Life Essentials Inc
- Assets
- $0.0
- Revenue
- $415.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Dayton, OH
- Founding
- 11/1991
- Data as of
- 03/2020
- EIN
- 31-1324922
Organization Overview
Life Essentials Inc is located in Dayton, OH. The organization was established in 1991. According to its NTEE Classification (O30) the organization is classified as: Adult & Child Matching Programs, under the broad grouping of Youth Development and related organizations. As of 03/2020, Life Essentials Inc employed 11 individuals. Life Essentials 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 03/2020, Life Essentials Inc generated $415.5k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.5%) each year. All expenses for the organization totaled $444.0k during the year ending 03/2020. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 5 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF LIFE ESSENTIALS IS TO BE THE COMMUNITY LEADER IN PROVIDING PROFESSIONAL, PERSON-CENTERED SERVICES TO ENHANCE THE WELL-BEING OF VULNERABLE ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GUARDIANSHIP - THE PROGRAM PROVIDES SUPPORT FOR THOSE DEEMED MENTALLYINCOMPETENT BY THE PROBATE COURT AND THAT DO NOT HAVE ANY FAMILYWILLING OR CAPABLE OF MAKING SOUND DECISIONS FOR THEM. LIFE ESSENTIALSTRAINS VOLUNTEERS AND EMPLOYS STAFF TO TAKE ON THIS CRITICAL ROLE ASGUARDIAN. GUARDIANS WORK WITH THEIR CLIENTS TO ENSURE THE CLIENT HASTHE BEST POSSIBLE LIFE AND LIVES IN THE LEAST RESTRICTIVE ENVIRONMENT.GUARDIANS FUNCTION AS THE ADVOCATE AND ENSURE THE SAFETY AND WELL-BEINGOF THEIR CLIENTS. BEING A GUARDIAN IS A SIGNIFICANT RESPONSIBILITY; ONETHAT PROTECTS THE RIGHTS AND DIGNITY OF A FELLOW HUMAN BEING. INCURRENT YEAR, 279 CLIENTS RECEIVED 3,375 INTERVENTIONS. VOLUNTEERSPROVIDED SERVICES VALUED AT $20,388 NOT INCLUDED IN SERVICE HOURS.
CHUMS - THE PROGRAM IS INTENDED TO ENHANCE THE QUALITY OF LIFE FORCHUMS CLIENTS BY EQUIPPING THEM WITH TOOLS THAT PROMOTE SELF-MANAGEMENTOF THEIR MENTAL ILLNESS. LIFE ESSENTIALS STAFF FACILITATE THE PROGRAMBY COMBINING EDUCATION, NETWORKING AND BEHAVIORAL ACTIVATION SERVICES.PARTICIPANTS, AGES 50 YEARS AND OLDER, LEARN COMMON THEMES THATCONTRIBUTE TO THEIR RECOVERY AND SKILLS TO HELP MAINTAIN THEIRINDEPENDENCE, BOND WITH PEOPLE IN SIMILAR SITUATIONS AND TAKE BACKCONTROL OF THEIR LIVES. IN CURRENT YEAR, 17 CLIENTS RECEIVED 673 HOURSOF SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eli Sperry President | OfficerTrustee | 2 | $0 |
Joe Szoke Vice President | OfficerTrustee | 2 | $0 |
Marion Jackson Tresurer | OfficerTrustee | 2 | $0 |
Ted Gudorf Secretary | OfficerTrustee | 2 | $0 |
Ross E Szlag Trustee | Trustee | 2 | $0 |
Julia M Belden Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $14,473 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $37,879 |
| All other contributions, gifts, grants, and similar amounts not included above | $247,169 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $299,521 |
| Total Program Service Revenue | $115,464 |
| Investment income | $456 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$408 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $415,481 |
| 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. | $78,072 |
| Compensation of current officers, directors, key employees. | $16,668 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $201,155 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,022 |
| Payroll taxes | $22,181 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,400 |
| Fees for services: Accounting | $9,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $22,748 |
| Advertising and promotion | $0 |
| Office expenses | $11,931 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,905 |
| Travel | $7,238 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $625 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,746 |
| Insurance | $12,110 |
| All other expenses | $0 |
| Total functional expenses | $444,032 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |