Overview
What is Life Line Homes Inc?
Life Line Homes Inc, situated in Raytown, Missouri, functions as a residential care facility or group home. Its primary objective is to serve and support youth in need, embodying the mission of "Ministering to youth in need." The organization offers a nurturing environment and various resources to cater to the needs of these young individuals.
Official website here: www.lifelinehomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Life Line Homes Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This rating reflects a strong commitment to proper financial management, as evidenced by a high program expense ratio of 90.46%, suggesting that the majority of its funds are directed toward its mission. The organization also benefits from a fully independent board, which can enhance governance and decision-making.
Despite these strengths, the organization has some notable gaps in its policies, particularly regarding the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing components may raise concerns about the organization’s transparency and internal controls. However, the management of assets appears sound, with no material diversions reported and a zero liabilities to assets ratio, further demonstrating its financial stability.
Overall, while Life Line Homes Inc shows commendable financial responsibility and an independent governance structure, the lack of certain policies could pose challenges to its operational integrity and stakeholder trust. Addressing these policy gaps could enhance its overall effectiveness and accountability in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Life Line Homes Inc legitimate?
Life Line Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Line Homes 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: $0
For more financial information, click here
Official website here: www.lifelinehomes.org
What is the mission statement of Life Line Homes Inc?
Life Line Homes Inc, as a residential care facility, is dedicated to serving youth in need. Their mission is to provide ministerial support and care, aiming to positively impact the lives of these young individuals. They strive to create an environment conducive to personal growth and development, offering assistance and guidance to help these youth overcome challenges and thrive. The organization's goal is to make a meaningful difference in the lives of those in need, promoting their well-being and fostering their personal growth.
Official website here: www.lifelinehomes.org
Who is the CEO of Life Line Homes Inc?
Bonnie Oscarson is the President of Life Line Homes Inc.
Official website here: www.lifelinehomes.org
What is the revenue of Life Line Homes Inc?
Life Line Homes Inc's revenue in 2023 was $35,350.
Official website here: www.lifelinehomes.org
Who are the executives of Life Line Homes Inc and what are their salaries?
There 9 volunteers at Life Line Homes Inc.
Here are 9 key members and their salaries:
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Official website here: www.lifelinehomes.org
Where can I find the form 990 for Life Line Homes Inc?
Life Line Homes Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lifelinehomes.org
Learn more at the official website: www.lifelinehomes.org
Mission Statement of Life Line Homes Inc
Life Line Homes, a dedicated organization, is committed to serving the needs of at-risk youth. Their mission, in essence, revolves around ministering to these young individuals who are in dire need of support. This residential care facility or group home operates with a compassionate heart, aiming to make a significant impact in the lives of the youth it serves.
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Impact
August, 2024
Life Line Homes Inc's impact is centered around ministering to youth in need. The organization operates as a residential care facility in Raytown, MO, providing a safe and supportive environment for youth facing challenges. Through their mission, they aim to make a positive difference in the lives of young individuals, offering them guidance, care, and resources to help them overcome obstacles and thrive. Life Line Homes Inc plays a crucial role in the community by addressing the needs of at-risk youth and helping them build a better future. Their work contributes to the well-being and development of young people, creating a lasting impact on individuals and the community as a whole.
This information is meant to be a general summary of Life Line Homes 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 2023.
- Investment Income: $35,350
- Gross Receipts: $266,914
Assets and Liabilities:
- Total Assets: $1,057,121
- Total Liabilities: $0
- Net Assets: $1,057,121
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Organization Details
Founding Year
1907
Phone
(816) 213-4082Principal Officer
Bonnie Oscarson
Main Address
7311 HEDGES AVE, RAYTOWN, MO, 641336731
Website
www.lifelinehomes.orgNTEE Category
Code: P73Z - Human services
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