Life Steps Foundation Inc

Organization Overview

Life Steps Foundation Inc is located in Los Angeles, CA. The organization was established in 1985. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 02/2022, Life Steps Foundation Inc employed 46 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Life Steps Foundation 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 02/2022, Life Steps Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $1.1m during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO MAXIMIZE THE DEVELOPMENT OF INFANT AND TODDLERS WHO ARE AT RISK OF DEVELOPMENT DELAYS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

LSF CHILDREN AND FAMILY SERVICES WORKS TO MAXIMIZE THE DEVELOPMENT OF INFANTS AND TODDLERS WHO ARE AT RISK OF DEVELOPMENT DELAYS BY PROVIDING EDUCATION AND SUPPORT FOR PARENTS. ASSIST FAMILIES WITH A VARIETY OF PROGRAMS SUCH AS IN-HOME INFANT DEVELOPMENT. DEVELOPMENTAL EVALUATION, INCLUSIVE CENTER-BASED INFANT DEVELOPMENT PROGRAM, PEDIATRIC THERAPEUTIC SERVICES AND COMPREHENSIVE PARENTING PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Pauline Arneberg
Secretary
$0
Peggy Huang
President
$0
Paul Yang
Treasurer
$0
Susan Chang
CEO
$0
Sanford Livingston Jr
Board Member
$0
Claudia Choy
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$34,903
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$34,903
Total Program Service Revenue$1,040,100
Investment income $37,042
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,135,466

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