Overview
What is Life Of North Carolina?
Life of North Carolina is a nonprofit organization headquartered in Greenville, North Carolina. Their primary focus is to promote health and wellness, as well as intellectual and spiritual development. Despite facing funding challenges during the COVID-19 period, they made a strategic decision to relocate, resulting in a significant reduction in lease expenses by 62%. Two of their grants were concluded without any audit exceptions. The organization, which employs approximately 30 individuals, has not been dissolved as of the provided information.
Is Life Of North Carolina legitimate?
Life Of North Carolina is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Of North Carolina 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:
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Other Salaries and Wages: $243,492
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What is the mission statement of Life Of North Carolina?
Life of North Carolina, as outlined in its mission description, aims to promote health and wellness while fostering intellectual and spiritual growth. The organization's mission is to facilitate this objective, striving to contribute positively to the overall development of individuals. Unfortunately, due to funding challenges in the COVID-19 environment, Life of North Carolina had to cease operations on August 31, 2020. Prior to its dissolution, the organization made a strategic move to a new location, reducing its lease expense by 62%. Additionally, it closed two grants with no audit exceptions.
Who is the CEO of Life Of North Carolina?
Joyce Jones is the Principal Officer of Life Of North Carolina.
What is the revenue of Life Of North Carolina?
Life Of North Carolina's revenue in 2020 was $489,940.
Who are the executives of Life Of North Carolina and what are their salaries?
The average compensation at Life Of North Carolina during 2020 was $8,116. There are 30 employees and 10 volunteers at Life Of North Carolina.
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Where can I find the form 990 for Life Of North Carolina?
Life Of North Carolina's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Life Of North Carolina
Life of North Carolina, as a nonprofit organization, was dedicated to promoting the enhancement of health, wellness, intellectual development, and spiritual growth. The mission of this organization was to foster these aspects in individuals, aiming to improve their overall quality of life. Despite facing funding challenges in the context of the COVID-19 environment, the organization made significant strides in its operations, moving to a new location that reduced its lease expenses by 62%. Despite dissolving its operations on August 31, 2020, Life of North Carolina had managed to close two grants without any audit exceptions, demonstrating its commitment to financial responsibility and accountability.
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Impact
October, 2024
Life Of North Carolina had a significant impact on enhancing health and wellness, as well as fostering intellectual and spiritual development within the community. Despite facing financial challenges, particularly during the COVID-19 pandemic that led to the organization's dissolution on August 31, 2020, it managed to operate effectively until that point. The decision to relocate to a new facility successfully reduced lease expenses by 62%, demonstrating a commitment to financial sustainability even in tough circumstances. The organization also completed two grant projects without any audit exceptions, indicating a high standard of accountability and effective resource management. Ultimately, its efforts contributed to the overall wellbeing of individuals and the community in Greenville, NC, through programs that promoted personal growth and employment opportunities.
This information is meant to be a general summary of Life Of North Carolina. 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 2020.
- Gross Receipts: $489,940
Assets and Liabilities:
- Total Assets: $58,463
- Total Liabilities: $61,359
- Net Assets: -$2,896
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Organization Details
Founding Year
1999
Phone
(252) 752-9774Principal Officer
Joyce Jones
Main Address
PO Box 30733, Greenville, NC, 278330733
NTEE Category
Code: J20 - Employment
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