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Living Stream Inc

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

EIN: 311510391 ✦ Delaware, OH ✦ Designated as a 501(c)(3)

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Overview

What is Living Stream Inc?

Living Stream Inc, located in Delaware, Ohio, is a nonprofit organization dedicated to providing care for individuals with developmental disabilities. They are contracted by the Ohio Department of Developmental Disabilities, working tirelessly to support this vulnerable population. With a team of 15 dedicated individuals, Living Stream Inc ensures that every individual under their care receives the necessary assistance and support. Their mission is deeply rooted in providing comprehensive care for these individuals, making a significant impact in their daily lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64%, Two-Star out of Four Star rating. Living Stream Inc has achieved a 64% rating, which reflects some strengths alongside areas of concern in its accountability and financial management. The organization has a fully independent board, with all members meeting independence criteria, which indicates strong governance practices.

On the financial side, Living Stream Inc has a high program expense ratio of 100%, demonstrating that all its expenses are allocated towards programs rather than administrative costs. However, the organization faces significant challenges with its liabilities, showing a very high liabilities to assets ratio of 476.89%, which raises questions about its financial sustainability. Additionally, the lack of financial statements and the absence of certain required documents on its website could hinder transparency.

Despite the identified weaknesses, Living Stream Inc does have robust policies in place regarding conflicts of interest, whistleblower protections, and document retention, which are all positive indicators of its commitment to accountability. Overall, while the organization has strong governance and program focus, its financial health and transparency need to be addressed for improved ratings and stakeholder trust.


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

Is Living Stream Inc legitimate?

Living Stream Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Stream 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: $91,561
Professional Fundraising Fees: $0
Other Salaries and Wages: $242,063

For more financial information, click here

What is the mission statement of Living Stream Inc?

Living Stream Inc's primary mission is centered around providing care for individuals with developmental disabilities. They carry out this mission under a contract with the Ohio Department of Developmental Disabilities. Their work is geared towards providing essential support and services to these individuals, aiming to improve their quality of life and overall well-being. The organization's mission is grounded in the belief that everyone deserves equal opportunities and care, regardless of their developmental abilities. Living Stream Inc's services are designed to meet the unique needs of each individual, promoting their independence and integration into society.

Who is the CEO of Living Stream Inc?

Michael Zeigler Jr Doo is the Doo of Living Stream Inc.

What is the revenue of Living Stream Inc?

Living Stream Inc's revenue in 2022 was $557,525.

Who are the executives of Living Stream Inc and what are their salaries?

The average compensation at Living Stream Inc during 2022 was $22,242. There are 15 employees at Living Stream Inc.


There is 1 key member and their salary:


Michael Zeigler Jr (Doo)
  • Compensation: $91,561
  • Related: $0
  • Other: $0
Where can I find the form 990 for Living Stream Inc?

Living Stream Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Living Stream Inc

Living Stream Inc, a nonprofit organization, is dedicated to providing care for individuals with developmental disabilities. Under contract with the Ohio Department of Developmental Disabilities, Living Stream Inc is committed to supporting these individuals in their daily lives and helping them reach their full potential. The organization's mission is centered around providing essential care and support, ensuring that these individuals have access to the resources they need to live fulfilling lives. Through this partnership with the Ohio Department of Developmental Disabilities, Living Stream Inc plays a crucial role in advocating for and empowering individuals with developmental disabilities, enabling them to lead independent and satisfying lives.

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Impact




July, 2024

Living Stream Inc has a significant impact in Delaware, Ohio, by providing essential care for developmentally disabled persons under contract with the Ohio Department of Developmental Disabilities. Through their housing and support services, Living Stream Inc plays a crucial role in improving the quality of life and ensuring the well-being of individuals with disabilities in the community. Their mission to care for these individuals reflects a commitment to inclusivity and compassion, making a positive difference in the lives of those they serve.




This information is meant to be a general summary of Living Stream 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
$557,525 (2022)
Expenses
$670,740 (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: $557,525
  • Gross Receipts: $557,525

Assets and Liabilities:

  • Total Assets: $45,505
  • Total Liabilities: $217,012
  • Net Assets: -$171,507

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Programs

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

SERVICE REVENUE

Revenue

$557,525

Organization Details

Founding Year

1999

Principal Officer

Michael Zeigler Jr Doo

Main Address

2409 STRATFORD ROAD, DELAWARE, OH, 43015

NTEE Category

Code: L20 - Housing

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