L I F E Skills Foundation
Only null% goes to programs Strong reserves Declining revenue
L I F E Skills Foundation is a 501(c)(3) organization based in Durham, North Carolina, registered in 2006, with $327,556 in FY2024 revenue. CharityIndex grades it D.
Po Box 51129, Durham, NC, 27717 EIN 20-3676000 Since 2006
Revenue (FY2024)
$328K
▼ 63.8% vs prior year
Youth median: $163K
Expenses (FY2024)
$442K
Net assets
$625K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for L I F E Skills Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating17 mo reserves · -35% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For L I F E Skills Foundation: 17 mo reserves · -35% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for L I F E Skills Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For L I F E Skills Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 51129, Durham, NC, 27717
- City
- Durham
- State
- North Carolina
- Category
- Youth Development
- Subcategory
- Youth Development Programs
- Website
- …
Financial trends
Revenue grew from $57K (FY2013) to $328K (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $897KNet assets $625K
Operating margin
-34.9%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$897K
Net assets
$625K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $327,556▼63.8% | $441,836▼59.6% | $624,985▼15.5% | $1,522,292▼7.9% | 990 |
| 2023 | $904,857▲63.3% | $1,093,707▲19.3% | $739,265▼20.3% | $1,653,114▼12.1% | 990 |
| 2022 | $554,116▼58.3% | $916,477▲19.5% | $928,115▼28.1% | $1,880,740▲17.1% | 990 |
| 2021 | $1,328,688▲78.7% | $767,178▲15.5% | $1,290,476▲77.0% | $1,605,470▲39.2% | 990 |
| 2020 | $743,417▲17.5% | $664,189▼11.3% | $728,966▲12.2% | $1,153,356▼2.2% | 990 |
| 2019 | $632,934▼19.3% | $748,592▲16.8% | $649,738▼15.1% | $1,179,548▼10.4% | 990 |
| 2018 | $784,169▲23.2% | $640,882▲33.9% | $765,396▲23.0% | $1,316,294▲20.8% | 990 |
| 2017 | $636,475▲23.5% | $478,635▲11.5% | $622,109▲34.0% | $1,089,772▲44.8% | 990 |
| 2016 | $515,360▲98.6% | $429,241▲108% | $464,269▲22.8% | $752,369▲11.6% | 990 |
| 2015 | $259,458▲357% | $206,443▲192% | $378,150▲707% | $673,888▲692% | 990 |
| 2013 | $56,744 | $70,775 | $46,887 | $85,133 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $1.4M total
38 grants to L I F E Skills Foundation totaling $1.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $5,354 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $50,050 |
| National Philanthropic Tr | Religion | 2023 | $20,000 |
| Duke University Health System Inc | Community support | 2023 | $10,000 |
| San Francisco Foundation | For sponsorship of 9th annual breakfast. | 2023 | $10,000 |
| California Community Foundation | Housing | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $200,500 |
| Duke University Health System Inc | Community support | 2022 | $14,750 |
| National Philanthropic Tr | Human services | 2022 | $10,000 |
| North Carolina Community Foundation Inc | Youth development | 2021 | $214,022 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $51,950 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $51,950 |
| Duke University Health System Inc | Community support | 2021 | $10,000 |
| National Philanthropic Tr | Human services | 2021 | $10,000 |
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Frequently asked questions
- Is L I F E Skills Foundation a legitimate nonprofit?
- Yes. L I F E Skills Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 20-3676000, based in Durham, North Carolina. Donations are tax-deductible.
- What is L I F E Skills Foundation's EIN?
- L I F E Skills Foundation's Employer Identification Number (EIN) is 20-3676000.
- How much revenue does L I F E Skills Foundation report?
- L I F E Skills Foundation reported $327,556 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does L I F E Skills Foundation have?
- CharityIndex grades L I F E Skills Foundation D, based on financial health (reserves and operating margin).
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Data for L I F E Skills Foundation (EIN 20-3676000) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.