Lifecraft Foundation

Nonprofit profile at a glance

EIN
874651332
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Front Royal, VA, USA
Phone
3018320159
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Adult, Continuing Education

Official website

Reported finances

Revenue
$245,234
Expenses
$119,082
Assets
$273,603
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • JOHN CUDDEBACK (PRESIDENT AND CHAIRMAN OF THE BOARD)

Highest reported compensation

  • JOHN CUDDEBACK (PRESIDENT AND CHAIRMAN OF THE BOARD): $45,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lifecraft's mission is to make a timeless wisdom accessible today, to empower people to craft a truly human life, beginning at home. The main means of achieving this is providing educational content online in written, audio and video formats.

What it reported doing in 2024

We significantly expanded our online educational program through launching a podcast in march of 2024. With over 18k downloads and listeners in 51 countries, "the intentional household" podcast is already in the top 15% of all podcasts. The website had 167,771 unique visitors and 263,623 individual views. Social media engagement included the production and dissemination of videos at youtube channel, instagram, and facebook, as well as promotion here of written content from the website. In 2024 we went from 1,500 to 2,160 in youtube followers and from 2,350 to 4,200 instagram followers. Our online courses and meetings reached approximately 5,000 people at the podia platform; in 2024 we went from 4,600 to 5,080 members. On-demand courses are always available to members at podia; live online courses continue to serve a select group.

Operating model

Revenue model
Donor-supported. 95% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 86% 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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 54
  • Transparency & Controls: 94
  • Accountability: 74
  • Sustainability: 72
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 39.4%; rating input score 39
  • Program expense ratio: 76%; rating input score 76
  • Fundraising efficiency: $20.71 raised per $1 spent on fundraising; rating input score 59; 59th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 80th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 51.4%; rating input score 92; 92nd percentile among comparable filings
  • Total-asset coverage ratio: 2.3; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 37.8%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 26.6% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 49.3% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 39.4% of revenue deployed · 76% of spending went to programs
  • Governance: 3 of 3 board members independent · 3 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $90K in reported program spending
  • Leadership: top reported pay $45K · 3 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 5 filed schedules · includes major donors and grants
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 39/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.