Nonprofit · EIN 41-1900808
LIFE PREP
Tax-exempt · SAINT PAUL, MN 55106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,035,644 | $2,756,198 | $279,446 | $2,393,875 | $4,168,820 | -$1,774,945 |
| June 30, 2024 | 990 | $3,032,971 | $2,888,485 | $144,486 | $2,888,225 | $4,942,616 | -$2,054,391 |
| June 30, 2023 | 990 | $3,530,724 | $3,263,226 | $267,498 | $3,734,476 | $5,933,353 | -$2,198,877 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $2,962,579
- of which government grants
- $2,962,579
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $73,065
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,328,973
- Salaries, compensation and benefits (total)
- $1,337,418
- Professional fundraising fees
- $0
- Accounting fees
- $66,000
- Travel
- $201,789
- Depreciation
- $195,312
- Program services (functional)
- $2,480,579
- Management and general (functional)
- $275,619
Balance sheet and other
- Total assets, start of year
- $2,888,225
- Total assets, end of year
- $2,393,875
- Total liabilities, end of year
- $4,168,820
- Net assets, end of year
- -$1,774,945
- Land, buildings and equipment
- $20,207
- Gross receipts
- $3,035,644
- Employees
- 23
- Volunteers
- 0
- Year formed
- 1998
- State of legal domicile
- MN
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DARLA BENJAMIN | MEMBER Officer | 40 | $108,218 |
| CHRISTINE OBERMUELLER | SECRETARY Trustee or director | 40 | $68,588 |
| MADISON THEUSCH | TEACHER MEMBER Trustee or director | 40 | $61,707 |
| BETH LARSON | VICE CHAIR Trustee or director | 40 | $48,329 |
| KAYTE REGAN | BOARD CHAIR Trustee or director | 5 | $0 |
| BRITTANY HUGHS | TEACHER MEMBER Trustee or director | 5 | $0 |
| KATIE GOGO | MEMBER Trustee or director | 5 | $0 |
| GILLIAN SWABY | MEMBER Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH JONES | EXECUTIVE DIRECTOR Officer, Highest-paid employee | 40 | $108,218 |
| BETH LARSON | TEACHER MEMBER Trustee or director | 40 | $68,588 |
| CHRISTINE OBERMUELLER | SECRETARY Trustee or director | 40 | $61,707 |
| BRITTANY HUGHS | TEACHER MEMBER Trustee or director | 40 | $48,329 |
| NOU YANG | BOARD CHAIR Trustee or director | 5 | $0 |
| GILLIAN SWABY | MEMBER Trustee or director | 5 | $0 |
| MADISON THEUSCH | TEACHER MEMBER Trustee or director | 5 | $0 |
990 for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LEAH JONES | TEACHER Trustee or director, Key employee | 40 | $109,840 |
| BETH LARSON | TEACHER MEMBER Trustee or director | 40 | $65,377 |
| CHRISTINE OBERMUELLER | SECRETARY Trustee or director, Officer | 40 | $59,119 |
| KATIE SCHLOSSER | TREASURER Trustee or director, Officer | 40 | $49,956 |
| NOU YANG | BOARD CHAIR Trustee or director, Officer | 5 | $0 |
| MICHAEL DAY | VICE CHAIR Trustee or director, Officer | 5 | $0 |
| GILLIAN SWABY | MEMBER Trustee or director | 5 | $0 |
| JENNIE THAO | MEMBER Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 930 GERANIUM AVE E, SAINT PAUL, MN 55106-2610
- In care of
- % DESIGNS FOR LEARNING
- Principal officer (990 for 2024)
- KAYTE REGAN, 930 GERANIUM AVENUE EAST, SAINT PAUL, MN 55106
- Signed the 990
- KAYTE REGAN, BOARD CHAIR
- Phone
- (651) 793-6624
- Website
- WWW.LIFEPREPSCHOOL.ORG
- Return prepared by
- THOMAS & COMPANY CPA PA
Mission
SEE SCHEDULE O
Program accomplishments
- EDUCATIONAL SERVICESExpenses $2,317,602 · revenue $2,838,297
- FOOD SERVICESExpenses $154,316 · revenue $148,728
- Expenses $8,661 · revenue $797
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1900808
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99Z)
- Assets (IRS master file)
- $2,393,875
- Income (IRS master file)
- $3,035,644
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,035,644 | $2,756,198 | $2,393,875 | XML |
| 990 | June 2024 | $3,032,971 | $2,888,485 | $2,888,225 | XML |
| 990 | June 2023 | $3,530,724 | $3,263,226 | $3,734,476 | XML |
| 990 | June 2022 | $4,522,530 | $4,462,193 | $2,297,160 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 41-1900808).
Questions about LIFE PREP
- What is the EIN of LIFE PREP?
- The employer identification number (EIN) of LIFE PREP is 41-1900808.
- Is LIFE PREP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to LIFE PREP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE PREP 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 PREP due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIFE PREP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of LIFE PREP?
- The 990 for the year ended June 30, 2025 names KAYTE REGAN.
- Who are the officers and directors of LIFE PREP?
- The 990 for the year ended June 30, 2025 lists 8 people; 4 received compensation from the organization, the highest $108,218 (DARLA BENJAMIN, MEMBER).
- How much revenue does LIFE PREP have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,035,644, expenses of $2,756,198 and total assets of $2,393,875 at year end.
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