Life Education & Development Inc
- Assets
- $51.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Orono, ME
- Founding
- 03/2010
- Data as of
- 12/2021
- EIN
- 26-2067497
Organization Overview
Life Education & Development Inc is located in Orono, ME. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Education & Development 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 12/2021, Life Education & Development Inc generated $133.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $154.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francine Palmeter Treasurer And Adminisitrator | 20 | $27,707 | |
Douglass Palmeter President And Program Director | 30 | $19,623 | |
Burns Avery Board Of Directors | 1 | $0 | |
Peter Caron Board Of Directors | 0 | $0 | |
Jacob Ramp Board Of Dirsectors | 0 | $0 | |
Sally Kirkpattrick Board Of Directors | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,119 |
| Total Revenue | $133,070 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,875 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,943 |
| Other expenses | $27,750 |
| Total expenses | $154,318 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,435 |
| Other assets | $0 |
| Total assets | $51,435 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,435 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Education & Development Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Permanency Initiative Inc Plymouth, NH | $11,154,700 | $16,308,251 |
Ymca Alliance Of Maine Boothbay Harbor, ME | $858,962 | $3,334,346 |
Hurricane Island Foundation Rockland, ME | $2,589,539 | $2,820,272 |
Timanous Foundation South Portland, ME | $8,529,924 | $2,326,657 |
4 Leaf Lacrosse New England Hooksett, NH | $433,064 | $832,320 |
Tree Street Youth Inc Lewiston, ME | $4,002,831 | $1,476,944 |
Telling Room Portland, ME | $1,008,660 | $915,425 |
Hitters Count Inc Gorham, ME | $178,368 | $628,090 |
Oyster River Youth Association Madbury, NH | $490,758 | $376,563 |
Makin It Happen Coalition For Resilient Youth Inc Manchester, NH | $224,160 | $456,330 |
Apex Youth Connection Biddefrord, ME | $1,123,636 | $568,546 |
Maine Youth Alliance Belfast, ME | $113,521 | $413,922 |