Overview
What is Life Impact Inc?
Life Impact Inc, situated in Cheektawaga, New York, is a compassionate nonprofit organization dedicated to alleviating food insecurity. With a mission to serve as the embodiment of kindness, they provide emergency food assistance to low-income families and individuals, extending their reach to chronically homeless veterans, seniors, and disabled clients. Their operations include a weekly drive-thru food distribution and three monthly mobile food pantry distributions to low-income senior facilities and communities with transportation barriers. In total, over 2,800 individuals benefit from their services, demonstrating their commitment to addressing food insecurities within their community. With a modest workforce of three dedicated individuals, Life Impact Inc continues to fulfill its mission to act upon its values and aid those in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (53%)
Life Impact Inc has received a low rating of 53%, which indicates significant concerns in accountability and financial transparency. The organization has a one-star rating, primarily due to a lack of independent oversight on its board, as only 33% of its members are independent, and there is only one independent member in total. Furthermore, critical policies such as conflict of interest, whistleblower, and document retention are absent, which can raise red flags for potential donors regarding governance practices.
On a more positive note, Life Impact Inc demonstrates a strong commitment to its programs, with a program expense ratio of 91.10%, meaning a significant portion of its budget is directed towards its mission-related activities. Additionally, the organization has no material diversion of assets, reflecting responsible management of its resources. However, the absence of its website on tax forms and the posting of essential documents may hinder transparency and public trust.
Overall, while Life Impact Inc shows a strong focus on its programming, serious deficiencies in governance and accountability overshadow its strengths. Potential donors and supporters may want to consider these factors before making contributions or engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Life Impact Inc legitimate?
Life Impact Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Impact 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: $86,805
For more financial information, click here
What is the mission statement of Life Impact Inc?
Life Impact Inc's mission is to embody the actions of compassion, serving as a helping hand to low-income families and individuals in need within their community. Their primary focus is on providing emergency food assistance, reaching out to vulnerable populations such as chronically homeless veterans, seniors, and disabled clients. Their mission statement can be interpreted as putting their words into action, aiming to alleviate immediate food scarcity for those less fortunate. They run a weekly drive-thru food distribution and additional distributions through a mobile food pantry three times a month, reaching over 2,800 individuals in need.
Who is the CEO of Life Impact Inc?
Patricia Marzak is the Treasurer/Se of Life Impact Inc.
What is the revenue of Life Impact Inc?
Life Impact Inc's revenue in 2022 was $465,448.
Who are the executives of Life Impact Inc and what are their salaries?
The average compensation at Life Impact Inc during 2022 was $28,935. There are 3 employees at Life Impact Inc.
Here are 3 key members and their salaries:
- 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 Life Impact Inc?
Life Impact Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life Impact Inc
Life Impact Inc, as an organization, is committed to serving as the embodiment of compassion, actively addressing the pressing needs of low-income families and individuals in their community. Their mission is deeply rooted in their belief in putting actions behind words, and they strive to make a tangible impact in the lives of those who are most in need. Specifically, Life Impact Inc focuses on providing emergency food assistance to individuals and families, extending their reach to chronically homeless veterans, seniors, and disabled clients.
Their efforts are not limited to weekly on-site food distributions. Life Impact Inc also operates a mobile food pantry, making essential provisions three times a month to low-income senior facilities and communities that face transportation barriers. As a result of their initiatives, over 2,800 individuals have benefited from their food pantry services. In essence, Life Impact Inc's mission is to act as the helping hand of Jesus, providing immediate relief for low-income families and individuals in their community, thereby alleviating their food insecurity.
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Impact
July, 2024
Life Impact Inc provides emergency food assistance to low-income families and individuals in Western New York, including chronically homeless veterans, seniors, and disabled clients. Their on-site drive-thru food distribution is open weekly, with additional distributions conducted through a mobile food pantry three times per month to reach low-income senior facilities and communities with transportation barriers. Over 2,800 individuals receive food through the pantry, making a tangible impact on alleviating hunger and food insecurity in the community.
This information is meant to be a general summary of Life Impact 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.
- Gross Receipts: $465,448
Assets and Liabilities:
- Total Assets: $141,021
- Total Liabilities: $1,221
- Net Assets: $139,800
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Organization Details
Founding Year
2019
Principal Officer
Patricia Marzak
Main Address
2145 OLD UNION RD, CHEEKTAWAGA, NY, 14227
NTEE Category
Code: K31 - Food
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