GDiseases, Disorders & Medical DisciplinesEIN: 820547746· Ruling Year: 2002

Life Raft Group Inc

Wayne, New Jersey

BHealth Score
62B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 2 peers in Diseases, Disorders & Medical Disciplines with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.73×
Peer Median31.03×
💰
$1.9M
Total Revenue
📊
$1.7M
Total Expenses
🏦
$3.0M
Net Assets
📋
$284K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+33.3%
Year-over-year change (2022 → 2023)
Net Margin
+8.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.73
Net assets divided by total expenses
Liabilities-to-Assets
8.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$1,861,96633%$1,712,28711%$3,244,04612%
2022$1,396,53829%$1,918,0963%$2,905,31714%
2021$1,973,5153%$1,984,6601%$3,390,5552%
2020$2,030,92232%$1,996,6752%$3,323,1991%
2019$1,544,31229%$1,964,935$3,281,99111%
2018$1,201,32410%$1,955,6103%$3,671,93217%
2017$1,094,91915%$1,901,97720%$4,427,39616%
2016$954,74177%$2,367,358$5,244,56521%
2015$4,188,28848%$2,378,7664%$6,669,14937%
2014$2,837,30410%$2,277,1716%$4,881,27514%
2013$3,145,446123%$2,411,4261%$4,264,76919%
2012$1,412,66511%$2,380,14520%$3,578,70921%
2011$1,579,703$2,974,393$4,501,557

Frequently Asked Questions

What does Life Raft Group Inc do?

Life Raft Group Inc is a diseases, disorders & medical disciplines nonprofit organization based in New Jersey. It is classified under NTEE code G70 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Life Raft Group Inc financially healthy?

Based on our 9-metric Financial Health Score model, Life Raft Group Inc has a score of 62/100 (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 Life Raft Group Inc generate?

Life Raft Group Inc reports $2.2M in annual revenue and holds $3.8M in total assets, based on IRS filings.

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