TPhilanthropy, Voluntarism & GrantmakingEIN: 811334117· Ruling Year: 2016

Lifelab Kids Foundation

Ferndale, Michigan

B+Health Score
69B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 30 peers in Philanthropy, Voluntarism & Grantmaking with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.30×
Peer Median15.61×
💰
$2.4M
Total Revenue
📊
$2.9M
Total Expenses
🏦
$887K
Net Assets
📋
$1.9M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+0.2%
Year-over-year change (2022 → 2023)
Net Margin
-23.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.30
Net assets divided by total expenses
Liabilities-to-Assets
68.6%
Total liabilities as % of total assets

Filing History

6 filings on record
YearRevenueExpensesAssets
2023$2,396,855$2,947,85857%$2,827,7047%
2022$2,392,18631%$1,874,05020%$3,030,16186%
2021$1,826,22746%$1,567,22163%$1,630,76311%
2020$1,250,26993%$963,542115%$1,472,629317%
2019$647,689242%$449,1771039%$353,124115%
2018$189,149$39,442$164,315

Frequently Asked Questions

What does Lifelab Kids Foundation do?

Lifelab Kids Foundation is a philanthropy, voluntarism & grantmaking nonprofit organization based in Michigan. It is classified under NTEE code T50 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Lifelab Kids Foundation financially healthy?

Based on our 9-metric Financial Health Score model, Lifelab Kids Foundation has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Lifelab Kids Foundation generate?

Lifelab Kids Foundation reports $2.6M in annual revenue and holds $2.9M in total assets, based on IRS filings.

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