Overview
What is Lessons For Life Inc?
Lessons For Life Inc is a nonprofit organization, dedicated to serving both youth and adults, with a focus on charitable and educational endeavors. The organization's mission is to contribute positively to these two groups, drawing on the dual aspects of charity and education to make a difference. While specific details about their activities or programs are not provided, the organization's commitment to charitable and educational pursuits for youth and adults is clear.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, 73%, Two-Star out of Four Stars
Lessons For Life Inc has received a rating of "Needs Improvement" from Charity Navigator, with an overall score of 73%. This rating indicates that while the organization demonstrates some strengths in governance and financial management, there are significant areas requiring attention, particularly in transparency and policy implementation.
The nonprofit boasts a fully independent board of directors, with 100% of its members classified as independent, showcasing strong governance practices. Additionally, the organization maintains a commendable program expense ratio, allocating 100% of its expenses directly to its programs. This indicates a strong commitment to its mission and effective use of funds for intended purposes.
However, critical weaknesses have been identified in the areas of transparency and policy compliance. The organization lacks essential policies such as conflict of interest, whistleblower, and document retention policies, which are crucial for accountability. Furthermore, important documentation, including the nonprofit's website and tax forms, are missing from publicly accessible resources, which raises concerns about overall transparency as highlighted by the low scores in these categories.
This AI summary has been generated from information found on Charity Navigator.
Is Lessons For Life Inc legitimate?
Lessons For Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lessons For Life 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: $82,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Lessons For Life Inc?
Lessons For Life Inc is a non-profit organization with a mission centered around charitable and educational pursuits, primarily benefiting youth and adults. The corporation is dedicated to operating for these specific purposes, maintaining a focus on both charitable and educational aspects. While the information provided does not delve into the specifics of their activities or objectives, it is clear that Lessons For Life Inc is committed to making a positive impact in the lives of young people and adults through charitable and educational initiatives.
Who is the CEO of Lessons For Life Inc?
Alexis Ware is the Executive Director of Lessons For Life Inc.
What is the revenue of Lessons For Life Inc?
Lessons For Life Inc's revenue in 2022 was $176,570.
Who are the executives of Lessons For Life Inc and what are their salaries?
The average compensation at Lessons For Life Inc during 2022 was $82,580. There is 1 employee at Lessons For Life Inc.
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Where can I find the form 990 for Lessons For Life Inc?
Lessons For Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lessons For Life Inc
Lessons For Life Inc is a nonprofit organization dedicated to serving both youth and adults with charitable and educational purposes. The corporation's mission is focused on providing aid and education to these groups, ensuring their overall growth and development. Through its charitable and educational endeavors, Lessons For Life Inc seeks to make a positive impact on the lives of the individuals it serves.
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Impact
October, 2024
Lessons For Life Inc significantly impacts the community by focusing on charitable and educational initiatives designed to empower youth and adults. By providing resources and programs tailored to foster personal growth and development, the organization addresses vital community needs. It plays a crucial role in enhancing the educational landscape and supporting individuals in achieving their potential, leading to improved social and economic outcomes for participants in Little Rock, AR. Through its dedication to human services, Lessons For Life Inc promotes a culture of learning and support, creating a positive ripple effect throughout the community.
This information is meant to be a general summary of Lessons For Life 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: $5
- Program Service Revenue: $30,000
- Gross Receipts: $176,721
Assets and Liabilities:
- Total Assets: $129,346
- Total Liabilities: $5,148
- Net Assets: $124,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MENTORING
Revenue
$30,000
Organization Details
Founding Year
2011
Principal Officer
Alexis Ware
Main Address
4 RIDGE OAK COVE, LITTLE ROCK, AR, 72223
NTEE Category
Code: P20 - Human services
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