Life Issues Inc.

990EZ • Fiscal year 2018 • EIN 62-1562284

Jan 01, 2018 to Dec 31, 2018 • Filed on May 02, 2019

Organization Profile N/A

518 East Holmes RdMemphis, TN 38109

(901) 238-8197

Siviq Scores

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

0.28x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

0.08x

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

3.8%

Higher net margin than 51% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

$12,600

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 8.4% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

15%

Faster asset growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

55%

Faster revenue growth than 87% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet

Liabilities / Assets86th percentile

Assets

$44,641

Up $5,665 (+15%) from 2017

Net Assets

$31,946

Up $5,665 (+22%) from 2017

Liabilities

Flat

$12,695

Flat from 2017

Revenue And Expenses

Liabilities / Revenue81st percentile Net Margin51st percentile

Revenue

$149,993

Up $53,477 (+55%) from 2017

Expenses

$144,328

Up $38,689 (+37%) from 2017

Net Income

$5,665

Up $14,788 (+162%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth68th percentile

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

Highlighted filing

2018

Assets$44,641

Liabilities$12,695

Net Assets$31,946

Open 2018 Filing

Operations Trend

Revenue Growth87th percentile

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

Highlighted filing

2018

Revenue$149,993

Expenses$144,328

Net Income$5,665

Open 2018 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2018 to Dec 31, 2018
Signed: May 2, 2019
Return Version: 2018v3.1
Gross Receipts: $149,993

Mission and Program Overview

Mission

Youth academic training

Program Services

Description	Grants	Expenses
Grade 1 - 6 academic training toward higher education The organization serves approximately 35 students	-	$139,411

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
STEPHANIE WARD	Director	FT	$12,600	-	$12,600

Filing and Contact Details

Filer

Filer Name: Life Issues Incorporated
EIN: 62-1562284
Address: 518 EAST HOLMES RD, Memphis, TN 38109

Signing Officer

Name: Stephanie Ward
Title: Director
Signed: 2019-05-02
Discuss with paid preparer: Yes

Preparer

Firm: James Wright CPA LLC
Address: 2868 SUMMER OAKS DR, Memphis, TN 38134
Preparer: James Wright CPA
Phone: 9013631544

Supplemental Narrative

Additional Explanations

Description of other revenue Part I line 8

“Description AmountMISCELLANEOUS INCOME 262”

Description of other expenses Part I line 16

“Description AmountFEES 1,434BANK SERVICE CHARGE 1,601LICENSE AND PERMITS 191OPERATIONS 56,410ADVERTISEMENT 125CODES & INSPECTIONS 510INTERNET SERVICES 319INSURANCE 1,214PAYROLL TAX 1,040PEST CONTROL 120PROFESSIONAL FEES 706TAXES 26TRAINING 540TRAVEL AND MEETINGS 1,841UNIFORMS 590ACADEMIC PROJECTS 3,165PAYROLL PROCESSING FEE 189”

Description of other assets Part II line 24

“Category Beginning of Year End of YearFURNITURE AND EQUIPMENT 38,853 38,853”

Description of total liabilities Part II line 26

“Category Beginning of Year End of YearPAYROLL LIABILITIES 12,695 12,695”

Raw XML Appendix123 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
CompensationExplanation/CompensationExplanationGrp/PersonNm	0	STEPHANIE WARD
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt	0	WAGES FOR SERVICES RENDERED.
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	STEPHANIE WARD
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	9012388197
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	518 EAST HOLMES RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	Memphis
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	TN
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	38109
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	123
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	5788
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	8924
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	5665
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	69587
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	38976
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	44641
IRS990EZ/GrossReceiptsAmt	0	149993
IRS990EZ/InfoInScheduleOPartIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	12370
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	26281
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	31946
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	26281
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	31946
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	40.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	12600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	STEPHANIE WARD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	38853
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	38853
IRS990EZ/OtherExpensesTotalAmt	0	70021
IRS990EZ/OtherRevenueTotalAmt	0	262
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	Youth academic training
IRS990EZ/ProgramServiceRevenueAmt	0	128437
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	Grade 1 - 6 academic training toward higher education The organization serves approximately 35 students
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	139411
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/SalariesOtherCompEmplBnftAmt	0	4720
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	true
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	12695
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	12695
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	144328
IRS990EZ/TotalProgramServiceExpensesAmt	0	139411
IRS990EZ/TotalRevenueAmt	0	149993
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/SchoolInd	0	X
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceAthltProgInd	0	false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd	0	false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd	0	false
IRS990ScheduleE/DiscriminateRaceOtherActyInd	0	false
IRS990ScheduleE/DiscriminateRaceSchsInd	0	false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd	0	false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd	0	false
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd	0	true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Description AmountMISCELLANEOUS INCOME 262
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Description AmountFEES 1,434BANK SERVICE CHARGE 1,601LICENSE AND PERMITS 191OPERATIONS 56,410ADVERTISEMENT 125CODES & INSPECTIONS 510INTERNET SERVICES 319INSURANCE 1,214PAYROLL TAX 1,040PEST CONTROL 120PROFESSIONAL FEES 706TAXES 26TRAINING 540TRAVEL AND MEETINGS 1,841UNIFORMS 590ACADEMIC PROJECTS 3,165PAYROLL PROCESSING FEE 189
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Category Beginning of Year End of YearFURNITURE AND EQUIPMENT 38,853 38,853
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Category Beginning of Year End of YearPAYROLL LIABILITIES 12,695 12,695
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Description of other revenue Part I line 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	Description of other assets Part II line 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	Description of total liabilities Part II line 26
ReturnHeader/BuildTS	0	2020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	STEPHANIE WARD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	DIRECTOR
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2019-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	LIFE ISSUES INCORPORATED
ReturnHeader/Filer/BusinessNameControlTxt	0	LIFE
ReturnHeader/Filer/EIN	0	621562284
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	518 EAST HOLMES RD
ReturnHeader/Filer/USAddress/CityNm	0	Memphis
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	TN
ReturnHeader/Filer/USAddress/ZIPCd	0	38109
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	761BC2BDF94172FF7DBBF2FA9666D9D6E088B012
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	761BC2BDF94172FF7DBBF2FA9666D9D6E088B012
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId	0	6208262019318bcmsyks
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt	0	2019-11-14
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	64.56.220.123
ReturnHeader/FilingSecurityInformation/IPDt	0	2019-11-14
ReturnHeader/FilingSecurityInformation/IPTm	0	00:31:56
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	810976289
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	JAMES WRIGHT CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	2868 SUMMER OAKS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	Memphis
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	38134
ReturnHeader/PreparerPersonGrp/PhoneNum	0	9013631544
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JAMES WRIGHT CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2019-11-14T00:19:11-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2018-01-01
ReturnHeader/TaxPeriodEndDt	0	2018-12-31
ReturnHeader/TaxYr	0	2018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $44,641
Liabilities: $12,695
Net assets: $31,946
Revenue: $149,993
Expenses: $144,328
Net income: $5,665

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2019Detailed filing. Detailed filing data is available for this year.	$0.39	$0.05	$0.34	$0.69	$0.67	$0.02
2018Detailed filing. Detailed filing data is available for this year.	$0.45	$0.13	$0.32	$1.50	$1.44	$0.06
2017Detailed filing. Detailed filing data is available for this year.	$0.39	$0.13	$0.26	$0.97	$1.06	$0.09
2016Detailed filing. Detailed filing data is available for this year.	$0.40	$0.05	$0.35	$0.73	$0.86	$0.13