Overview
What is Lifeact?
Lifeact is a non-profit organization headquartered in Chagrin Falls, Ohio, specifically at 210 Bell St. Their mission is centered around preventing suicide among youth by fostering awareness and education. With a team of 21 dedicated professionals, Lifeact has delivered their signature program to over 25,151 students across more than 150 schools, aiming to encourage at-risk students to seek treatment from mental health professionals, as timely intervention is often life-saving. By teaching young people to recognize the warning signs of suicide and seek professional help, Lifeact strives to make a significant impact on the lives of those at risk.
Official website here: www.lifeact.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
LifeAct has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization scored highly in several areas, with a perfect score for having a majority of independent board members and comprehensive financial oversight practices. Their commitment to transparency is evident, as they maintain policies for conflicts of interest and whistleblower protections, and they provide accessible documentation regarding board meetings.
However, the organization's program expense ratio is lower than ideal, at 57.78%. This suggests that a smaller portion of their expenditures is directed towards their programs compared to their overall spending. While they have demonstrated strong financial accountability, this aspect raises questions about the efficiency of resource allocation toward achieving their mission.
Overall, LifeAct exhibits commendable governance and transparency practices, bolstered by a fully independent board and robust financial policies. Nonetheless, potential supporters may want to consider the implications of their program expense ratio when evaluating the nonprofit's impact and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Lifeact legitimate?
Lifeact is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifeact 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: $98,196
Professional Fundraising Fees: $0
Other Salaries and Wages: $259,413
For more financial information, click here
Official website here: www.lifeact.org
What is the mission statement of Lifeact?
Lifeact's mission is geared towards suicide prevention, primarily focusing on educating young people. The organization aims to equip them with the ability to recognize the warning signs of suicide and encourage them to seek professional help not only for themselves but also for others. Lifeact's professional instructors deliver their signature program, Recognizing Adolescent Depression and Suicide Prevention, to numerous students in schools across the country, with the ultimate goal of inspiring at-risk students to seek treatment from mental health professionals. Such treatment, often life-altering and lifesaving, is a crucial aspect of Lifeact's mission.
Official website here: www.lifeact.org
Who is the CEO of Lifeact?
Jack Binder is the Ceo of Lifeact. The CEO's salary of Lifeact is $98,196 and their total compensation is $98,196.
Official website here: www.lifeact.org
What is the revenue of Lifeact?
Lifeact's revenue in 2022 was $1,161,497.
Official website here: www.lifeact.org
Who are the executives of Lifeact and what are their salaries?
The average compensation at Lifeact during 2022 was $17,029. There are 21 employees and 60 volunteers at Lifeact.
Here are 23 key members and their salaries (Lifeact's CEO's salary is $98,196 and their total compensation is $98,196):
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Official website here: www.lifeact.org
Where can I find the form 990 for Lifeact?
Lifeact's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifeact.org
Learn more at the official website: www.lifeact.org
Mission Statement of Lifeact
Lifeact, an organization dedicated to suicide prevention, aims to educate young people about the warning signs of suicide and encourages them to seek professional help. Their mission is to prevent suicide by empowering young individuals to recognize and address mental health issues, with a particular focus on adolescent depression. Through their signature program, Recognizing Adolescent Depression and Suicide Prevention, Lifeact reached approximately 25,151 students in over 150 schools. Lifeact's goal is to inspire at-risk students to seek treatment from mental health professionals, recognizing the life-altering and often lifesaving impact of such intervention. By providing awareness and education, Lifeact strives to save lives and promote mental well-being among young people.
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Impact
June, 2024
Lifeact's impact lies in its commitment to preventing suicide among young people. By delivering its signature program on recognizing adolescent depression and suicide prevention to over 25,000 students in more than 150 schools, Lifeact aims to inspire at-risk individuals to seek help from mental health professionals. This proactive approach not only raises awareness but also encourages early intervention, potentially saving lives and making a life-altering difference for those in need.
This information is meant to be a general summary of Lifeact. 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: $9,488
- Gross Receipts: $1,447,680
Assets and Liabilities:
- Total Assets: $1,292,751
- Total Liabilities: $88,338
- Net Assets: $1,204,413
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Organization Details
Founding Year
1992
Phone
(216) 464-3471Principal Officer
Jack Binder
Main Address
210 BELL ST, CHAGRIN FALLS, OH, 44022
Website
www.lifeact.orgNTEE Category
Code: F20Z - Mental health
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