Life Work Direction INC FY2021 filing

Tax-deductible

Boston, MA501(c)(3)EIN 04-2735447Revenue $239K in FY2021

On file with the IRSlifeworkdirection.org32 Halifax St, 02130-5222 · Boston, MATax-exempt since Aug 1981Publicly supported charity — 170(b)(1)(A)(vi)

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To service those who have questions about the meaning of their Life, their Work and the Direction of both.

501(c)(3) charity; gifts are tax-deductible.
96¢ of each $1 spent went to programs.
$7K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $6K a year · 3% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
96%
of spending
Looks good: 96% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$7K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
20 mo
of spending, in cash
Looks good: 19.6 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $23K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$2K
0.6% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
5
of 7 voting members
Looks good: 5 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$239K
+34% vs prior year
Spent
$162K
To programs
96%
Net assets
$265K
By yearFY2020–FY2024
Revenue
$239K
FY2021▲ +34%
Tap a bar for its year
Revenue by fiscal year
FY2020$179K
FY2021$239K
FY2022$202K
FY2023$214K
FY2024$215K
Expenses
$162K
FY2021▼ -27%
Tap a bar for its year
Expenses by fiscal year
FY2020$221K
FY2021$162K
FY2022$196K
FY2023$212K
FY2024$227K
Net assets
$265K
FY2021▲ +41%
Tap a bar for its year
Net assets by fiscal year
FY2020$188K
FY2021$265K
FY2022$271K
FY2023$272K
FY2024$261K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Aug 1981.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

96 cents of each dollar spent went to programs.

Program services 96% · $155K Management & general 4% · $7K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

6 people listed on the 990; $7K paid to officers and key staff.

Part VII, Section A · reportable compensation
$7,130Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Scott H Walker————$56,004
Louise R Walker————$48,000
Eunice R Schatz————$25,000
Heather S Sheldon$18,103$15,214$8,586$7,130$8,269

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Helps people explore life's meaning, work, and future direction.

Provided by the organization

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2 programs · $155K · in their own filed words · FY2021
01

Conduct a series of sessions for individuals in a vocational process involving staff members in order to explore the questions of one's life, work and direction.

$102Kprogram expense
02

Conduct a series of sessions providing spiritual companionship and direction for individuals and couples in order to further understand the meaning and purpose of life.

$52Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$23K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$239K
Ln 12
Gifts and grantsLn 1h$174K
Fees for servicesLn 2g$65K
Investment incomeLn 3$117
Money outPt IX
$162K
Ln 25
Programscol B$155K
Managementcol C$7K
Owns and owesPt X
$265K
net assets · Ln 32
Cash and savingsLn 1–2$264K
Total assetsLn 16$267K
LiabilitiesLn 26$2K
PeoplePt VI, VII
6
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b5
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$174K
Government grantsLn 1e$57K
Fees for servicesLn 2g$65K
Investment incomeLn 3$117
Total revenueLn 12$239K
Assets in detailPt X, end of year
CashLn 1$20K
SavingsLn 2$244K
Cash and savings togetherLn 1–2$264K
Total assetsLn 16$267K
LiabilitiesLn 26$2K
Net assetsLn 32$265K
OperationsPt I, VI
EmployeesI 55
VolunteersI 61
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$217K$264K
Total assetsLn 16$217K$267K
LiabilitiesLn 26$29K$2K
Net assetsLn 32$188K$265K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$7K$7K$0$0
Other salaries and wagesLn 7$90K$90K$0$0
Other employee benefitsLn 9$20K$20K$0$0
Payroll taxesLn 10$7K$7K$0$0
Management feesLn 11a$1K$1K$0$0
Accounting feesLn 11c$2K$0$2K$0
Investment management feesLn 11f$2K$0$2K$0
Other fees for servicesLn 11g$115$0$115$0
Office expensesLn 13$2K$0$2K$0
OccupancyLn 16$20K$20K$0$0
Conferences, conventions and meetingsLn 19$2K$2K$0$0
InsuranceLn 23$953$0$953$0
Other expenses (24a–d)Ln 24$8K$7K$326$0
All other expensesLn 24e$879$800$79$0
Total functional expensesLn 25$162K$155K$7K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $215K$227K−$12K$261K 990 PDF
FY2023 $214K$212K$2K$272K 990 PDF
FY2022 $202K$196K$6K$271K 990 PDF
FY2021 Viewing $239K$162K$78K$265K 990 PDF
FY2020 $179K$221K−$42K$188K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $239,341 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $106,082$173,907
I-9 Program service revenuePrior year $72,683$65,317
I-10 Investment incomePrior year $254$117
I-11 Other revenue$0
I-12 Total revenuePrior year $179,019$239,341
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $171,342$123,874
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $49,374$37,804
I-18 Total expensesPrior year $220,716$161,678
I-19 Revenue less expensesPrior year −$41,697$77,663
Part VI · Governance 5 of 7 board members independent, 4 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members5
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $239,341 across 6 lines filed
VIII-1e Government grants$56,909
VIII-1f All other contributions, gifts and grants$116,998
VIII-1h Total contributions, gifts and grants$173,907
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$65,317
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $0$117
VIII-12 Total revenueRelated to mission $65,434 · Unrelated business $0 · Excluded from tax $0$239,341
Part IX · Statement of functional expenses $161,678 across 14 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $7,130 · Management $0 · Fundraising $0$7,130
IX-7 Other salaries and wagesPrograms $89,510 · Management $0 · Fundraising $0$89,510
IX-9 Other employee benefitsPrograms $19,832 · Management $0 · Fundraising $0$19,832
IX-10 Payroll taxesPrograms $7,402 · Management $0 · Fundraising $0$7,402
IX-11a Management feesPrograms $1,006 · Management $0 · Fundraising $0$1,006
IX-11c Accounting feesPrograms $0 · Management $1,500 · Fundraising $0$1,500
IX-11f Investment management feesPrograms $0 · Management $1,642 · Fundraising $0$1,642
IX-11g Other fees for servicesPrograms $0 · Management $115 · Fundraising $0$115
IX-13 Office expensesPrograms $0 · Management $2,263 · Fundraising $0$2,263
IX-16 OccupancyPrograms $20,000 · Management $0 · Fundraising $0$20,000
IX-19 Conferences, conventions and meetingsPrograms $1,800 · Management $0 · Fundraising $0$1,800
IX-23 InsurancePrograms $0 · Management $953 · Fundraising $0$953
IX-24 Other expenses (24a–d)Programs $7,320 · Management $326 · Fundraising $0$7,646
IX-24e All other expensesPrograms $800 · Management $79 · Fundraising $0$879
IX-25 Total functional expensesPrograms $154,800 · Management $6,878 · Fundraising $0$161,678
Part X · Balance sheet $266,960 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $25,252$20,235
X-2 Savings and temporary cash investmentsStart of year $191,826$243,730
X-4 Accounts receivableStart of year $0$2,995
X-16 Total assetsStart of year $217,078$266,960
X-17 Accounts payable and accrued expensesStart of year $445$1,655
X-24 Unsecured notes and loans payableStart of year $28,992$0
X-26 Total liabilitiesStart of year $29,437$1,655
X-27 Net assets without donor restrictionsStart of year $187,641$265,305
X-32 Total net assets or fund balancesStart of year $187,641$265,305
X-33 Total liabilities and net assetsStart of year $217,078$266,960
Part XI · Reconciliation of net assets $265,305 net assets at year end
XI-1 Total revenue$239,341
XI-2 Total expenses$161,678
XI-3 Revenue less expenses$77,663
XI-4 Net assets at start of year$187,641
XI-10 Net assets at end of year$265,305

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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