Better Business Bureau Report for
LifeSpan Resources, Inc.

Better Business Bureau Report issued December 2016
Better Business Bureau Report expires December 2018


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


Find out more about this charity:

Back To Top

Charity Contact Information

Name: LifeSpan Resources, Inc.
Address: 33 State Street, Third Floor
  New Albany, IN 47150
Phone: 812-948-8330
Web Address: http://lsr14.org/
Back To Top

Better Business Bureau Comments

Year, State Incorporated: 1973, Indiana
Affiliates: None
Stated Purpose: LifeSpan Resources, Inc. is the designated Area Agency on Aging serving Clark, Floyd, Harrison and Scott counties in Indiana. The organization's mission is "Promoting Independent Living for People of all Ages."

Back To Top

Evaluation Conclusions

              

LifeSpan Resources, Inc. meets the 20 Standards for Charity Accountability.
Back To Top

Programs

              

LifeSpan Resources provides services to the elderly and persons with disabilities including in-home services, transportation, meals, health screenings/programs, legal services, Senior Games, and outreach services. Programs include: Aging and Disability Resource Center (ADRC) - provides information and assistance to individuals needing either public or private resources, professionals seeking assistance on behalf of their clients, and individuals planning for their future long-term care needs. Options Counseling - serves as the single point of entry for a variety of supportive services for frail older persons and individuals with disabilities. The Options Counselor helps identify needs and link persons with community services so they may remain in their homes. Nutrition Program - provides a hot mid-day meal Monday through Friday to senior citizens at nutrition sites in each county. Homebound delivery of frozen meals is also available. In-Home Services--Through Care Coordination services Care Coordinators are able to link clients to services that assist them in remaining in their home. The services are available following an assessment to determine program eligibility and need. Transportation - furnishes transportation to medical appointments, nutrition sites, doctors, social service organizations and other locations. Reservations should be made at least 72 hours in advance. Long Term Care Ombudsman--assists residents of Long Term Care Facilities, Assisted Living facilities, and Adult Foster Care Homes with complaints or concerns. Caregiver Support Program-- designed to meet the individual needs of caregivers and their situation. Services include information and assistance, respite care and other supplemental services.

For the fiscal year ended June 30, 2016, LifeSpan Resources, Inc.'s program expenses were:

  
Programs and services 5,688,206
Total Program Expenses: $5,688,206
Back To Top

Governance

              

Chief Executive : Lora Clark , Chief Executive Officer
Compensation*: 

Chair of the Board: Candice Barksdale
Chair's Profession / Business Affiliation: CEO, Goodwill Southern Indiana - Retired

Board Size: 12

Paid Staff Size: 55

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
Back To Top

Fund Raising

              

Method(s) Used:

Direct mail, invitations to fund raising events, print advertisements, grant proposals, internet, cause-related marketing, membership.

In addition, LifeSpan Resources is a Metro United Way and United Way of Scott County member agency.

Fund raising costs were 9% of related contributions. (Related contributions, which totaled $426,444, are donations received as a result of fund raising activities.)
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 LifeSpan Resources, Inc.'s audited financial statements for the fiscal year ended June 30, 2016.

Ending net assets as reported below include $2,183,288 in unrestricted net assets and $65,053 in temporarily restricted net assets.

Total assets as reported below include $50,209 invested in property and equipment, net.

Source of Funds  
Government contracts 5,329,794
In-kind donations 183,538
Grants 145,257
Donations 97,649
Miscellaneous 53,728
Unrealized loss on investments -33,946
Total Income $5,776,020


chart



Uses of Funds as a % of Total Expenses

Programs: 95%  Fund Raising: 1%  Administrative: 3%  Other Expenses: 1%

Total income $5,776,020
Program expenses $5,688,206
Fund raising expenses 36,955
Administrative expenses 165,285
Other Expenses 50,389
Total expenses $5,940,835
Expenses in Excess of Income (164,815)
Beginning net assets 2,413,156
Ending net assets 2,248,341
Total liabilities 302,036
Total assets $2,550,377


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