LIFE CHIROPRACTIC COLLEGE WEST (EIN 942382546) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Principal Officer

RON OBERSTEIN DC

Phone

5107804501

Tax Period

2022-07-01 to 2023-06-30

LIFE CHIROPRACTIC COLLEGE WEST, founded in 1976, is a mid-sized nonprofit in the Education sector that reported $52.7M in total revenue in fiscal year 2022. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28.2M, a strong 53% operating margin.

Mission

EDUCATION OF CHIROPRACTIC STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $639,465

Program Service Revenue $20,983,474

Investment Income $31,309,736

Other Revenue $-279,450

TOTAL REVENUE $52,653,225

Expense Breakdown

Grants Paid $401,012

Salaries & Benefits $15,147,969

Fundraising Expenses $672,201

Program Expenses $22,292,176

Other Expenses $8,937,726

TOTAL EXPENSES $24,486,707

Year-over-Year Comparison

	2022	2021	Change
Revenue	$52,653,225	$21,676,506	+1.4%
Expenses	$24,486,707	$22,422,185	+0.1%
Net Income	$28,166,518	$-745,679	-38.8%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

359

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

$1,398,841

Total Directors

$2,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON OBERSTEIN	PRESIDENT	40.00	Officer	$399,309	$95,922	$495,231
SCOTT DONALDSON	PROVOST/VP OF HEALTH CENTER	40.00	Officer	$232,931	$34,969	$267,900
ANGELITO TOLENTINO	CHIEF FINANCIAL OFFER (THRU 11/22)	40.00	Officer	$208,224	$33,397	$241,621
MARILYN AL-HASSAN	CHIEF STRATEGY OFFICER & SPECIAL ASSISTANT TO THE	40.00	Officer	$176,092	$26,620	$202,712
ADRIAAN FERRIS	ASSOCIATE VICE PRESIDENT	40.00	Officer	$160,144	$31,233	$191,377
JAMIE MOTLEY	MSDI PROGRAM DIRECTOR	40.00	Highest	$140,694	$20,127	$160,821
ADAM THOMPSON	DEAN OF ACADEMIC FACULTY & EDUCATIONAL EFFECTIVENE	40.00	Highest	$136,762	$10,809	$147,571
KOEN KALLAP	HEALTH CENTER MENTOR FACULTY	40.00	Highest	$134,751	$19,874	$154,625
DANIEL CARDENAS	EXECUTIVE DIRECTOR OF ADMISSIONS	40.00	Highest	$131,587	$26,814	$158,401
MONICA SMITH	DIRECTOR OF RESEARCH	40.00	Highest	$127,151	$13,260	$140,411
ANGEL OCHOA-REA	DC REGENT	1.50	Director	$1,000	$0	$1,000
NIRAJ PATEL	DC REGENT	1.50	Director	$1,000	$0	$1,000
MARIA PERRY	CHIEF FINANCIAL OFFER (START 2/23)	40.00	Officer	$0	$0	$0
AMIT JIMMY NANDA	DC CHAIR	1.50	Officer Director	$0	$0	$0
KRISTEN GILES	DC VICE CHAIR (THRU 5/23)	1.50	Officer Director	$0	$0	$0
CAMERON HASTINGS	DC REGENT (THRU 5/23)	1.50	Director	$0	$0	$0
STEVEN SILK	DC REGENT	1.50	Director	$0	$0	$0
SCOTT TURNER	CPA REGENT	1.50	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	No data	No data	No data	No data
2023	$52,653,225	$24,486,707	$51,700,477	$28,166,518
2022	$21,676,506	$22,422,185	$28,953,749	$-745,679
2021	$24,892,643	$21,920,224	$30,114,070	$2,972,419
2020	$21,817,689	$22,501,387	$30,632,289	$-683,698
2019	$22,588,850	$22,472,680	$28,738,683	$116,170
2018	$21,529,352	$23,031,874	$33,157,461	$-1,502,522

LIFE CHIROPRACTIC COLLEGE WEST