Life That Counts EIN 47-2696591

Life That Counts

EIN  47-2696591 Public charity (501(c)(3)) Cullman, AL
Form 990 (PDF) Compare with another nonprofit →
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Size
$100K–1M
What they do
Empowers teens with education for healthier decisions and outcomes through social-emotional learning and coping skills.
Leadership
Jeremy Anderson · Director
Money in and out
$578K revenue, $528K expenses
Bottom line
88% program efficiency

Empowers teens with education for healthier decisions and outcomes through social-emotional learning and coping skills. For fiscal year 2021 it reported $578K in revenue, $528K in expenses, and $25K in net assets.Pt I

Where the money goes · FY2021
Total revenue
$578K
Pt VIII · Ln 12
Total expenses
$528K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $49K
Where spending went · Part IX cols B–D
Program services $0.88 Management & general $0.12
Program efficiency
88%
of spending reaches programs▼ -4% vs prior filing year
Operating runway
1.3mo
months of highly liquid reserves at operating expense rate▲ +225% vs prior filing year
Surplus margin
+9%
revenue over expenses, this year▲ ×29 vs prior filing year

Summary of the Filing

Part I · fiscal year 2021 · Form 990
Revenue
$578K
FY2021▲ +6%
Expenses
$528K
FY2021▼ -3%
Total assets
$69K
FY2021▲ +318%
Total liabilities
$44K
FY2021▲ ×1253
Total revenue
$578K
Pt VIII · Ln 12
Total expenses
$528K
Pt IX · Ln 25
Net assets
$25K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$49K
Total assetsPt X · Ln 16$69K
Program-expense ratioPt IX · col B88%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45
Mission & Programs · Part III

Where the work happens

1 program service account for $323K of program spending, described in the organization's own filed words · FY2021.
01

Ramp

2020 highlights include having increased and expanded services virtually into alabama, indiana, illinois, and montana schools. Our staff delivered over 1000 hours of social emotional learning support to students both online and in-person.

$323Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CLife That Counts
EINHdr · item D47-2696591
Principal addressHdr · item CCullman, AL
WebsiteHdr · item Jlifethatcounts.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B90)
Ruling yearIRS BMFOct 2016

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

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

John Williams’s $82K as Executive Director is at the 94th percentile of top reported officer pay among 144 <$100K education 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.

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Statement of Revenue

Part VIII
Contributions & grants100%$578K
— government grantsLn 1e$533K
Total revenueLn 12$578K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.88 Management & general $0.12
Program services88%$466K
Management & general12%$62K
Total functional expensesLn 25$528K

Balance Sheet

Part X · end of year
CashLn 1$57K
Total assetsLn 16$69K
Total liabilitiesLn 26$44K
Total net assetsLn 32$25K
Months of cash on handcomputed1.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $57K · Operating expenses/yr $528K
1.3 months
Where the money goes
Program services
Program services $466K · Total expenses $528K
88%
Management & General
Management & general $62K · Total expenses $528K
12%
Fundraising
Fundraising $0 · Total expenses $528K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $54K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $578K · Total revenue $578K
100%
Government reliance
Government grants $533K · Total revenue $578K
92%
Earned-income share
Program service revenue $0 · Total revenue $578K
0%
Investment reliance
Investment income $0 · Total revenue $578K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $528K
0%
Growth & trend
Revenue growth (YoY)
This year $578K · Prior year $544K
+6%
Net-asset trend (YoY)
End of year $25K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $578K · Expenses $528K
+9%
Liabilities-to-Assets
Total liabilities — · Total assets $69K
Net-asset ratio
Net assets $25K · Total assets $69K
36%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $69K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Jeremy Anderson · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $528K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $336K · Total expenses $528K
64%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 88%
Overhead ratio 12%
Fundraising cost ratio 0%
Revenue growth 6%
Accounting fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$578K revenue · viewing · ⤓ 990 PDF
FY2020$544K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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