Lifespan Resources Inc
- Assets
- $173.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 04/1983
- Data as of
- 12/2022
- EIN
- 58-1479860
Organization Overview
Lifespan Resources Inc is located in Atlanta, GA. The organization was established in 1983. According to its NTEE Classification (P81) the organization is classified as: Senior Centers, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifespan Resources 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, Lifespan Resources Inc generated $18.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (39.5%) each year. All expenses for the organization totaled $88.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROVIDING EDUCATIONAL SESSIONS FOR SENIOR ADULTS AND PROVIDING MEALS THROUGH A LUNCH AND LEARN WEEKLY CLASSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Palmiter Exec Director- Former | 30 | $46,771 | |
Hillary Smith Admin | 1 | $4,100 | |
Susan Hills Bookkeeper | 1.5 | $3,362 | |
Rose Haven Instructor | 1 | $800 | |
Donnell Johnson President | 0 | $0 | |
Jeanie Christian Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,734 |
| Total Program Service Revenue | $9,790 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $18,537 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,132 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $38,292 |
| Total expenses | $88,424 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $172,980 |
| Other assets | $0 |
| Total assets | $172,980 |
| Total liabilities | $0 |
| Net assets or fund balances | $172,980 |