Overview
What is Lifehouse Inc?
Lifehouse Inc is a nonprofit organization situated in Louisville, Kentucky, specifically at 2710 Riedling Drive. Their primary mission is to support pregnant and parenting teens, women, and their children, catering to their spiritual, emotional, physical, and intellectual needs. In 2022, they provided refuge to 23 women and 15 children, offering a safe and nurturing environment. A 24/7 "House Mom" is present, teaching essential life skills and fostering responsibility and respect within the community. The residents, mostly Christian women, cook meals and eat together, while also engaging in financial literacy sessions, parenting classes, spiritual development, and goal-setting. Lifehouse's goal is to help the residents become self-sufficient and prepare for raising their children or pursuing further education or careers.
Official website here: www.lifehouselouisville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95%
Lifehouse Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in financial accountability and governance. The organization scored notably well in Accountability & Finance with a score of 94, indicating sound financial practices and transparency. Moreover, its Leadership & Adaptability score of 100 highlights an effective leadership structure and strategic planning, ensuring the organization can adapt to changing circumstances.
The nonprofit also demonstrates a robust commitment to its mission through a high Culture & Community score of 94. This suggests that Lifehouse Inc fosters a positive organizational culture and actively engages with the communities it serves. Additionally, the organization boasts a fully independent board, with 100% of its members meeting independence criteria, which enhances its governance practices.
While the Program Expense Ratio is at 65.08%, which is relatively healthy, it indicates that there may be room for improvement in maximizing program expenditures relative to total expenses. Overall, Lifehouse Inc shows strong financial health and a commitment to effective leadership and community engagement, making it a reputable choice for donors.
This AI summary has been generated from information found on Charity Navigator.
Is Lifehouse Inc legitimate?
Lifehouse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifehouse 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: $77,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $281,380
For more financial information, click here
Official website here: www.lifehouselouisville.org
What is the mission statement of Lifehouse Inc?
Lifehouse Inc's mission is centered around providing support for pregnant and/or parenting teenagers and women, as well as their children. The organization aims to cater to their spiritual, emotional, physical, and intellectual needs, both for the mothers and their children, whether born or unborn. In 2022, Lifehouse had 23 maternal residents and 15 child residents, providing them with a nurturing environment that instills peace, hope, and valuable life lessons. A house mother is present 24/7, teaching basic life skills and fostering responsibility and respect among the residents. Meals are prepared and shared communally, and financial habits and budgeting are taught to help the residents establish a stable future. Parenting skills, spiritual development, and goal-setting are integral parts of the program, with regular monitoring by the program manager and case manager to ensure self-sufficiency and preparation for raising children and pursuing further education or a career path.
Official website here: www.lifehouselouisville.org
Who is the CEO of Lifehouse Inc?
William Cooper is the President of Lifehouse Inc.
Official website here: www.lifehouselouisville.org
What is the revenue of Lifehouse Inc?
Lifehouse Inc's revenue in 2022 was $644,811.
Official website here: www.lifehouselouisville.org
Who are the executives of Lifehouse Inc and what are their salaries?
The average compensation at Lifehouse Inc during 2022 was $15,620. There are 23 employees and 85 volunteers at Lifehouse Inc.
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- Compensation: $77,872
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Official website here: www.lifehouselouisville.org
Where can I find the form 990 for Lifehouse Inc?
Lifehouse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifehouselouisville.org
Learn more at the official website: www.lifehouselouisville.org
Mission Statement of Lifehouse Inc
Lifehouse Inc, a nonprofit organization, is dedicated to addressing the spiritual, emotional, physical, and intellectual needs of pregnant and/or parenting teens and women, as well as their children, both born and unborn. Lifehouse's mission is to provide a supportive environment where these individuals can grow and develop, fostering responsibility, respect, and self-sufficiency. In 2022, Lifehouse housed 23 maternal residents and 15 child residents, offering them peace, hope, and valuable lessons that would last beyond their stay at the facility.
The day-to-day operations at Lifehouse are structured to promote personal growth and independence. A "House Mom" is present 24/7, overseeing the home and teaching basic life skills to the women. The women learn to live in a community with other Christian women, cooking meals and eating together when their schedules allow. Regular meetings with program staff are held to establish healthy financial habits and budgeting, as well as to focus on parenting skills, spiritual development, and goal-setting. Lifehouse's program is designed to prepare its residents to become self-sufficient and capable of raising their children and furthering their education or pursuing a career path.
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Impact
July, 2024
Lifehouse Inc has a significant impact on the lives of pregnant and parenting teens and women, as well as their children. By providing a supportive and nurturing environment, Lifehouse addresses the spiritual, emotional, physical, and intellectual needs of these individuals. Through its program, Lifehouse has supported 23 maternal residents and 15 child residents in 2022, offering them not just practical assistance but also peace, hope, and spiritual guidance.
The on-site "house mom" plays a crucial role in maintaining order, teaching life skills, and fostering a sense of responsibility and respect among the residents. The program includes elements such as meal preparation, financial education, parenting skills, spiritual development, and goal-setting, all aimed at empowering the women to become self-sufficient and capable of providing for themselves and their children.
Overall, Lifehouse Inc's impact goes far beyond just providing housing; it equips pregnant and parenting individuals with the tools and support they need to build a better future for themselves and their families.
This information is meant to be a general summary of Lifehouse 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: $747
- Gross Receipts: $671,956
Assets and Liabilities:
- Total Assets: $1,541,551
- Total Liabilities: $29,130
- Net Assets: $1,512,421
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Organization Details
Founding Year
2007
Phone
(859) 626-9040Principal Officer
William Cooper
Main Address
2710 RIEDLING DRIVE, LOUISVILLE, KY, 40206
Website
www.lifehouselouisville.orgNTEE Category
Code: L40 - Housing
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