Overview
What is Simple Life Inc?
Simple Life Inc, located in Sioux City, Iowa, serves as a dedicated nonprofit organization. With a team of 26 employees, their primary focus is on providing training and education for individuals who are developmentally disadvantaged. This mission is central to their activity and mission descriptions, emphasizing their commitment to this cause. The organization's location at 400 S Martha St, Sioux City, IA, 51105, underscores their service within the community. Despite the absence of specific program details, it is evident that Simple Life Inc is dedicated to empowering and enriching the lives of those it serves.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78%, Three-Star out of Four Star rating. This rating reflects a solid performance in the area of Accountability & Finance, indicating that Simple Life Inc has a strong commitment to maintaining transparency and proper financial practices. The charity achieved a perfect score in several categories, including the independence of board members and the documentation of board meeting minutes, which suggests a well-governed organization.
Strengths of Simple Life Inc include a fully independent board, which demonstrates a commitment to unbiased decision-making and governance. The charity also shows excellent financial management, with a high program expense ratio of 84.37%, indicating that most of its expenditures are directed towards its mission-related activities. The organization has effectively avoided any material diversions of assets, which is a positive indicator of its integrity.
On the other hand, the charity has a liabilities to assets ratio of 55.64%, which may suggest that it has a relatively high level of liabilities compared to its assets. Although this is not uncommon for nonprofits, it may be worth monitoring for long-term sustainability. Overall, Simple Life Inc presents itself as a responsible organization with a strong focus on accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Simple Life Inc legitimate?
Simple Life Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simple 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: $497,962
For more financial information, click here
What is the mission statement of Simple Life Inc?
Simple Life Inc's mission is centered around providing training and education for individuals who are developmentally disadvantaged. The organization strives to empower these individuals by offering educational programs designed to enhance their skills and capabilities. By doing so, Simple Life Inc aims to contribute to their overall development and improve their quality of life. The organization's activities are primarily focused on this mission, working towards a more inclusive and supportive society for individuals with developmental challenges.
Who is the CEO of Simple Life Inc?
Sheri Porter is the Executive Director of Simple Life Inc.
What is the revenue of Simple Life Inc?
Simple Life Inc's revenue in 2021 was $830,474.
Who are the executives of Simple Life Inc and what are their salaries?
The average compensation at Simple Life Inc during 2021 was $19,152. There are 26 employees at Simple Life Inc.
Here are 5 key members and their salaries:
- Compensation: $131,721
- Related: $0
- Other: $0
- Compensation: $35,568
- 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 Simple Life Inc?
Simple Life Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Simple Life Inc
Simple Life Inc, as a nonprofit organization, is dedicated to providing training and education for individuals who are developmentally disadvantaged. Their mission is centered around empowering these individuals, helping them to overcome their challenges and reach their full potential. The organization's primary focus is on delivering educational programs and resources, tailored to meet the unique needs of each individual. By providing this training, Simple Life Inc aims to equip these individuals with the skills and knowledge necessary to lead fulfilling and independent lives. The organization's commitment to this mission is evident in its unwavering dedication to the cause, ensuring that everyone who requires its services has access to the best possible resources and support.
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Impact
July, 2024
Simple Life Inc's impact can be seen in the positive transformation it brings to developmentally disadvantaged individuals through specialized training and education programs. By providing these individuals with essential skills and support, Simple Life Inc empowers them to reach their full potential and contribute meaningfully to society. This organization plays a crucial role in enhancing the quality of life for a marginalized population, fostering inclusivity, and promoting equal opportunities for all individuals, regardless of their developmental challenges. Through its dedication to training and education, Simple Life Inc is making a tangible difference in the lives of those it serves, helping them lead more independent and fulfilling lives.
This information is meant to be a general summary of Simple 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 2021.
- Program Service Revenue: $731,846
- Gross Receipts: $830,755
Assets and Liabilities:
- Total Assets: $473,944
- Total Liabilities: $263,747
- Net Assets: $210,197
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$731,846
Organization Details
Founding Year
2015
Principal Officer
Sheri Porter
Main Address
400 S MARTHA ST, Sioux City, IA, 51105
NTEE Category
Code: P80 - Human services
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