Civic Intelligence

Life Time Foundation

990 • Fiscal year 2022 • EIN 03-0533192

Jan 01, 2022 to Dec 31, 2022 • Filed on Aug 24, 2023

Organization ProfileWWW.LTFOUNDATION.ORG
2902 Corporate PlaceChanhassen, MN 55317

(952) 229-7226

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

44th percentile

0.04x

Higher debt load relative to assets than 44% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

38th percentile

0.04x

Higher debt load relative to revenue than 38% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

17th percentile

-15%

Higher net margin than 17% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

54th percentile

$67,338

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

7th percentile

-21%

Faster asset growth than 7% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

17th percentile

-23%

Faster revenue growth than 17% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets44th percentile

Assets

Down

$2,205,014

Down $586,045 (-21%) from 2021

Net Assets

Down

$2,120,422

Down $603,675 (-22%) from 2021

Liabilities

Up

$84,592

Up $17,630 (+26%) from 2021

Revenue And Expenses
Liabilities / Revenue38th percentileNet Margin17th percentile

Revenue

Down

$2,241,928

Down $662,707 (-23%) from 2021

Expenses

Down

$2,579,074

Down $351,073 (-12%) from 2021

Net Income

Down

-$337,146

Down $311,634 (-1222%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2011: $660,718Liabilities 2011: $53,3092011Assets 2012: $876,875Liabilities 2012: $104,7122012Assets 2013: $1,623,485Liabilities 2013: $336,6372013Assets 2014: $2,037,746Liabilities 2014: $494,0182014Assets 2020: $2,614,763Liabilities 2020: $83,247Net Assets 2020: $2,531,5162020Assets 2021: $2,791,059Liabilities 2021: $66,962Net Assets 2021: $2,724,0972021Assets 2022: $2,205,014Liabilities 2022: $84,592Net Assets 2022: $2,120,4222022Assets 2023: $2,339,847Liabilities 2023: $274,146Net Assets 2023: $2,065,7012023Assets 2024: $2,589,444Liabilities 2024: $54,458Net Assets 2024: $2,534,9862024

Highlighted filing

2022

Assets$2,205,014
Liabilities$84,592
Net Assets$2,120,422
Open 2022 Filing

Operations Trend

Revenue Growth17th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $562,091Expenses 2011: $112,947Net Income 2011: $449,1442011Revenue 2012: $592,645Expenses 2012: $427,891Net Income 2012: $164,7542012Revenue 2013: $1,434,144Expenses 2013: $919,459Net Income 2013: $514,6852013Revenue 2014: $1,685,396Expenses 2014: $1,428,516Net Income 2014: $256,8802014Revenue 2020: $7,659,854Expenses 2020: $7,682,315Net Income 2020: -$22,4612020Revenue 2021: $2,904,635Expenses 2021: $2,930,147Net Income 2021: -$25,5122021Revenue 2022: $2,241,928Expenses 2022: $2,579,074Net Income 2022: -$337,1462022Revenue 2023: $2,863,171Expenses 2023: $2,627,241Net Income 2023: $235,9302023Revenue 2024: $2,630,212Expenses 2024: $2,124,149Net Income 2024: $506,0632024

Highlighted filing

2022

Revenue$2,241,928
Expenses$2,579,074
Net Income-$337,146
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 24, 2023
Return Version
2022v5.0
Gross Receipts
$2,260,758
Mission and Program Overview

Mission

Our significant activities and on the ground impact are guided by our mission, formulated most recently by the board in 2019 as the following: we believe every child deserves love. We express that love by nourishing their bodies and minds with real food. By empowering the next generation to live healthier, we not only improve their lives, we improve our lives too by building a healthier future for us all.

Life time foundation supports changemakers that empower children to live healthy, happy lives.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,262,612$2,166,220▼ $96,392
Pledges and Grants Receivable$515,025$31,091▼ $483,934
Inventories for Sale or Use$12,922$0▼ $12,922
Prepaid Expenses and Deferred Charges$500$7,703▲ $7,203
Accounts Receivable$0--
Other Notes and Loans Receivable, Net$0--
Receivable From Disqualified Prsn$0--
Receivables From Officers Etc$0--
Land, Buildings, and Equipment, Net$0--
Loans From Officers Directors$0--
Total Assets$2,791,059$2,205,014▼ $586,045
Liabilities
Accounts Payable and Accrued Expenses$40,287$84,592▲ $44,305
Grants Payable$26,675$0▼ $26,675
Mortgage Notes Payable Secured by Investment Property$0--
Unsecured Notes Loans Payable$0--
Deferred Revenue$0--
Escrow Account Liability$0--
Tax Exempt Bond Liabilities$0--
Total Liabilities$66,962$84,592▲ $17,630
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,800,379$1,463,233▼ $337,146
Net Assets With Donor Restrictions$923,718$657,189▼ $266,529
Total Net Assets Fund Balance$2,724,097$2,120,422▼ $603,675
Total Liabilities and Net Assets / Fund Balance$2,791,059$2,205,014▼ $586,045
Compensation and Service Providers
Top Officer Pay54th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Marnie WellsExecutive DirectorFT$67,338$67,338
Mechelle FreemanDirector - Board Member-$18,400$18,400

Board Members and Trustees

NameTitle
Bahram AkradiChair and President
Aaron SwitzDirector - Board Member
Brittany RegerDirector - Board Member
Cory SvihlaDirector - Board Member
Emily AkradiDirector - Board Member
Tami KozikowskiDirector - Board Member
Kimo SeymourExecutive Director, Treasurer
James SpolarSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,208,648
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$33,280
All Other Contributions
$2,201,843
Change in Net Assets
$-337,146

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,241,928
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$16,440
Total Revenue per Audited Statements
$2,258,368
Total Revenue per Form 990
$2,241,928
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,886,127
Salaries, Compensation, and Employee Benefits$442,775
Other Expenses$250,172
Total Fundraising Expense$217,640
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,555,942--$1,555,942
Grants to Domestic Individuals$330,185--$330,185
Other Salaries and Wages$147,327$72,286$90,673$310,286
Current Officers, Directors, Trustees, and Key Employees$19,640$25,813$21,885$67,338
Fees for Services Other$27,036$37,305-$64,341
Payroll Taxes$26,297$15,420$17,758$59,475
Advertising$9,293$9,231$26,479$45,003
Information Technology$30$22,404-$22,434
Fees for Services Accounting-$19,456-$19,456
Travel$7,986$1,798$22$9,806
All Other Expenses-$7,517$155$7,672
Other Employee Benefits$2,554$1,501$1,621$5,676
Other Expenses$119$3,614$1,874$5,607
Conferences and Meetings$3,857$325-$4,182
Fees for Services Legal-$2,561-$2,561
Office Expenses$147$570$39$756
Total Functional Expenses$2,130,413$231,021$217,640$2,579,074

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,579,074
Total Expenses per Form 990$2,579,074
Total Expenses per Audited Statements$2,568,839
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-10,235
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Denver Public SchoolsDenver, COGovernment EntitySchool Nutrition$250,000
Urban School Food Alliance IncWashington, DCGovernment EntitySchool Nutrition$236,000
Fund for Public Schools IncNew York, NYGovernment EntitySchool Nutrition$200,000
Lake County School DistrictLeadville, COGovernment EntitySchool Nutrition and Youth Movement$185,704
Austin Public Education FoundationAustin, TXGovernment EntityYouth Movement$100,000
Children First Fund the Chicago Public Schools FoundationChicago, IL501(c)(3)Youth Movement$68,980
Chef Ann FoundationBoulder, CO501(c)(3)School Nutrition$66,817
Wellness in the Schools IncNew York, NY501(c)(3)School Nutrition$63,687
Minneapolis Public SchoolsMinneapolis, MN501(c)(3)School Nutrition and Youth Movement$62,184
Swan Solutions LLCPace, FLGovernment EntitySchool Nutrition - Clean Label Database Software$46,000
Chicago Public SchoolsChicago, IL501(c)(3)Youth Movement$36,605
City Parks FoundationNew York, NY501(c)(3)Youth Movement$20,500
Saint Paul Public SchoolsSaint Paul, MN501(c)(3)Youth Movement$20,000
Laveen Elementary School DistrictLaveen, AZGovernment EntitySchool Nutrition$19,525
America Scores New YorkNew York, NY501(c)(3)Youth Movement$15,000
American Senior High SchoolHialeah, FL501(c)(3)Youth Movement$15,000
Family Life Academy Charter SchoolsBronx, NY501(c)(3)Youth Movement$15,000
Girls on the Run Minnesota IncMinneapolis, MN501(c)(3)Youth Movement$15,000
Maryland State Youth Soccer AssociationGlenwood, MD501(c)(3)Youth Movement$15,000
Native Strength RevolutionBessemer, ALGovernment EntityYouth Movement$15,000
Netball America IncHuntington Beach, CAGovernment EntityYouth Movement$15,000
Tempe Union High SchoolTempe, AZ-Youth Movement$15,000
The Loppet Foundation IncMinneapolis, MN-Youth Movement$15,000
Novato Unified School DistrictNovato, CAGovernment EntityYouth Movement$13,070
1worldsync IncChicago, IL501(c)(3)School Nutrition - Clean Label Database Software$12,375
Fayetteville School DistrictFayetteville, ARGovernment EntitySchool Nutrition$10,667
Osborn School DistrictPhoenix, AZGovernment EntitySchool Nutrition$6,678
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$18,830
Fundraising Gross Income$15,588
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Benefit Dinner$22,393$15,588$11,197$4,391
Total Events$22,393$15,588$18,830$-3,242
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0--
Receivables from Disqualified Persons$0--
Receivables from Officers, Directors, Trustees, and Key Employees$0--
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“The treasurer, secretary, and representatives from related party, life time group holdings, inc. Reviewed the form 990 before filing. A complete copy of the form 990 was provided to all members of its governing body before filing the form.”

Form 990, Part VI, Section B, Line 12C

“Prior to board action on a contract or transaction involving a conflict of interest, a director who knows he or she has a conflict of interest and who is in attendance at the meeting shall disclose all facts material to the conflict of interest. Such disclosure shall be reflected in the minutes of the meeting. Each new responsible person shall be required to review a copy of this policy and to acknowledge in writing that he or she has done so. Any such information regarding business interests of a responsible person or a family member shall be treated as confidential and shall generally be made available only to the president, secretary or appropriate committee chair except to the extent additional disclosure is necessary in connection with the implementation of this policy.”

Form 990, Part VI, Section B, Line 15

“Life time reviews internal and external comparison data to set compensation rates for our team. Any proposed compensation changes are approved by an executive vice president”

Form 990, Part VI, Section C, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Life Time Foundation
EIN
03-0533192
Phone
9522297226
Address
2902 CORPORATE PLACE, CHANHASSEN, MN 55317
Doing Business As
Life Time Foundation

Signing Officer

Name
Kimo Seymour
Title
Executive Director, Treasurer
Phone
9522297226
Signed
2023-08-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bahram Akradi
Formed
2003
Legal Domicile
Mn
Voting Board Members
8
Independent Board Members
7
Employees
6
Volunteers
10

Preparer

Firm
Deloitte Tax Llp
Address
50 SOUTH SIXTH STREET, MINNEAPOLIS, MN 55402
Preparer
Chris Meskimen
Phone
6123974000
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Decrease in net assets with donor restriction -293,204. Grant reversal 26,675.”

Financial Statement Notes

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Reversal of grant expense -26,675.”

Raw XML AppendixShowing 400 of 828 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0OUR NUTRITION PROGRAMS WORK WITH PUBLIC K-12 SCHOOLS IS BY SUPPORTING THEM IN SERVING DELICIOUS, NUTRITION, MINIMALLY-PROCESSED FOOD IN SCHOOL. OUR COLLABORATIVE INITIATIVES WITH SCHOOL FOOD LEADERS ENTAIL:PROVIDING EXPERT GUIDANCE RELATED TO INGREDIENTS IN SCHOOL FOODS AND LABEL ANALYSIS WITH OUR GREEN ONION TOOL, WHICH IS A FREE ONLINE TOOL FOR SCHOOL NUTRITION PROFESSIONALS.FUNDING OF STAFF TRAININGS RELATED TO THE PRODUCTION AND DISTRIBUTION OF HEALTHY FOOD OPTIONS. GRANTMAKING RELATED TO KITCHEN FACILITY, AND SCHOOL FOOD SYSTEM IMPROVEMENT.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR - BOARD MEMBER
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IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0330185
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0330185
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01555942
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01555942
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02260758
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt022404
IRS990/InformationTechnologyGrp/ProgramServicesAmt030
IRS990/InformationTechnologyGrp/TotalAmt022434
IRS990/InventoriesForSaleOrUseGrp/BOYAmt012922
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt04
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd00
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE LIFE TIME FOUNDATION SUPPORTS K-12 SCHOOLS AND MISSION DRIVEN ORGANIZATIONS NATIONWIDE. WE WORK TO ENSURE THAT ALL KIDS HAVE AN OPPORTUNITY TO GET STARTED ON THEIR JOURNEY OF A HEALTHY WAY OF LIFE.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt02724097
IRS990/NetAssetsOrFundBalancesEOYAmt02120422
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt0-3242
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt0-3242
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01800379
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01463233
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt039
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0570
IRS990/OfficeExpensesGrp/ProgramServicesAmt0147
IRS990/OfficeExpensesGrp/TotalAmt0756
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-266529
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01621
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt01501
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt02554
IRS990/OtherEmployeeBenefitsGrp/TotalAmt05676
IRS990/OtherExpensesGrp/Desc0ATHLETIC EVENT FUNDRAIS
IRS990/OtherExpensesGrp/Desc1FUNDRAISING
IRS990/OtherExpensesGrp/Desc2CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc3POSTAGE & SHIPPING
IRS990/OtherExpensesGrp/FundraisingAmt037933
IRS990/OtherExpensesGrp/FundraisingAmt119201
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt31874
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt211220
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt33614
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt3119
IRS990/OtherExpensesGrp/TotalAmt037933
IRS990/OtherExpensesGrp/TotalAmt119201
IRS990/OtherExpensesGrp/TotalAmt211220
IRS990/OtherExpensesGrp/TotalAmt35607
IRS990/OtherRevenueMiscGrp/BusinessCd0812930
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0PARKING CONTRIBUTIONS
IRS990/OtherRevenueMiscGrp/Desc1APPAREL SALES
IRS990/OtherRevenueMiscGrp/ExclusionAmt034322
IRS990/OtherRevenueMiscGrp/ExclusionAmt12200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt034322
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12200
IRS990/OtherRevenueTotalAmt036522
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt090673
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt072286
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0147327
IRS990/OtherSalariesAndWagesGrp/TotalAmt0310286
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt017758
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt015420
IRS990/PayrollTaxesGrp/ProgramServicesAmt026297
IRS990/PayrollTaxesGrp/TotalAmt059475
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0515025
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt031091
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0500
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07703
IRS990/PrincipalOfficerNm0BAHRAM AKRADI
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0OUR YOUTH MOVEMENT PROGRAMS FUNDS PROJECTS AND INITIATIVES SO THAT ALL KIDS, SPECIFICALLY THOSE IN HISTORICALLY UNDERSERVED COMMUNITIES, HAVE ACCESS TO SAFE, FUN, ENRICHING PHYSICAL ACTIVITIES, WITH THE INTENTION THEY WILL CHOOSE TO STAY ACTIVE FOR LIFE. THROUGH THE YOUTH MOVEMENT PROGRAM, LIFE TIME FOUNDATION WILL PROVIDE GRANTS OF UP TO $15,000 FOR SCHOOL SITES AND LOCAL NON-PROFIT ORGANIZATIONS, AND UP TO $100,000 FOR SCHOOL DISTRICTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0687092
IRS990/ProgSrvcAccomActy2Grp/GrantAmt0603746
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0IN ADDITION TO OUR CORE FOCUS, LIFE TIME FOUNDATION OPERATES LIFE TIME LIFTS, A RESTRICTED FUND THAT PROVIDES EMERGENCY ASSISTANCE TO EMPLOYEES OF LIFE TIME GROUP HOLDINGS, INC. WHO EXPERIENCE UNEXPECTED FINANCIAL HARDSHIP CIRCUMSTANCES THAT ARISE OUTSIDE OF THEIR CONTROL.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0330185
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0330185
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02900344
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt02489549
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0137590
IRS990/PYOtherRevenueAmt04291
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-25512
IRS990/PYSalariesCompEmpBnftPaidAmt0303008
IRS990/PYTotalExpensesAmt02930147
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02904635
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-337146
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02018 AMOUNT: $ 50,369. 2019 AMOUNT: $ 43,200. 2020 AMOUNT: $ 22,000. 2021 AMOUNT: $ 0. PARKING CONTRIBUTIONS - 2022 AMOUNT: $ 34,322. APPAREL SALES - 2022 AMOUNT: $ 2,200.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02208648
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt02900344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt07637854
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02268229
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01734622
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt016749697
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt036522
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt022000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt043200
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt050369
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0152091
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.35730
IRS990ScheduleA/PublicSupportPY170Pct00.34950
IRS990ScheduleA/PublicSupportTotal170Amt06039067
IRS990ScheduleA/SubstantialContributorsTotAmt010710630
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02208648
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt02900344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt07637854
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02268229
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01734622
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt016749697
IRS990ScheduleA/TotalSupportAmt016901788
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt016440
IRS990ScheduleD/DonatedServicesUseFcltsAmt016440
IRS990ScheduleD/ExpensesNotReportedAmt0-10235
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02579074
IRS990ScheduleD/OtherExpensesIncludedAmt0-26675
IRS990ScheduleD/RevenueNotReportedAmt016440
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02241928
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0REVERSAL OF GRANT EXPENSE -26,675.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XII, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt02579074
IRS990ScheduleD/TotalRevenuePerForm990Amt02241928
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02258368
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02568839
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt06805
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt06805
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt018830
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0300
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0300
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BENEFIT DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt07333
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt07333
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt022393
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022393
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015588
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015588
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-3242
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt011197
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011197
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0330185
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0LIFE TIME LIFTS EMPLOYEE ASSISTANCE GRANT PROGRAM
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0432
IRS990ScheduleI/RecipientTable/CashGrantAmt066817
IRS990ScheduleI/RecipientTable/CashGrantAmt1250000
IRS990ScheduleI/RecipientTable/CashGrantAmt210667
IRS990ScheduleI/RecipientTable/CashGrantAmt3185704
IRS990ScheduleI/RecipientTable/CashGrantAmt419525
IRS990ScheduleI/RecipientTable/CashGrantAmt56678

Document Assets

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Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,205,014
Liabilities
$84,592
Net assets
$2,120,422
Revenue
$2,241,928
Expenses
$2,579,074
Net income
-$337,146
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.05$2.53$2.63$2.12$0.51
2023Detailed filing. Detailed filing data is available for this year.$2.34$0.27$2.07$2.86$2.63$0.24
2022Detailed filing. Detailed filing data is available for this year.$2.21$0.08$2.12$2.24$2.58$0.34
2021Detailed filing. Detailed filing data is available for this year.$2.79$0.07$2.72$2.90$2.93$0.03
2020Detailed filing. Detailed filing data is available for this year.$2.61$0.08$2.53$7.66$7.68$0.02
2014Summary only. Only limited summary data is available for this year.$2.04$0.49$1.69$1.43$0.26
2013Summary only. Only limited summary data is available for this year.$1.62$0.34$1.43$0.92$0.51
2012Summary only. Only limited summary data is available for this year.$0.88$0.10$0.59$0.43$0.16
2011Summary only. Only limited summary data is available for this year.$0.66$0.05$0.56$0.11$0.45