Life Story Club
- Assets
- $115.5k
- Revenue
- $498.6k
- Investments
- $0.0
- Employees
- 4
- Location
- Brooklyn, NY
- Founding
- Data as of
- 12/2022
- EIN
- 84-3516287
Organization Overview
Life Story Club is located in Brooklyn, NY. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. As of 12/2022, Life Story Club employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Story Club 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 12/2022, Life Story Club generated $498.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 54.9% each year . All expenses for the organization totaled $433.9k during the year ending 12/2022. While expenses have increased by 50.8% per year over the past 3 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
LIFE STORY CLUB COMBATS LONELINESS AND SOCIAL ISOLATION BY CREATING SMALL SOCIAL CLUBS FOR OLDER ADULTS TO SHARE LIFE STORIES AND EASILY BUILD FRIENDSHIPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE STORY CLUB SERVED A TOTAL OF 345 OLDER ADULTS. IN 2022, WE ORGANIZED 14 CLUBS, OR SMALL GROUPS OF OLDER ADULTS, WHO CAME TOGETHER FOR ONE HOUR ON A WEEKLY BASIS. CLUBS MEET BY VIDEOCONFERENCING, TELECONFERENCING, OR IN-PERSON AT A LOCAL COMMUNITY CENTER. MEETINGS ARE GUIDED BY A CLUB FACILITATOR, WHO FOSTER MEANINGFUL CONVERSATION AND CONNECTION BETWEEN PARTICIPANTS. FACILITATORS GUIDE PARTICIPANTS IN CO-CREATING LEGACY PROJECTS, INCLUDING PUBLISHING PRINTED "CHAPBOOKS, OR SMALL COLLECTIONS OF PARTICIPANTS' LIFE STORIES. LIFE STORY CLB COLLABORATES WITH OLDER ADULT CENTERS, PUBLIC LIBRARIES, PUBLIC HOUSING AGENCIES AS WELL AS MEDICAL AND SOCIAL SERVICE PROVIDERS, TO DELIVER PROGRAMMING TO THEIR PATIENTS AND CLIENTS. IN 2022, LSC PUBLISHED 10 CHAPBOOKS, AND HELD THREE STORYTELLING EVENTS.
IN 2022, LIFE STORY CLUB COMPLETED OUR PILOT PROJECT ENTITLED "LIFE STORY CLUB @HOME," A PROJECT WHERE LSC PARTNERED WITH MEDICAL AND SOCIAL SERVICE PROVIDERS TO REFER HOMEBOUND AND CHRONICALLY ILL PATIENTS TO CLUBS THAT ARE RUN OVER THE PHONE. THE PILOT PROJECT RAN FROM JUNE 2021 TO DECEMBER 2022, AND INVOLVED DEVELOPING A REFERRAL PROCESS AND A "DIAL-IN ASSISTANCE" SUPPORT FOR OLDER ADULTS WHO REQUIRE HEALTH OR TECHNOLOGY ACCOMMODATIONS. IN TOTAL, LSC RECEIVED AND SERVED 158 INDIVIDUALS WHO WERE REFERRED BY A DOCTOR, NURSE, OR SOCIAL WORKER (88 REFERRALS IN CALENDAR YEAR 2022).
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lily Zhou Founder & President | OfficerTrustee | 40 | $0 |
Supriya Kumar Chair | OfficerTrustee | 2 | $0 |
Tajreena Tabassoom Treasurer | OfficerTrustee | 2 | $0 |
Krina Patel Secretary | Trustee | 2 | $0 |
Linda Rincon Fundraising Committee Lead | Trustee | 2 | $0 |
Zainab Aslam Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,200 |
| All other contributions, gifts, grants, and similar amounts not included above | $432,095 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $485,295 |
| Total Program Service Revenue | $12,825 |
| Investment income | $0 |
| 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 | $501 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $498,621 |
| 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 | $255,533 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,950 |
| Payroll taxes | $22,950 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,588 |
| Fees for services: Accounting | $10,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $89,346 |
| Advertising and promotion | $0 |
| Office expenses | $332 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,735 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,825 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,636 |
| All other expenses | $0 |
| Total functional expenses | $433,917 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,351 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $52,150 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $115,501 |
| Accounts payable and accrued expenses | $10,559 |
| 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 | $10,559 |
| Net assets without donor restrictions | $55,442 |
| Net assets with donor restrictions | $49,500 |
| 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 | $115,501 |