Life Coaches

Nonprofit profile at a glance

EIN
411974158
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010
Location
Brooklyn Park, MN, USA
Phone
7634425312
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Delinquency Prevention

Official website

Reported finances

Revenue
$151,709
Expenses
$149,274
Assets
$36,692

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

8 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To end the cycle of father absence by mentoring young people from single parent homes in life skills, character qualities and spirit development. To provide relationships of friendship and mentoring.

What it reported doing in 2010

To equip churches and youth organizations to set up mentoring programs. Life coaches provides the vision, organization training and ongoing support needed to set up effective mentoring to kids from single parent families. Life coaches provided services to 20 partners. Approximately 250 kids were mentored by our partners.

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.1%; rating input score 88
  • Program expense ratio: 89.5%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 1.6%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 0.25; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 88.1% of revenue deployed · 89.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $134K in reported program spending
  • Leadership: top reported pay $60K · 8 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 45/100.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.