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Nonprofit · EIN 20-5723732

LIFE SKILLS FOR YOUTH

Tax-exempt · BURR RIDGE, IL 60527

Financials

$1.7M$1.8M2023$1.5M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of LIFE SKILLS FOR YOUTH by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,515,499$1,387,427$128,072$540,900$569,179-$28,279
December 31, 2023990$1,677,228$1,766,193-$88,965$50,971$175,485-$124,514
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,082,110
of which government grants
$1,082,110
Program service revenue
$433,389
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$773,163
Salaries, compensation and benefits (total)
$773,163
Professional fundraising fees
$0
Legal fees
$48,268
Accounting fees
$4,966
Occupancy
$66,535
Travel
$38,871
Depreciation
$4,770
Program services (functional)
$1,090,224
Management and general (functional)
$297,203

Balance sheet and other

Total assets, start of year
$50,971
Total assets, end of year
$540,900
Total liabilities, end of year
$569,179
Net assets, end of year
-$28,279
Land, buildings and equipment
$380,845
Net assets without donor restrictions
-$28,279
Gross receipts
$1,515,499
Employees
51

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, 2024, highest compensation first.

NameTitleHours / weekCompensation
LARRY CLARKEXECUTIVE DI
Trustee or director, Officer
50$144,600
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
LARRY CLARKEXECUTIVE DI
Trustee or director, Officer
50$239,200

Address and contacts

Address (IRS master file)
7420 S COUNTY LINE RD 16, BURR RIDGE, IL 60527-7947
In care of
% LARRY W CLARK SR
Principal officer (990 for 2024)
LARRY CLARK, 1608 CALGARY TR, LITTLE ROCK, AR 72211
Signed the 990
LARRY CLARK, EXECUTIVE DIRECTOR
Phone
(501) 517-2755
Return prepared by
TODD & ASSOCIATES CPAS

Mission

TO PROVIDE PERSONAL DEVELOPMENT EDUCATIONAL ENHANCEMENT, AND CAREER PREPARATION, WHICH WILL CREATE A FOUNDATION FOR SUCCESS IN LIFE. TO PROVIDE AFTER-SCHOOL AND SUMMER PROGRAMS FOR YOUTH AND YOUNG ADULTS FULFILLING THE NEED FOR EFFECTIVE SUPPLEMENTAL EDUCATION AND PHYSICAL FITNESS PROGRAMS OUTSIDE OF TRADITIONAL ACADEMIC SETTINGS.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING AFTER-SCHOOL AND SUMMER PROGRAMS FOR YOUTH AND YOUNG ADULTS FULFILLING THE NEED FOR EFFECTIVE SUPPLEMENTAL EDUCATION AND PHYSICAL FITNESS.
    Expenses $394,377
  • PROVIDING AFTER-SCHOOL AND SUMMER PROGRAMS FOR YOUTH AND YOUNG ADULTS FULFILLING THE NEED FOR EFFECTIVE SUPPLEMENTAL EDUCATION AND PHYSICAL FITNESS.
    Expenses $695,847

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
20-5723732
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$540,900
Income (IRS master file)
$1,515,499

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,515,499$1,387,427$540,900XML
990December 2023$1,677,228$1,766,193$50,971XML
990December 2022$1,438,549$1,402,040$160,148IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS

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 20-5723732).

Questions about LIFE SKILLS FOR YOUTH

What is the EIN of LIFE SKILLS FOR YOUTH?
The employer identification number (EIN) of LIFE SKILLS FOR YOUTH is 20-5723732.
Is LIFE SKILLS FOR YOUTH tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to LIFE SKILLS FOR YOUTH tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFE SKILLS FOR YOUTH 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 LIFE SKILLS FOR YOUTH due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFE SKILLS FOR YOUTH last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIFE SKILLS FOR YOUTH?
The 990 for the year ended December 31, 2024 names LARRY CLARK.
Who are the officers and directors of LIFE SKILLS FOR YOUTH?
The 990 for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $144,600 (LARRY CLARK, EXECUTIVE DI).
How much revenue does LIFE SKILLS FOR YOUTH have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,515,499, expenses of $1,387,427 and total assets of $540,900 at year end.

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