Overview
What is Lifeline Child And Family Services Inc?
Lifeline Child and Family Services Inc, located in Corsicana, Texas, is a dedicated nonprofit organization that specializes in foster care. Their primary mission is to provide a conducive environment for troubled and neglected youth, offering both basic and therapeutic foster care services. The organization also facilitates adoptions for these youth, ensuring they find permanent, loving homes. With a team of ten employees, they work tirelessly to improve the lives of these children, ensuring they receive the necessary support and care they need to thrive.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.
Lifeline Child And Family Services Inc has received a 71% rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and finance. The organization demonstrates strong governance practices, with 80% of its board members being independent, which can enhance its decision-making processes and reduce conflicts of interest.
Financially, the organization shows a solid commitment to its mission, with a program expense ratio of 66.55%, indicating that a significant portion of its budget is directed toward its programs. Additionally, the absence of material asset diversion and a favorable liabilities-to-assets ratio of 40.71% contribute positively to its financial health. However, the overall rating suggests there may still be areas for improvement in its operational efficiency.
This AI summary has been generated from information found on Charity Navigator.
Is Lifeline Child And Family Services Inc legitimate?
Lifeline Child And Family Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifeline Child And Family 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: $104,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,487
For more financial information, click here
What is the mission statement of Lifeline Child And Family Services Inc?
Lifeline Child and Family Services Inc's mission is centered around foster care and adoption. The organization strives to place troubled and neglected youth into nurturing foster family homes, providing them with essential care. Furthermore, Lifeline coordinates the adoptions of these youth, ensuring they find permanent, loving families. The organization's aim is to offer basic, therapeutic, and habilitative foster care to these children, aiming to improve their well-being and provide them with a stable environment.
Who is the CEO of Lifeline Child And Family Services Inc?
Beverly Ott is the Treasurer of Lifeline Child And Family Services Inc.
What is the revenue of Lifeline Child And Family Services Inc?
Lifeline Child And Family Services Inc's revenue in 2022 was $1,810,179.
Who are the executives of Lifeline Child And Family Services Inc and what are their salaries?
The average compensation at Lifeline Child And Family Services Inc during 2022 was $44,221. There are 10 employees at Lifeline Child And Family Services Inc.
Here are 5 key members and their salaries:
- Compensation: $104,719
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lifeline Child And Family Services Inc?
Lifeline Child And Family Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lifeline Child And Family Services Inc
Lifeline Child and Family Services Inc, as a nonprofit organization, is dedicated to the mission of providing foster care and facilitating adoptions for troubled and neglected youth. Their primary objective is to place these children into foster family homes, offering them a nurturing environment where they can receive essential care, therapy, and rehabilitation. By doing so, Lifeline Child and Family Services Inc aims to improve the lives of these children and provide them with a chance at a better future. The organization also coordinates adoptions, ensuring that neglected youth find loving and permanent homes. Through their foster care and adoption services, Lifeline Child and Family Services Inc strives to make a positive impact on the lives of vulnerable children, helping them overcome their challenges and build a brighter future.
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Impact
October, 2024
Lifeline Child And Family Services Inc profoundly impacts the lives of troubled and neglected youth by providing essential support through foster care and adoption services. By placing these vulnerable children into safe and nurturing foster family homes, the organization helps create stable environments that are crucial for their emotional and psychological development.
Moreover, Lifeline coordinates adoptions, ensuring that children who need permanent homes can find loving families. The organization offers various forms of foster care, including basic, therapeutic, and habilitative options, catering to the specific needs of each child. This tailored approach not only addresses immediate safety concerns but also promotes healing and growth, paving the way for a brighter future for the youth they serve.
Through their dedicated efforts in Corsicana, TX, Lifeline plays a vital role in transforming the lives of children facing adversity, fostering resilience and hope for a better tomorrow.
This information is meant to be a general summary of Lifeline Child And Family 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $364,178
- Program Service Revenue: $1,283,524
- Gross Receipts: $2,069,569
Assets and Liabilities:
- Total Assets: $1,787,789
- Total Liabilities: $727,862
- Net Assets: $1,059,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Foster Care
Revenue
$1,228,524
Adoption
Revenue
$55,000
Organization Details
Founding Year
2005
Phone
(903) 872-7700Principal Officer
Beverly Ott
Main Address
5301 W Hwy 31, Corsicana, TX, 75110
NTEE Category
Code: P40 - Human services
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