Overview

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Est.

2011

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Lifesource Inc is a nonprofit organization dedicated to serving individuals within the criminal justice system who are struggling with addiction, offering a residential recovery program with three houses: one for women and children, one for men, and a graduate house for females. With an operating budget of $623.3K and total revenue of $645.2K for the 2024 filing year, Lifesource relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. The organization focuses on human rights and human services, aiming to support some of the most underserved members of society.

Mission Statement

Lifesource serves the most under-served segment of our society - those in the criminal justice system who struggle with addiction. Lifesource is a residential recovery program with 3 houses. 1 house for women and children, 1 house for men, and a graduate house for females.
Revenues
$645.2K
Expenses
$623.3K
Net Income:
+$21.8K
Assets
$90.4K
Liabilities
$0
Net Assets:
+$90.4K
Operating Budget
$623.3K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$12K
Largest grant received
$12.1K
N
Nathan Ladner
Board Member
T
Tina Cooper
Board Member
R
Robin Ladner
Board Member

Frequently Asked Questions

What is LIFESOURCE INC’s budget?
In 2024, LIFESOURCE INC reported an annual operating budget of around $623 thousand. More detailed financial information is available to registered users.
What causes does LIFESOURCE INC support?
LIFESOURCE INC supports work in Human rights and Human services.
Where does LIFESOURCE INC operate?
LIFESOURCE INC is headquartered in Somerville, AL.
Who funded LIFESOURCE INC recently?
In 2024, LIFESOURCE INC received grants from THE LONG LEWIS FOUNDATION, Community Foundation of Greater Huntsville, and LEON ALAND FAMILY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LIFESOURCE INC received in 2024?
The largest grant to LIFESOURCE INC in 2024 exceeds $12 thousand.