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Lifes Potential Services Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 201643998 ✦ Westminster, MD ✦ Designated as a 501(c)(3)

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Overview

What is Lifes Potential Services Inc?

Lifes Potential Services Inc is a compassionate nonprofit organization situated in Westminster, Maryland. Their primary focus is to provide substance abuse counseling services, catering to both adolescents and adults who are grappling with addiction. They operate a specialized substance abuse counseling center and offer various programs tailored to aid individuals in their recovery journey. Their mission is to offer support and guidance, striving to make a positive impact on the lives of those affected by substance abuse.

Is Lifes Potential Services Inc legitimate?

Lifes Potential Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifes Potential Services Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $145,437

For more financial information, click here

What is the mission statement of Lifes Potential Services Inc?

Lifes Potential Services Inc., as an organization, is committed to providing substance abuse counseling services. Their mission extends to helping both adolescents and adults who are battling addiction. They operate a substance abuse counseling center and offer various programs to assist individuals in overcoming their struggles with addiction. The primary aim of Lifes Potential Services Inc. is to offer support and guidance to those in need, contributing to their journey towards recovery.

Who is the CEO of Lifes Potential Services Inc?

Karen Byrd is the President of Lifes Potential Services Inc.

What is the revenue of Lifes Potential Services Inc?

Lifes Potential Services Inc's revenue in 2022 was $486,246.

Who are the executives of Lifes Potential Services Inc and what are their salaries?


There is 1 key member and their salary:


Karen Byrd (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lifes Potential Services Inc?

Lifes Potential Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lifes Potential Services Inc

Life's Potential Services Inc is dedicated to providing substance abuse counseling services as its mission. This nonprofit organization offers its services to both adolescents and adults who are struggling with addiction. They operate a substance abuse counseling center, where they provide tailored programs to help individuals overcome their addiction challenges.

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Impact




July, 2024

Lifes Potential Services Inc's impact is significant in addressing substance abuse issues among adolescents and adults in Westminster, MD. By providing substance abuse counseling services and programs, they are making a positive difference in the community by helping individuals struggling with addiction to overcome their challenges and lead healthier, more fulfilling lives. Their focus on youth development also ensures that young people have the support and resources they need to make positive choices and avoid the pitfalls of substance abuse. Overall, Lifes Potential Services is playing a crucial role in improving the well-being of individuals and families affected by addiction in the area.




This information is meant to be a general summary of Lifes Potential Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$486,246 (2022)
Expenses
$528,742 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $70,209
  • Gross Receipts: $486,246

Assets and Liabilities:

  • Total Assets: $114,476
  • Total Liabilities: $87,747
  • Net Assets: $26,729

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

COUNSELING

Revenue

$61,742

Other Fees

Revenue

$8,467

Organization Details

Founding Year

2004

Principal Officer

Karen Byrd

Main Address

389 SILVER RUN VALLEY ROAD, Westminster, MD, 21158

NTEE Category

Code: O50 - Youth development

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