Life Styles Foundation Inc is located in Fayetteville, AR. The organization was established in 1997. 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 Foundation 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 Foundation Inc generated $88.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $16.3k during the year ending 06/2022. 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
PROVIDING QUALITY SERVICES TO INDIVIDUALS WITH DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES SUPPORT FOR LIFE STYLES, INC. AND LIFE STYLES HOUSING, INC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sherry Anderson Finance Director | Officer | 40 | $0 |
John Neuman Executive Director | Officer | 40 | $0 |
David Van Bebber Director | Trustee | 1 | $0 |
Craig Shy Director | Trustee | 1 | $0 |
Jack Butt Director | Trustee | 1 | $0 |
Craig Hodgson Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $61,149 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $61,149 |
Total Program Service Revenue | $0 |
Investment income | $16,078 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $10,908 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $88,135 |
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. | $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 | $6,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $10,332 |
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 | $16,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $62,867 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $891,862 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $954,729 |
Accounts payable and accrued expenses | $7,250 |
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 | $7,250 |
Net assets without donor restrictions | $947,479 |
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 | $954,729 |
Over the last fiscal year, we have identified 1 grants that Life Styles Foundation Inc has recieved totaling $2,000.
Awarding Organization | Amount |
---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO SUPPORT GENERAL OPERATIONS IN 2021. | $2,000 |
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Bootheel Area Independent Living Services Inc Kennett, MO | $28,850,140 | $10,313,274 |
West Central Independent Living Solutions Fiscal Agent Warrensburg, MO | $5,725,766 | $7,648,439 |
Arkansas Family Supports Inc Fort Smith, AR | $6,002,199 | $9,109,380 |
Catholic Charities Of The Diocese Of Memphis Inc Memphis, TN | $2,024,003 | $6,994,059 |
Northwest Tennessee Human Resource Agency Martin, TN | $9,574,650 | $6,316,395 |
Nova Center Of The Ozarks Inc Springfield, MO | $5,393,618 | $7,745,349 |
Creative Concepts For Living Inc Hazelwood, MO | $3,412,066 | $7,520,805 |
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Ruth Jensen Village Residential Services Inc Bowling Green, MO | $2,446,350 | $6,049,475 |
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Sherwood & Myrtie Foster Home For Children Stephenville, TX | $11,331,747 | $5,786,613 |