Lifemark Inc
- Assets
- $175.6k
- Revenue
- $617.9k
- Investments
- $0.0
- Employees
- 10
- Location
- Salisbury, MD
- Founding
- 06/2015
- Data as of
- 12/2021
- EIN
- 46-2316771
Organization Overview
Lifemark Inc is located in Salisbury, MD. The organization was established in 2015. According to its NTEE Classification (J21) the organization is classified as: Vocational Counseling, under the broad grouping of Employment and related organizations. As of 12/2021, Lifemark Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifemark 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 12/2021, Lifemark Inc generated $617.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.9% each year . All expenses for the organization totaled $553.6k during the year ending 12/2021. While expenses have increased by 12.8% 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
LIKEMARK, INC. MISSION IS TO PROVIDE SERVICES INCLUDING COUNSELING, VOCATIONAL REHABILITATION, CAREER SERVICES AND TRAINING ON A FREE OR REDUCED FEE BASIS. LIFEMARK, INC. IS ORGANIZED EXCLUSIVELY FOR CHARTIABLE, RELIGIOUS AND EDUCATIONAL PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE COUNSELING, VOCATIONAL REHABILITATION AND CAREER SERVICES AND TRAINING ON A FREE OR REDUCED COST BASIS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marion Travers Executive Di | OfficerTrustee | $0 | |
Marlina Belote Treasurer | Trustee | $0 | |
Karen Mohler Director | Trustee | $0 | |
Chrystal Dickerson Chairman Of | Trustee | $0 | |
Heather Radish Secretary | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $129,696 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $129,696 |
| Total Program Service Revenue | $466,091 |
| Investment income | $0 |
| 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 | $617,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| 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 of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $380,496 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $34,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,552 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,943 |
| Advertising and promotion | $1,406 |
| Office expenses | $30,597 |
| Information technology | $6,338 |
| Royalties | $0 |
| Occupancy | $56,899 |
| Travel | $12,694 |
| 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 | $11,754 |
| All other expenses | $262 |
| Total functional expenses | $553,626 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $130,125 |
| 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 | $45,516 |
| 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 | $175,641 |
| Accounts payable and accrued expenses | $33 |
| 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 | $149,900 |
| Other liabilities | $0 |
| Total liabilities | $149,933 |
| Net assets without donor restrictions | $25,708 |
| 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 | $175,641 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lifemark Inc has recieved totaling $7,011.
| Awarding Organization | Amount |
|---|---|
Salisbury Wicomico Economic Development Inc Salisbury, MD PURPOSE: ASSIST SMALL BUSINESS WITH DISRUPTED OPERATIONS DUE TO COVID | $7,011 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Luzerne-Schuykill County Workforce Investment Board Wilkes Barre, PA | $2,407,777 | $10,363,008 |
Bidwell Training Center Inc Pittsburgh, PA | $6,588,435 | $5,774,726 |
National Institute For Metalworking Skills Inc Fairfax, VA | $1,397,764 | $1,942,044 |
Pcc Stride Inc Washington, DC | $234,219 | $489,190 |
Careercatchers Inc Silver Spring, MD | $210,473 | $877,481 |
Washington Interfaith Network Washington, DC | $1,351,588 | $705,995 |
Lifemark Inc Salisbury, MD | $175,641 | $617,853 |
Philadelphia Student Union Philadelphia, PA | $831,973 | $716,468 |
Learn To Earn Inc Petersburg, VA | $79,888 | $411,262 |
Time For Change Washington, DC | $111,121 | $275,891 |
Equity Project Philadelphia, PA | $195,205 | $122,340 |
International Critical Infrastructure Security Institute Forest, VA | $2,749 | $0 |