Nonprofit · EIN 59-1561501
LIFESTREAM BEHAVIORAL CENTER INC
Tax-exempt · LEESBURG, FL 34749
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 (amended) | $66,061,945 | $61,419,030 | $4,642,915 | $77,025,804 | $13,617,849 | $63,407,955 |
| June 30, 2024 | 990 | $62,479,132 | $58,862,449 | $3,616,683 | $75,283,040 | $16,518,000 | $58,765,040 |
| June 30, 2023 | 990 | $70,094,683 | $62,498,594 | $7,596,089 | $72,491,247 | $18,635,251 | $53,855,996 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $52,305,419
- of which government grants
- $41,110,787
- Program service revenue
- $11,125,842
- Investment income
- $1,693,815
- Net rental income
- $578,092
- Net gain from sales of assets
- $1,105,815
- Other revenue
- $936,869
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $293,808
- Other salaries and wages
- $33,909,916
- Salaries, compensation and benefits (total)
- $40,939,286
- Professional fundraising fees
- $0
- Legal fees
- $57,200
- Accounting fees
- $143,520
- Occupancy
- $2,393,600
- Travel
- $305,057
- Depreciation
- $2,042,319
- Program services (functional)
- $49,880,688
- Management and general (functional)
- $11,538,342
Balance sheet and other
- Total assets, start of year
- $75,283,040
- Total assets, end of year
- $77,025,804
- Total liabilities, end of year
- $13,617,849
- Net assets, end of year
- $63,407,955
- Land, buildings and equipment
- $29,869,032
- Publicly traded securities
- $11,006,923
- Net assets without donor restrictions
- $63,407,955
- Gross receipts
- $66,061,945
- Employees
- 1,015
- Volunteers
- 9
- Year formed
- 1971
- State of legal domicile
- FL
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 | Other / benefits |
|---|---|---|---|---|
| Abid Darr | Psychiatrist Highest-paid employee | 40 | $365,964 | $21,504 |
| Thomas Valente | Physician/Medical Director Highest-paid employee | 40 | $309,071 | $26,439 |
| Miguel Correa | Psychiatrist Highest-paid employee | 40 | $293,960 | $26,160 |
| Rick Hankey | President & CEO Officer | 40 | $293,808 | $13,861 |
| Jonathan Cherry | Advisor Highest-paid employee | 40 | $251,820 | $18,965 |
| Margaret Yearwood | Physicians Assistant Highest-paid employee | 40 | $173,764 | $19,112 |
| Frank Pelot | Chairman (11/24-6/25) Trustee or director, Officer | 0.25 | $0 | $0 |
| Timothy Morris | Chairman (7/24-10/24) Trustee or director, Officer | 0.25 | $0 | $0 |
| Paul Jones | Vice Chairman Trustee or director, Officer | 0.25 | $0 | $0 |
| Michael Sleaford | Treasurer Trustee or director, Officer | 0.25 | $0 | $0 |
| Doug Childers Jr | Secretary Trustee or director, Officer | 0.25 | $0 | $0 |
| Bruce Duncan | Director Trustee or director | 0.25 | $0 | $0 |
| Charles Mojock | Director Trustee or director | 0.25 | $0 | $0 |
| Doug Childers Jr | Director Trustee or director | 0.25 | $0 | $0 |
| Jennifer Hill | Director Trustee or director | 0.25 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jon Simpson | Director Trustee or director | 0.25 | $0 |
| Morgan Schroeder | Director Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Jonathan Cherry | Advisor Highest-paid employee | 40 | $467,657 | $29,010 |
| Abid Darr | Psychiatrist Highest-paid employee | 40 | $331,905 | $28,355 |
| Thomas Valente | Physician/Medical Director Highest-paid employee | 40 | $275,620 | $25,934 |
| Miguel Correa | Psychiatrist Highest-paid employee | 40 | $268,678 | $24,702 |
| Rick Hankey | President & CEO Officer | 40 | $271,419 | $21,243 |
| David Dada | Psychiatrist Highest-paid employee | 40 | $236,843 | $19,455 |
| Carol Dozier | Chief Financial Officer Officer | 40 | $210,581 | $12,999 |
| Timothy Morris | Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Paul Jones | Vice Chairman Trustee or director, Officer | 0.5 | $0 | $0 |
| Michael Sleaford | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 |
| Heather Bigard | Secretary Trustee or director, Officer | 0.5 | $0 | $0 |
| Bruce Duncan | Director Trustee or director | 0.5 | $0 | $0 |
| Bruce Saylor | Director Trustee or director | 0.5 | $0 | $0 |
| Charles Mojock | Director Trustee or director | 0.5 | $0 | $0 |
| Doug Childers Jr | Director Trustee or director | 0.5 | $0 | $0 |
| Frank Pelot | Director Trustee or director | 0.5 | $0 | $0 |
| Jennifer Hill | Director Trustee or director | 0.5 | $0 | $0 |
| Jon Simpson | Director Trustee or director | 0.5 | $0 | $0 |
| Morgan Schroeder | Director Trustee or director | 0.5 | $0 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JONATHAN CHERRY | PRESIDENT & CEO (END. JUNE 2023) Former | 40 | $365,065 | $62,966 |
| ABID DARR | PSYCHIATRIST Highest-paid employee | 40 | $326,193 | $56,262 |
| THOMAS VALENTE | MEDICAL DIRECTOR Key employee | 40 | $301,560 | $52,013 |
| MIGUEL CORREA | PSYCHIATRIST Highest-paid employee | 40 | $265,024 | $45,712 |
| EDGAR WALKER | PSYCHIATRIST Highest-paid employee | 40 | $243,148 | $41,938 |
| DAVID DADA | PSYCHIATRIST Highest-paid employee | 40 | $223,548 | $38,557 |
| RICK HANKEY | PRESIDENT & CEO (BEG. JUNE 2023) Officer | 40 | $221,840 | $38,263 |
| SUSAN RESNIK | APRN Highest-paid employee | 40 | $172,616 | $29,772 |
| CAROL E DOZIER | CHIEF FINANCIAL OFFICER Officer | 40 | $154,837 | $26,707 |
| TIMOTHY MORRIS | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| PAUL M JONES | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 |
| MICHAEL SLEAFORD | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| DR HEATHER BIGARD | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| BRUCE DUNCAN | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| BRUCE SAYLOR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DR CHARLES MOJOCK | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| DOUG CHILDERS JR | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| FRANK PELOT | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JENIFFER HILL | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JON SIMPSON | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| MORGAN SCHROEDER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 491000, LEESBURG, FL 34749-1000
- Principal officer (990 for 2024)
- Rick Hankey, PO Box 491000, Leesburg, FL 34749
- Signed the 990
- Rick Hankey, President & CEO
- Phone
- (352) 315-7500
- Website
- LSBC.NET
- Return prepared by
- Fontana CPAS
Mission
Supporting recovery, promoting health, and creating hope.
Program accomplishments
- Lifestream provides services to the youth in our community via its comprehensive array of childrens services including intervention, outpatient and on-site treatment. Each program is designed to meet the rigorous standards of Lifestreams funding sources which also includes incorporating EBP or Evidence-Based-Practices as documented in Lifestreams fully integrated EHR or Electronic Health Record systems. For FY 2025, 5,102 children were seen for almost 79,058 visits.Expenses $12,582,411 · revenue $11,114,802
- (1) The Florida state legislature recognized Lifestreams commitment to excellence by awarding recurring funding to the agencys innovative 16 bed residential program Road To Home, which helps individuals transition from costly state long term psychiatric hospitals to their local community. (2) Lifestream established the first of its kind medication-assisted treatment for consumers struggling with drug and alcohol addictions. The Florida Department of Children and Families and the Florida Alcohol and Drug Abuse Association selected Lifestream to provide medication assisted therapy to persons with substance abuse disorders who are also involved with the criminal justice system. (3) When the juvenile Treatment Alternatives for Safer Communities (TASC) program for the five counties in judicial circuit 5 were about to close, Lutheran Services of Florida turned to Lifestream to keep this vital service going and growing. (4) The Federal Substance Abuse and Mental Health Service Administration acknowledged Lifestream as a national leader in integrated primary/behavioral health care by awarding it a second grant to open an integrated behavioral health/primary care clinic in Clermont, FL. The clinic was awarded state funding as well to reduce hospital and emergency room admission rates by providing primary care and care coordination services to individuals with severe and chronic mental illness. (5) Lifestream opened a vital fifteen-bed residential program at Anthony House to care for pregnant and post-partum women with substance use disorders and their children. (6) Lifestream partners with the Eustis Community Foundation to establish the Open Door, a day-shelter for homeless persons living in the Eustis area. The program serves as average of 25 homeless individuals and family members daily. (7)The Lifestream Lake Academies continue their long partnership with the Lake County School Board to serve youngsters with serious emotional and behavioral disorders. The Academies involve kids families as well through the Strong United Resilient Families (SURF) program, an educational and skills-based parenting program recognized nationally as both a best and evidence-based practice. (8) The National Council on Behavioral Health selected Lifestream to lead the way as a learning community in the cessation of tobacco use by consumers and staff. By the end of the year, all Lifestream campuses and facilities had been designated tobacco-free. (9) Lifestream was selected by its managing entity to lead its zero suicide initiative to eliminate teen suicides through education, improved screening, early intervention and care coordination. (10) Lifestreams ongoing efforts to improve its consumers experience and health outcomes while simultaneously lowering costs led to the creation of Progress Health Systems Inc., a nonprofit health system designed to help affiliates increase revenues and reduce costs in order to better serve individuals with mental illness and substance use disorders in Lake, Sumter, Marion, Citrus, Orange, Osceola, and Hernando Counties in Central Florida.Expenses $37,298,277 · revenue $11,040
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
- 59-1561501
- 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
- 1975
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Health care (E24)
- Assets (IRS master file)
- $78,025,804
- Income (IRS master file)
- $67,061,945
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $67,061,945 | $61,901,030 | $78,025,804 | IRS |
| 990 | June 2024 | $62,479,132 | $58,862,449 | $75,283,040 | IRS |
| 990 | June 2023 | $70,094,683 | $62,498,594 | $72,491,247 | XML |
| 990 | June 2022 | $60,115,627 | $55,366,106 | $63,172,332 | 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 59-1561501).
Questions about LIFESTREAM BEHAVIORAL CENTER INC
- What is the EIN of LIFESTREAM BEHAVIORAL CENTER INC?
- The employer identification number (EIN) of LIFESTREAM BEHAVIORAL CENTER INC is 59-1561501.
- Is LIFESTREAM BEHAVIORAL CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1975.
- Are donations to LIFESTREAM BEHAVIORAL CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFESTREAM BEHAVIORAL CENTER 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 LIFESTREAM BEHAVIORAL CENTER INC 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 LIFESTREAM BEHAVIORAL CENTER INC 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 LIFESTREAM BEHAVIORAL CENTER INC?
- The 990 for the year ended June 30, 2025 names Rick Hankey.
- Who are the officers and directors of LIFESTREAM BEHAVIORAL CENTER INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 6 received compensation from the organization, the highest $365,964 (Abid Darr, Psychiatrist).
- How much revenue does LIFESTREAM BEHAVIORAL CENTER INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $66,061,945, expenses of $61,419,030 and total assets of $77,025,804 at year end.
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