Life Resources Inc C/o Archdiocese of Boston

Nonprofit profile at a glance

EIN
042644410
IRS 990-EZ coverage
2019–2024
Forms available
Form 990 2018, Form 990-EZ 2024, Form 990-N 2020
Location
Braintree, MA, USA
Phone
6177465728
Rating
37
Verdict
REVIEW
Rating confidence
Moderate
Sector
Delinquency Prevention

Official website

Reported finances

Revenue
$4,189
Expenses
$736
Assets
$217,635
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • REVEREND J BRYAN HEHIR (PRESIDENT & TREASURER)

People named in this filing

  • WILLIAM P JOY (ASSISTANT SECRETARY/CLERK)
  • REVEREND J BRYAN HEHIR (PRESIDENT & TREASURER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To serve adolescents and their families who are at risk of, or experiencing a crisis in their lives. Life resources serves all families regardless of their race, religion or national origin, with acceptance, respect and dignity.

What it reported doing in 2024

The mission of life resources inc. Is to serve adolescents and their familes who are at risk of/or experiencing crisis in their lives. Substantial protion of the organization's revenue is from its contracts with the commonwealth of Massachusetts. Due to the substantial decline in contracts from the commonwealth of Massachusetts, the board of directors elected to close all programs effective june 30, 2014. The board of directors is still in the process of dissolving the organization, including the sale of real estate and transfer of assets to other non-profit agencies.

Operating model

Revenue model
Other-operating. 100% of the money available for current operations came from other operating revenue.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 90
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 0%; rating input score 0
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 82.4%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 295.7; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -28.3% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -19.6% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.