Lifespan Inc. Business Review in Charlotte, NC - Southern Piedmont Carolinas BBB

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BBB Reliability Report for

Lifespan Inc.

 
 

BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.
Name: Lifespan Inc.
Phone: (704) 944-5100
Fax: (704) 944-5211
Address: 200 Clanton Rd
Charlotte, NC 28217-1446
Website: www.lifespanservices.org
Report Creation Date: April 30, 2015
Report Expiration Date: April 30, 2017
Principal: Ms. Davan Cloninger, President and CEO
Customer Contact: Ms. Davan Cloninger, President and CEO - (704) 944-5100 or
Employees: 574 Full Time.
File Open Date: September 2008
Type of Business: Charity - Education & Literacy, Charity - Community Development & Civic Organizations, Charity - Human Services (i.e. assistance to individuals & families)

Stated Purpose

Lifespan, Inc. operates facilities that specialize in fulfillment contract work for companies. Adults with disabilities work alongside non-handicapped workers, are paid wages commensurate with their productivity, and receive support and guidance from Lifespan supervisors.


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. Donors must decide for themselves the relative importance of the Standards in question.

The following Standard for Charity Accountability was either not in effect or did not apply to this charity at the time of the evaluation.

09:Spend no more than 35% of related contributions on fund raising.

Lifespan does no fundraising but relies on various contracts from medicaid, area mental health, school system, CAP income, and other providers' contracts.

Lifespan Inc. meets the remaining 19 Standards for Charity Accountability.


Programs

Total Program Expenses:$15,509,527

Governance

Chief Executive Officer:Davan Cloninger, President and CEO
Board Size:18
Paid Staff Size:574 Full Time.

Fund Raising

Method(s) Used:Lifespan, Inc.'s fundraising methods include direct and indirect public support, government contributions, and grants.


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.


Financial

According to Lifespan Inc.'s IRS 990 for the year ended June 30, 2014:

Income
 Total Income:$15,394,998
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$15,509,527 88.72%100.74%
 Fund Raising:$0 0.00%0.00%
 Administrative:$1,972,413 11.28%12.81%
 Other:$0 0.00%0.00%
 Total Expenses:$17,481,940
 
* Excess of Expenses over Income$2,086,942
Ending Net Assets:$7,137,216
Total Assets$12,492,020
Total Liabilities$5,354,804

* Excess for the year indicates the portion of income remaining after expenses.


Additional Contact Information


ID: 212354
Report as of April 23, 2017 15:33
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An organization may change its practices at any time without notice. Donors must decide for themselves the significance of any variation from BBB Standards, taking into account the relative importance of the practice in question in the context of the organization's total performance.

This report reflects the results of an evaluation of informational materials provided voluntarily by the organization. The report is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgement.

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