Lifespan Resources Inc
- Assets
- $11.2m
- Revenue
- $8.2m
- Investments
- $0.0
- Employees
- 96
- Location
- New Albany, IN
- Founding
- 03/1975
- Data as of
- 06/2023
- EIN
- 35-1306887
Organization Overview
Lifespan Resources Inc is located in New Albany, IN. The organization was established in 1975. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 06/2023, Lifespan Resources Inc employed 96 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifespan Resources 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 06/2023, Lifespan Resources Inc generated $8.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $7.4m during the year ending 06/2023. While expenses have increased by 2.0% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS PROMOTING INDEPENDENT LIVING FOR PEOPLE OF ALL AGES. THE ORGANIZATION PROVIDES A COMPREHENSIVE NETWORK OF SERVICES TO PERSONS AGE SIXTY AND OLDER, AS WELL AS PROVIDING SERVICES FOR PERSONS OF ALL AGES WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAID SERVICES
HEALTH SCREENING OMBUDSMAN LEGAL ASSISTANCE TITLE IIIB SERVICES PROGRAM FUNDING - SBA IIIB COUNSELING OMBUDSMAN - A.L. OMBUDSMAN - TITLE VII TRANSPORTATION - IIIB FAMILY CAREGIVER CASE MANAGEMENT - SSBG INFORMATION - SSBG TRANSPORTATION SERVICE - SSBG SCOTT COUNTY - UW OUTREACH CASE MANAGEMENT - IIIB CASE MANAGEMENT - PAS OPTIONS COUNSELING - SSBG OPTIONS COUNSELING - CHOICE CASE MANAGEMENT - CHOICE SERVICES - CHOICE CONGREGATE MEALS HOME DELIVERED MEALS MFP-HUB ANTHEM MEDICARE IMPROVEMENT SERVICES - MEDICAID WAIVER INTAKE - ARP FEDERAL GRANT FUNDING - ARP SERVICES MATCH
HOME DELIVERED MEALS
CHOICE SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Goldman Past President | Trustee | 0 | $0 |
Barbara Crecelius Director | Trustee | 0 | $0 |
Tonya Fischer Secretary | OfficerTrustee | 0 | $0 |
Annette Roberts President | OfficerTrustee | 0 | $0 |
Ishmael White Director | Trustee | 0 | $0 |
Doug Drake Vice President | OfficerTrustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Black Diamond Termite & Pest Pest Control | 6/29/23 | $171,960 |
Help At Home Care Services | 6/29/23 | $139,694 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $145,915 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $276,286 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $422,201 |
| Total Program Service Revenue | $7,573,662 |
| Investment income | $169,705 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50,530 |
| Net Income from Fundraising Events | -$44,807 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,221,166 |
| 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. | $487,319 |
| Compensation of current officers, directors, key employees. | $27,517 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,333,213 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $731,620 |
| Payroll taxes | $274,746 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,592 |
| Fees for services: Accounting | $20,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $33,275 |
| Fees for services: Other | $112,189 |
| Advertising and promotion | $23,359 |
| Office expenses | $46,317 |
| Information technology | $104,987 |
| Royalties | $0 |
| Occupancy | $76,944 |
| Travel | $147,997 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $152,025 |
| Insurance | $81,478 |
| All other expenses | $225,164 |
| Total functional expenses | $7,382,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,998,156 |
| Savings and temporary cash investments | $716,945 |
| Pledges and grants receivable | $897,944 |
| Accounts receivable, net | $248,412 |
| 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 | $2,696 |
| Net Land, buildings, and equipment | $511,956 |
| Investments—publicly traded securities | $3,946,074 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,924,441 |
| Total assets | $11,246,624 |
| Accounts payable and accrued expenses | $341,349 |
| 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 | $1,924,441 |
| Total liabilities | $2,265,790 |
| Net assets without donor restrictions | $8,930,784 |
| Net assets with donor restrictions | $50,050 |
| 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 | $11,246,624 |