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Life Start Inc

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

EIN: 311814483 ✦ Columbus, OH ✦ Designated as a 501(c)(3)

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Overview

What is Life Start Inc?

Life Start Inc, located in Columbus, Ohio, is a compassionate nonprofit organization with a mission to provide foster care and adoption services for infants and children with disabilities. With a dedicated workforce of 18 individuals, they strive to offer supportive care and facilitate adoptions, ensuring a nurturing environment for these vulnerable children. Their purpose extends beyond providing essential services; they advocate for the rights and well-being of these children, ensuring they receive the care and love they deserve.


Official website here: www.lifestartinc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81%, Three-Star out of Four Star rating.

Life Start Inc has received a solid Three-Star rating from Charity Navigator, indicating a respectable performance in its accountability and financial practices. The organization boasts a high program expense ratio of 88.06%, demonstrating a strong commitment to directing resources towards its programs rather than administrative costs. Additionally, 100% of its board members are independent, which enhances governance and minimizes potential conflicts of interest.

The charity has implemented robust policies, including conflict of interest, whistleblower, and document retention policies, all of which are essential for transparency and ethical management. Their financial health is further evidenced by a favorable liabilities to assets ratio of 12.46%, suggesting a sound financial foundation.

While the overall rating is strong, potential donors may want to consider the implications of a Three-Star rating, highlighting room for growth in some areas. However, the organization's strong governance practices and financial management indicate a reliable option for those looking to support its mission.


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

Is Life Start Inc legitimate?

Life Start Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Start 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: $71,002
Professional Fundraising Fees: $0
Other Salaries and Wages: $511,280

For more financial information, click here


Official website here: www.lifestartinc.com

What is the mission statement of Life Start Inc?

Life Start Inc is committed to providing foster care and adoption services for infants and children with disabilities. Their mission is centered around ensuring these vulnerable children find a nurturing environment and permanent homes. By offering these services, Life Start Inc aims to provide these children with the care and support they need to thrive and reach their full potential. The organization operates with a focus on fostering a loving and supportive environment for these children, working tirelessly to ensure they have access to the resources and opportunities they deserve.


Official website here: www.lifestartinc.com

Who is the CEO of Life Start Inc?

Lawanda Stewart is the Agency Admin of Life Start Inc.


Official website here: www.lifestartinc.com

What is the revenue of Life Start Inc?

Life Start Inc's revenue in 2022 was $1,725,803.


Official website here: www.lifestartinc.com

Who are the executives of Life Start Inc and what are their salaries?

The average compensation at Life Start Inc during 2022 was $32,349. There are 18 employees at Life Start Inc.


Here are 5 key members and their salaries:


Lawanda Stewart (Agency Admin)
  • Compensation: $60,151
  • Related: $0
  • Other: $0
Mary Hall (Member At La)
  • Compensation: $10,850
  • Related: $0
  • Other: $0
William Powelson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Francis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Sorrell (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifestartinc.com

Where can I find the form 990 for Life Start Inc?

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


Official website here: www.lifestartinc.com

Learn more at the official website: www.lifestartinc.com

Mission Statement of Life Start Inc

Life Start Inc, a nonprofit organization, is committed to providing foster care and adoption services specifically for infants and children with disabilities. By taking on this mission, Life Start Inc aims to support these vulnerable children and families, offering them the care and support they need during challenging times. The organization's work is crucial in ensuring that these children have a safe and nurturing environment, enabling them to thrive and reach their full potential. Through its foster care and adoption services, Life Start Inc plays a vital role in providing these children with the love, care, and opportunities they deserve, ultimately helping them overcome the challenges posed by their disabilities.

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Impact




October, 2024

Life Start Inc significantly impacts the lives of infants and children with disabilities by providing essential foster care and adoption services. Operating in Columbus, Ohio, it addresses the critical needs of vulnerable children who require stable and nurturing environments. By facilitating foster care placements and adoption processes, Life Start Inc helps to ensure that these children find loving families who can support their unique needs. This organization also creates job opportunities in the community, contributing to employment and economic stability while fostering a culture of care and compassion for children with disabilities. The work of Life Start Inc not only transforms individual lives but also strengthens family structures within the community.




This information is meant to be a general summary of Life Start 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
$1,725,803 (2022)
Expenses
$1,801,881 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,029
  • Program Service Revenue: $1,590,651
  • Gross Receipts: $1,725,803

Assets and Liabilities:

  • Total Assets: $738,650
  • Total Liabilities: $92,289
  • Net Assets: $646,361

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Programs

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

COUNTY CHILDREN SERVICES

Revenue

$1,547,393

FOSTER CARE COORDINATORS

Revenue

$21,758

TRAINING FEES

Revenue

$21,500

Organization Details

Founding Year

2001

Principal Officer

Lawanda Stewart

Main Address

4889 SINCLAIR ROAD, COLUMBUS, OH, 43229

NTEE Category

Code: J30 - Employment

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