Civic Intelligence

Lifes Purpose Youth Foundation Inc.

EIN 83-1813028 • 501(c)3 • Richmond, TX

Pub. 78 Eligible990-N CoverageNTEE O19

Profile

Life's purpose youth foundation provides assistance to organizations that care for at risk youth. This support aids in back to school, recovery from disasters, organizaitonal gaps that impact the children and the staff. Through collaboration, life's purpose youth foundation will continue helping organizations that seek to find the life's purpose of the children in care.

1211 Lark LaneRichmond, TX 77469

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

95th percentile

90%

Higher net margin than 95% of similar nonprofits.

NTEE O • <$500k nonprofits • Source year 2021

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

NTEE O • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Assets

$100,687

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$100,687

No earlier filing loaded for comparison.

Revenue

$94,075

No earlier filing loaded for comparison.

Expenses

$9,787

No earlier filing loaded for comparison.

Net Income

$84,288

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2021: $100,687Net Assets 2021: $100,6872021

Highlighted filing

2021

Assets$100,687
Liabilities-
Net Assets$100,687

Operations Trend

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

$100K$50K$0Revenue 2021: $94,075Expenses 2021: $9,787Net Income 2021: $84,2882021

Highlighted filing

2021

Revenue$94,075
Expenses$9,787
Net Income$84,288

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$1.01$1.01$0.94$0.10$0.84
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jun 27, 2022
Return Version
2021v4.0
Gross Receipts
$94,075
Mission and Program Overview

Mission

Life's purpose youth foundation provides assistance to organizations that care for at risk youth. This support aids in back to school, recovery from disasters, organizaitonal gaps that impact the children and the staff. Through collaboration, life's purpose youth foundation will continue helping organizations that seek to find the life's purpose of the children in care.

Program Services

DescriptionGrantsExpenses
DURING PAST YEAR, WE HAVE MET WITH VARIOUS ORGANIZATIONS TO SEEK OUT THEIR AREAS OF NEED. EXPERIENCES AND RELEIF OPPORTUNITIES PRESENTED THEMSELVES IN WHICH WE ACTED UPON BOTH THIS PAST YEAR. AIDING AN ORGANIZATION WITH A QUICK TURN AROUND AS NOT TO INTERRUPT SERVICES PROVIDED TO THE YOUTH IN THEIR CARE. THEY WERE ABLE TO KEEP THE DOORS OPEN AND NOT DISPLACE ANY CHILDREN DUE TO THE STORM CAUSING DAMAGE TO THE ROOF AND CEILING. WE WERE ABLE TO HELP THE GAIN IN KIND DONATIONS WITH OUR COMMUNITY RELATIONSHIPS. EXPERIENCES WERE ANOTHER AREA OF FOCUS IN WHICH WE LEARNED OF MANY CHILD DEATHS DUE TO INABILITY TO SWIM AND UNDERSTANDING OF WATER SAFETY. THIS OPPORTUNITY WAS TAKEN TO GIVE 20 CHILDEN SWIM LESSONS AND WATER SAFETY TRAINING DURING THIS PAST YEAR.$9,787$9,787
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK CARTERDirector/OffPT$0--
DAVID GLENNOfficerPT$0--
BRITTNEY COUNTSOfficerPT$0--
Filing and Contact Details

Filer

Filer Name
LIFE'S PURPOSE YOUTH FOUNDATION INC
EIN
83-1813028
Phone
2012206263
Address
1211 LARK LANE, RICHMOND, TX 77469

Signing Officer

Name
Patrick Carter
Title
Director/officer
Phone
2012206263
Signed
2022-06-27

Preparer

Firm
Cloud Syzdek & Co Pc
Address
7830 W GRAND PKWY S STE 240, RICHMOND, TX 77406-5818
Preparer
Curtis R Cloud
Phone
2812404222
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

CASH CONTRIBUTION: 9,787

Form 990-ez, Part III

Life's purpose youth foundation provides assistance to organizations that care for at risk youth. This support aids in back to school, recovery from disasters, organizaitonal gaps that impact the children and the staff. Through collaboration, life's purpose youth foundation will continue helping organizations that seek to find the life's purpose of the children in care.

Form 990-ez, Part III, Line 28

During past year, we have met with various organizations to seek out their areas of need. Experiences and releif opportunities presented themselves in which we acted upon both this past year. Aiding an organization with a quick turn around as not to interrupt services provided to the youth in their care. They were able to keep the doors open and not displace any children due to the storm causing damage to the roof and ceiling. We were able to help the gain in kind donations with our community relationships. Experiences were another area of focus in which we learned of many child deaths due to inability to swim and understanding of water safety. This opportunity was taken to give 20 childen swim lessons and water safety training during this past year.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LIFE'S PURPOSE YOUTH FOUNDATION PROVIDES ASSISTANCE TO ORGANIZATIONS THAT CARE FOR AT RISK YOUTH. THIS SUPPORT AIDS IN BACK TO SCHOOL, RECOVERY FROM DISASTERS, ORGANIZAITONAL GAPS THAT IMPACT THE CHILDREN AND THE STAFF. THROUGH COLLABORATION, LIFE'S PURPOSE YOUTH FOUNDATION WILL CONTINUE HELPING ORGANIZATIONS THAT SEEK TO FIND THE LIFE'S PURPOSE OF THE CHILDREN IN CARE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DURING PAST YEAR, WE HAVE MET WITH VARIOUS ORGANIZATIONS TO SEEK OUT THEIR AREAS OF NEED. EXPERIENCES AND RELEIF OPPORTUNITIES PRESENTED THEMSELVES IN WHICH WE ACTED UPON BOTH THIS PAST YEAR. AIDING AN ORGANIZATION WITH A QUICK TURN AROUND AS NOT TO INTERRUPT SERVICES PROVIDED TO THE YOUTH IN THEIR CARE. THEY WERE ABLE TO KEEP THE DOORS OPEN AND NOT DISPLACE ANY CHILDREN DUE TO THE STORM CAUSING DAMAGE TO THE ROOF AND CEILING. WE WERE ABLE TO HELP THE GAIN IN KIND DONATIONS WITH OUR COMMUNITY RELATIONSHIPS. EXPERIENCES WERE ANOTHER AREA OF FOCUS IN WHICH WE LEARNED OF MANY CHILD DEATHS DUE TO INABILITY TO SWIM AND UNDERSTANDING OF WATER SAFETY. THIS OPPORTUNITY WAS TAKEN TO GIVE 20 CHILDEN SWIM LESSONS AND WATER SAFETY TRAINING DURING THIS PAST YEAR.
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