Lifeties Inc
- Assets
- $0.0
- Revenue
- $765.3k
- Investments
- $0.0
- Employees
- 55
- Location
- Camden, NJ
- Founding
- 04/1985
- Data as of
- 12/2022
- EIN
- 22-2417627
Organization Overview
Lifeties Inc is located in Camden, NJ. The organization was established in 1985. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2022, Lifeties Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifeties Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lifeties Inc generated $765.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.8%) each year. All expenses for the organization totaled $936.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
NURTURING WELLNESS AND SELF-SUFFICIENCY IN VULNERABLE YOUTH , YOUNG ADULTS AND THEIR FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRIAD HOUSE - TRIAD HOUSE IS A 24-HOUR RESIDENTIAL GROUP HOME FOR YOUTH AGES 16-21. THIS IS A LGBTQ+ FRIENDLY HOME. YOUTH ARE PROVIDED WITH LIFE SKILLS TRAINING, MEDICAL SUPPORT, EDUCATIONAL SUPPORT AND ADVOCACY, MENTAL HEALTH SERVICES, CAREER SERVICES, AND RECREATIONAL ACTIVITIES. MANY OF THE YOUTH ARE VICTIMS OF ABUSE AND/OR NEGLECT.
TRANSITIONAL HOUSING/RAPID RE-HOUSING (TH/RRH) - IS A SUPPORTIVE HOUSING PROGRAM FOR HOMELESS YOUNG ADULTS AGES 18-24 FROM MERCER COUNTY NJ. WE HAVE TARGETED SINGLE UNACCOMPANIED YOUNG ADULTS AND ALSO PREGNANT AND PARENTING YOUNG ADULTS AND THEIR CHILDREN. THE GOAL OF THIS PROGRAM IS TO PROVIDE SAFE HOUSING FOR THE YOUNG ADULTS RENTAL ASSISTANCE AND WRAP-AROUND SUPPORTIVE SERVICES TO ASSIST THEM IN BECOMING SELF-SUFFICIENT AND WORKING TOWARDS STABLE AND PERMANENT HOUSING.
LGBTQ PROGRAMS - OUR YOUTH AND FAMILY PRIDE CENTER PROVIDES AN ARRAY OF SERVICES FOR YOUTH IDENTIFIED AS LGBTQ+ AS WELL AS SUPPORT FOR FAMILIES OF LGBTQ+ YOUTH. OUR EXPERIENCED STAFF TAKE REFERRALS FROM SCHOOLS AND OTHER SOCIAL SERVICE PROVIDERS WORKING WITH YOUTH WHO ARE STRUGGLING WITH MENTAL HEALTH CHALLENGES, BULLYING, ACCEPTANCE AND IN NEED OF SUPPORT. YOUTH AND THEIR FAMILIES ARE PROVIDED COUNSELING, SUPPORT AND MENTORING SERVICES THROUGH THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Baugh Trustee | Trustee | 1 | $0 |
Richard Catenacci Trustee | Trustee | 1 | $0 |
Kristen Elder Treasurer | OfficerTrustee | 2 | $0 |
Maureen Kushmore Secretary | OfficerTrustee | 1 | $0 |
Dominique Carroll Trustee | Trustee | 0 | $0 |
Jeffrey Albert Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $394,165 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,199 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $437,364 |
| Total Program Service Revenue | $327,824 |
| Investment income | $116 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $765,304 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $458,270 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,074 |
| Payroll taxes | $48,938 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $161,236 |
| Advertising and promotion | $2,523 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,348 |
| Travel | $6,128 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,623 |
| Interest | $6,145 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $10,763 |
| Insurance | $23,177 |
| All other expenses | $23,865 |
| Total functional expenses | $936,855 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,533 |
| Savings and temporary cash investments | $180,796 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $272,017 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $232,491 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$820,837 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $36,238 |
| Grants payable | $0 |
| Deferred revenue | $94,962 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $311,362 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | -$829,515 |
| Total liabilities | -$386,953 |
| Net assets without donor restrictions | $337,383 |
| Net assets with donor restrictions | $49,570 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |