Life Education & Development Inc
- Assets
- $26.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orono, ME
- Founding
- 03/2010
- Data as of
- 12/2023
- EIN
- 26-2067497
Organization Overview
Life Education & Development Inc is located in Orono, ME. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Education & Development 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 12/2023, Life Education & Development Inc generated $127.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $126.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Burns Avery Board Of Directors | 1 | $0 | |
Francine Palmeter Administrator | 15 | $31,200 | |
Douglass Palmeter Program Director | 24 | $43,971 | |
Pete Caron Board Of Directors | 0 | $0 | |
Jacob Ramp Board Of Directors | 0 | $0 | |
Sally Kirkpatrick Board Of Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,942 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $127,942 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $99,606 |
| Professional fees and other payments to independent contractors | $580 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,557 |
| Other expenses | $23,316 |
| Total expenses | $126,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,707 |
| Other assets | $0 |
| Total assets | $26,707 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,707 |