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Steady For Life Inc

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

EIN: 464394432 ✦ Huntsville, AL ✦ Designated as a 501(c)(3)

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Overview

What is Steady For Life Inc?

Steady For Life Inc, located at 990 Gilstead Circle, Huntsville, AL 35802, is a nonprofit organization dedicated to fostering balanced and confident aging. They offer weekly exercise classes catering to various skill levels, from beginner to advanced, including yoga and tai chi. The primary mission of Steady For Life Inc is to enhance physical health by improving strength, balance, and flexibility, thereby reducing the risk of falls. Additionally, they promote socialization, contributing to overall well-being in mind and spirit. This organization aims to empower seniors to embrace aging with confidence and vitality.


Official website here: www.steadyforlife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Stars

Steady For Life Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The charity's overall score is derived entirely from its accountability and finance beacon, showcasing its commitment to responsible fiscal practices and transparency. A significant strength of the organization is its governance, with a board composed solely of independent members, which enhances its operational integrity.

The charity has also demonstrated exemplary financial management, evidenced by a program expense ratio of 96.26%, meaning that the vast majority of its expenses directly support its mission-related activities. Additionally, the organization maintains a low liabilities to assets ratio of 7.38%, reflecting its strong financial position. Policies such as conflict of interest, whistleblower protections, and document retention are well-documented, further underscoring its commitment to ethical practices.

While Steady For Life Inc does not have noted weaknesses in its operational structure or financial performance, the continuous monitoring of its practices will be essential for maintaining its high standards. Overall, the organization’s solid governance and financial health position it favorably within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Steady For Life Inc legitimate?

Steady For Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Steady 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,300

For more financial information, click here


Official website here: www.steadyforlife.org

What is the mission statement of Steady For Life Inc?

Steady For Life Inc's mission is focused on creating an environment that fosters balanced and healthy aging for individuals, encompassing both physical and mental well-being, as well as spiritual growth. The organization sets specific health objectives, including enhancing strength and balance, increasing flexibility, reducing the risk of falling, and promoting socialization. To achieve these goals, Steady For Life Inc offers a variety of weekly classes, ranging from beginner to advanced levels, including exercises like yoga and tai chi.


Official website here: www.steadyforlife.org

Who is the CEO of Steady For Life Inc?

Laura Rau is the President of Steady For Life Inc.


Official website here: www.steadyforlife.org

What is the revenue of Steady For Life Inc?

Steady For Life Inc's revenue in 2022 was $456,682.


Official website here: www.steadyforlife.org

Who are the executives of Steady For Life Inc and what are their salaries?

The average compensation at Steady For Life Inc during 2022 was $28,300. There is 1 employee at Steady For Life Inc.


Here are 12 key members and their salaries:


Kathie Barnett (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Georgi Bragg (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Heard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Jackson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Liles (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharron Pate (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laura Rau (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glen Sanders (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Freddia Scott (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Tyriver (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Wilke (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.steadyforlife.org

Where can I find the form 990 for Steady For Life Inc?

Steady For Life Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.steadyforlife.org

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

Mission Statement of Steady For Life Inc

Steady For Life Inc is dedicated to establishing an environment that encourages balanced and healthy aging, encompassing both physical and mental well-being. Their primary objectives for health improvement include enhancing strength and balance, increasing flexibility, reducing the risk of falling, and promoting socialization. By offering weekly classes ranging from beginner to advanced levels, including yoga and tai chi, Steady For Life Inc provides seniors with opportunities to engage in exercises tailored to their needs, thereby fostering confident and healthy aging.

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Impact




July, 2024

Steady For Life Inc's impact is significant in fostering confident and healthy aging in body, mind, and spirit among seniors. By providing a supportive environment focused on improving strength, balance, flexibility, and reducing the risk of falling, this organization plays a crucial role in enhancing the overall well-being of older adults. The weekly classes offered, ranging from beginner to advanced levels in balance and exercise, as well as yoga and tai chi, promote socialization and physical health. Through its dedicated mission, Steady For Life Inc empowers seniors to lead active and fulfilling lives, emphasizing the importance of holistic wellness in the aging process.




This information is meant to be a general summary of Steady 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.

Revenue
$456,682 (2022)
Expenses
$431,510 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24
  • Program Service Revenue: $446,215
  • Gross Receipts: $462,860

Assets and Liabilities:

  • Total Assets: $134,150
  • Total Liabilities: $9,906
  • Net Assets: $124,244

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

VARIOUS

Revenue

$446,215

Organization Details

Principal Officer

Laura Rau

Main Address

990 GILSTEAD CIRCLE, HUNTSVILLE, AL, 35802

NTEE Category

Code: P80 - Human services

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