Overview
What is Lifetime Resources Inc?
Lifetime Resources Inc is a nonprofit organization situated in Dillsboro, Indiana, specifically at 13091 Benedict Drive. Their primary mission is to cater to the needs of various demographics, including the elderly, disabled, and individuals with low to moderate incomes, residing in the southeastern part of Indiana. To fulfill this objective, Lifetime Resources Inc offers a range of services, including transportation for the general public in six respective counties. This nonprofit organization is dedicated to making a difference in the lives of those in need, promoting equity and accessibility in their community. With a workforce of 125 individuals, Lifetime Resources Inc is an essential resource for the local community, ensuring that essential services are readily available to those who require them.
Official website here: www.lifetime-resources.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.
Lifetime Resources Inc has earned a strong Four-Star rating from Charity Navigator, reflecting its high standards of accountability and finance. The organization achieved a score of 92% in Accountability & Finance, indicating effective management of its financial resources. The rating is based solely on this beacon score, showcasing the organization's commitment to transparency and responsible financial practices.
The review highlights several strengths, including an independent board consisting of 100% members and a solid program expense ratio of nearly 85%. These factors suggest that Lifetime Resources Inc prioritizes its mission by allocating a significant portion of its funds directly to programs. The presence of an audit and oversight committee further reinforces the organization’s dedication to financial integrity.
However, the evaluation notes a limitation in the form of a missing whistleblower policy, which could be a concern for those interested in the organization's governance practices. Despite this shortfall, the overall assessment indicates that Lifetime Resources Inc maintains a strong operational framework and demonstrates a commitment to ethical practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lifetime Resources Inc legitimate?
Lifetime Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifetime Resources 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: $86,275
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,488,733
For more financial information, click here
Official website here: www.lifetime-resources.org
What is the mission statement of Lifetime Resources Inc?
Lifetime Resources Inc is committed to serving elderly, disabled, and low to moderate income individuals of any age, regardless of their age. Their mission is to provide essential services to this population group, operating in the southeastern part of an unspecified state. Among their offerings, they provide transportation services to the general public within certain counties. The organization's primary goal is to enhance the quality of life for these individuals, offering support and resources that cater to their unique needs.
Official website here: www.lifetime-resources.org
Who is the CEO of Lifetime Resources Inc?
Erin Thomas is the Chairman of Lifetime Resources Inc.
Official website here: www.lifetime-resources.org
What is the revenue of Lifetime Resources Inc?
Lifetime Resources Inc's revenue in 2022 was $6,097,339.
Official website here: www.lifetime-resources.org
Who are the executives of Lifetime Resources Inc and what are their salaries?
The average compensation at Lifetime Resources Inc during 2022 was $20,600. There are 125 employees and 13 volunteers at Lifetime Resources Inc.
Here are 14 key members and their salaries:
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- Compensation: $83,875
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- Other: $2,400
Official website here: www.lifetime-resources.org
Where can I find the form 990 for Lifetime Resources Inc?
Lifetime Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lifetime-resources.org
Learn more at the official website: www.lifetime-resources.org
Mission Statement of Lifetime Resources Inc
Lifetime Resources Inc, a nonprofit organization, is committed to serving the needs of elderly, disabled, and low to moderate income individuals of any age residing in various counties within the southeastern part of Indiana. Their mission is to offer assistance and support to these individuals, ensuring they have access to essential services. One of the ways Lifetime Resources Inc achieves this is through providing transportation services to the general public in several counties, including Dearborn, Decatur, Jefferson, Ohio, Ripley, and Switzerland. By doing so, they contribute to enhancing the quality of life for these individuals, enabling them to access necessary resources and maintain their independence.
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Impact
October, 2024
Lifetime Resources Inc significantly enhances the quality of life for elderly, disabled, and low to moderate-income individuals in southeastern Indiana. By offering vital services such as transportation, the organization ensures that residents in counties like Dearborn, Decatur, Jefferson, Ohio, Ripley, and Switzerland can access essential resources, social engagement, and community activities. This access is particularly crucial for those who may face mobility challenges, allowing them to maintain independence and dignity.
By focusing on these underserved populations, Lifetime Resources Inc plays a critical role in fostering inclusivity and improving overall well-being within the community. Their commitment to human services not only addresses immediate needs but also contributes to a stronger, more connected society where all individuals can thrive regardless of their circumstances.
This information is meant to be a general summary of Lifetime Resources 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: $12,965
- Program Service Revenue: $2,025,202
- Gross Receipts: $6,097,339
Assets and Liabilities:
- Total Assets: $6,788,319
- Total Liabilities: $2,036,402
- Net Assets: $4,751,917
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Medicaid payments
Revenue
$1,108,526
Rental Revenue
Revenue
$547,218
Program revenue
Revenue
$350,399
Management Fees
Revenue
$19,059
Organization Details
Founding Year
1999
Phone
(812) 432-6272Principal Officer
Erin Thomas
Main Address
13091 Benedict Drive, Dillsboro, IN, 47018
Website
www.lifetime-resources.orgNTEE Category
Code: P80 - Human services
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