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Lyfe Three

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

EIN: 455413081 ✦ Jacksonville, NC ✦ Designated as a 501(c)(3)

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Overview

What is Lyfe Three?

Lyfe Three is a nonprofit organization located at 115 Grantham Ln, Jacksonville, NC 28546. During the 2021-2022 school year, it served 71 students in grades K-12th, with 54 of them attending for 30 days or more. The after-school program ran from 3pm-6pm on days when Craven County schools were in session, and the summer program served 52 students for six weeks. The goal of Lyfe Three is to provide at least 36 weeks of programming for 75 K-12th grade students during the academic year and six additional weeks during summer break. The program offers a minimum of 15 direct student contact hours per week during the academic year and provides ongoing remediation during summer programming to prevent students from losing academic gains and experiencing summer learning loss. Lyfe Three's primary mission is to offer free after-school and mentoring programs for youth in the community. The organization has a staff of 14 individuals dedicated to this cause.


Official website here: www.lyfethree.org

Is Lyfe Three legitimate?

Lyfe Three is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lyfe Three 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: $53,344
Professional Fundraising Fees: $0
Other Salaries and Wages: $151,288

For more financial information, click here


Official website here: www.lyfethree.org

What is the mission statement of Lyfe Three?

Lyfe Three, as an organization, offers free after-school and mentoring programs for youth within the community. Their primary mission during the 2021-2022 academic year served 71 students in grades K-12th, with 54 of them attending for at least 30 days. The after-school program was held Monday through Friday, from 3 PM to 6 PM, aligning with the school schedule in Craven County. During the summer, the program catered to 52 students, running for six weeks from June 19 to July 29, 2022. The Lyfe Three program aims to provide at least 36 weeks of programming during the academic year and an additional six weeks during the summer break. The program offers a minimum of 15 direct student contact hours per week, while the summer program operates from 8:30 AM to 4:30 PM, providing ongoing remediation to prevent students from losing their academic year gains and experiencing summer learning loss.


Official website here: www.lyfethree.org

Who is the CEO of Lyfe Three?

Lawrence Dean Ii is the President of Lyfe Three.


Official website here: www.lyfethree.org

What is the revenue of Lyfe Three?

Lyfe Three's revenue in 2022 was $421,177.


Official website here: www.lyfethree.org

Who are the executives of Lyfe Three and what are their salaries?

The average compensation at Lyfe Three during 2022 was $14,617. There are 14 employees at Lyfe Three.


Here are 4 key members and their salaries:


Monique Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Powell (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Dean Ii (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tammie Dean (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lyfethree.org

Where can I find the form 990 for Lyfe Three?

Lyfe Three's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lyfethree.org

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

Mission Statement of Lyfe Three

Lyfe Three, a nonprofit organization, is committed to making a positive impact in the community by offering free after-school programs and mentoring for youth. During the 2021-2022 academic year, Lyfe Three served 71 students from grades K to 12th, with 54 of them attending for at least 30 days. The after-school program was held from 3 pm to 6 pm on school days. In addition, the organization hosted a summer program for 52 students, running for six weeks.

Lyfe Three's mission extends beyond the school year, aiming to provide a minimum of 36 weeks of programming for 75 students during the academic calendar and an additional 6 weeks during the summer break. The program offers a minimum of 15 direct student contact hours per week, ensuring a significant engagement with the students. During the summer, the program operates from 8:30 am to 4:30 pm, providing ongoing remediation to prevent students from losing the gains made during the academic year and experiencing summer learning loss.

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Impact




October, 2024

Lyfe Three significantly impacts the community by providing essential after-school and mentoring programs aimed at youth development. During the 2021-2022 school year, the organization served 71 students from grades K-12, with over 76% of those students participating in the program for 30 days or more. This commitment to consistent engagement demonstrates Lyfe Three’s role in fostering academic growth and social development among its participants.

The structured after-school program operates on weekdays from 3 PM to 6 PM, aligning with the Craven County Schools calendar. Additionally, Lyfe Three extends its reach through a comprehensive summer program that spans six weeks and serves 52 students, thereby addressing the critical issue of summer learning loss. By dedicating a minimum of 36 weeks of programming throughout the academic year and additional hours during summer sessions, Lyfe Three effectively supports students' continuous learning and remediation needs.

With a focus on providing a safe and enriching environment, Lyfe Three not only encourages academic achievement but also fosters social connections and personal growth among youth in the Jacksonville, NC community. The organization's commitment to accessibility through free programming ensures that all students, regardless of their background, have the opportunity to thrive and succeed.




This information is meant to be a general summary of Lyfe Three. 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
$421,177 (2022)
Expenses
$389,935 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $421,177

Assets and Liabilities:

  • Total Assets: $36,730
  • Total Liabilities: $15,383
  • Net Assets: $21,347

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Organization Details

Founding Year

2021

Principal Officer

Lawrence Dean Ii

Main Address

115 GRANTHAM LN, JACKSONVILLE, NC, 28546

NTEE Category

Code: O50 - Youth development

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