LIFE MODEL WORKS INC

EIN: 953269033 501(c)(3) Human Services

Leawood, KS

Total Revenue
$505,695
Total Expenses
$602,261
Total Assets
$2,261,989
Net Assets
$2,241,375
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
CA
Principal Officer
Dave Mead
Phone
8165096709
Tax Period
2023-01-01 to 2023-12-31

LIFE MODEL WORKS INC, founded in 1971, is a small nonprofit in the Human Services sector that reported $506K in total revenue in fiscal year 2023. Revenue decreased 5% compared to the prior year. Expenses of $602K exceeded revenue, resulting in a 19% operating deficit.

Mission

The Life Model Works vision is that everyone who encounters the church is transformed into the image of Christ. Our mission is to equip existing networks to create identity transformation into the likeness of Christ in church and culture. Life Model Works is a non-profit 501c3 religious service organization building on the fifty-year legacy of Shepherd's House, Inc. which was founded in 1970 in Van Nuys, California as a counseling center. Life Model Works guides the development and application of full-brained practices that transform. We develop resources and products and provide services to individuals, churches, and organizations in furtherance of this mission.

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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 (2023)

Revenue Breakdown

Contributions & Grants $228,681
Program Service Revenue $183,985
Investment Income $93,346
Other Revenue $-317
TOTAL REVENUE $505,695

Expense Breakdown

Grants Paid $74,173
Salaries & Benefits $307,873
Fundraising Expenses $47,426
Program Expenses $338,821
Other Expenses $218,894
TOTAL EXPENSES $602,261

Year-over-Year Comparison

2023 2022 Change
Revenue $505,695 $533,712 -0.1%
Expenses $602,261 $483,578 +0.2%
Net Income $-96,566 $50,134 -2.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
8
Volunteers
12

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
$35,136
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Marlene Allen Executive Director 40
Officer
$18,377 $0 $18,377
Ray Woolridge Former Executive Director 40
Officer
$16,759 $0 $16,759
W Dave Mead Chairman 8
Officer Director
$0 $0 $0
Bill St Cyr Vice President 6
Officer Director
$0 $0 $0
Doug Morgan Board Member 1
Director
$0 $0 $0
Rhonda Morgan Board Member 4
Director
$0 $0 $0
Richard Murphy Board Member 3
Director
$0 $0 $0
Shari Ausley Board Member 5
Director
$0 $0 $0
Eric Wong Board Member 5
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 $505,695 $602,261 $2,261,989 $-96,566
2022 $533,712 $483,578 $2,342,568 $50,134
2021 $523,139 $468,730 $2,292,822 $54,409
2020 $464,191 $379,351 $248,624 $84,840
2019 $435,969 $495,371 $142,130 $-59,402
2018 $711,576 $654,332 $191,296 $57,244
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