Civic Intelligence

Lifes Potential Services Inc

990EZ • Fiscal year 2020 • EIN 20-1643998

Jan 01, 2020 to Dec 31, 2020 • Filed on Apr 26, 2021

Organization Profile
389 Silver Run Valley RoadWestminster, MD 21158

(443) 289-8149

Siviq Scores

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

Liabilities / Assets

76th percentile

0.12x

Higher debt load relative to assets than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.16x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

90th percentile

55%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

85th percentile

79%

Faster asset growth than 85% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

81st percentile

25%

Faster revenue growth than 81% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets76th percentile

Assets

Up

$185,843

Up $81,811 (+79%) from 2019

Net Assets

Up

$164,328

Up $60,296 (+58%) from 2019

Liabilities

Up

$21,515

Up $21,515 from 2019

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin90th percentile

Revenue

Up

$136,258

Up $27,522 (+25%) from 2019

Expenses

Up

$61,423

Up $26,992 (+78%) from 2019

Net Income

Up

$74,835

Up $530 (+0.7%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

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

$200K$150K$100K$50K$0Assets 2019: $104,032Liabilities 2019: $0Net Assets 2019: $104,0322019Assets 2020: $185,843Liabilities 2020: $21,515Net Assets 2020: $164,3282020Assets 2021: $148,897Liabilities 2021: $72,089Net Assets 2021: $76,8082021Assets 2022: $114,476Liabilities 2022: $87,747Net Assets 2022: $26,7292022Assets 2023: $140,222Liabilities 2023: $54,317Net Assets 2023: $85,9052023Assets 2024: $158,921Liabilities 2024: $79,904Net Assets 2024: $79,0172024

Highlighted filing

2020

Assets$185,843
Liabilities$21,515
Net Assets$164,328
Open 2020 Filing

Operations Trend

Revenue Growth81st percentile

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

$800K$600K$400K$200K$0-$200KRevenue 2019: $108,736Expenses 2019: $34,431Net Income 2019: $74,3052019Revenue 2020: $136,258Expenses 2020: $61,423Net Income 2020: $74,8352020Revenue 2021: $108,932Expenses 2021: $196,452Net Income 2021: -$87,5202021Revenue 2022: $486,246Expenses 2022: $528,742Net Income 2022: -$42,4962022Revenue 2023: $618,682Expenses 2023: $559,506Net Income 2023: $59,1762023Revenue 2024: $324,960Expenses 2024: $331,848Net Income 2024: -$6,8882024

Highlighted filing

2020

Revenue$136,258
Expenses$61,423
Net Income$74,835
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Apr 26, 2021
Return Version
2020v4.1
Gross Receipts
$136,258
Mission and Program Overview

Mission

substance abuse counseling center

Program Services

DescriptionGrantsExpenses
substance abuse counseling center for adolescents and adults$136,258$61,424
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KAREN BYRDPresidentFT$0--
Filing and Contact Details

Filer

Filer Name
Lifes Potential Services Inc
EIN
20-1643998
Address
389 SILVER RUN VALLEY ROAD, Westminster, MD 21158

Signing Officer

Name
Karen Byrd
Title
President
Phone
4432898149
Signed
2021-04-26
Discuss with paid preparer
Yes

Preparer

Firm
Friedman and Associates PA
Address
10461 Mill Run Circle Ste 740, Owings Mills, MD 21117
Preparer
Marc L Friedman
Phone
4106532456
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountCOMPUTER 150PROCESSING FEES 602INSPECTION FEES 100INSURANCE 295CREDIT CARD FEES 146SUPPLIES 1,758”

Description of other assets Part II line 24

“Category Beginning of Year End of YearFixtures 0 7,582”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearAccrued Expenses 0 271Accounts Payable 14,539 21,244”

Raw XML Appendix119 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0KAREN BYRD
IRS990EZ/BooksInCareOfDetail/PhoneNum04432898149
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0389 SILVER RUN VALLEY ROAD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westminster
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd021158
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0104032
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0178261
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt074835
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt036055
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0104032
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0185843
IRS990EZ/GrossReceiptsAmt0136258
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt089493
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0164328
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt089493
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0164328
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt040.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KAREN BYRD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt07582
IRS990EZ/OtherExpensesTotalAmt03051
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0substance abuse counseling center
IRS990EZ/PrintingPublicationsPostageAmt0341
IRS990EZ/ProgramServiceRevenueAmt0136258
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0substance abuse counseling center for adolescents and adults
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0136258
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt061424
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt021976
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt014539
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt021515
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt061423
IRS990EZ/TotalProgramServiceExpensesAmt061424
IRS990EZ/TotalRevenueAmt0136258
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0136258
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0108736
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0244994
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0244994
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0136258
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0108736
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0244994
IRS990ScheduleA/TotalSupportAmt0244994
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountCOMPUTER 150PROCESSING FEES 602INSPECTION FEES 100INSURANCE 295CREDIT CARD FEES 146SUPPLIES 1,758
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearFixtures 0 7,582
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Category Beginning of Year End of YearAccrued Expenses 0 271Accounts Payable 14,539 21,244
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Karen Byrd
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04432898149
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFES POTENTIAL SERVICES INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0201643998
ReturnHeader/Filer/USAddress/AddressLine1Txt0389 SILVER RUN VALLEY ROAD
ReturnHeader/Filer/USAddress/CityNm0Westminster
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021158
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521236173
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Friedman and Associates PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt010461 Mill Run Circle Ste 740
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Owings Mills
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021117
ReturnHeader/PreparerPersonGrp/PhoneNum04106532456
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marc L Friedman
ReturnHeader/ReturnTs02021-11-10T16:51:16-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Karen
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Byrd
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$185,843
Liabilities
$21,515
Net assets
$164,328
Revenue
$136,258
Expenses
$61,423
Net income
$74,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.59$0.80$0.79$3.25$3.32$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.40$0.54$0.86$6.19$5.60$0.59
2022Detailed filing. Detailed filing data is available for this year.$1.14$0.88$0.27$4.86$5.29$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.72$0.77$1.09$1.96$0.88
2020Detailed filing. Detailed filing data is available for this year.$1.86$0.22$1.64$1.36$0.61$0.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.04$0.00$1.04$1.09$0.34$0.74