Live Center Residential Inc

Nonprofit profile at a glance

EIN
460372193
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Lemmon, SD, USA
Phone
6053745963
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$61,622
Expenses
$39,151
Assets
$59,701
Liabilities
$26,185

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Tim Kvale (President)
  • Michael Van Beek (Vice President)

People named in this filing

  • Tim Kvale (President)
  • Michael Van Beek (Vice President)
  • Deloris Wells (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-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide housing for the hadicapped through HUD funding

What it reported doing in 2025

Provide housing for a 7 unit congregate housing project forthe developmentally disabled

Operating model

Revenue model
Donor-supported. 65% 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 total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 71
  • Transparency & Controls: 82
  • Sustainability: 64
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 58.3%; rating input score 58
  • Program expense ratio: 91.6%; rating input score 92

Transparency & Controls

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

Sustainability

  • Operating margin: 36.5%; rating input score 84; 84th percentile among comparable filings
  • Total-asset coverage ratio: 1.52; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.44; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.9% per year; rating input score 0; 42nd percentile among comparable filings
  • Revenue growth: 1.2% per year; rating input score 100; 55th percentile among comparable filings
  • Asset growth: -5.4% per year; rating input score 0; 24th percentile among comparable filings

Details

  • Where the money goes: 58.3% of revenue deployed · 91.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $36K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 58/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.