Civic Intelligence

Life-Study Fellowship Foundation Inc.

990 • Fiscal year 2023 • EIN 06-1035622

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 27, 2024

90 Heights RoadDarien, CT 06820

(203) 655-1436

Siviq Scores

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

Liabilities / Assets

100th percentile

24.24x

Higher debt load relative to assets than 100% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

0.81x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

19th percentile

-15%

Higher net margin than 19% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

60th percentile

$84,794

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

1st percentile

-79%

Faster asset growth than 1% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-5.0%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Down

$34,967

Down $128,135 (-79%) from 2022

Net Assets

Down

-$812,498

Down $155,613 (-24%) from 2022

Liabilities

Up

$847,465

Up $27,478 (+3.4%) from 2022

Revenue

Down

$1,051,170

Down $55,026 (-5.0%) from 2022

Expenses

Down

$1,206,783

Down $66,632 (-5.2%) from 2022

Net Income

Up

-$155,613

Up $11,606 (+6.9%) from 2022

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2010: $532,782Liabilities 2010: $443,557Net Assets 2010: $89,2252010Assets 2011: $369,929Liabilities 2011: $516,943Net Assets 2011: -$147,0142011Assets 2012: $275,574Liabilities 2012: $486,065Net Assets 2012: -$210,4912012Assets 2013: $233,803Liabilities 2013: $562,702Net Assets 2013: -$328,8992013Assets 2014: $161,493Liabilities 2014: $659,531Net Assets 2014: -$498,0382014Assets 2015: $151,134Liabilities 2015: $748,024Net Assets 2015: -$596,8902015Assets 2016: $143,498Liabilities 2016: $686,130Net Assets 2016: -$542,6322016Assets 2017: $116,462Liabilities 2017: $731,177Net Assets 2017: -$614,7152017Assets 2018: $99,325Liabilities 2018: $779,661Net Assets 2018: -$680,3362018Assets 2019: $89,547Liabilities 2019: $832,964Net Assets 2019: -$743,4172019Assets 2020: $72,942Liabilities 2020: $913,464Net Assets 2020: -$840,5222020Assets 2021: $282,374Liabilities 2021: $772,040Net Assets 2021: -$489,6662021Assets 2022: $163,102Liabilities 2022: $819,987Net Assets 2022: -$656,8852022Assets 2023: $34,967Liabilities 2023: $847,465Net Assets 2023: -$812,4982023Assets 2024: $35,118Liabilities 2024: $847,702Net Assets 2024: -$812,5842024

Highlighted filing

2023

Assets$34,967
Liabilities$847,465
Net Assets-$812,498

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $2,377,581Expenses 2010: $2,539,424Net Income 2010: -$161,8432010Revenue 2011: $2,106,521Expenses 2011: $2,342,760Net Income 2011: -$236,2392011Expenses 2012: $2,003,4482012Revenue 2013: $1,827,875Expenses 2013: $1,946,283Net Income 2013: -$118,4082013Revenue 2014: $1,655,261Expenses 2014: $1,824,400Net Income 2014: -$169,1392014Revenue 2015: $1,606,934Expenses 2015: $1,691,786Net Income 2015: -$84,8522015Revenue 2016: $1,512,291Expenses 2016: $1,472,033Net Income 2016: $40,2582016Revenue 2017: $1,325,670Expenses 2017: $1,397,753Net Income 2017: -$72,0832017Revenue 2018: $1,294,503Expenses 2018: $1,360,124Net Income 2018: -$65,6212018Revenue 2019: $1,212,941Expenses 2019: $1,276,022Net Income 2019: -$63,0812019Revenue 2020: $1,050,484Expenses 2020: $1,147,589Net Income 2020: -$97,1052020Revenue 2021: $1,577,365Expenses 2021: $1,247,938Net Income 2021: $329,4272021Revenue 2022: $1,106,196Expenses 2022: $1,273,415Net Income 2022: -$167,2192022Revenue 2023: $1,051,170Expenses 2023: $1,206,783Net Income 2023: -$155,6132023Revenue 2024: $696,281Expenses 2024: $696,367Net Income 2024: -$862024

Highlighted filing

2023

Revenue$1,051,170
Expenses$1,206,783
Net Income-$155,613
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 27, 2024
Return Version
2023v5.1
Gross Receipts
$1,057,939
Mission and Program Overview

Mission

Publish prayers and inspirational literature.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$19,603$18,423▼ $1,180
Cash and Non-Interest-Bearing Accounts$136,180$9,975▼ $126,205
Prepaid Expenses and Deferred Charges$3,666$3,666→ $0
Inventories for Sale or Use$3,653$2,903▼ $750
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$163,102$34,967▼ $128,135
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$819,987$847,465▲ $27,478
Total Liabilities$819,987$847,465▲ $27,478
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-656,885$-812,498▼ $155,613
Total Net Assets Fund Balance$-656,885$-812,498▼ $155,613
Total Liabilities and Net Assets / Fund Balance$163,102$34,967▼ $128,135

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$282$228,178$228,460
Other Land Buildings$174$197,147$197,321
Buildings$17,967$61,327$79,294
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael T KeanePresident/TreasFT$84,794$84,794
John J KeaneV.P. & SctyFT$83,696$83,696

Board Members and Trustees

NameTitle
Larry MosesDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$1,037,098
Program Service Revenue
$0
Investment Income
$25
Other Revenue
$14,047
All Other Contributions
$1,037,098
Change in Net Assets
$-155,613
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$620,845
Other Expenses$585,938
Total Fundraising Expense$51,737
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$417,713-$2,525$420,238
Current Officers, Directors, Trustees, and Key Employees$90,423$58,293$7,827$156,543
Occupancy$108,778$20,397$6,797$135,972
Payroll Taxes$38,116$3,503$2,445$44,064
Fees for Services Accounting-$29,950-$29,950
Office Expenses$12,173--$12,173
Insurance$9,687$1,816$605$12,108
All Other Expenses$3,650$7,659$346$11,655
Advertising$7,311--$7,311
Fees for Services Legal-$5,488-$5,488
Other Expenses$5,852$5,435$86$5,435
Depreciation Depletion$944$177$59$1,180
Interest-$5-$5
Total Functional Expenses$1,021,373$133,673$51,737$1,206,783
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
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

No review was or will be conducted.

Form 990, Part VI, Section C, Line 19

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Life-Study Fellowship Foundation Inc
EIN
06-1035622
Phone
2036551436
Address
90 Heights Road, Darien, CT 06820

Signing Officer

Name
Michael T Keane
Title
President/Treas
Signed
2024-11-27
Discuss with paid preparer
Yes

Organization Details

Formed
1980
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
0
Employees
17

Preparer

Firm
Douglas H Lawrence CPA
Address
762 Post Road, Darien, CT 06820
Preparer
Douglas H Lawrence
Phone
2036556330
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IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0168
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt025
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt011
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt074
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0168
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt05696524
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01037098
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01087698
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01297641
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01061220
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01212867
IRS990ScheduleA/Total509Grp/TotalAmt05696524
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01037123
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01087746
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01297651
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01061231
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01212941
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt05696692
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt017967
IRS990ScheduleD/BuildingsGrp/DepreciationAmt061327
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt079294
IRS990ScheduleD/EquipmentGrp/BookValueAmt0282
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0228178
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0228460
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0174
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0197147
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0197321
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018423
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0163102
IRS990/TotalAssetsEOYAmt034967
IRS990/TotalAssetsGrp/BOYAmt0163102
IRS990/TotalAssetsGrp/EOYAmt034967
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01037098
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt051737
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0133673
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01021373
IRS990/TotalFunctionalExpensesGrp/TotalAmt01206783
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0819987
IRS990/TotalLiabilitiesEOYAmt0847465
IRS990/TotalLiabilitiesGrp/BOYAmt0819987
IRS990/TotalLiabilitiesGrp/EOYAmt0847465
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-656885
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-812498
IRS990/TotalProgramServiceExpensesAmt01021373
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt0168490
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt014072
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01051170
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0163102
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt034967
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt090 Heights Road
IRS990/USAddress/CityNm0Darien
IRS990/USAddress/StateAbbreviationCd0CT
IRS990/USAddress/ZIPCd006820
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0LIFESTUDYFELLOWSHIP.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael T Keane
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President/Treas
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Life-Study Fellowship Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0061035622
ReturnHeader/Filer/PhoneNum02036551436
ReturnHeader/Filer/USAddress/AddressLine1Txt090 Heights Road
ReturnHeader/Filer/USAddress/CityNm0Darien
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006820
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061332725
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Douglas H Lawrence CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0762 Post Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Darien
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006820
ReturnHeader/PreparerPersonGrp/PhoneNum02036556330
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Douglas H Lawrence
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-27T08:18:27-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.85$0.81$0.70$0.70$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.03$0.85$0.81$1.05$1.21$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.82$0.66$1.11$1.27$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.28$0.77$0.49$1.58$1.25$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.07$0.91$0.84$1.05$1.15$0.10
2019Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.09$0.83$0.74$1.21$1.28$0.06
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.10$0.78$0.68$1.29$1.36$0.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.12$0.73$0.61$1.33$1.40$0.07
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.14$0.69$0.54$1.51$1.47$0.04
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.15$0.75$0.60$1.61$1.69$0.08
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.66$0.50$1.66$1.82$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.23$0.56$0.33$1.83$1.95$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.49$0.21$2.00
2011Summary only. Only limited summary data is available for this year.$0.37$0.52$0.15$2.11$2.34$0.24
2010Summary only. Only limited summary data is available for this year.$0.53$0.44$0.09$2.38$2.54$0.16