Life That Counts FY2020 filing

Cullman, AL · Public charity (501(c)(3)) · Education

✓ Tax-deductible Latest data FY2020
Revenue
$544K
Spent
$545K
To programs
92%
Net assets
$16K
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Form 990 for the fiscal year ending December 2020 (IRS tax year 2020).

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
No filing since FY2021 — 5 yrs
Foundation funders?
Not on file
Spent on programs?
92% to programs
Form 990 Part IX, latest filing.
Size and trend
$100K–1M
Legal name (IRS)Hdr · item CLife That Counts
EINHdr · item D47-2696591
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFOct 2016
Latest filingForm 990FY2021 · Form 990
Principal addressHdr · item CCullman, AL
NTEE classificationIRS BMFEducation (B90)
WebsiteHdr · item Jlifethatcounts.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.92 Management & general $0.08
Program services92%$502K
Management & general8%$43K
Total functional expensesLn 25$545K

Financial health

Revenue & expenses by yearFY2020–FY2021
Revenue
$544K
FY2020
Expenses
$545K
FY2020
Program efficiency
92%
of spending reaches programs
Operating runway
0.4mo
months of highly liquid reserves at operating expense rate
Surplus margin
-0.3%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$16K
FY2020
Total liabilities
$35
FY2020
Revenue less expensesPt I · Ln 19−$2K
Total assetsPt X · Ln 16$16K
Program-expense ratioPt IX · col B92%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$16K
Total assetsLn 16$16K
Total liabilitiesLn 26$35
Total net assetsLn 32$16K
Months of cash on handcomputed0.4

Statement of Revenue

Part VIII
Contributions & grants100%$544K
— government grantsLn 1e$481K
Total revenueLn 12$544K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $16K · Operating expenses/yr $545K
0.4 months
Where the money goes
Program services
Program services $502K · Total expenses $545K
92%
Management & General
Management & general $43K · Total expenses $545K
8%
Fundraising
Fundraising $0 · Total expenses $545K
0%
Cost to raise $1
Fundraising expense $0 · Solicited contributions $63K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $544K · Total revenue $544K
100%
Government reliance
Government grants $481K · Total revenue $544K
88%
Earned-income share
Program service revenue $0 · Total revenue $544K
0%
Investment reliance
Investment income $0 · Total revenue $544K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $545K
0%
Growth & trend
Revenue growth (YoY)
This year $544K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $16K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $544K · Expenses $545K
-0.3%
Liabilities-to-Assets
Total liabilities — · Total assets $16K
—
Net-asset ratio
Net assets $16K · Total assets $16K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $16K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual John Williams · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $82K · Total expenses $545K
15%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $338K · Total expenses $545K
62%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 92%——
Overhead ratio 8%——
Fundraising cost ratio 0%——
Legal fee ratio 0.07%——
Accounting fee ratio 1%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$81,543Pt VII · Sec A
Director
$0Pt VII · Sec A
$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 146 <$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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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

Mission and programs

Empowers teens with education for healthier decisions and outcomes through social-emotional learning and coping skills.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

1 program service account for $338K of program spending, described in the organization's own filed words · FY2020.
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.

$338Kprogram expense

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Filing history

YearRevenueExpensesChangeFiling
FY2021 Latest $578K$528K+6% 990 PDF
FY2020 Viewing $544K$545K 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

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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