LifeStream Services Inc
Nonprofit profile at a glance
- EIN
- 351356741
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Yorktown, IN, USA
- Phone
- 7657591121
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Senior Centers
Reported finances
- Revenue
- $15,483,301
- Expenses
- $15,263,656
- Assets
- $7,257,395
- Liabilities
- $1,817,772
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Carrissa Kirkpatrick (Vice President of Finance)
- Jennifer Hamilton (President/CEO)
- Amanda Williams (Vice President of Programs)
Highest reported compensation
- Jennifer Hamilton (President/CEO): $166,236 total reported compensation
- Carrissa Kirkpatrick (Vice President of Finance): $160,016 total reported compensation
- Amanda Williams (Vice President of Programs): $130,370 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Provide the right information, resources, and support for improving quality of life and maintaining independence for older adults, those with disabilities, and caregivers.
What it reported doing in 2024
LifeStream is the rural public transit provider for five counties in East Central Indiana and operates senior transportation in two additional counties. LifeStream operates 17 wheelchair accessible vehicles daily to riders ranging from age 3 to 97. LifeStream provided 43,893 trips for 827 riders between July 1, 2024 and June 30, 2025. Other client services, such as caregiver supports, evidence-based wellness classes, pre-admission screening and resident review for nursing home, adult guardianship, and volunteer opportunities are provided by the organization.
Operating model
- Revenue model
- Grant-funded. 70% of the money available for current operations came from government grants.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 84
- Accountability: 100
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.3%; rating input score 88
- Program expense ratio: 89.5%; rating input score 89
- Fundraising efficiency: $162.52 raised per $1 spent on fundraising; rating input score 89; 89th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- 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; 66th percentile among comparable filings
- Governance controls: 8 of 8 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- 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: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 1.4%; rating input score 40; 40th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 14; 14th percentile among comparable filings
- Liabilities to assets ratio: 0.25; rating input score 52; 52nd percentile among comparable filings
- Officer compensation ratio: 3%; rating input score 68; 68th percentile among comparable filings
Growth
- Program expense growth: 8.9% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 7% per year; rating input score 100; 59th percentile among comparable filings
- Asset growth: 9.5% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 88.3% of revenue deployed · 89.5% of spending went to programs
- Governance: 10 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $13.7M in reported program spending
- Leadership: top reported pay $166K · 13 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.4M reported
- Consistency: 34 of 34 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- 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 — Sustainability: Operating margin scored 40/100.
- High — Sustainability: Total-asset coverage ratio scored 14/100.
- Review — Sustainability: Liabilities to assets ratio scored 52/100.