Living Independently For Today & Tomorrow Incorporated
- Assets
- $2.0m
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 239
- Location
- Billings, MT
- Founding
- 10/1993
- Data as of
- 09/2023
- EIN
- 81-0455476
Organization Overview
Living Independently For Today & Tomorrow Incorporated is located in Billings, MT. The organization was established in 1993. 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. As of 09/2023, Living Independently For Today & Tomorrow Incorporated employed 239 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Living Independently For Today & Tomorrow Incorporated 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 09/2023, Living Independently For Today & Tomorrow Incorporated generated $3.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $3.1m during the year ending 09/2023. While expenses have increased by 6.2% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ASSISTANCE TO PEOPLE WITH DIABILITIES SO THAT THEY CAN LIVE INDEPENDENTLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE TRAINED HOUSEHOLD HELP, INDPENDENT LIVING SKILLS, EDUCATION, EQUIPMENT AND RENOVATIONS FOR THOSE WITH DISABILITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos Ramalho Executive Di | Officer | 40 | $83,421 |
Debra Acosta Director | Trustee | 2 | $0 |
Karen Anderson Secretary | OfficerTrustee | 2 | $0 |
Katie Day Director | Trustee | 2 | $0 |
Paula Mcmahon Treasurer | OfficerTrustee | 2 | $0 |
Vacant Chair | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,321,519 |
| 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 | $1,321,519 |
| Total Program Service Revenue | $2,178,574 |
| Investment income | $20,135 |
| 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 | $3,520,328 |
| 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. | $83,421 |
| Compensation of current officers, directors, key employees. | $75,079 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,125,895 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $181,572 |
| Payroll taxes | $197,606 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,675 |
| Fees for services: Accounting | $10,386 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,785 |
| Advertising and promotion | $42,279 |
| Office expenses | $47,989 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $102,180 |
| Travel | $34,499 |
| 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 | $20,125 |
| Insurance | $26,215 |
| All other expenses | $25,987 |
| Total functional expenses | $3,092,646 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $92,293 |
| Savings and temporary cash investments | $1,476,007 |
| Pledges and grants receivable | $344,370 |
| Accounts receivable, net | $40 |
| 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 | $17,359 |
| Net Land, buildings, and equipment | $44,888 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,974,957 |
| Accounts payable and accrued expenses | $150,726 |
| 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 | $150,726 |
| Net assets without donor restrictions | $1,824,231 |
| 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 | $1,974,957 |