Lifelong Skills Foundation Inc

Nonprofit profile at a glance

EIN
472067153
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-T 2024, Form 990-N 2014
Location
Salt Lake City, UT, USA
Phone
8015608470
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Autism

Reported finances

Revenue
$12,145
Expenses
$35,089
Assets
$2,379,315
Liabilities
$5,894

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

Leadership & pay

3 people listed

Executive titles in this filing

  • SHERLENE T DEAN (PRESIDENT)

People named in this filing

  • SHERLENE T DEAN (PRESIDENT)
  • JAMES S DEAN (SECRETARY/TREASURER)
  • RICHARD TODD CLARK (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Lifelong skills foundation inc. Is a non-profit raising money for organizations and medical clinics that provide services for families and individuals that have behavioral disorders.

What it reported doing in 2024

Lifelong skills foundation inc. Is a non-profit raising money for organizations and medical clinics that provide services for families and individuals that have behavioral disorders. Lifelong skills will be donating funds annually to these organizations and/or 501(c)(3) organizations that treat these types of behaviors, provide therapy and testing to those on the spectrum.

Operating model

Revenue model
Donor-supported. 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 92
  • Accountability: 88
  • Sustainability: 44
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 37.1%; rating input score 37
  • Fundraising efficiency: $40.77 raised per $1 spent on fundraising; rating input score 79; 79th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • 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: -188.9%; rating input score 13; 13th percentile among comparable filings
  • Total-asset coverage ratio: 67.81; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 60; 60th percentile among comparable filings

Growth

  • Program expense growth: -7.1% per year; rating input score 0; 34th percentile among comparable filings
  • Revenue growth: -7.1% per year; rating input score 0; 38th percentile among comparable filings
  • Asset growth: 18.9% per year; rating input score 100; 90th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 37.1% of spending went to programs
  • Governance: 3 of 3 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $13K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 14 of 14 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 9 filing years from 2015 to 2024
  • 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: Program expense ratio scored 37/100.
  • High — Sustainability: Operating margin scored 13/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.