Civic Intelligence

Lifespace Inc

EIN 27-3270337 • 501(c)3 • Dallas, TX

Profile

The purposes for which lifespace, inc. Is organized are to operate exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as it now exists or may later be amended or replaced including, without limitation, the following:(a) to establish, own and administer unlicensed or licensed residential property designed to accomodate the particular physical, social, emotional, recreational, and other similar needs of aged persons. (b) to develop resources to enhance and support programs for the specialized needs of the aged persons.(c) to participate, so far as circumstances warrant, in any activity designed and carried on to promote the general mental and physical health of the residents of the community served. (d) to secure, raise and arrange capital to provide for the development, implementation and support of such facilities, programs, and services consistent with the purposes of the corporation.

3501 Olympus Blvd 300Dallas, TX 75019

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

99th percentile

30.34x

Higher debt load relative to assets than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2024

Assets

Down

$344,772

Down $41,192 (-11%) from 2023

Liabilities

Down

$10,461,593

Down $201,667 (-1.9%) from 2023

Net Assets

Up

-$10,116,821

Up $160,475 (+1.6%) from 2023

Revenue

Flat

$0

Flat from 2023

Expenses

Up

$1,141,192

Up $456,364 (+67%) from 2023

Net Income

Down

-$1,141,192

Down $456,364 (-67%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$10M$0-$10M-$20MAssets 2011: $0Liabilities 2011: $0Net Assets 2011: $02011Assets 2012: $0Net Assets 2012: $02012Assets 2013: $0Liabilities 2013: $0Net Assets 2013: $02013Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $0Liabilities 2018: $0Net Assets 2018: $02018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $385,964Liabilities 2023: $10,663,260Net Assets 2023: -$10,277,2962023Assets 2024: $344,772Liabilities 2024: $10,461,593Net Assets 2024: -$10,116,8212024

Highlighted filing

2024

Assets$344,772
Liabilities$10,461,593
Net Assets-$10,116,821

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.0M$0-$1.0M-$2.0MRevenue 2011: $0Expenses 2011: $0Net Income 2011: $02011Revenue 2012: $0Expenses 2012: $0Net Income 2012: $02012Revenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $0Net Income 2016: $02016Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $684,828Net Income 2023: -$684,8282023Revenue 2024: $0Expenses 2024: $1,141,192Net Income 2024: -$1,141,1922024

Highlighted filing

2024

Revenue$0
Expenses$1,141,192
Net Income-$1,141,192

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$10.5$10.1$0.00$1.14$1.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$10.7$10.3$0.00$0.68$0.68
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00$0.00$0.00$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

The purposes for which lifespace, inc. Is organized are to operate exclusively for charitable and educational purposes within the meaning of section 501(c)(3) of the internal revenue code of 1986, as it now exists or may later be amended or replaced including, without limitation, the following:(a) to establish, own and administer unlicensed or licensed residential property designed to accomodate the particular physical, social, emotional, recreational, and other similar needs of aged persons. (b) to develop resources to enhance and support programs for the specialized needs of the aged persons.(c) to participate, so far as circumstances warrant, in any activity designed and carried on to promote the general mental and physical health of the residents of the community served. (d) to secure, raise and arrange capital to provide for the development, implementation and support of such facilities, programs, and services consistent with the purposes of the corporation.

Creating communities celebrating the lives of seniors. Lifespace recognizes that its mission can only be fulfilled through the dedicated efforts of its employees, therefore included in our mission is the ability to provide disaster relief funds to employees who encounter circumstances recognized by federal and state agencies as qualifying for emergency disaster relief.

Program Services

DescriptionGrantsExpenses
NO ACTIVITY DURING THE YEAR$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JESSE JANTZENPresident & CEO-$0--
NICHOLAS HARSHFIELDCheif Financial Officer-$0--
JOSEPH GORMANGeneral Counsel-$0--
JOYCE DARKEY-HRINYAChair-$0--
VENITA FIELDSDirector-$0--
NEAL YANOFSKYDirector-$0--
ANA DUTRADirector-$0--
PATRICK SPANGLERDirector-$0--
GARY BLACKFORDDirector-$0--
DAVID S WILLIAMS IIIDirector-$0--
JONATHAN SOKEYEDirector-$0--
CLYDE STRETCHDirector-$0--
Filing and Contact Details

Filer

Filer Name
Lifespace Inc
EIN
27-3270337
Phone
5052885805
Address
3501 OLYMPUS BLVD 300, DALLAS, TX 75019

Signing Officer

Name
Nick Harshfield
Title
SVP, CFO & Treasurer
Phone
5052885805
Signed
2025-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Cliftonlarsonallen Llp
Address
2021 SPRING ROAD SUITE 200, OAK BROOK, IL 60523
Preparer
Chad D Kunze CPA
Phone
6305738600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: interest expense. Amount: 1,141,192.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: equity transfer. Amount: 1,301,667.

Form 990-ez, Part II, Line 24 - Other Assets

Description: deferred financing costs. Beg. Of year amount: 385,964. End of year amount: 344,772.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: bonds payable. Beg. Of year amount: 10,000,000. End of year amount: 10,000,000. Description: accrued interest. Beg. Of year amount: 660,000. End of year amount: 458,333. Description: other liabilites. Beg. Of year amount: 3,260. End of year amount: 3,260.

Raw XML Appendix245 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT & CEO
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IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0LIFESPACE COMMUNITIES INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt1THE LIFESPACE FOUNDATION
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt2BARTON CREEK SENIOR LIVING CENTER INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt3TARRANT COUNTY SENIOR LIVING CENTER INC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt4MEADOW LAKE LLC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt5CRAIG AMARILLO LLC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt6WESLEY COURT LLC
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt7FRIENDSHIP VILLAGE OF MILL CREEK
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IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST EXPENSE. AMOUNT: 1,141,192.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: EQUITY TRANSFER. AMOUNT: 1,301,667.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DEFERRED FINANCING COSTS. BEG. OF YEAR AMOUNT: 385,964. END OF YEAR AMOUNT: 344,772.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: BONDS PAYABLE. BEG. OF YEAR AMOUNT: 10,000,000. END OF YEAR AMOUNT: 10,000,000. DESCRIPTION: ACCRUED INTEREST. BEG. OF YEAR AMOUNT: 660,000. END OF YEAR AMOUNT: 458,333. DESCRIPTION: OTHER LIABILITES. BEG. OF YEAR AMOUNT: 3,260. END OF YEAR AMOUNT: 3,260.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0NICK HARSHFIELD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SVP, CFO & TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum05052885805
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFESPACE INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0273270337
ReturnHeader/Filer/PhoneNum05052885805
ReturnHeader/Filer/USAddress/AddressLine1Txt03501 OLYMPUS BLVD 300
ReturnHeader/Filer/USAddress/CityNm0DALLAS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TX
ReturnHeader/Filer/USAddress/ZIPCd075019
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0410746749
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CLIFTONLARSONALLEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02021 SPRING ROAD SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OAK BROOK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd060523
ReturnHeader/PreparerPersonGrp/PhoneNum06305738600
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHAD D KUNZE CPA
ReturnHeader/ReturnTs02025-11-14T16:38:30-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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