Overview
What is Lasting Change Inc?
Lasting Change Inc, located at 4150 Illinois Rd, Fort Wayne, IN 46804, functions as a nonprofit organization providing essential administrative services. With a workforce of 231 employees, they offer support to related nonprofits, LifeLine Youth and Family Services and Crosswinds, Inc, through services such as accounting, human resources, payroll, marketing, and executive oversight. Their mission is geared towards inspiring change and bringing hope to individuals, families, and communities.
Official website here: www.lifelineyouth.org/lasting-change
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lasting Change Inc has received an overall rating of 81%, which reflects strong performance in its Accountability & Finance practices. This score indicates a commitment to transparency and effective management, showcasing its solid governance structure with a completely independent board and robust audit practices.
The organization excels in several key areas, including maintaining a high program expense ratio of 80.87%, ensuring that a significant portion of its funds directly supports its mission. Additionally, it has comprehensive policies in place for conflict of interest, whistleblower protections, and document retention, further emphasizing its dedication to accountability.
However, one notable limitation is the low score in the liabilities to assets ratio, which received no points. This could suggest potential concerns regarding financial sustainability or asset management that may warrant further attention. Overall, Lasting Change Inc demonstrates a strong commitment to fiscal responsibility, though it may need to address its financial ratios to enhance its score further.
This AI summary has been generated from information found on Charity Navigator.
Is Lasting Change Inc legitimate?
Lasting Change Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lasting Change 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: $918,601
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,906,555
For more financial information, click here
Official website here: www.lifelineyouth.org/lasting-change
What is the mission statement of Lasting Change Inc?
Lasting Change Inc is an organization dedicated to making a difference in the lives of individuals, families, and communities. Their mission is to bring hope and effect change from within. Through their administrative support, they assist related non-profit organizations, specifically Lifeline Youth and Family Services and Crosswinds, Inc. The organization's services include accounting, human resources, payroll, marketing, and executive oversight. They also lease a building to these organizations, enabling them to carry out their missions more effectively. The impact of Lasting Change Inc extends beyond just administrative support, as they contribute to fostering positive change and instilling hope in the people they serve.
Official website here: www.lifelineyouth.org/lasting-change
Who is the CEO of Lasting Change Inc?
Timothy M Smith is the Chief Executive Officer of Lasting Change Inc. The CEO's salary of Lasting Change Inc is $370,244 and their total compensation is $408,944.
Official website here: www.lifelineyouth.org/lasting-change
What is the revenue of Lasting Change Inc?
Lasting Change Inc's revenue in 2022 was $16,864,890.
Official website here: www.lifelineyouth.org/lasting-change
Who are the executives of Lasting Change Inc and what are their salaries?
The average compensation at Lasting Change Inc during 2022 was $38,204. There are 231 employees and 10 volunteers at Lasting Change Inc.
Here are 15 key members and their salaries (Lasting Change Inc's CEO's salary is $370,244 and their total compensation is $408,944):
- Compensation: $399,838
- Related: $0
- Other: $41,025
- Compensation: $370,244
- Related: $0
- Other: $38,700
- Compensation: $201,928
- Related: $0
- Other: $22,203
- Compensation: $168,206
- Related: $0
- Other: $19,908
- Compensation: $150,663
- Related: $0
- Other: $34,062
- Compensation: $152,553
- Related: $0
- Other: $28,492
- Compensation: $139,786
- Related: $0
- Other: $19,355
- Compensation: $113,037
- Related: $0
- Other: $9,691
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lifelineyouth.org/lasting-change
Where can I find the form 990 for Lasting Change Inc?
Lasting Change Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifelineyouth.org/lasting-change
Learn more at the official website: www.lifelineyouth.org/lasting-change
Mission Statement of Lasting Change Inc
Lasting Change Inc, a supportive organization, is committed to bringing hope and making a difference in the lives of individuals, families, and communities. By providing essential administrative services, Lasting Change enables other non-profit organizations to focus on their core missions. Currently, its support reaches Lifeline Youth and Family Services and Crosswinds, Inc.
In the realm of administrative services, Lasting Change offers expertise in areas such as accounting, human resources, payroll, marketing, and executive oversight. These services are vital for the smooth functioning of non-profit organizations, allowing them to allocate their resources effectively towards achieving their respective goals.
Moreover, Lasting Change demonstrates its dedication to transforming lives by leasing a building to Lifeline Youth and Family Services and Crosswinds, Inc. This arrangement not only supports the operational needs of these organizations but also reinforces the community-building spirit of Lasting Change. Through its strategic partnerships, Lasting Change embodies its mission to change hearts and make a lasting impact.
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Impact
October, 2024
Lasting Change Inc significantly impacts the community by providing essential administrative support to organizations like Lifeline Youth and Family Services and Crosswinds, Inc. Through comprehensive services such as accounting, human resources, payroll, marketing, and executive oversight, Lasting Change enables these organizations to focus on their core missions of helping individuals and families in need.
By leasing a facility to its partner organizations, Lasting Change ensures they have the necessary infrastructure to operate effectively, enhancing their capacity to serve the community. The organization's overarching mission—changing hearts and bringing hope—inspires a transformative environment for individuals and families facing various challenges, ultimately contributing to a more supportive and resilient community in Fort Wayne, Indiana. Through its efforts, Lasting Change Inc plays a crucial role in addressing issues related to crime and fostering a safer, healthier society.
This information is meant to be a general summary of Lasting Change 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: $91,994
- Program Service Revenue: $16,131,679
- Gross Receipts: $17,010,673
Assets and Liabilities:
- Total Assets: $39,851,221
- Total Liabilities: $30,625,693
- Net Assets: $9,225,528
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMINISTRATIVE/MANAGEMENT SERVICES
Revenue
$6,386,055
RENTAL INCOME
Revenue
$3,068,050
STUDENT TUITION
Revenue
$156,129
MEDICAID COUNSELING
Revenue
$223,627
COURT & WELFARE FEES
Revenue
$6,297,818
Organization Details
Founding Year
1968
Phone
(260) 702-3803Principal Officer
Timothy M Smith
Main Address
4150 ILLINOIS RD, FORT WAYNE, IN, 46804
NTEE Category
Code: I440 - Crime
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