Lifesong Inc
LIFESONG SEEKS TO PROMOTE THE GOSPEL OF JESUS CHRIST THROUGH CARING FOR ORPHANS, SUPPORTING AND EDUCATING CHILDREN THROUGH GLOBAL CHRISTIAN ORPHAN CARE MINISTRIES, SERVING CHRISTIAN ADOPTIVE FAMILIES, AND PROVIDING CHRISTIAN FOSTER CARE INITIATIVES.
IRS Tax Year 2023
Period ending June 30, 2024
Total Revenue
$3.7M
Total Expenses
$3.6M
Net Assets
$299K
Employees
41
Volunteers
3
Program Expense Ratio
45.1%
Fundraising Efficiency
465.3%
This nonprofit profile presents IRS Form 990 tax filing data for Lifesong Inc (EIN: 85-4292925), based on the 2023 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Lifesong Inc is a 501(c)(3) nonprofit headquartered in GRIDLEY, IL, founded in 2020. It is classified under NTEE code P80 (Services for the Aged), within the Human Services category. The organization has held tax-exempt status since 2022. In its 2023 filing, the organization reported $3.7M in total revenue, a 5.0% increase from the prior year, and $3.6M in total expenses. The organization employed 41 people and engaged 3 volunteers. N ANDREW LEHMAN, VICE-PRESIDENT, is the highest-compensated individual at $241,522. The organization runs 1 program, totaling $1.6M in program expenses. 6 of 6 recommended governance policies are in place.
Lifesong Inc is classified under NTEE code P80 (Services for the Aged), which falls within the Human Services category. Its foundation type is 15.
Programs(Tax Year 2023)
1 record
Lifesong Inc operates 1 program, with total program expenses of $1.6M. Lifesong Inc's largest program accounts for 100% of total program spending.
PROVIDED CARE TO ORPHANS, SUPPORTED AND EDUCATED CHILDREN, SERVED CHRISTIAN ADOPTIVE FAMILIES AND PROVIDED CHRISTIAN FOSTER CARE INIATIVES BY PROVIDING FUNCTIONAL SUPPORT TO LIFESONG FOR ORPHANS, INC. (A 501C3 RELATED ORGANIZATION)
Financial Overview(Tax Years 2021–2023)
3 records
Over the past 3 years, Lifesong Inc's revenue has grown from $1.8M to $3.7M, a 110.0% increase. Program expenses represent 45% of total spending.
Revenue increased 5.0% year-over-year, while expenses grew 3.6%. net assets rose to $299K, up 36.7% from the prior year. the organization reduced headcount by 5 employees.
Lifesong Inc derives 100% from contributions and grants, with 0% from investment income.
Revenue is heavily concentrated: 100% comes from contributions and grants, indicating limited diversification.
Lifesong Inc allocates 45% to programs, 33% to management and general, 22% to fundraising.
Revenue grew by 5.0% and expenses grew by 3.6% year over year.
Over 3 filings from 2021–2023, Lifesong Inc grew revenue from $1.8M to $3.7M (+110.0%) while maintaining a program expense ratio of 45%.
Lifesong Inc holds $436K in total assets against $137K in liabilities (debt-to-asset ratio of 31%). The organization has 1.0 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2023 | $3.7M | $3.7M | $0 | $0 | $54 |
| 2022 | $3.5M | $3.5M | $0 | $0 | $119 |
| 2021 | $1.8M | $1.8M | $0 | $0 | $37 |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2023 | $3.6M | $1.6M | $1.2M | $790K | $0 |
| 2022 | $3.5M | $1.7M | $1.0M | $701K | $0 |
| 2021 | $1.6M | $839K | $416K | $306K | $0 |
Program Expense Ratio
45.1%
Admin Expense Ratio
32.9%
Fundraising Efficiency
465.3%
Operating Reserve
1.0 mo
People & Compensation(Tax Year 2023)
10 records
Lifesong Inc reported compensation for 10 officers and key employees. Total officer compensation was $1.2M, representing 32.4% of total expenses.
Lifesong Inc's highest-compensated individual received $242K in total compensation. Total officer compensation of $1.2M represents 32.4% of total expenses.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| N ANDREW LEHMAN | VICE-PRESIDENT | Officer | 10.00 | $231,005 | $0 | $241,522 |
| KORY KAEB | VP - OPERATIONS | Officer | 10.00 | $197,875 | $0 | $225,855 |
| ADAM LAUBACH | HIGHEST COMP EMPL | Highest Comp | 1.00 | $130,731 | $0 | $163,443 |
| RICHARD METCALFE | HIGHEST COMP EMPL | Highest Comp | 1.00 | $137,818 | $0 | $142,527 |
| ANDREW GERBER | HIGHEST COMP EMPL | Highest Comp | 1.00 | $120,590 | $0 | $137,499 |
| ADDISYN BLOCK | HIGHEST COMP EMPL | Highest Comp | 1.00 | $124,460 | $0 | $127,691 |
| REED YACKLEY | HIGHEST COMP EMPL | Highest Comp | 1.00 | $120,624 | $0 | $125,767 |
| BRAD KAHLER | PRESIDENT | OfficerDirector | 1.00 | $0 | $0 | $0 |
| LUKE GUDEMAN | SECTREAS | OfficerDirector | 1.00 | $0 | $0 | $0 |
| ANDY HUETTE | DIRECTOR | Director | 1.00 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
N ANDREW LEHMAN
Base Salary
$202,833
Bonus
$28,172
Other Reportable
—
Retirement/Deferred
$9,521
Nontaxable Benefits
$996
KORY KAEB
Base Salary
$172,232
Bonus
$25,643
Other Reportable
—
Retirement/Deferred
$8,897
Nontaxable Benefits
$19,083
ADAM LAUBACH
Base Salary
$130,731
Bonus
—
Other Reportable
—
Retirement/Deferred
$6,250
Nontaxable Benefits
$26,462
Governance & Compliance(Tax Year 2023)
Lifesong Inc has 6 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 3 of whom are independent.
Lifesong Inc's financial statements are audited, an audit committee oversees the process.
Policies & Oversight
Audit & Financial Oversight
Insider Transactions(Tax Year 2023)
1 record
Unknown person — FAMILY OF OFFICER
Filing History(Tax Years 2021–2023)
3 records
Showing the 3 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2023 | 990 | 2023-07-01 – 2024-06-30 | $3.7M | $3.6M | $299K |
| 2022 | 990 | 2022-07-01 – 2023-06-30 | $3.5M | $3.5M | $218K |
| 2021 | 990 | 2021-07-01 – 2022-06-30 | $1.8M | $1.6M | $189K |
Frequently Asked Questions
What does Lifesong Inc do?
LIFESONG SEEKS TO PROMOTE THE GOSPEL OF JESUS CHRIST THROUGH CARING FOR ORPHANS, SUPPORTING AND EDUCATING CHILDREN THROUGH GLOBAL CHRISTIAN ORPHAN CARE MINISTRIES, SERVING CHRISTIAN ADOPTIVE FAMILIES, AND PROVIDING CHRISTIAN FOSTER CARE INITIATIVES.
How much revenue does Lifesong Inc have?
Lifesong Inc reported $3,675,054 in total revenue for tax year 2023, up 5.0% from the prior year.
Who is the highest-paid executive at Lifesong Inc?
N ANDREW LEHMAN, VICE-PRESIDENT, received $241,522 in total compensation as of tax year 2023.
Is Lifesong Inc a 501(c)(3)?
Yes, Lifesong Inc is classified as a 501(c)(3) tax-exempt organization.
Where is Lifesong Inc located?
Lifesong Inc is headquartered in GRIDLEY, IL 61744.
How many employees does Lifesong Inc have?
Lifesong Inc has 41 employees and 3 volunteers as of tax year 2023.
What type of nonprofit is Lifesong Inc?
Lifesong Inc is classified under NTEE code P80 (Services for the Aged), within the Human Services category. It is a 501(c)(3) tax-exempt organization.
Is Lifesong Inc audited?
Yes, Lifesong Inc's financial statements are audited, and the organization has an audit committee.
How much does Lifesong Inc spend on fundraising?
Lifesong Inc reported $789,859 in fundraising expenses for tax year 2023, which represents 22.0% of total expenses.
Data Source
Prepared by: KOCH CONSULTANTS LTD, TREMONT, IL
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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