Civic Intelligence

Life Styles Inc

EIN 71-0470300 • 501(c)3 • Fayetteville, AR

Profile

The purpose of life styles, inc. Is to support and assist adults with developmental disabilities in their growth and development. Life styles, inc. Provides transitional apartment living, life skills training, community support, continuing educational opportunities, and supported employment.

PO Box 1114Fayetteville, AR 72702

www.lifestylesinc.org

Siviq Scores

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

Liabilities / Assets

47th percentile

0.15x

Higher debt load relative to assets than 47% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

27th percentile

0.08x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

43rd percentile

1.9%

Higher net margin than 43% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

45th percentile

3.7%

Faster asset growth than 45% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

62nd percentile

13%

Faster revenue growth than 62% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$6,762,421

Up $241,275 (+3.7%) from 2024

Liabilities

Down

$1,029,145

Down $2,210 (-0.2%) from 2024

Net Assets

Up

$5,733,276

Up $243,485 (+4.4%) from 2024

Revenue

Up

$12,738,988

Up $1,453,103 (+13%) from 2024

Expenses

Up

$12,495,503

Up $522,293 (+4.4%) from 2024

Net Income

Up

$243,485

Up $930,810 (+135%) from 2024

Trend Graphs

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $7,450,950Liabilities 2011: $1,240,604Net Assets 2011: $6,210,3462011Assets 2012: $6,621,107Liabilities 2012: $796,196Net Assets 2012: $5,824,9112012Assets 2013: $6,343,119Liabilities 2013: $612,077Net Assets 2013: $5,731,0422013Assets 2014: $6,227,230Liabilities 2014: $577,360Net Assets 2014: $5,649,8702014Assets 2015: $6,222,129Liabilities 2015: $696,038Net Assets 2015: $5,526,0912015Assets 2016: $6,395,682Liabilities 2016: $718,094Net Assets 2016: $5,677,5882016Assets 2017: $6,134,100Liabilities 2017: $509,976Net Assets 2017: $5,624,1242017Assets 2018: $6,281,499Liabilities 2018: $656,950Net Assets 2018: $5,624,5492018Assets 2019: $6,263,087Liabilities 2019: $949,357Net Assets 2019: $5,313,7302019Assets 2020: $6,991,648Liabilities 2020: $2,208,381Net Assets 2020: $4,783,2672020Assets 2021: $6,878,786Liabilities 2021: $797,531Net Assets 2021: $6,081,2552021Assets 2022: $7,250,362Liabilities 2022: $968,282Net Assets 2022: $6,282,0802022Assets 2023: $7,235,815Liabilities 2023: $1,058,699Net Assets 2023: $6,177,1162023Assets 2024: $6,521,146Liabilities 2024: $1,031,355Net Assets 2024: $5,489,7912024Assets 2025: $6,762,421Liabilities 2025: $1,029,145Net Assets 2025: $5,733,2762025

Highlighted filing

2025

Assets$6,762,421
Liabilities$1,029,145
Net Assets$5,733,276

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $4,693,062Expenses 2011: $4,482,509Net Income 2011: $210,5532011Expenses 2012: $5,307,9602012Expenses 2013: $5,041,4172013Revenue 2014: $5,579,000Expenses 2014: $5,660,172Net Income 2014: -$81,1722014Revenue 2015: $6,145,562Expenses 2015: $6,269,341Net Income 2015: -$123,7792015Revenue 2016: $6,963,388Expenses 2016: $6,811,891Net Income 2016: $151,4972016Revenue 2017: $7,124,090Expenses 2017: $7,177,554Net Income 2017: -$53,4642017Revenue 2018: $7,488,859Expenses 2018: $7,488,434Net Income 2018: $4252018Revenue 2019: $7,710,746Expenses 2019: $8,021,565Net Income 2019: -$310,8192019Revenue 2020: $8,556,850Expenses 2020: $9,087,313Net Income 2020: -$530,4632020Revenue 2021: $10,637,359Expenses 2021: $9,339,371Net Income 2021: $1,297,9882021Revenue 2022: $10,687,117Expenses 2022: $10,486,292Net Income 2022: $200,8252022Revenue 2023: $11,123,760Expenses 2023: $11,228,724Net Income 2023: -$104,9642023Revenue 2024: $11,285,885Expenses 2024: $11,973,210Net Income 2024: -$687,3252024Revenue 2025: $12,738,988Expenses 2025: $12,495,503Net Income 2025: $243,4852025

Highlighted filing

2025

Revenue$12,738,988
Expenses$12,495,503
Net Income$243,485

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.76$1.03$5.73$12.7$12.5$0.24
2024Summary only. Only limited summary data is available for this year.$6.52$1.03$5.49$11.3$12.0$0.69
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$1.06$6.18$11.1$11.2$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.25$0.97$6.28$10.7$10.5$0.20
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.88$0.80$6.08$10.6$9.34$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.99$2.21$4.78$8.56$9.09$0.53
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.26$0.95$5.31$7.71$8.02$0.31
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.28$0.66$5.62$7.49$7.49$0.00
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.13$0.51$5.62$7.12$7.18$0.05
2016Summary only. Only limited summary data is available for this year.$6.40$0.72$5.68$6.96$6.81$0.15
2015Detailed filing. Detailed filing data is available for this year.$6.22$0.70$5.53$6.15$6.27$0.12
2014Detailed filing. Detailed filing data is available for this year.$6.23$0.58$5.65$5.58$5.66$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.34$0.61$5.73$5.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.62$0.80$5.82$5.31
2011Summary only. Only limited summary data is available for this year.$7.45$1.24$6.21$4.69$4.48$0.21
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 27, 2023
Return Version
2022v5.0
Gross Receipts
$11,124,886
Mission and Program Overview

Mission

The purpose of life styles, inc. Is to support and assist adults with developmental disabilities in their growth and development. Life styles, inc. Provides transitional apartment living, life skills training, community support, continuing educational opportunities, and supported employment.

The purpose of life styles, inc. Is to support and assist adults with developmental disabilities in their growth and development. Life styles, inc. Provides transitional apartment living, life skills training, community support, continuing educational opportunities, and supported employment. Providing quality services and resources consistent with the dignity of the individual and with the principles of humanity is a fundamental concern of the organization. All parts of life styles, inc. Program are designed to meet the needs of the individual with emphasis on all phases of his or her optimum growth and development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,377,011$4,876,090▲ $499,079
Cash and Non-Interest-Bearing Accounts$1,166,155$1,171,546▲ $5,391
Accounts Receivable$1,505,031$957,200▼ $547,831
Other Notes and Loans Receivable, Net$7,623$22,106▲ $14,483
Total Assets$7,250,362$7,235,815▼ $14,547
Other Assets Total$194,542$208,873▲ $14,331
Liabilities
Accounts Payable and Accrued Expenses$968,282$1,058,699▲ $90,417
Total Liabilities$968,282$1,058,699▲ $90,417
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,244,602$6,139,638▼ $104,964
Net Assets With Donor Restrictions$37,478$37,478→ $0
Total Net Assets Fund Balance$6,282,080$6,177,116▼ $104,964
Total Liabilities and Net Assets / Fund Balance$7,250,362$7,235,815▼ $14,547

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,627,113$2,043,827$5,670,940
Equipment$45,273$986,584$1,031,857
Other Land Buildings$672,242-$672,242
Land$531,462-$531,462
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John NewmanExecutive DirectorFT$146,714$9,222$155,936
Sherry AndersonFinance DirectorFT$123,962$9,382$133,344

Board Members and Trustees

NameTitle
Craig ShyPresident
Blair JohansonDirector
Blake HanbyDirector
David Van BebberDirector
Elizabeth BrunnerDirector
Jamie WilsonDirector
Jennifer IrwinDirector
Jim Ed SummersDirector
Kathleen JaycoxDirector
Lincoln KeckDirector
Sam HollisDirector
Terrye BroshDirector
Kerry BradleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,225,749
Program Service Revenue
$9,899,137
Investment Income
$0
Other Revenue
$-1,126
All Other Contributions
$346,216
Change in Net Assets
$-104,964

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$119,503Fair Market Value (FMV)
Total Noncash Contributions1$119,503-

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,124,886
Revenue Not Reported on Financial Statements
$-1,126
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-1,126
Total Revenue per Audited Statements
$11,124,886
Total Revenue per Form 990
$11,123,760
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,897,513
Other Expenses$1,331,211
Total Fundraising Expense$37,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,962,870$324,556$37,506$8,324,932
Other Employee Benefits$582,406$75,944-$658,350
Payroll Taxes$578,442$46,509-$624,951
Current Officers, Directors, Trustees, and Key Employees-$289,280-$289,280
Depreciation Depletion$168,319$36,948-$205,267
Occupancy$123,452$52,723-$176,175
Travel$154,098--$154,098
Information Technology$65,017$69,502-$134,519
Insurance$87,432$14,372-$101,804
Fees for Services Accounting$59,280--$59,280
All Other Expenses$21,927$19,270-$41,197
Office Expenses$28,888$11,852-$40,740
Other Expenses$27,983$839$169$28,822
Advertising$2,674$587-$3,261
Total Functional Expenses$10,160,685$1,030,364$37,675$11,228,724

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,229,850
Expenses per Audited Statements$11,228,724
Total Expenses per Form 990$11,228,724
Expenses Not Reported on Form 990$1,126
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$1,126
Fundraising Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of the tax return was provided to the president of the board of directors and executive director for approval before being filed.

Form 990, Part VI, Section B, Line 12C

Each officer and director is responsible for reporting possible conflicts to the board. Once the possible conflict has been reported, the disposition of the issue is determined by the board without participation of the reporting officer or director.

Form 990, Part VI, Section B, Line 15A

Governing documents, organization policies, and financial statements may be viewed at the organization's offices during regular business hours.

Form 990, Part VI, Section C, Line 19

Governing documents, organization policies, and financial statements may be viewed at the organization's offices during regular business hours.

Filing and Contact Details

Filer

Filer Name
Life Styles Inc
EIN
71-0470300
Phone
4795213581
Address
PO BOX 1114, FAYETTEVILLE, AR 72702

Signing Officer

Name
Sherry Anderson
Title
Finance Director
Phone
4795213581
Signed
2023-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sherry Anderson
Formed
1976
Legal Domicile
Ar
Voting Board Members
14
Independent Board Members
13
Employees
355
Volunteers
111

Preparer

Firm
Frost Pllc
Address
4375 N VANTAGE DRIVE SUITE 403, FAYETTEVILLE, AR 72703
Preparer
Janet M Ptacek
Phone
4796954300
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization's policy with respect to evaluating uncertain tax positions is based upon whether management believes it is more likely than not to be sustained upon review by the taxing authorities, then the organization shall initially and subsequently be measured as the largest amount of tax benefit that is greater than 50% likely of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The tax positions must meet the more-likely-than-not recognition threshold with consideration given to the amounts and probabilities of the outcomes that could be realized upon settlement using the facts, circumstances and information at the reporting date. The organizations will reflect only the portion of the tax benefit that will be sustained upon resolution of the position and applicable interest on the portion of the tax benefit not recognized. Based upon management's assessment, there are no uncertain tax positions expected to have a material impact on the organization's consolidated financial statements.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Direct expenses from fundraising events -1,126.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct expenses from fundraising events 1,126.

Raw XML AppendixShowing 400 of 621 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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IRS990/ActivityOrMissionDesc0THE PURPOSE OF LIFE STYLES, INC. IS TO SUPPORT AND ASSIST ADULTS WITH DEVELOPMENTAL DISABILITIES IN THEIR GROWTH AND DEVELOPMENT. LIFE STYLES, INC. PROVIDES TRANSITIONAL APARTMENT LIVING, LIFE SKILLS TRAINING, COMMUNITY SUPPORT, CONTINUING EDUCATIONAL OPPORTUNITIES, AND SUPPORTED EMPLOYMENT. PROVIDING QUALITY SERVICES AND RESOURCES CONSISTENT WITH THE DIGNITY OF THE INDIVIDUAL AND WITH THE PRINCIPLES OF HUMANITY IS A FUNDAMENTAL CONCERN OF THE ORGANIZATION. ALL PARTS OF LIFE STYLES, INC. PROGRAM ARE DESIGNED TO MEET THE NEEDS OF THE INDIVIDUAL WITH EMPHASIS ON ALL PHASES OF HIS OR HER OPTIMUM GROWTH AND DEVELOPMENT.
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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