Life Tools Foundation Inc
- Assets
- $74.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Appleton, WI
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 81-1074848
Organization Overview
Life Tools Foundation Inc is located in Appleton, WI. The organization was established in 2016. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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 Tools 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 Tools Foundation Inc generated $199.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $148.9k during the year ending 06/2022. While expenses have increased by 14.1% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
EMPOWERED TUTORING'S LARGEST INITIATIVE LAST FISCAL YEAR WAS THE BRIDGING THE GAP PROGRAM. WE PARTNERED WITH THE YMCA OF THE FOX CITIES AND ASSISTED OVER 75 STUDENTS WHO STRUGGLE WITH MATH AND READING TO HELP THEM REACH GRADE-LEVEL PROFICIENCIES. ON AVERAGE, STUDENTS IN THE PROGRAM IMPROVED THEIR READING ASSESSMENT SCORES BY 11%. ALSO, MATH SCORES WERE RAISED ON AVERAGE BY 20 POINTS BY THE END OF THE SCHOOL YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Voet Secretary | 15 | $40,789 | |
Giovanna Feller Director | 1 | $0 | |
Mike Voet President | 10 | $0 | |
Jane Kaufman Director | 1 | $0 | |
Jim Olson Treasurer | 1 | $0 | |
Matt Vanden Heuvel Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $159,976 |
| Total Program Service Revenue | $30,160 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $9,100 |
| Total Revenue | $199,236 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $93,926 |
| Professional fees and other payments to independent contractors | $40,033 |
| Occupancy, rent, utilities, and maintenance | $1,950 |
| Printing, publications, postage, and shipping | $1,648 |
| Other expenses | $11,364 |
| Total expenses | $148,921 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $74,869 |
| Other assets | $0 |
| Total assets | $74,869 |
| Total liabilities | $2,845 |
| Net assets or fund balances | $72,024 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Life Tools Foundation Inc has recieved totaling $49,500.
| Awarding Organization | Amount |
|---|---|
The Clarence Wallace And Dolores Lynch Wallace Family Foundation Appleton, WI PURPOSE: EXPAND SHOULDERS TO STAND ON PROGRAM | $20,000 |
J J Keller Foundation Inc Neenah, WI PURPOSE: GENERAL CHARITABLE | $10,500 |
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $10,000 |
Community Foundation For The Fox Valley Region Inc Appleton, WI PURPOSE: B90: EDUCATIONAL SERVICES | $5,500 |
Green Bay Packers Foundation Green Bay, WI PURPOSE: SHOULDERS TO STAND ON EXPANSION | $3,100 |
Ross Stores Foundation Dublin, CA PURPOSE: YOUTH PROGRAM | $400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Cook Workforce Partnership Chicago, IL | $32,171,643 | $83,286,997 |
Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Integrity Educational Services Grand Rapids, MI | $1,165,431 | $9,051,642 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |