Lifeschool FY2020 filing

Bodega, CAUnknown exempt organizationEIN 94-3362489Revenue $150K in FY2020

On file with the IRSgoadventure.orgPo Box 134 · Bodega, CA

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To empower teens from all backgrounds with life skills and environmental ethics through wilderness travel, cultural tours and service projects.

62¢ of each $1 spent went to programs.
$60K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2021
latest Form 990
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 2
filings with a surplus
Average surplus $12K a year · 9% of revenue · last 2 filings
Worth a look: a surplus in 1 of the last 2 filings.
Pt I · Ln 19 · 2 filings
Spent on programs
62%
of spending
Worth a look: 62% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$60K
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.3 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$62K
×14 of total assets
Concern: liabilities are 1400% of assets; over 80%.
Pt X · Ln 26
Independent board members
3
of 4 voting members
Looks good: 3 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$150K
Spent
$183K
To programs
62%
Net assets
−$57K
By yearFY2020–FY2021
Revenue
$150K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$150K
FY2021$127K
Expenses
$183K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$183K
FY2021$70K
Net assets
−$57K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$57K
FY2021$0

From the FY2020 Form 990 (year ending September 2020) · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2021.

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

Where the money goes

62 cents of each dollar spent went to programs.

Program services 62% · $114K Management & general 38% · $69K Fundraising 0% · $250

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

4 people listed on the 990; $60K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$60,000Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A
See Lifeschool executive salaries →

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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 15aNo

Programs and updates

Empowers teens with life skills and environmental ethics through wilderness travel and service.

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Provided by the organization

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1 program · $114K · in their own filed words · FY2019
01

Experiential education, including backpacking and other activities in a wilderness setting.

$114Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2022
Total grants receivedfrom 1 funder$6
Grants paid · 2 grants · $30K · 2019–2020
Unitemized GrantFY2020$11,025
Unitemized GrantFY2019$19,062

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$150K
Ln 12
Fees for servicesLn 2g$140K
Other incomeLn 4–11$9K
Gifts and grantsLn 1h$1K
Money outPt IX
$183K
Ln 25
Programscol B$114K
Managementcol C$69K
Fundraisingcol D$250
Owns and owesPt X
−$57K
net assets · Ln 32
Cash and savingsLn 1–2$5K
Total assetsLn 16$5K
LiabilitiesLn 26$62K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1K
Fundraising eventsLn 1c$1K
Fees for servicesLn 2g$140K
Other incomeLn 4–11$9K
Total revenueLn 12$150K
Assets in detailPt X, end of year
CashLn 1$5K
Cash and savings togetherLn 1–2$5K
Total assetsLn 16$5K
LiabilitiesLn 26$62K
Net assetsLn 32−$57K
OperationsPt I, VI
EmployeesI 55
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2K$5K
Total assetsLn 16$2K$5K
LiabilitiesLn 26$26K$62K
Net assetsLn 32−$24K−$57K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$19K$19K
Pay of current officers, directors and key staffLn 5$62K$42K$20K
Other salaries and wagesLn 7$27K$27K
Payroll taxesLn 10$7K$6K$2K
Professional fundraising feesLn 11e$250$250
Advertising and promotionLn 12$3K$3K
OccupancyLn 16$25K$4K$21K
TravelLn 17$2K$2K
InterestLn 20$13$13
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$20K$3K$17K
All other expensesLn 24e$9K$3K$6K
Total functional expensesLn 25$183K$114K$69K$250

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $127K$70K$57K$0 990 PDF
FY2020 Viewing $150K$183K−$33K−$57K 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 FY2020 990 (6 parts)
Part I · Summary $150,221 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,960$1,330
I-9 Program service revenuePrior year $352,530$140,151
I-10 Investment income$0
I-11 Other revenuePrior year $3,315$8,740
I-12 Total revenuePrior year $357,805$150,221
I-13 Grants and similar amounts paid$19,062
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $161,361$95,811
I-16a Professional fundraising fees$250
I-17 Other expensesPrior year $198,601$68,039
I-18 Total expensesPrior year $359,962$183,162
I-19 Revenue less expensesPrior year −$2,157−$32,941
Part VI · Governance 3 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members3
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $150,221 across 5 lines filed
VIII-1c Fundraising events$1,330
VIII-1h Total contributions, gifts and grants$1,330
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $140,151$140,151
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $8,740$8,740
VIII-12 Total revenueRelated to mission $148,891 · Unrelated business $0 · Excluded from tax $0$150,221
Part IX · Statement of functional expenses $183,162 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $19,062$19,062
IX-5 Pay of current officers, directors and key staffPrograms $41,571 · Management $20,000$61,571
IX-7 Other salaries and wagesPrograms $26,780$26,780
IX-10 Payroll taxesPrograms $5,858 · Management $1,602$7,460
IX-11e Professional fundraising feesFundraising $250$250
IX-12 Advertising and promotionManagement $2,945$2,945
IX-16 OccupancyPrograms $3,818 · Management $21,000$24,818
IX-17 TravelPrograms $2,478$2,478
IX-20 InterestManagement $13$13
IX-23 InsurancePrograms $8,151$8,151
IX-24 Other expenses (24a–d)Programs $3,497 · Management $16,990$20,487
IX-24e All other expensesPrograms $2,881 · Management $6,266$9,147
IX-25 Total functional expensesPrograms $114,096 · Management $68,816 · Fundraising $250$183,162
Part X · Balance sheet $4,795 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $1,903$4,795
X-16 Total assetsStart of year $1,903$4,795
X-24 Unsecured notes and loans payable$42,479
X-25 Other liabilitiesStart of year $26,089$19,443
X-26 Total liabilitiesStart of year $26,089$61,922
X-27 Net assets without donor restrictionsStart of year −$24,186−$57,127
X-32 Total net assets or fund balancesStart of year −$24,186−$57,127
X-33 Total liabilities and net assetsStart of year $1,903$4,795
Part XI · Reconciliation of net assets −$57,127 net assets at year end
XI-1 Total revenue$150,221
XI-2 Total expenses$183,162
XI-3 Revenue less expenses−$32,941
XI-4 Net assets at start of year−$24,186
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$57,127

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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