Nonprofit · EIN 26-2067497
LIFE EDUCATION & DEVELOPMENT INC
Tax-exempt · ORONO, ME 04473
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $113,004 | $87,221 | $25,783 | $42,796 | $0 | $42,795 |
| December 31, 2024 | 990-EZ | $122,533 | $161,001 | -$38,468 | $0 | – | -$11,761 |
| December 31, 2023 | 990-EZ | $127,942 | $126,059 | $1,883 | $26,707 | – | $26,707 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $113,004
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $57,775
- Salaries, compensation and benefits (total)
- $66,868
- Printing, publications and postage
- $911
- Other expenses
- $19,442
- Program services (functional)
- $12,206
Balance sheet and other
- Total assets, start of year
- $17,012
- Total assets, end of year
- $42,796
- Total liabilities, end of year
- $0
- Net assets, end of year
- $42,795
- Cash, savings and investments
- $42,796
- Gross receipts
- $113,004
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Douglass Palmeter | President and program dirsector | 28 | $57,775 | $7,257 |
| Burns Avery | Board member | 1 | $0 | $0 |
| Jacob Ramp | Board member | 1 | $0 | $0 |
| Francine Palmeter | Administrator and women dirsector | 15 | $0 | $0 |
| Peter Caron | Board member | 1 | $0 | $0 |
| Racheal Ramp | Board Member | 1 | $0 | $0 |
| Sally Kirkpatrick | Board member | 1 | $0 | $0 |
990-EZ for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglass Palmeter | President | 24 | $57,790 |
| Francine Palmeter | Administrator | 17 | $20,200 |
| Sally Kirkpatrick | Board of Directors | 0 | $0 |
| Burns Avery | Board of Directors | 1 | $0 |
| Pete Caron | Board of Directors | 0 | $0 |
| Jacob Ramp | Board of Directors | 0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Douglass Palmeter | Program director | 24 | $43,971 |
| Francine Palmeter | Administrator | 15 | $31,200 |
| Burns Avery | Board of Directors | 1 | $0 |
| Pete Caron | Board of Directors | 0 | $0 |
| Jacob Ramp | Board of Directors | 0 | $0 |
| Sally Kirkpatrick | Board of Directors | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 53, ORONO, ME 04473-0053
- Signed the 990-EZ
- Douglass Palmeter, President and Program Director
- Phone
- (207) 974-6100
Mission
To invite students into a grace and truth relationship with Christ and help students grow in character, spiritual, and leadership development.
Program accomplishments
- 2 campus wide programs 300 students to one and about 150 to another.Expenses $11,369
- 520 hours of mentoring and development to about 20 studentsExpenses $837
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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 26-2067497
- 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
- 2010
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50)
- Assets (IRS master file)
- $42,796
- Income (IRS master file)
- $113,004
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $113,004 | $87,221 | $42,796 | XML |
| 990-EZ | December 2024 | $122,533 | $161,001 | $0 | IRS |
| 990-EZ | December 2023 | $127,942 | $126,059 | $26,707 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | 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 26-2067497).
Questions about LIFE EDUCATION & DEVELOPMENT INC
- What is the EIN of LIFE EDUCATION & DEVELOPMENT INC?
- The employer identification number (EIN) of LIFE EDUCATION & DEVELOPMENT INC is 26-2067497.
- Is LIFE EDUCATION & DEVELOPMENT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to LIFE EDUCATION & DEVELOPMENT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE EDUCATION & DEVELOPMENT 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 EDUCATION & DEVELOPMENT 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 EDUCATION & DEVELOPMENT INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of LIFE EDUCATION & DEVELOPMENT INC?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 1 received compensation from the organization, the highest $57,775 (Douglass Palmeter, President and program dirsector).
- How much revenue does LIFE EDUCATION & DEVELOPMENT INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $113,004, expenses of $87,221 and total assets of $42,796 at year end.
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