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Nonprofit · EIN 20-1643998

LIFES POTENTIAL SERVICES INC

Tax-exempt (reinstated) · WESTMINSTER, MD 21158

Financials

$619K$560K2023$325K$332K2024$64K$47K2025
Revenue Expenses · by fiscal year end
Financials of LIFES POTENTIAL SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$64,475$46,896$17,579$161,716$65,120$96,596
December 31, 2024990$324,960$331,848-$6,888$158,921$79,904$79,017
December 31, 2023990$618,682$559,506$59,176$140,222$54,317$85,905
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$64,475
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$12,620
Salaries, compensation and benefits (total)
$13,610
Professional fundraising fees
$0
Accounting fees
$8,535
Depreciation
$725
Program services (functional)
$46,171
Management and general (functional)
$725

Balance sheet and other

Total assets, start of year
$158,921
Total assets, end of year
$161,716
Total liabilities, end of year
$65,120
Net assets, end of year
$96,596
Gross receipts
$64,475
Employees
0
Year formed
2004
State of legal domicile
MD

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
KAREN BYRDPRESIDENT
Officer
40$0
990 for the year ended December 31, 2024: 1 people
NameTitleHours / weekCompensation
KAREN BYRDPRESIDENT
Officer
40$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
KAREN BYRDPRESIDENT
Officer
40$0

Address and contacts

Address (IRS master file)
389 SILVER RUN VALLEY RD, WESTMINSTER, MD 21158-1219
In care of
% KAREN BYRD
Mailing address (990-N for 2018)
389 Silver Run Valley Rd, Westminster MD 21158
Principal officer (990-N for 2018)
Karen Byrd, 389 Silver Run Valley Rd, Westminster MD 21158
Signed the 990
KAREN BYRD, PRESIDENT
Phone
(443) 289-8149
Return prepared by
Friedman and Associates PA

Mission

substance abuse counseling center

990 for the year ended December 31, 2025

Program accomplishments

  • Substance abuse counseling center
    Expenses $46,171 · revenue $64,475

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-1643998
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$161,716
Income (IRS master file)
$64,475

Revocation and reinstatement

Exemption revoked
May 15, 2013
Posted by the IRS
February 10, 2014
Reinstated
Effective October 15, 2015

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$64,475$46,896$161,716XML
990December 2024$324,960$331,848$158,921XML
990December 2023$618,682$559,506$140,222XML
990December 2022$486,246$528,742$114,476IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-N for 2018
Officer: Karen Byrd
December 31, 2018≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-1643998).

Questions about LIFES POTENTIAL SERVICES INC

What is the EIN of LIFES POTENTIAL SERVICES INC?
The employer identification number (EIN) of LIFES POTENTIAL SERVICES INC is 20-1643998.
Is LIFES POTENTIAL SERVICES INC tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2013 and reinstated it effective October 15, 2015.
Are donations to LIFES POTENTIAL SERVICES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFES POTENTIAL SERVICES INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIFES POTENTIAL SERVICES INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFES POTENTIAL SERVICES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LIFES POTENTIAL SERVICES INC?
The 990-N for 2018 names Karen Byrd.
Who are the officers and directors of LIFES POTENTIAL SERVICES INC?
The 990 for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does LIFES POTENTIAL SERVICES INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $64,475, expenses of $46,896 and total assets of $161,716 at year end.

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