Lifequest Foundation is located in Mitchell, SD. The organization was established in 1994. According to its NTEE Classification (J22) the organization is classified as: Job Training, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifequest Foundation 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, Lifequest Foundation generated $332.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $316.7k during the year ending 06/2021. While expenses have increased by 3.8% per year over the past 7 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
ASSIST LIFEQUEST, INC IN CONTINUING ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED LIFEQUEST, INC IN THE CONTINUATION OF ITS ACTIVITIES AND PROVIDING ITS CLIENTS WITH SPECIAL NEEDS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jackie Edinger Vice Preside | OfficerTrustee | 1 | $0 |
Kristy Szabo President | OfficerTrustee | 1 | $0 |
Brian Loken Sec/treas | Officer | 1 | $0 |
Trevor Dierks Director | Trustee | 1 | $0 |
Kelly Gross Director | Trustee | 1 | $0 |
Susan Kiepke Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $243,329 |
Investment income | $41,112 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $48,244 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $332,685 |
Statement of Expenses | |
---|---|
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 to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
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 | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $316,680 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $14,276 |
Savings and temporary cash investments | $203,575 |
Pledges and grants receivable | $500 |
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 |
Investments—publicly traded securities | $2,822,250 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,370 |
Total assets | $3,046,971 |
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 |
Total liabilities and net assets/fund balances | $3,046,971 |
Over the last fiscal year, Lifequest Foundation has awarded $310,670 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Mitchell, SD PURPOSE: SUPPORT OF MISSION | $291,270 |
Mitchell, SD PURPOSE: SUPPORT OF MISSION | $19,400 |
Over the last fiscal year, we have identified 1 grants that Lifequest Foundation has recieved totaling $385.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $385 |
Organization Name | Assets | Revenue |
---|---|---|
Imagine The Possibilities Inc Maquoketa, IA | $31,709,924 | $54,097,733 |
Pride Inc Bismarck, ND | $17,980,113 | $16,517,398 |
Iuoe & Assoc General Contractors Of Mn Apprentship & Training Program Hinckley, MN | $26,199,271 | $8,702,467 |
North Iowa Vocational Center Inc Mason City, IA | $4,774,604 | $7,439,671 |
Jobs Foundation St Paul, MN | $6,034,755 | $5,068,369 |
Minneapolis Electrical Joint Apprenticeship & Training Tr Fund St Michael, MN | $7,123,310 | $3,993,532 |
St Paul Area Electrical Joint Apprenticeship And Training Fund St Paul, MN | $3,630,581 | $2,127,591 |
Voices For Racial Justice Minneapolis, MN | $3,021,318 | $1,797,672 |
Twin City Ironworkers Apprenticeship And Training Fund Bloomington, MN | $8,189,632 | $2,059,566 |
Career Training Institute Helena, MT | $550,389 | $1,718,333 |
St Paul Pipefitters Joint Journeymen & Apprentice Training T St Paul, MN | $8,422,962 | $2,962,555 |
Iowa Operating Engineers Joint Apprenticeship And Training Fund Indianola, IA | $9,849,280 | $3,163,966 |