Overview
What is Life Concepts Inc?
Life Concepts Inc, doing business as Quest Inc, is a prominent nonprofit organization based in Florida, specifically in Orlando and Tampa areas. Quest Inc offers residential services tailored to the unique needs of individuals with disabilities, providing housing options and on-site support. In fiscal year 2022, they served 182 people through their programs. Residents are encouraged to engage in educational, healthy, and community-oriented activities, and personal development plans are created for each individual. Quest Inc operates Intermediate Care Facilities (ICFs), offering 24-hour skilled nursing care, necessary therapies, and a supportive system for individuals with severe developmental disabilities. Group homes accommodate individuals with increasing independence, emphasizing skill training and meaningful activities. Transitional and supported living programs allow individuals to live independently in the community with assistance for complex skills. Lastly, independent living at Quest Village offers single-unit apartments and access to on-site and off-site support services. Quest Inc's mission revolves around creating communities where people with disabilities can achieve their goals. Through quality and innovation, they work towards enhancing the lives of their residents, focusing on their unique abilities and individual interests.
Official website here: www.questinc.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Life Concepts Inc has demonstrated exceptional performance in accountability and finance, achieving a high score of 96% on Charity Navigator, which reflects its commitment to transparency and effective management. The organization boasts a fully independent board, with 94% of its members being independent, and has a large board size of 16 independent members, which further enhances its governance.
The organization's financial practices are commendable, with no material diversion of assets and an impressive program expense ratio of 80.42%, indicating that a significant portion of its funding is directed toward its programs rather than administrative costs. The presence of well-structured policies, including conflict of interest and whistleblower policies, showcases its dedication to ethical practices and organizational integrity.
While the data highlights numerous strengths, it is essential for potential donors and stakeholders to continue monitoring the nonprofit's performance and impact in the community. Overall, Life Concepts Inc stands out positively within the nonprofit sector based on its excellent financial health and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Life Concepts Inc legitimate?
Life Concepts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Concepts 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: $599,499
Professional Fundraising Fees: $0
Other Salaries and Wages: $15,263,540
For more financial information, click here
Official website here: www.questinc.org
What is the mission statement of Life Concepts Inc?
Life Concepts Inc DBA Quest Inc, also known as The Quest Team, is dedicated to creating communities where individuals with disabilities can achieve their goals. Through a commitment to quality and innovation, they build communities that cater to the unique needs of each resident.
Quest Residential Services offers individualized housing options and services, accommodating 182 people with disabilities in FY 2022. Residents have opportunities to engage in activities promoting lifelong education, a healthy lifestyle, and personal responsibility. A personal development plan is prepared for each individual in the residential program, taking into account their abilities, goals, and interests.
Quest provides on-site nursing care and trains all staff members in first aid and CPR. They offer various housing options, including Intermediate Care Facilities for individuals with severe and profound developmental disabilities, group homes focusing on increasing independence, and transitional and supported living designed to offer a fulfilling life experience.
At Quest, individuals live in single-unit apartments with on- and off-site support services available as needed. Amenities include common areas with kitchens, game rooms, gyms, and computer stations with Wi-Fi. Outdoor activity areas encourage socialization and offer opportunities for exercise. All common areas are ADA-approved, and specialized ADA units are available for those requiring them.
Official website here: www.questinc.org
Who is the CEO of Life Concepts Inc?
Todd Thrasher is the Chief Executive Officer of Life Concepts Inc. The CEO's salary of Life Concepts Inc is $250,332 and their total compensation is $264,571.
Official website here: www.questinc.org
What is the revenue of Life Concepts Inc?
Life Concepts Inc's revenue in 2022 was $29,913,454.
Official website here: www.questinc.org
Who are the executives of Life Concepts Inc and what are their salaries?
The average compensation at Life Concepts Inc during 2022 was $20,495. There are 774 employees and 143 volunteers at Life Concepts Inc.
Here are 22 key members and their salaries (Life Concepts Inc's CEO's salary is $250,332 and their total compensation is $264,571):
- Compensation: $250,332
- Related: $0
- Other: $14,239
- Compensation: $185,819
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- Other: $9,927
- Compensation: $172,541
- Related: $0
- Other: $10,728
- Compensation: $139,672
- Related: $0
- Other: $3,707
- Compensation: $135,063
- Related: $0
- Other: $9,605
- Compensation: $105,922
- Related: $0
- Other: $2,929
- Compensation: $103,984
- Related: $0
- Other: $10,487
- Compensation: $101,810
- Related: $0
- Other: $10,738
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Official website here: www.questinc.org
Where can I find the form 990 for Life Concepts Inc?
Life Concepts Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.questinc.org
Learn more at the official website: www.questinc.org
Mission Statement of Life Concepts Inc
Life Concepts Inc DBA Quest Inc, a dedicated community builder, is committed to helping people with disabilities achieve their goals. Through a combination of quality and innovation, Quest Inc creates supportive environments where individuals can thrive.
The organization offers a range of residential services tailored to the unique needs of each resident. These services include intermediate care facilities, group homes, transitional and supported living, and independent living. In fiscal year 2022, Quest Inc provided homes for 182 people with disabilities. Residents are encouraged to participate in engaging activities that promote lifelong education, maintain a healthy lifestyle, and foster personal and community responsibility.
At Quest Inc, a personal development plan is created for every individual in the residential program. These plans identify each person's abilities, goals, and interests. The team works closely with residents, their families, and medical providers to coordinate necessary health services. On-site nursing visits and first aid and CPR-trained staff ensure the well-being of all residents.
In intermediate care facilities, individuals with severe and profound developmental disabilities receive 24-hour skilled nursing care, physical, speech, and occupational therapy, and an extensive support system. Group homes offer increased independence through continued skill training and opportunities for meaningful activities. Transitional and supported living programs fulfill the wishes of caring parents and guardians by providing a life rich in experiences and opportunities. Independent living at Quest Village allows residents to live in single-unit apartments and access on- and off-site support services on an as-needed basis.
Quest Inc's mission is to build communities where people with disabilities can achieve their goals and live fulfilling lives. Their commitment to quality and innovation sets the foundation for a future where everyone, regardless of ability, can reach their full potential.
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Impact
October, 2024
Life Concepts Inc significantly impacts communities in Orlando and Tampa by fostering environments where individuals with disabilities can thrive. Through its QUEST Residential Services, the organization provides tailored housing options that cater to the unique needs of each resident, allowing for personal growth and independence.
In the fiscal year 2022, Life Concepts Inc supported 182 residents, offering them opportunities to engage in meaningful activities that promote lifelong education and healthy lifestyles. Each resident benefits from a personalized development plan designed to highlight their strengths, goals, and interests, ensuring that they have a clear path towards achieving their aspirations.
The organization also emphasizes health and wellness by coordinating medical services through on-site nursing and trained staff, prioritizing the physical and emotional well-being of the residents. Programs such as Intermediate Care Facilities, group homes, transitional and supported living, and independent living options create diverse pathways for residents, enabling them to choose the living arrangements that best suit their needs.
Moreover, Life Concepts Inc facilitates community integration, encouraging residents to assume personal and community responsibilities. The diverse amenities available at QUEST Village, including fitness facilities and social spaces, promote interaction and connection among residents, contributing to a vibrant community atmosphere.
Overall, Life Concepts Inc is dedicated to building inclusive communities where individuals with disabilities are empowered to reach their full potential, enhancing not only their lives but also the fabric of the community at large.
This information is meant to be a general summary of Life Concepts 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 2022.
- Investment Income: $666,684
- Program Service Revenue: $21,856,218
- Gross Receipts: $30,159,324
Assets and Liabilities:
- Total Assets: $27,689,362
- Total Liabilities: $7,705,925
- Net Assets: $19,983,437
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTIAL SERVICES
Revenue
$17,729,012
VOCATIONAL SERVICES
Revenue
$1,906,065
QUEST KIDS
Revenue
$1,870,321
OTHER PROGRAM SERVICE REVENUE
Revenue
$222,174
MANAGEMENT FEES
Revenue
$128,646
Organization Details
Founding Year
1980
Phone
(407) 218-4300Principal Officer
Todd Thrasher
Main Address
1509 E COLONIAL DRIVE 300, ORLANDO, FL, 32803
Website
www.questinc.orgNTEE Category
Code: P82Z - Human services
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