Life Styles Inc

Organization Overview

Life Styles Inc is located in Fayetteville, AR. The organization was established in 1976. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Styles 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 06/2022, Life Styles Inc generated $10.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $10.5m during the year ending 06/2022. While expenses have increased by 6.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF LIFE STYLES, INC. IS TO SUPPORT AND ASSIST ADULTS WITH DEVELOPMENTAL DISABILITIES IN THEIR GROWTH AND DEVELOPMENT. LIFE STYLES, INC. PROVIDES TRANSITIONAL APARTMENT LIVING, LIFE SKILLS TRAINING, COMMUNITY SUPPORT, CONTINUING EDUCATIONAL OPPORTUNITIES, AND SUPPORTED EMPLOYMENT. PROVIDING QUALITY SERVICES AND RESOURCES CONSISTENT WITH THE DIGNITY OF THE INDIVIDUAL AND WITH THE PRINCIPLES OF HUMANITY IS A FUNDAMENTAL CONCERN OF THE ORGANIZATION. ALL PARTS OF LIFE STYLES, INC. PROGRAM ARE DESIGNED TO MEET THE NEEDS OF THE INDIVIDUAL WITH EMPHASIS ON ALL PHASES OF HIS OR HER OPTIMUM GROWTH AND DEVELOPMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTED LIVING PROVIDES SERVICES AND SUPPORTS TO INDIVIDUALS THROUGH THE MEDICAID WAIVER HOME AND COMMUNITY BASED PROGRAM. STAFF DEVELOPS INDIVIDUAL PLANS OF CARE FOR EACH INDIVIDUAL, ALONG WITH THEIR FAMILY, WHICH FOCUSES ON LIFE SKILL TRAINING, HEALTH AND SAFETY ISSUES, AND SOCIAL OPPORTUNITIES IN THE COMMUNITY. EACH PLAN OF CARE LISTS THE GOALS THAT EACH PERSON WANTS TO ACHIEVE. STAFF ARE HIRED AND TRAINED TO SUPPORT PEOPLE TO ACHIEVE THEIR GOALS.


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Board, Officers & Key Employees

Name (title)Compensation
John Newman
Executive Director
$131,556
Sherry Anderson
Finance Director
$116,055
Kerry Bradley
Treasurer
$0
Craig Shy
President
$0
David Van Bebber
Vice President
$0
Sam Hollis
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$16,746
Related organizations$0
Government grants $480,374
All other contributions, gifts, grants, and similar amounts not included above$401,211
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$898,331
Total Program Service Revenue$9,688,564
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $106,236
Net Income from Fundraising Events -$6,014
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,687,117

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Life Styles Inc has recieved totaling $415,211.

Awarding OrganizationAmount
Morgan Stanley Global Impact Funding Trust Inc

Indianapolis, IN

PURPOSE: UNRESTRICTED GENERAL SUPPORT

$343,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: 2021 SUPPORT

$25,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: GENERAL OPERATING SUPPORT

$25,000
Arkansas Community Foundation Inc

Little Rock, AR

PURPOSE: TO PURCHASE SECURITY INSTALLED AT THE ORGANIZATION'S THREE SITES

$11,104
Wal-Mart Foundation

Bentonville, AR

PURPOSE: EXECUTIVE MATCHING GIFT PROGRAM

$10,002
Western Union Foundation Inc

Denver, CO

PURPOSE: GIFT MATCHING GRANT

$1,000
View Grant Recipient Profile

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