Better Business Bureau Report for
Lifespring

Better Business Bureau Report issued November 2010
Better Business Bureau Report expires November 2012


This BBB Accredited charity meets all 20 Standards for Charity Accountability. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: Lifespring
Address: 460 Spring Street
  Jeffersonville, IN 47130
Phone: 812-280-2080
Web Address: www.lifespr.com
Back To Top

Better Business Bureau Comments

Year, State Incorporated: 1964, Indiana
Affiliates: LifeSpring Foundation
Stated Purpose: To improve and sustain the quality of life in our communities by providing comprehensive behavioral health, addiction and related services.

Back To Top

Evaluation Conclusions

               

Lifespring meets the 20 Standards for Charity Accountability.
Back To Top

Programs

               

LifeSpring provides a comprehensive arrat of mental health services: education, prevention, information, assessment, intervention, housing, group living and other treatment modalities.

For the fiscal year ended June 30, 2010, LifespringLifespring 's program expenses were:

  
Behavioral healthcare services 13,718,267
Total Program Expenses: $13,718,267
Back To Top

Governance

               

Chief Executive : Dr. Terry L. Stawar, President/CEO
Compensation*:

Chair of the Board: Ms. Pam Clover
Chair's Profession / Business Affiliation: Director of Business, Wilson Education Center

Board Size: 13

Paid Staff Size: 252

Back To Top

Fund Raising

               

Method(s) Used:

The agency's primary source of support is patient service revenue. The agency also receives significant support from federal, state, and county grants.
Back To Top

Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
Back To Top

Financial

               

The following information is based on the LifeSpring’s audited financial statements for the year that ended June 30, 2010.

Ending net assets as reported are unrestricted net assets.

Total assets as reported include $8,459,263 invested in property, plant, and equipment, net.

Financial information presented below shows minimal contribution revenue and no fund raising expenses. The agency anticipates increased fund raising activity in the future which will be reflected in future financial reports.




Source of Funds  
Patient Service Revenue 12,529,691
Federal, State, and County Grant Revenue 2,741,045
Other grant and miscellaneous revenue 1,697,987
County Appropriations 1,403,188
Gain (loss) on disposal on assets -7,945
Total Income $18,363,966


chart



Uses of Funds as a % of Total Expenses

Programs: 76%    Administrative: 24% 

Total income   $18,363,966
  Program expenses $13,718,267
  Fund raising expenses
  Administrative expenses 4,418,784
 
Total expenses   $18,137,051
Income in Excess of Expenses   226,915
Beginning net assets   9,374,634
Ending net assets   9,601,549
Total liabilities   5,774,706
Total assets   $15,376,255


Back To Top

An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

Send to:



What is an Accredited Charity