LifeSpan Resources, Inc.
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
LifeSpan Resources, Inc. meets the 20 Standards for Charity Accountability.
Stated Purpose:
Promoting independent living for people of all ages.
Year, State Incorporated:
1973, IN
LifeSpan Resources provides services to the elderly and persons with disabilities including in-home services, transportation, meals, health screenings/programs, legal services, Senior Games, and outreach services. The Aging and Disability Resource Center provides information and assistance to individuals needing either public or private resources, professionals seeking assistance on behalf of their clients, and individuals planning for their future long-term care needs. Options Counseling serves as the single point of entry for a variety of supportive services for frail older persons and individuals with disabilities. The Options Counselor helps identify needs and link clients with community services so they may remain in their homes. The Nutrition Program provides a hot mid-day meal Monday through Friday to senior citizens at nutrition sites in each county. Homebound delivery of frozen meals is also available. In-Home Services link clients to services that assist them in remaining in their homes. The services are available following an assessment to determine program eligibility and need. Transportation services provides transportation to medical appointments, nutrition sites, doctors, social service organizations, and other locations. The Long-Term Care Ombudsman program assists residents of long-term care facilities, assisted living facilities, and adult foster care homes with complaints or concerns. The Caregiver Support Program is designed to meet the individual needs of caregivers and their situations. Services include information and assistance, respite care, and other supplemental services.
For the year ended June 30, 2023, LifeSpan Resources, Inc.'s program expenses were:
| Program services | $7,069,262 |
| Total Program Expenses | $7,069,262 |
Chief Executive
Meredith Lambe, Chief Executive Officer
Chair of the Board
Reverend Tony Toran
Chair's Profession / Business Affiliation
Board Size
11
Paid Staff Size
61
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Planned giving arrangements, Appeals via Social Media (Facebook, etc.)
% of Related Contributions on Fundraising: 14.01%
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on LifeSpan Resources, Inc.'s audited financial statements for the year ended June 30, 2023.
Source of Funds
| Contract/program | $7,573,662 |
| Net investment revenue | $250,628 |
| In-kind (services, space, and product discounts) | $247,603 |
| Grant | $224,058 |
| Special events, net | $164,914 |
| Donations | $52,228 |
| Gain on sale of property and equipment | $50,530 |
| Miscellaneous | $49,875 |
| Total Income | $8,613,498 |
Programs: 92% Fundraising: 1% Administrative: 4%
| Total Income | $8,613,498 |
| Total expenses: | $7,660,926 |
| Program expenses | $7,069,262 |
| Fundraising expenses | $96,525 |
| Administrative expenses | $275,050 |
| Other expenses | $220,089 |
| Income in Excess of Expenses | $952,572 |
| Beginning Net Assets | $8,028,262 |
| Other Changes In Net Assets | $0 |
| Ending Net Assets | $8,980,834 |
| Total Liabilities | $2,265,790 |
| Total Assets | $11,246,624 |
Total assets as reported above include $511,956 in property and equipment, net.
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Standards Not Met
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Review in Progress
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Report completed by:
BBB serving Greater Kentucky and South Central Indiana