Liabilities / Assets
59th percentile
Tied with the lowest-debt nonprofits in its peer group.
Life Changing Labs Foundation
EIN 47-5673329 • 501(c)3 • Ithaca, NY
Profile
See program service accomplishments.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
61st percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
10th percentile
Higher net margin than 10% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 92.3% of source-year revenue.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
33rd percentile
Faster revenue growth than 33% of similar nonprofits.
Balance Sheet
Assets
Down$1,752
Down $43,183 (-96%) from 2023
Liabilities
Down$0
Down $746 (-100%) from 2023
Net Assets
Down$1,752
Down $42,437 (-96%) from 2023
Revenue
Down$48,758
Down $10,444 (-18%) from 2023
Expenses
Up$91,195
Up $50,866 (+126%) from 2023
Net Income
Down-$42,437
Down $61,310 (-325%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $1,752
- Liabilities
- $0
- Net assets
- $1,752
- Revenue
- $48,758
- Expenses
- $91,195
- Net income
- -$42,437
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
- $48,758
Mission and Program Overview
Mission
See program service accomplishments.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| LCL SERVES AS ONE OF THE HUBS FOR ENTREPRENEURSHIP, AS WE PROVIDE RESOURCES AND OPPORTUNITIES FOR BUSINESS DEVELOPMENT AND NETWORKING. WE PLAN AND HOST SCHOOL-WIDE, MONTHLY AND ANNUAL ENTREPRENEURSHIP EVENTS. OVER THE SUMMER WE RUN AN INCUBATOR PROGRAM TO HELP COMPANIES EXPAND AND BUILD THEIR STARTUPS AND PRODUCTS. IN ADDITION, WE BRING IN INFLUENTIAL GUEST SPEAKERS AND MENTORS TO INSPIRE AND MOTIVATE STUDENT ENTREPRENEURS. | $0 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| SANG WON YOON | Secretary | - | $45,000 | - | $45,000 |
| JONG WON KIM | Chairman | - | $0 | - | - |
| DAVID JOHNSON | Board Member | - | $0 | - | - |
| PAM SILVERSTEIN | Board Member | - | $0 | - | - |
| JEAN TURBAN | Executive Director | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Life Changing Labs Foundation
- EIN
- 47-5673329
- Phone
- 6173726788
- Address
- 407 COLLEGE AVE PMB 188, ITHACA, NY 14850
Signing Officer
- Name
- Jong Won Kim
- Title
- Chairman
- Phone
- 6173726788
- Signed
- 2025-11-14
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Sciarabba Walker & Co Llp
- Address
- 410 EAST UPLAND ROAD, ITHACA, NY 14850
- Preparer
- Amy a Iles
- Phone
- 6072725550
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 8 - Other Revenue
“Description: interest earned. Amount: 1.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: scholarships & grants. Amount: 9,400. Description: computer expenses. Amount: 1,628. Description: meals & entertainment. Amount: 12,860. Description: taxes & licenses. Amount: 50. Description: office expenses. Amount: 1,778. Description: subcontractors. Amount: 12,878. Description: bank fees. Amount: 150. Description: payroll taxes. Amount: 2,706. Total to form 990-ez, line 16: 41,450.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: payables to officers. Beg. Of year amount: 657. End of year amount: 0. Description: payroll liabilities. Beg. Of year amount: 89. End of year amount: 0.”
Raw XML Appendix166 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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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | ITHACA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 14850 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 44935 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1752 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 48757 |
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| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -42437 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 4745 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 44935 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1752 |
| IRS990EZ/GrossReceiptsAmt | 0 | 48758 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 44189 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 1752 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 44189 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 1752 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 0.50 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 45000 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JONG WON KIM |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DAVID JOHNSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PAM SILVERSTEIN |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JEAN TURBAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD MEMBER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | EXECUTIVE DIRECTOR |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 41450 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 1 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SEE PROGRAM SERVICE ACCOMPLISHMENTS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | LCL SERVES AS ONE OF THE HUBS FOR ENTREPRENEURSHIP, AS WE PROVIDE RESOURCES AND OPPORTUNITIES FOR BUSINESS DEVELOPMENT AND NETWORKING. WE PLAN AND HOST SCHOOL-WIDE, MONTHLY AND ANNUAL ENTREPRENEURSHIP EVENTS. OVER THE SUMMER WE RUN AN INCUBATOR PROGRAM TO HELP COMPANIES EXPAND AND BUILD THEIR STARTUPS AND PRODUCTS. IN ADDITION, WE BRING IN INFLUENTIAL GUEST SPEAKERS AND MENTORS TO INSPIRE AND MOTIVATE STUDENT ENTREPRENEURS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 45000 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | DE |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 1 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 746 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 91195 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 48758 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | HTTP://LIFECHANGINGLABS.COM/PAGEPF |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 48100 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 59200 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50696 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57757 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35103 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 250856 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 4 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 10 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2464 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.96970 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.95160 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 243273 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 7583 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 48100 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 59200 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 50696 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57757 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 35103 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 250856 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 250866 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST EARNED. AMOUNT: 1. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: SCHOLARSHIPS & GRANTS. AMOUNT: 9,400. DESCRIPTION: COMPUTER EXPENSES. AMOUNT: 1,628. DESCRIPTION: MEALS & ENTERTAINMENT. AMOUNT: 12,860. DESCRIPTION: TAXES & LICENSES. AMOUNT: 50. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 1,778. DESCRIPTION: SUBCONTRACTORS. AMOUNT: 12,878. DESCRIPTION: BANK FEES. AMOUNT: 150. DESCRIPTION: PAYROLL TAXES. AMOUNT: 2,706. TOTAL TO FORM 990-EZ, LINE 16: 41,450. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PAYABLES TO OFFICERS. BEG. OF YEAR AMOUNT: 657. END OF YEAR AMOUNT: 0. DESCRIPTION: PAYROLL LIABILITIES. BEG. OF YEAR AMOUNT: 89. END OF YEAR AMOUNT: 0. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE 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/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JONG WON KIM |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6173726788 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-11-14 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | LIFE |
| ReturnHeader/Filer/EIN | 0 | 475673329 |
| ReturnHeader/Filer/PhoneNum | 0 | 6173726788 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 407 COLLEGE AVE PMB 188 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | ITHACA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 14850 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 161071694 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SCIARABBA WALKER & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 410 EAST UPLAND ROAD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ITHACA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 14850 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6072725550 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | AMY A ILES |
| ReturnHeader/ReturnTs | 0 | 2025-11-14T08:47:26-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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