Lifes Potential Services Inc
Westminster, Maryland
B+Health Score
66B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
💰
$619K
Total Revenue
📊
$560K
Total Expenses
🏦
$86K
Net Assets
📋
$54K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+27.2%
Year-over-year change (2022 → 2023)
Net Margin
+9.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.15
Net assets divided by total expenses
Liabilities-to-Assets
38.7%
Total liabilities as % of total assets
Filing History
5 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $618,682↑27% | $559,506↑6% | $140,222↑22% | |
| 2022 | $486,246↑346% | $528,742↑169% | $114,476↓23% | — |
| 2021 | $108,932↓20% | $196,452↑220% | $148,897↓20% | — |
| 2020 | $136,258↑25% | $61,423↑78% | $185,843↑79% | — |
| 2019 | $108,736 | $34,431 | $104,032 | — |
Frequently Asked Questions
What does Lifes Potential Services Inc do?▼
Lifes Potential Services Inc is a youth development nonprofit organization based in Maryland. It is classified under NTEE code O50 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Lifes Potential Services Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Lifes Potential Services Inc.
How much revenue does Lifes Potential Services Inc generate?▼
Lifes Potential Services Inc reports $325K in annual revenue and holds $159K in total assets, based on IRS filings.
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