Overview
What is Life Deeds Inc?
Life Deeds Inc, based in Washington D.C., is a dedicated nonprofit organization that strives to support at-risk youth. Situated at 4013 Gault Place NE, their mission is to offer comprehensive, high-quality services to runaway, homeless, abused, neglected, and vulnerable young individuals. They achieve this by providing residential facilities for these youth, aiming to provide a safe and nurturing environment for their growth and development. Life Deeds Inc's commitment extends beyond shelter, with a focus on empowering these young people to overcome their challenges and rebuild their lives.
What are the reviews and ratings of this charity?
Charity Navigator rating: One-Star out of Four Stars (51%)
Life Deeds Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization's overall score of 51% reflects a lack of independent board members, which can impact governance and oversight. While some policies, such as conflict of interest and whistleblower protections, are in place, the absence of independent oversight raises questions about the effectiveness of its leadership.
On the positive side, Life Deeds Inc demonstrates strong program expense ratios, indicating that a large percentage of its budget is allocated directly to its programs. This suggests a commitment to its mission, as most funds appear to be directed toward fulfilling its charitable objectives. However, the financial health of the organization is questionable, with high liabilities compared to assets and inadequate financial statement review practices.
In summary, while Life Deeds Inc shows promise in program spending, its governance issues and financial management raise red flags for potential donors and supporters. Improving board independence and financial transparency could enhance its credibility and effectiveness in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Life Deeds Inc legitimate?
Life Deeds Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Deeds 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: $1,312,569
For more financial information, click here
What is the mission statement of Life Deeds Inc?
Life Deeds Inc's mission is centered around providing comprehensive and high-quality services to at-risk youth who are runaways, homeless, abused, neglected, or committed. The organization achieves this mission by offering residential facilities where these youth can live independently. Life Deeds Inc's services aim to empower and support these young individuals, providing them with a safe and nurturing environment to overcome their challenges and begin rebuilding their lives.
Who is the CEO of Life Deeds Inc?
Allieu Kamara is the President Ceo of Life Deeds Inc. The CEO's salary of Life Deeds Inc is $0 and their total compensation is $0.
What is the revenue of Life Deeds Inc?
Life Deeds Inc's revenue in 2022 was $2,071,463.
Who are the executives of Life Deeds Inc and what are their salaries?
There 5 volunteers at Life Deeds Inc.
Here are 4 key members and their salaries (Life Deeds Inc's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- 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 Life Deeds Inc?
Life Deeds Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Life Deeds Inc
Life Deeds Inc is committed to providing comprehensive, high-quality services to runaway, homeless, and at-risk youth who have experienced abuse, neglect, or are otherwise in need. Their mission is accomplished by operating a residential facility where these young individuals can find a safe and supportive living environment. The organization's goal is to help these youth rebuild their lives by providing them with the necessary resources and support they need to overcome the challenges they face. Life Deeds Inc aims to empower these young people and give them the tools they need to thrive and achieve their full potential. By offering a range of services, including housing, Life Deeds Inc strives to provide a positive and transformative experience for each young person who comes through their doors.
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Impact
July, 2024
Life Deeds Inc provides comprehensive and quality services to runaway, homeless, abused, neglected, and at-risk youth. By operating an independent living facility for these vulnerable young individuals in Washington, DC, Life Deeds Inc is able to offer housing and support to help them transition to a more stable and hopeful future. The impact of Life Deeds Inc is evident in the positive changes it brings to the lives of these youth, empowering them to overcome their challenges and build a better tomorrow.
This information is meant to be a general summary of Life Deeds 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.
- Program Service Revenue: $2,071,463
- Gross Receipts: $2,071,463
Assets and Liabilities:
- Total Assets: $2,071,463
- Total Liabilities: $1,577,596
- Net Assets: $493,867
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INDEPENDENT GROUP
Revenue
$2,071,463
Organization Details
Founding Year
2010
Principal Officer
Allieu Kamara
Main Address
4013 GAULT PLACE NE, WASHINGTON, DC, 20019
NTEE Category
Code: P73 - Human services
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