Lifespire Inc
93% goes to programs $0 to raise $100 Strong reserves Growing revenue
Lifespire Inc is a 501(c)(3) organization based in New York, New York, registered in 1961, with $102,655,389 in FY2023 revenue. CharityIndex grades it A+, and it directs about 93% of spending to programs.
462 7th Avenue 5th Floor, New York, NY, 10018 EIN 13-2526022 Since 1961
Revenue (FY2023)
$102.7M
▼ 2.8% vs prior year
Human Services median: $293K
Expenses (FY2023)
$99.6M
Net assets
$67.6M
Employees
1,048
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating93% to programs · $0 to raise $100
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. For Lifespire Inc: 93% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +3% 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 Lifespire Inc: 8 mo reserves · +3% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Lifespire Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Lifespire Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
To champion and support people who have intellectual/developmental disabilities to realize their goals and dreams.
What they do
Article 16 clinic-designed to meet the specific clinical needs of developmentally disabled individuals and to help sustain them in their communities. the clinic provides personal assessment and treatment by professional, fully-accredited practitioners. some of the services currently provided include: psychological counseling rehabilitation counseling, occupational therapy, nutrition, sexuality counseling, medical examinations and psychiatry.
Other programs include family support which includes in-home behavior management, crisis intervention. community habilitation that offers in home and community training.
Contact & location
- Address
- 462 7th Avenue 5th Floor, New York, NY, 10018
- City
- New York
- State
- New York
- Category
- Human Services
- Subcategory
- Services for Specific Populations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $98.9M (FY2013) to $102.7M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $86.5MNet assets $67.6M
Operating margin
2.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$154.1M
Total liabilities
$86.5M
Net assets
$67.6M
Salaries & benefits
$48.8M
49% of expenses
Board members
14
14 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $102,655,389▼2.8% | $99,635,251▲1.9% | $67,642,266▲16.9% | $154,126,270▲4.0% | 990 |
| 2022 | $105,657,615▲1.5% | $97,765,946▲2.3% | $57,878,099▲27.8% | $148,222,008▲33.2% | 990 |
| 2021 | $104,118,369▲32.9% | $95,608,228▲11.0% | $45,278,801▲38.7% | $111,308,535▲28.6% | 990 |
| 2020 | $78,323,520▼20.2% | $86,109,379▼10.5% | $32,655,985▲4.9% | $86,539,765▲7.4% | 990 |
| 2019 | $98,151,951▼2.2% | $96,239,625▼4.7% | $31,118,550▼13.9% | $80,597,000▲0.1% | 990 |
| 2018 | $100,389,295▼1.1% | $101,033,656▼0.5% | $36,145,008▼1.8% | $80,529,567 | 990 |
| 2017 | $101,456,360▼7.1% | $101,543,931▲3.4% | $36,789,369▼0.2% | $80,551,097▼4.7% | 990 |
| 2016 | $109,155,711▲13.7% | $98,162,974▲1.3% | $36,876,940▲42.5% | $84,493,202▲4.8% | 990 |
| 2015 | $96,041,097▼6.6% | $96,884,395▼3.8% | $25,884,203▼3.2% | $80,623,837▲0.8% | 990 |
| 2014 | $102,863,580▲4.0% | $100,745,728▲1.3% | $26,727,501▲8.5% | $79,992,923▼13.7% | 990 |
| 2013 | $98,865,853 | $99,423,073▲0.3% | $24,631,943▼2.2% | $92,681,296▼4.0% | 990 |
| 2012 | — | $99,107,843▼2.0% | $25,180,565▲128% | $96,553,153▲12.7% | 990 |
| 2011 | — | $101,181,632▼1.4% | $11,067,531▼40.5% | $85,709,216▲19.5% | 990 |
| 2010 | — | $102,603,545▼0.9% | $18,612,157▲43.0% | $71,752,038▼0.6% | 990 |
| 2009 | — | $103,570,238 | $13,015,812 | $72,179,434 | 990 |
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.
Leadership & compensation (FY2023)
Highest-paid: Thomas Lydon — $339,698 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Thomas Lydon | President/ceo | 35 | $339,698 |
| Emilio Bonilla | Chief Financial Officer | 35 | $239,545 |
| Peter Valvo | Vp For It | 48 | $185,210 |
| Diana Portocarrero Vega | Chief Operating Officer | 35 | $178,411 |
| James Normandy | Vp For Day & Community Svcs | 35 | $165,422 |
| Akintayo Fadoju | Director of Nursing Services | 35 | $164,574 |
| Howard Traub | Director of Clinical Service | 35 | $160,793 |
| Elias Rivera | Lead Programmer | 45 | $148,393 |
| Bernadette Tiso | Board Member | 0.5 | — |
| Daniel Haff | Board Member | 0.5 | — |
| Ellen Greene | Vice Chair | 0.5 | — |
| Janelle Colon | Board Member | 0.5 | — |
| Jeffrey Goodman | Board Member | 0.5 | — |
| Lucy Perman | Board Member | 0.5 | — |
| Lynn Stansel | Board Member | 0.5 | — |
| Margaret Davino | Board Member | 0.5 | — |
| Michael S Gross | Chairman | 0.5 | — |
| Pedro Santiago | Board Member | 0.5 | — |
| Robert Krakow | Board Member | 0.5 | — |
| Suzanne Revell | Treasurer | 0.5 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| United Staffing Solutions Inc | Temp Staffing | $3,366,026 |
| Bells Staffing Services | Temp Staffing | $2,029,933 |
| Delta-t Group North Jersey Inc | Temp Staffing | $1,433,414 |
| Pearlcare Search Group | Temp Staffing | $790,438 |
| Hope Home Care Inc | Temp Staffing | $551,617 |
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Compare Lifespire Inc
Frequently asked questions
- Is Lifespire Inc a legitimate nonprofit?
- Yes. Lifespire Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-2526022, based in New York, New York. Donations are tax-deductible.
- What is Lifespire Inc's EIN?
- Lifespire Inc's Employer Identification Number (EIN) is 13-2526022.
- How much revenue does Lifespire Inc report?
- Lifespire Inc reported $102,655,389 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Lifespire Inc's spending goes to programs?
- Lifespire Inc spends about 93% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Lifespire Inc have?
- CharityIndex grades Lifespire Inc A+, based on program efficiency and fundraising cost.
- How much does Lifespire Inc's highest-paid employee make?
- The highest reported compensation on Lifespire Inc's latest Form 990 is $339,698, paid to Thomas Lydon (President/ceo).
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Explore more
Data for Lifespire Inc (EIN 13-2526022) 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.