Lifesmart Education
Nonprofit profile at a glance
- EIN
- 273013403
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Grove City, OH, USA
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Promotion of International Understanding
Reported finances
- Revenue
- $129,001
- Expenses
- $116,877
- Assets
- $17,912
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Jason D Morgan (President)
People named in this filing
- Patricia Demetriou (Founder)
- Jason D Morgan (President)
- JD Johnson (Vice Chair)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
We develop life skills educational programs for under-resourced youth that expand their potential, providing them with the tools that encourage their self-confidence and make a positive impact in their communities.
What it reported doing in 2024
LifeSmart Scholarship offers these students an opportunity to develop into active, globally oriented thinkers who are ready to make an impact. As an open, accessible academic community, LifeSmart Education supports high school and middle school students in achieving their potential.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 81% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.4%; rating input score 87
- Program expense ratio: 96.5%; rating input score 96
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 9.4%; rating input score 57; 57th percentile among comparable filings
- Total-asset coverage ratio: 0.15; rating input score 15; 15th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 13.9%; rating input score 19; 19th percentile among comparable filings
Growth
- Program expense growth: 72.9% per year; rating input score 100; 95th percentile among comparable filings
- Revenue growth: 37.1% per year; rating input score 100; 93rd percentile among comparable filings
- Asset growth: 38% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 87.4% of revenue deployed · 96.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $113K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- 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.
- High — Sustainability: Total-asset coverage ratio scored 15/100.
- Review — Sustainability: Operating margin scored 57/100.
- High — Sustainability: Officer compensation ratio scored 19/100.