Life Net
Nonprofit profile at a glance
- EIN
- 850391877
- IRS 990-EZ coverage
- 2023–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2022
- Location
- Havana, FL, USA
- Phone
- 4062095038
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Natural Resources Conservation and Protection
Reported finances
- Revenue
- $85,201
- Expenses
- $45,628
- Assets
- $191,700
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Anthony Povilitis (President and director)
- Larry Vereen (Vice president and director)
People named in this filing
- Anthony Povilitis (President and director)
- Constance Dustin Becker (Secretary and director)
- Larry Vereen (Vice president and director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Wildlife research, education, conservation
What it reported doing in 2025
Kenya: Scholarships for 22 Maasai students (high school and college) with one local administrator, benefiting 22 local families participating in wildlife research and conservation ($14,157); Giraffe monitoring with 8 local participants ($543); conservation easements for wildlife habitat benefiting local families and the community as a whole ($5,000); Pre-program advance paid expenses for 2026 program for wildlife surveys, involving 20 local and international volunteers ($11,676).
Operating model
- Revenue model
- Donor-supported. 99% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 53% for direct work, and 47% for grants.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 64
- Transparency & Controls: 100
- Sustainability: 80
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.8%; rating input score 49
- Program expense ratio: 90.2%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 46.4%; rating input score 89; 89th percentile among comparable filings
- Total-asset coverage ratio: 4.2; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -25% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: 4.6% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: 10.5% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 48.8% of revenue deployed · 90.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $41K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2023 to 2025
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Financial Efficiency: Mission deployment rate scored 49/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.