Lifechronicles Inc

Nonprofit profile at a glance

EIN
770256868
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024
Location
Santa Barbara, CA, USA
Phone
8056823411
Rating
95
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$154,243
Expenses
$163,235
Assets
$60,480
Liabilities
$203,937

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

Leadership & pay

5 people listed

Executive titles in this filing

  • Kate Carter (CEO Pres)

People named in this filing

  • Kate Carter (CEO Pres)
  • Jeff Martinez (Board chair)
  • Sharon Kayser (Secretary)

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

In our pursuit of our mission to help individuals and families facing end of life to heal and connect through video chronicles, the number of cities served in this tax period has risen to 440 in 43 states across the United States as well as families in the U.K. and Canada. This year we continued to interview local politicians on a project on the subject of public service with young people in our community. We moved into our new office, The Cultural Arts Center, in downtown Santa Barbara which also houses the Santa Barbara Symphony, the Santa Barbara Opera Company and other non-profits. We have continued to provide our services in creative ways that ensures the safety and health of the people we serve as well as our volunteers and continuing our mission.

Operating model

Revenue model
Donor-supported. 83% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 20
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -5.8%; rating input score 21; 21st percentile among comparable filings
  • Total-asset coverage ratio: 0.37; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 3.37; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 29.6%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 13.6% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 7.7% per year; rating input score 100; 59th percentile among comparable filings
  • Asset growth: -5.7% per year; rating input score 0; 15th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $163K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 5 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Sustainability: Operating margin scored 21/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.