Overview
What is Itasca Life Options?
Itasca Life Options is a nonprofit organization based in Grand Rapids, Minnesota. With a physical address at PO Box 20, they offer day training and habilitation services to aid approximately 79 adults residing in Itasca County. This program is designed to enhance the lives of its clients through tailored support. The organization employs a team of 96 individuals, demonstrating its commitment to providing essential services within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
Itasca Life Options has achieved a strong score of 94%, indicative of its solid performance in accountability and finance, earning a Four-Star rating. This rating reflects a commitment to transparency and responsible financial management, underscored by a perfect score in essential areas such as independent board governance and financial audits.
The organization demonstrates exemplary practices with a fully independent board and a favorable liabilities-to-assets ratio of 12.24%. Additionally, Itasca Life Options allocates a significant portion of its budget to programs, with a program expense ratio of 85.22%. These factors contribute to its overall reliability and effectiveness in fulfilling its mission.
While the data suggests high standards in governance and financial accountability, no limitations or areas for improvement are noted in the feedback, enhancing the organization's reputation as a trustworthy nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Itasca Life Options legitimate?
Itasca Life Options is a legitimate nonprofit organization registered as a 501(c)(3) entity. Itasca Life Options 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $885,645
For more financial information, click here
What is the mission statement of Itasca Life Options?
Itasca Life Options is dedicated to providing day training and habilitation services for individuals in need. Their mission is centered around enhancing the lives of these individuals, offering them the necessary support and skills development through their day programs. Although the specifics of their services and approach are not provided, it can be inferred that their goal is to empower these individuals to lead more independent and fulfilling lives. The organization served approximately 79 clients living in Itasca County, demonstrating its reach and impact within the community.
Who is the CEO of Itasca Life Options?
Lisa Lassen is the Chairperson of Itasca Life Options.
What is the revenue of Itasca Life Options?
Itasca Life Options's revenue in 2022 was $1,672,489.
Who are the executives of Itasca Life Options and what are their salaries?
The average compensation at Itasca Life Options during 2022 was $9,225. There are 96 employees at Itasca Life Options.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $72,454
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Itasca Life Options?
Itasca Life Options's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Itasca Life Options
Itasca Life Options, as a nonprofit organization, is dedicated to providing day training and habilitation services. Their mission is centered around empowering individuals, specifically 79 clients residing in Itasca County, by offering tailored programs aimed at enhancing their skills and independence. The organization's primary focus is on offering day training services, which are designed to help individuals with various abilities and needs to develop essential life skills and gain a sense of self-sufficiency. By providing these services, Itasca Life Options aims to contribute to a more inclusive and supportive community, where individuals with diverse abilities can thrive and reach their full potential.
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Impact
July, 2024
Itasca Life Options positively impacts the community by providing day training and habilitation services to around 79 clients living in Itasca County. Through its services, Itasca Life Options helps individuals with disabilities in Grand Rapids, MN, to develop skills, gain independence, and improve their quality of life. This organization's mission is centered on providing essential support and opportunities for those in need, contributing to a more inclusive and supportive society.
This information is meant to be a general summary of Itasca Life Options. 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: $1,928
- Program Service Revenue: $1,632,677
- Gross Receipts: $1,672,489
Assets and Liabilities:
- Total Assets: $1,931,692
- Total Liabilities: $236,477
- Net Assets: $1,695,215
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Government Contracts
Revenue
$1,530,292
Chore Workshop Income
Revenue
$42,019
Coffee Shop Income
Revenue
$56,989
Miscellaneous Income
Revenue
$3,377
Organization Details
Founding Year
1965
Phone
(218) 322-6501Principal Officer
Lisa Lassen
Main Address
PO Box 20, Grand Rapids, MN, 55744
NTEE Category
Code: P820 - Human services
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