nonprofit logo

Life Masteries Institute

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

EIN: 364288405 ✦ Decatur, IL ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Life Masteries Institute?

Life Masteries Institute is a nonprofit organization that focuses on assisting single mothers and children at risk within their community. Their mission involves enabling these individuals to contribute to local businesses and eventually establish their own companies. By providing this opportunity, they not only support the community's businesses but also empower single mothers and at-risk children, offering them a chance at entrepreneurship. Additionally, Life Masteries Institute works with various community organizations for mutual benefit.


Official website here: www.lifemasteries.org

Is Life Masteries Institute legitimate?

Life Masteries Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Masteries Institute submitted a form 990EZ, 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lifemasteries.org

What is the mission statement of Life Masteries Institute?

The Life Masteries Institute's mission is centered around assisting single mothers and at-risk children within the community. They achieve this by providing an opportunity for these individuals to assist local businesses and eventually establish their own companies. Furthermore, the institute also supports businesses and community organizations as a whole.


Official website here: www.lifemasteries.org

What is the revenue of Life Masteries Institute?

Life Masteries Institute's revenue in 2023 was $99,276.


Official website here: www.lifemasteries.org

Who are the executives of Life Masteries Institute and what are their salaries?

Here are 7 key members and their salaries:


Gingeranne Collins (President And Program Assistant)
  • Compensation: $17,329
  • Related: $0
  • Other: $0
Elise Sims (Secretary, Director And Program Assistnat)
  • Compensation: $15,576
  • Related: $0
  • Other: $0
Emily Dunn (Director And Program Assistant)
  • Compensation: $3,525
  • Related: $0
  • Other: $0
Mark Boersma (Volunteer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Tyma (Program Assistant)
  • Compensation: $3,265
  • Related: $0
  • Other: $0
Jason Miller (Volunteer)
  • Compensation: $5,900
  • Related: $0
  • Other: $0
Elaine Yoder (Director And Program Assistant)
  • Compensation: $944
  • Related: $0
  • Other: $0


Official website here: www.lifemasteries.org

Where can I find the form 990EZ for Life Masteries Institute?

Life Masteries Institute's most recent form 990EZ was submitted in 2023 and can be accessed here.


Official website here: www.lifemasteries.org

Learn more at the official website: www.lifemasteries.org

Mission Statement of Life Masteries Institute

Life Masteries Institute, a nonprofit organization, is dedicated to assisting single mothers and children at risk within their community. Their mission is twofold: firstly, they offer an opportunity for these individuals to assist local businesses and community organizations. This not only provides them with valuable experience but also allows them to gain a foothold in the business world. Secondly, Life Masteries Institute empowers these individuals by enabling them to establish their own companies. In this way, they are not only helping them gain employment but also fostering entrepreneurship and self-sufficiency within their community. The organization's mission is to bridge the gap between vulnerable individuals and the community, ultimately benefiting both parties.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

Life Masteries Institute plays a significant role in transforming the lives of single moms and at-risk kids in Decatur, Illinois. By empowering these individuals to assist local businesses and fostering an environment where they can own and operate their own companies, the Institute promotes economic independence and self-sufficiency. Through this approach, it not only directly supports families but also contributes to the vitality of the community as a whole.

The impact extends to local businesses and organizations, which benefit from the involvement and fresh perspectives of program participants. This collaboration strengthens community ties and fosters a culture of support and development. Ultimately, Life Masteries Institute champions youth development, creating pathways for success and encouraging a brighter future for the next generation.




This information is meant to be a general summary of Life Masteries Institute. 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
$99,276 (2023)
Expenses
$96,190 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $5
  • Program Service Revenue: $70,834
  • Gross Receipts: $99,276

Assets and Liabilities:

  • Total Assets: $27,430
  • Total Liabilities: $0
  • Net Assets: $27,430

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

NTEE Category

Code: O50 - Youth development

If you are a representative of Life Masteries Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.