Nonprofit · EIN 23-7050597
LIFE FOUNDATION INC
Tax-exempt · MARIETTA, GA 30066
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $679,535 | $676,542 | $2,993 | $4,633,711 | $1,064 | $4,632,647 |
| December 31, 2024 | 990 | $649,726 | $659,244 | -$9,518 | $4,874,229 | $1,993 | $4,872,236 |
| December 31, 2023 | 990 | $401,119 | $659,119 | -$258,000 | $4,393,702 | $301 | $4,393,401 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $210,172
- Program service revenue
- $0
- Investment income
- $469,363
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $207,176
- Compensation of officers, directors and key employees
- $98,509
- Other salaries and wages
- $206,238
- Salaries, compensation and benefits (total)
- $328,268
- Professional fundraising fees
- $0
- Accounting fees
- $7,822
- Occupancy
- $7,511
- Depreciation
- $17,977
- Program services (functional)
- $538,287
- Management and general (functional)
- $138,255
Balance sheet and other
- Total assets, start of year
- $4,698,246
- Total assets, end of year
- $4,633,711
- Total liabilities, end of year
- $1,064
- Net assets, end of year
- $4,632,647
- Land, buildings and equipment
- $189,983
- Publicly traded securities
- $4,303,140
- Net assets without donor restrictions
- $4,632,647
- Gross receipts
- $679,535
- Employees
- 13
- Volunteers
- 19
- Year formed
- 1964
- State of legal domicile
- GA
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR KIM WILLIAMS | CEO Officer, Highest-paid employee | 40 | $98,509 |
| JEAN RILEY | TRUSTEE Trustee or director | 1 | $0 |
| JIMMY STOKES | TRUSTEE Trustee or director | 1 | $0 |
| MICHAEL WANCHOW | TRUSTEE Trustee or director | 1 | $0 |
| SEAN TRAWICK | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM WILLIAMS | CEO Trustee or director, Officer | 40 | $98,509 |
| SHANNON TRAWICK | TRUSTEE Trustee or director | 4 | $0 |
| JIMMY STOKES | TRUSTEE Trustee or director | 1 | $0 |
| JEFF SASSER | TRUSTEE Trustee or director | 2 | $0 |
| SEAN TRAWICK | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM WILLIAMS | CEO Trustee or director, Officer | 40 | $98,509 |
| JEFF SASSER | TRUSTEE Trustee or director | 2 | $0 |
| AILEEN PRITCHARD | TRUSTEE Trustee or director | 1 | $0 |
| JIMMY STOKES | TRUSTEE Trustee or director | 1 | $0 |
| SHANNON TRAWICK | TRUSTEE Trustee or director | 4 | $0 |
Address and contacts
- Address (IRS master file)
- 1634 WHITE CIR STE 102, MARIETTA, GA 30066-5809
- In care of
- % DR KIM WILLIAMS
- Principal officer (990 for 2025)
- DR KIM WILLIAMS, 1634 WHITE CIRCLE UNIT 102, MARIETTA, GA 30066
- Signed the 990
- DR KIM WILLIAMS, GENERAL MANAGER
- Phone
- (770) 499-9209
- Return prepared by
- Tallmans Tax Service LLC
Mission
PROVIDING SERVICES TO THE COMMUNITY IN THE ESSENTIAL AREAS OF EDUCATION, WELLNESS, LEADERSHIP SKILLS, AND SPIRITUAL GROWTH, WE WILL IDENTIFY FUTURE LEADERS AND INVEST IN THEIR FUTURE...ONE COLLEGE STUDENT AT A TIME.
Program accomplishments
- DEDICATED TO PROVIDING LIFE ENHANCING ACTIVITIES AND SERVICES TO THE COMMUNITY IN THE ESSENTIAL AREAS OF EDUCATION, WELLNESS, LEADERSHIP SKILLS, AND SPIRITUAL GROWTH.Expenses $538,287 · grants $207,176 · revenue $679,535
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7050597
- 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
- 1970
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B00I)
- Assets (IRS master file)
- $4,633,711
- Income (IRS master file)
- $679,535
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $679,535 | $676,542 | $4,633,711 | IRS |
| 990 | December 2024 | $649,726 | $659,244 | $4,874,229 | XML |
| 990 | December 2023 | $401,119 | $659,119 | $4,393,702 | XML |
| 990 | December 2022 | $577,149 | $843,016 | $4,192,920 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 23-7050597).
Questions about LIFE FOUNDATION INC
- What is the EIN of LIFE FOUNDATION INC?
- The employer identification number (EIN) of LIFE FOUNDATION INC is 23-7050597.
- Is LIFE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1970.
- Are donations to LIFE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE FOUNDATION 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 LIFE FOUNDATION 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 LIFE FOUNDATION 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 LIFE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names DR KIM WILLIAMS.
- Who are the officers and directors of LIFE FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $98,509 (DR KIM WILLIAMS, CEO).
- How much revenue does LIFE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $679,535, expenses of $676,542 and total assets of $4,633,711 at year end.
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