Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Apr 2004.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
75 cents of each dollar spent went to programs.
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
9 people listed on the 990; $26K paid to officers and key staff.
Frank Smith’s $26K as Executive Director is at the 15th percentile of top reported officer pay among 2167 $100K–1M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2022 | FY2020 |
|---|---|---|---|
| Frank Smith | $25,831 | $96,066 | $34,958 |
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 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Prepares and equips individuals for economic and life challenges, fostering personal growth.
Questions for Life Tools Community Development Corporation
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Know this organization? Claim it to add your story
The pantry was able to provide free groceries to local families throughout 2022. The free groceries enabled these families to supplement their food stamp purchases with nutritious groceries.
The careplace was able to provide free medical care and supplies for community members without adequate access to health care in 2020.
Faith in action believes in the potential for transformation and the power of people of faith to lead this transformation.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $381K | $339K |
| Land, buildings, equipmentLn 10c | $506K | $481K |
| Total assetsLn 16 | $896K | $826K |
| LiabilitiesLn 26 | $95K | $89K |
| Net assetsLn 32 | $801K | $737K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $220K | $220K | ||
| Pension plan contributionsLn 8 | $5K | $5K | ||
| Other employee benefitsLn 9 | $178 | $178 | ||
| Payroll taxesLn 10 | $5K | $5K | ||
| Accounting feesLn 11c | $550 | $550 | ||
| Advertising and promotionLn 12 | $3K | $3K | ||
| Office expensesLn 13 | $7K | $7K | ||
| OccupancyLn 16 | $22K | $22K | ||
| TravelLn 17 | $4K | $4K | ||
| InterestLn 20 | $3K | $3K | ||
| Depreciation, depletion and amortizationLn 22 | $53K | $53K | ||
| InsuranceLn 23 | $5K | $5K | ||
| Other expenses (24a–d)Ln 24 | $56K | $39K | $18K | |
| All other expensesLn 24e | $283K | $233K | $49K | |
| Total functional expensesLn 25 | $667K | $503K | $163K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $603K | $667K | −$64K | $737K | 990 PDF |
| FY2023 | $605K | $532K | $74K | $801K | 990 PDF |
| FY2022 | $708K | $566K | $141K | $727K | 990 PDF |
| FY2021 | $646K | $523K | $122K | $586K | 990 PDF |
| FY2020 | $673K | $466K | $207K | $464K | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $602,767 revenue, 12 lines filed
Part VI · Governance 9 of 9 board members independent, no flags
Part VIII · Statement of revenue $602,767 across 5 lines filed
Part IX · Statement of functional expenses $666,727 across 14 lines filed
Part X · Balance sheet $826,105 assets, 11 lines filed
Part XI · Reconciliation of net assets $736,860 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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