Life College is located in San Juan Capistrano, CA. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life College 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 06/2022, Life College generated $241.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $255.9k during the year ending 06/2022. While expenses have increased by 16.6% per year over the past 6 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EDUCTION PROGRAM FOCUSED ON PROVIDING LIFE SKILLS AND JOB SKILLS TO ADULTS WITH INTELLECTUAL DISABILITIES, HELPING OUR STUDENTS ACHIEVE INDEPENDENT LIVES
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCTION PROGRAM FOCUSED ON PROVIDING LIFE SKILLS AND JOB SKILLS TO ADULTS WITH INTELLECTUAL DISABILITIES, HELPING OUR STUDENTS ACHIEVE INDEPENDENT LIVES
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Phil Pricket Program Director | 40 | $100,800 | |
Joyce Arnston President/director | OfficerTrustee | 15 | $0 |
Greg Brashears Treasurer/director | OfficerTrustee | 10 | $0 |
Craig Feltman Director | Trustee | 3 | $0 |
Damon Shelly Director | Trustee | 3 | $0 |
Cathleen Grenier Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $29,742 |
All other contributions, gifts, grants, and similar amounts not included above | $31,000 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $60,742 |
Total Program Service Revenue | $180,468 |
Investment income | $234 |
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 | $241,444 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $20,000 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $169,395 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $14,191 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,714 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $10,212 |
Office expenses | $3,695 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,628 |
Travel | $10,297 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $73 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,545 |
Insurance | $8,302 |
All other expenses | $0 |
Total functional expenses | $255,881 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,197 |
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 | $1,166 |
Net Land, buildings, and equipment | $10,681 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $16,044 |
Accounts payable and accrued expenses | $198 |
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 | $2,558 |
Unsecured mortgages and notes payable | $8,000 |
Other liabilities | $0 |
Total liabilities | $10,756 |
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 | $5,288 |
Total liabilities and net assets/fund balances | $16,044 |
Over the last fiscal year, we have identified 1 grants that Life College has recieved totaling $6,000.
Awarding Organization | Amount |
---|---|
Orange County Chapter Charities Inc Westminster, CA PURPOSE: GENERAL | $6,000 |
Organization Name | Assets | Revenue |
---|---|---|
Kipp Foundation San Francisco, CA | $136,274,072 | $130,699,963 |
The Chicago School - California Inc Los Angeles, CA | $127,785,110 | $98,235,232 |
Social Good Fund Richmond, CA | $64,387,201 | $85,650,973 |
Avid Center San Diego, CA | $134,506,037 | $61,146,519 |
Khan Academy Inc Mountain View, CA | $115,035,528 | $59,263,743 |
California School Employees Association San Jose, CA | $160,720,307 | $80,296,309 |
Prager University Foundation Sherman Oaks, CA | $86,724,321 | $65,499,557 |
The Oakland Public Education Fund Oakland, CA | $29,835,630 | $28,210,005 |
Unicare Community Health Center Inc Ontario, CA | $12,734,998 | $31,780,162 |
Spectrum Healthcare Group Inc Cottonwood, AZ | $17,862,058 | $29,292,227 |
University Studies Abroad Consortium Reno, NV | $41,233,258 | $28,044,577 |
Califa Group San Francisco, CA | $13,975,341 | $20,958,873 |