUTES FOR COUNTIES TO PROVIDE SUCH...

Program 2

Expenses: $2,944,480 Revenue: $3,772,363

PROVIDED RESIDENTIAL AND ACUTE MENTAL HEALTH SERVICES TO THE RESIDENTS OF MALHEUR AND UMATILLA COUNTIES OF OREGON UNDER REQUIREMENTS OF OREGON REVISED STATUTES FOR COUNTIES TO PROVIDE SUCH SERVICES.

Program 3

Expenses: $4,468,040 Revenue: $5,724,295

PROVIDED PREVENTION AND RECOVERY SERVICES FOR ALCOHOL AND DRUG TREATMENT, GAMBLING ADDICTIONS AND PREVENTION SERVICES, AND DOMESTIC VIOLENCE AND INTERVENTION SERVICES PRIMARILY TO THE RESIDENTS OF...

PROVIDED PREVENTION AND RECOVERY SERVICES FOR ALCOHOL AND DRUG TREATMENT, GAMBLING ADDICTIONS AND PREVENTION SERVICES, AND DOMESTIC VIOLENCE AND INTERVENTION SERVICES PRIMARILY TO THE RESIDENTS OF MALHEUR AND UMATILLA COUNTIES IN OREGON UNDER REQUIREMENTS OF OREGON REVISED STATUTES FOR COUNTIES TO PROVIDE SUCH SERVICES.

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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 $7,528,747

Program Service Revenue $29,421,991

Investment Income $248,624

Other Revenue $-79,997

TOTAL REVENUE $37,119,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $20,730,659

Fundraising Expenses $0

Program Expenses $22,965,037

Other Expenses $6,384,465

TOTAL EXPENSES $27,115,124

Year-over-Year Comparison

	2024	2023	Change
Revenue	$37,119,365	$29,574,050	+0.3%
Expenses	$27,115,124	$25,527,531	+0.1%
Net Income	$10,004,241	$4,046,519	+1.5%

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

Employees

346

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

$318,726

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE WALDO	PRESIDENT/CHAIRMAN	0.50	Officer Director	$0	$0	$0
MIKE HANIGAN	VICE-PRESIDENT	0.50	Officer Director	$0	$0	$0
CORY JAKOBSON	BOARD MEMBER	0.50	Director	$0	$0	$0
DENNIS BURKE	BOARD MEMBER	0.50	Director	$0	$0	$0
RICHARD FITZIMONDS	BOARD MEMBER	0.50	Director	$0	$0	$0
RON ROWAN	BOARD MEMBER	0.50	Director	$0	$0	$0
TORIE RAMIREZ	BOARD MEMBER	0.50	Director	$0	$0	$0
STEVEN JENSEN	CEO	40.00	Officer	$149,374	$27,751	$177,125
BARRY BORGER	CONTROLLER / CFO	40.00	Officer	$125,083	$16,518	$141,601
RANDI NIELSEN	NURSE PRACTITIONER/APRN	40.00	Highest	$181,952	$19,320	$201,272
ANDREA RECLA	CLINICAL DIRECTOR OF INTENSIVE OUTPATIENT SERVICES	40.00	Highest	$163,159	$29,757	$192,916
KIERSTEN HOGG	NURSE PRACTITIONER/APRN	40.00	Highest	$154,106	$36,259	$190,365
GEORGINA JOHNSON	NURSE PRACTITIONER/APRN	40.00	Highest	$151,496	$35,050	$186,546
EMILY WITTENBERG	CRISIS SUPERVISOR	40.00	Highest	$144,017	$17,654	$161,671

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	$37,119,365	$27,115,124	$36,680,223	$10,004,241
2024	$29,574,050	$25,527,531	$26,544,309	$4,046,519
2023	$27,259,595	$24,071,445	$22,504,763	$3,188,150
2022	$28,844,330	$27,684,048	$25,599,056	$1,160,282
2021	$33,722,816	$31,173,782	$24,721,623	$2,549,034
2020	$27,121,389	$28,665,039	$24,742,781	$-1,543,650
2019	$25,854,884	$24,843,376	$23,714,258	$1,011,508
2018	$25,092,319	$24,599,924	$18,798,799	$492,395