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Life Practice Counseling Group Inc

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

EIN: 263411961 ✦ Sacramento, CA ✦ Designated as a 501(c)(3)

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Overview

What is Life Practice Counseling Group Inc?

Life Practice Counseling Group Inc, based in Sacramento, California, is a non-profit counseling agency that offers services on a sliding scale basis, taking into account the client's ability to pay. Their mission is twofold: first, as a charitable organization, they aim to provide affordable counseling to underprivileged and low to middle-income individuals who might not otherwise have access to such services or lack mental health insurance. Secondly, they function as a training facility for therapists working towards their licenses, allowing them to provide low-cost services while gaining valuable experience. By combining these two purposes, Life Practice Counseling Group Inc seeks to offer professional, ethical, and knowledgeable clinical treatment to the greater Sacramento area. The organization is staffed by 26 employees.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Life Practice Counseling Group Inc has been rated with a two-star performance by Charity Navigator, reflecting a need for improvement in various accountability and financial practices. While the organization scores well in areas like having a majority of independent board members and a solid liabilities to assets ratio, it falls short in financial transparency, with a score of zero in reporting its financial statements and tax forms on its website.

The organization demonstrates some strengths, particularly in its governance structure, as all board members are independent, and it has a good size board. However, significant limitations are noted in its financial management, including the lack of a conflict of interest and whistleblower policy. These shortcomings can impact stakeholder trust and the overall effectiveness of the nonprofit.

Another area of concern is the high salary of the President & CEO, which may raise questions regarding resource allocation. The program expense ratio is adequate, indicating that funds are being directed towards programs, but the overall lack of transparency may hinder potential donors from feeling confident in their contributions.


This AI summary has been generated from information found on Charity Navigator.

Is Life Practice Counseling Group Inc legitimate?

Life Practice Counseling Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Practice Counseling Group 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: $212,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $476,494

For more financial information, click here

What is the mission statement of Life Practice Counseling Group Inc?

Life Practice Counseling Group is a non-profit counseling agency that offers sliding-scale fees to the greater Sacramento area. The organization aims to serve under-privileged and low to middle-class communities who may not be able to afford counseling services or lack mental health insurance. Additionally, Life Practice Counseling Group functions as a training facility for therapists collecting hours to obtain their licenses, which allows them to provide low fees. Their mission, as both a charitable organization and a training facility, is to offer professional, ethical, and knowledgeable clinical treatment.

Who is the CEO of Life Practice Counseling Group Inc?

Carisa Sherwood is the President & Ceo of Life Practice Counseling Group Inc. The CEO's salary of Life Practice Counseling Group Inc is $212,050 and their total compensation is $212,050.

What is the revenue of Life Practice Counseling Group Inc?

Life Practice Counseling Group Inc's revenue in 2022 was $1,077,083.

Who are the executives of Life Practice Counseling Group Inc and what are their salaries?

The average compensation at Life Practice Counseling Group Inc during 2022 was $26,482. There are 26 employees at Life Practice Counseling Group Inc.


Here are 4 key members and their salaries (Life Practice Counseling Group Inc's CEO's salary is $212,050 and their total compensation is $212,050):


Carisa Sherwood (President & Ceo)
  • Compensation: $212,050
  • Related: $0
  • Other: $0
Jaime Zezini (Treasurer Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Merlino (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Sinogui (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Life Practice Counseling Group Inc?

Life Practice Counseling Group Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Life Practice Counseling Group Inc

Life Practice Counseling Group Inc is a non-profit counseling agency that provides affordable counseling services to the greater Sacramento area, adjusting fees based on monthly income or a client's ability to pay. The organization serves a dual purpose: firstly, as a charitable organization, it aims to offer counseling services at a reduced cost to underprivileged and low to middle-income individuals who might not otherwise be able to afford such services or lack mental health insurance. Secondly, Life Practice Counseling Group functions as a training facility for therapists collecting hours to obtain their licenses. By offering low fees, the organization is able to provide professional, ethical, and knowledgeable clinical treatment while simultaneously providing training opportunities for aspiring therapists. In essence, Life Practice Counseling Group Inc strives to make mental health services accessible to all, ensuring the highest quality of care for its clients while fostering the development of future mental health professionals.

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Impact




June, 2024

Life Practice Counseling Group Inc has a significant impact in the greater Sacramento area by providing counseling services on a sliding scale based on clients' ability to pay. This allows underprivileged and low to middle-class populations access to much-needed mental health services that they may not be able to afford otherwise. Additionally, the organization serves as a training facility for therapists working towards their licenses, further contributing to the community by ensuring a high standard of professional, ethical, and knowledgeable clinical treatment. Through these dual purposes, Life Practice Counseling Group positively influences the mental well-being of individuals in the area while also supporting the growth and development of mental health professionals.




This information is meant to be a general summary of Life Practice Counseling Group 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
$1,077,083 (2022)
Expenses
$1,068,921 (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: $1,064,996
  • Gross Receipts: $1,077,083

Assets and Liabilities:

  • Total Assets: $313,915
  • Total Liabilities: $0
  • Net Assets: $313,915

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Programs

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

PROGRAM REVENUE

Revenue

$1,064,996

Organization Details

Founding Year

2008

Principal Officer

Carisa Sherwood

Main Address

3820 AUBURN BLVD 100, SACRAMENTO, CA, 95821

NTEE Category

Code: F30 - Mental health

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