Civic Intelligence

Lifeshape Inc.

990 • Fiscal year 2010 • EIN 20-0249641

Jan 01, 2010 to Dec 31, 2010 • Filed on Nov 15, 2011

5200 Buffington Rd30349
Siviq Scores

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

Liabilities / Assets

37th percentile

0.06x

Higher debt load relative to assets than 37% of similar nonprofits.

2010 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2010

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2010

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2010

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2010

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2010

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$3,171,954

No earlier filing loaded for comparison.

Net Assets

$2,991,787

No earlier filing loaded for comparison.

Liabilities

$180,167

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

$2,217,481

No earlier filing loaded for comparison.

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2010: $3,171,954Liabilities 2010: $180,167Net Assets 2010: $2,991,7872010Assets 2011: $3,059,469Liabilities 2011: $50,891Net Assets 2011: $3,008,5782011Assets 2012: $4,861,387Liabilities 2012: $1,353,921Net Assets 2012: $3,507,4662012Assets 2013: $6,734,723Liabilities 2013: $1,255,723Net Assets 2013: $5,479,0002013Assets 2014: $8,626,524Liabilities 2014: $444,757Net Assets 2014: $8,181,7672014Assets 2015: $9,304,834Liabilities 2015: $134,621Net Assets 2015: $9,170,2132015Assets 2016: $26,709,785Liabilities 2016: $3,276,010Net Assets 2016: $23,433,7752016Assets 2017: $38,998,258Liabilities 2017: $138,832Net Assets 2017: $38,859,4262017Assets 2018: $39,869,657Liabilities 2018: $160,909Net Assets 2018: $39,708,7482018Assets 2019: $41,056,311Liabilities 2019: $288,414Net Assets 2019: $40,767,8972019

Highlighted filing

2010

Assets$3,171,954
Liabilities$180,167
Net Assets$2,991,787

Operations Trend

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

$30M$20M$10M$0Expenses 2010: $2,217,4812010Expenses 2011: $2,598,0172011Expenses 2012: $3,181,8012012Revenue 2013: $5,514,751Expenses 2013: $3,508,074Net Income 2013: $2,006,6772013Revenue 2014: $8,236,766Expenses 2014: $5,565,292Net Income 2014: $2,671,4742014Revenue 2015: $8,303,710Expenses 2015: $7,342,232Net Income 2015: $961,4782015Revenue 2016: $21,989,860Expenses 2016: $7,726,298Net Income 2016: $14,263,5622016Revenue 2017: $25,244,942Expenses 2017: $9,819,291Net Income 2017: $15,425,6512017Revenue 2018: $13,667,949Expenses 2018: $12,818,627Net Income 2018: $849,3222018Revenue 2019: $15,846,732Expenses 2019: $14,787,583Net Income 2019: $1,059,1492019

Highlighted filing

2010

Revenue-
Expenses$2,217,481
Net Income-
Jump To
Filing Snapshot
Filing Period
Jan 1, 2010 to Dec 31, 2010
Signed
Nov 15, 2011
Return Version
2010v3.2
Gross Receipts
$2,533,033
Mission and Program Overview

Major Activities

Activity 2
The Summit at Fort Payne, AL received a record number of inquiries by email and phone in 2010. In all we received a total of 180 inquiries, booked 104 spiritual enrichment retreats and hosted 1,479 ministry leaders during the year. We estimate that roughly half of the guests had previously visited The Summit. The organization leased land at a substantially reduced market rate, $1 per year. The land is leased from a substantial contributor.There were no volunteers used at The Summit.
Activity 3
In 2010, Communities in Transformation (CIT) made an impact on the lives of 70 children and teenagers in apartment housing by providing services, activities, and resources, as well as connecting them with local churches and continuing on-going relationships. Two IMPACT 360 alumni and one future student served with CIT. One IMPACT 360 alumni served CIT by being a speaker at Black Church Leadership Conference in Ridgecrest, NC. 15 volunteers from 3 churches served in special events.In addition, CIT reached out to 100 youth by providing backpacks, school supplies, and community block parties.
Filing and Contact Details

Filer

EIN
20-0249641
Raw XML AppendixShowing 400 of 519 raw XML fields

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IRS990/Activity2/Description0The Summit at Fort Payne, AL received a record number of inquiries by email and phone in 2010. In all we received a total of 180 inquiries, booked 104 spiritual enrichment retreats and hosted 1,479 ministry leaders during the year. We estimate that roughly half of the guests had previously visited The Summit. The organization leased land at a substantially reduced market rate, $1 per year. The land is leased from a substantial contributor.There were no volunteers used at The Summit.
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IRS990/Description0In 2010, IMPACT 360 served 25 full-time students in the spring and 28 full-time students in the fall. Through our service opportunities in the Pine Mountain community we provided free community services anywhere between 50-100 people weekly for four hours/week. In the month of January we provided free services for approximately 350 people in Brazil. During the year, the organization leased land at a substantially reduced market rate, $1 per year. The land was leased from STC Summit, LLC. This entity is a Limited Liability Company owned by a substantial contributor. 15 Volunteers
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IRS990ScheduleI/Form990ScheduleIPartIV/Explanation0Regular email and telephone contact is made with the leadership of the organization and have at least one on sight visit per year.
IRS990ScheduleI/Form990ScheduleIPartIV/Identifier0Grantmaker's Description of How Grants are Used
IRS990ScheduleI/RecipientTable/AddressUS/AddressLine101050 Union University
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IRS990ScheduleL/AmountOfTaxImposed012950
IRS990ScheduleL/DQPTable/DescriptionOfTransaction0use of real Property provided below FMV
IRS990ScheduleL/DQPTable/NamePerson0Trent Wilbanks
IRS990ScheduleL/DQPTable/TransactionCorrected0true
IRS990ScheduleL/Form990ScheduleLPartV/Explanation0The organization does not admit that an excess benefit transaction occurred, and it reserves its rights accordingly. However, a review of the relevant facts led the organization to the conclusion that the IRS would, more likely than not, argue that an excess benefit transaction occurred. The transaction's questionable nature was discovered and promptly corrected in 2011, prior to the filing of this return, and it is reported on the current year tax return, all out of an abundance of caution. The correction made follows the rules set forth in IRC Section 4958. The disqualified person that received the benefits will file a Form 4720 and will seek an abatement under the provisions of Treas. Reg. 53.4958-1(c)(2)(iii) and IRC Section 4962.
IRS990ScheduleL/LoanTable/ApprovedByBoard0true
IRS990ScheduleL/LoanTable/BalanceDue0150000
IRS990ScheduleL/LoanTable/Default0false
IRS990ScheduleL/LoanTable/NamePerson0John White Trudy White
IRS990ScheduleL/LoanTable/OriginalPrincipalAmount0250000
IRS990ScheduleL/LoanTable/PurposeOfLoan0Land & Improvements
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IRS990ScheduleO/GeneralExplanation/Explanation0Upon request.
IRS990ScheduleO/GeneralExplanation/Explanation1No current officers or key employees receive compensation. Compensation of our managers is reviewed annually and compared to the current market.
IRS990ScheduleO/GeneralExplanation/Explanation2This document is reviewed and signed at the annual meeting.
IRS990ScheduleO/GeneralExplanation/Explanation3Board of Director's reviews the Form 990 prior to finalizing.
IRS990ScheduleO/GeneralExplanation/Explanation4John White and Trudy White are married.
IRS990ScheduleO/GeneralExplanation/Explanation5OTHER PROGRAM SERVICES 4: In 2010 Propel My Life hired and trained 4 graduates from IMPACT 360 to equip more than 200 students attending residential summer camps. The goal is for these leaders of tomorrow to have a more compelling and godly influence on their peers and to propel them into a life of service and Christian community.
IRS990ScheduleO/GeneralExplanation/Identifier0Form 990, Part VI, Line 19
IRS990ScheduleO/GeneralExplanation/Identifier1Form 990, Part VI, Line 15b
IRS990ScheduleO/GeneralExplanation/Identifier2Form 990, Part VI, Line 12c
IRS990ScheduleO/GeneralExplanation/Identifier3Form 990, Part VI, Line 11
IRS990ScheduleO/GeneralExplanation/Identifier4Form 990, Part VI, Line 2
IRS990ScheduleO/GeneralExplanation/Identifier5Form 990, Part III, Line 4d
IRS990ScheduleO/GeneralExplanation/ReturnReference0Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/GeneralExplanation/ReturnReference1Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/GeneralExplanation/ReturnReference2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/GeneralExplanation/ReturnReference3Form 990, Part VI, Line 11: Form 990 Review Process
IRS990ScheduleO/GeneralExplanation/ReturnReference4Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/GeneralExplanation/ReturnReference5Form 990, Part III, Line 4d : Other Program Services Description
IRS990/ScheduleORequired0true
IRS990ScheduleR/ExchangeOfAssets0false

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