LIFE Animal Rescue (EIN 954550643) - 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

1996

Legal Domicile

Phone

8187072007

Tax Period

2023-01-01 to 2023-12-31

LIFE Animal Rescue, founded in 1996, is a small nonprofit in the Animal-Related sector that reported $252K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $225K left a modest 11% surplus.

Mission

TO RESCUE HOMELESS OR ABANDONED DOGS AND CATS AND PLACE THEM IN PERMANENT, RESPONSIBLE, AND LOVING HOMES. L.I.F.E. PROMOTES AND PRACTICES AN AGGRESSIVE SPAY/NEUTER EFFORT TO HELP RESOLVE THE PET OVERPOPULATION PROBLEM.

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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 (2023)

Revenue Breakdown

Contributions & Grants $99,770

Program Service Revenue $152,410

Investment Income $0

Other Revenue $0

TOTAL REVENUE $252,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,704

Fundraising Expenses $10,719

Program Expenses $169,978

Other Expenses $205,722

TOTAL EXPENSES $225,426

Year-over-Year Comparison

	2023	2022	Change
Revenue	$252,180	$223,817	+0.1%
Expenses	$225,426	$207,446	+0.1%
Net Income	$26,754	$16,371	+0.6%

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

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

$18,200

Total Directors

$18,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EMILY BERNIE	President	40.00	Officer Director	$18,200	$0	$18,200
LAURIE BERNIE	Secretary	40.00	Officer Director	$0	$0	$0
OLGA BERNIE	Treasurer	15.00	Director	$0	$0	$0
JAN IRWIN	Director	25.00	Director	$0	$0	$0
LINDA RIBAS	Director	15.00	Director	$0	$0	$0
CHERYL SALANT	Director	10.00	Director	$0	$0	$0
CORRINE VERHULST	Director	5.00	Director	$0	$0	$0
COLEEN WOLFSON	Director	10.00	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	$252,180	$225,426	$906,614	$26,754
2022	$223,817	$207,446	$879,860	$16,371
2021	$167,836	$116,142	$863,489	$51,694
2020	$172,862	$121,910	$818,010	$50,952
2019	$459,109	$173,325	$767,071	$285,784
2018	$282,448	$192,549	$484,604	$89,899

LIFE Animal Rescue