Life Net Community Development Corporation

Nonprofit profile at a glance

EIN
912145891
IRS 990-EZ coverage
2012–2025
Forms available
Form 990-EZ 2025
Location
Riverside, CA, USA
Phone
9516845433
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$26,483
Expenses
$13,735
Assets
$172,770
Liabilities
$65,499

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ROY L BENNETT SR (BOARD PRESIDENT)

People named in this filing

  • RON M GIBSON (BOARD CHAIRMAN)
  • ROY L BENNETT SR (BOARD PRESIDENT)
  • CARLETTA LOFLIN (BOARD SECRETARY)

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

The organization was formed to operate a residential group homes for children ages six to twelve with behavioral disorders and family-related problems. The goal of the program is to have the children reach and maintain a level of behavior which will allow them the opportunity to function productively in society. The program is currently waiting for placements from the state.

What it reported doing in 2025

The organization operation is dedicated to providing education and training in the communitiy and economic development, an to provide social service benefits and support to individuals in need in underserved communities.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 59
  • Transparency & Controls: 82
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 44.1%; rating input score 44
  • Program expense ratio: 85%; rating input score 85

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 48.1%; rating input score 89; 89th percentile among comparable filings
  • Total-asset coverage ratio: 12.58; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0.38; rating input score 9; 9th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 8% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 16.7% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 10.8% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 44.1% of revenue deployed · 85% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $12K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2012 to 2025
  • Contacts: How to reach this organization
  • 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 44/100.
  • High — Sustainability: Liabilities to assets ratio scored 9/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.