Independent Living Services Inc
- Assets
- $17.3m
- Revenue
- $13.9m
- Investments
- $5.9m
- Employees
- 528
- Location
- Conway, AR
- Founding
- 01/1972
- Data as of
- 06/2021
- EIN
- 23-7167314
Organization Overview
Independent Living Services Inc is located in Conway, AR. The organization was established in 1972. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 06/2021, Independent Living Services Inc employed 528 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Independent Living Services Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Independent Living Services Inc generated $13.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $10.0m during the year ending 06/2021. While expenses have increased by 2.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
INDEPENDENT LIVING SERVICES IS A NON-PROFIT AGENCY WHOSE PURPOSE IS TO ASSIST IN MAKING A BETTER LIFE POSSIBLE FOR PEOPLE WITH DEVELOPMENTAL DISABILITIES. ILS RECOGNIZES EACH PERSON IS DIFFERENT AND PROVIDES AN ARRAY OF SERVICES TO BEST MEET INDIVIDUAL NEEDS AND MAXIMIZE CHOICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESIDENTIAL AND COMMUNITY BASED PROGRAM FOR YOUNG PEOPLE AND ADULTS WITH DEVELOPMENTAL DISABILITIES
HUD ASSISTED FACILITY - APARTMENTS - THAT IS A RESIDENTIAL AND COMMUNITY BASED PROGRAM FOR YOUNG PEOPLE AND ADULTS WITH DEVELOPMENTAL DISABILITIES
HUD ASSISTED FACILITY - GROUP HOMES - THAT IS A RESIDENTIAL AND COMMUNITY BASED PROGRAM FOR YOUNG PEOPLE AND ADULTS WITH DEVELOPMENTAL DISABILITIES
THE FOUNDATION FOR INDEPENDENT LIVING IS A JOINT VENTURE OF THE BOARDS OF DIRECTORS OF INDEPENDENT LIVING SERVICES, INC. AND CREATIVE LIVING, INC. THE FUND WILL BE USED EXCLUSIVELY FOR SERVICES TO PEOPLE WITH DEVELOPMENTAL DISABILITIES RECEIVING SERVICES PROVIDED OR MANAGED BY INDEPENDENT LIVING SERVICES, INC., INCLUDING CREATIVE LIVING, INC., SHELTERED LIVING SERVICES, INC, INDEPENDENT LIVING SERVICES OF GREENBRIER, INC. AND FLORENTZ ESTATES, INC. THE FUNDS RAISED OR DONATED FOR THE FOUNDATION ARE RESTRICTED AND CAN BE USED BY APPROVAL OF A MAJORITY VOTE OF BOTH INDEPENDENT LIVING SERVICES, INC.S AND CREATIVE LIVING, INC.'S BOARDS OF DIRECTORS. THE PRESIDENTS OF BOTH BOARDS MAY JOINTLY APPROVE AMOUNTS NOT TO EXCEED $1,500 FOR GENERAL OPERATION IF IT MEETS WITH THE DEFINED PURPOSES OF THIS RESOLUTION WITHOUT CALLING A MEETING OF BOTH BOARDS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Hansen Vice Pres | OfficerTrustee | 10 | $0 |
Jayme Lemon President | OfficerTrustee | 10 | $0 |
Eric Treat Secretary | OfficerTrustee | 10 | $0 |
Kathleen Atkins Director | Trustee | 10 | $0 |
Alan White Director | Trustee | 10 | $0 |
Sandra Leyva Director | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $550,813 |
| All other contributions, gifts, grants, and similar amounts not included above | $30,713 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $581,526 |
| Total Program Service Revenue | $13,210,867 |
| Investment income | $69,280 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,843 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,877,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,459,332 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $770,033 |
| Payroll taxes | $496,847 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,783 |
| Office expenses | $75,901 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,253 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $70,416 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $181,185 |
| Insurance | $151,681 |
| All other expenses | $211,853 |
| Total functional expenses | $9,982,617 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,046,122 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,092,304 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,081,055 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $31,256 |
| Net Land, buildings, and equipment | $2,174,872 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,914,761 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,600 |
| Total assets | $17,341,970 |
| Accounts payable and accrued expenses | $1,198,698 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $90,470 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,393,396 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,682,564 |
| Net assets without donor restrictions | $14,659,406 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $17,341,970 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Independent Living Services Inc has recieved totaling $75.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Hill Inc Fenton, MO | $11,297,687 | $21,265,686 |
Marbridge Foundation Inc Manchaca, TX | $30,327,535 | $20,296,302 |
Central State Community Services Oklahoma Inc Tulsa, OK | $7,573,561 | $18,181,483 |
Holy Angels Residential Facility Shreveport, LA | $10,678,047 | $18,384,727 |
Holston United Methodist Home For Children Inc Greeneville, TN | $27,641,839 | $16,110,226 |
Hill Country Youth Ranch Ingram, TX | $62,476,710 | $17,017,718 |
Roy Maas Youth Alternatives Inc San Antonio, TX | $5,243,820 | $14,223,910 |
Oklahoma Baptist Homes For Children Inc Oklahoma City, OK | $118,462,947 | $17,899,757 |
Mur-Ci Homes Inc Antioch, TN | $9,901,370 | $14,568,313 |
Evangelical Childrens Home St Louis, MO | $35,970,155 | $15,187,962 |
Evergreen Presbyterian Ministries Of Texas Inc Haughton, LA | $7,845,590 | $11,531,814 |
Progress Inc Nashville, TN | $6,116,091 | $11,389,774 |