Nonprofit · EIN 20-5521484
LIFELINE CHILD & FAMILY SERVICESINC
Tax-exempt · CORSICANA, TX 75110
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $837,606 | $988,789 | -$151,183 | $1,275,917 | $839,863 | $436,054 |
| December 31, 2023 | 990 | $852,918 | $1,115,239 | -$262,321 | $1,112,722 | $525,485 | $587,237 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $181,601
- of which government grants
- $150,000
- Program service revenue
- $625,464
- Investment income
- $27,700
- Net gain from sales of assets
- $27,700
- Other revenue
- $2,841
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $97,542
- Other salaries and wages
- $234,045
- Salaries, compensation and benefits (total)
- $386,001
- Professional fundraising fees
- $0
- Accounting fees
- $62,342
- Occupancy
- $3,762
- Travel
- $9,742
- Depreciation
- $29,733
- Program services (functional)
- $864,376
- Management and general (functional)
- $124,413
Balance sheet and other
- Total assets, start of year
- $1,112,722
- Total assets, end of year
- $1,275,917
- Total liabilities, end of year
- $839,863
- Net assets, end of year
- $436,054
- Land, buildings and equipment
- $645,378
- Net assets without donor restrictions
- $436,054
- Gross receipts
- $1,069,906
- Employees
- 13
- Year formed
- 2005
- State of legal domicile
- TX
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICKY WALTER | BOARD PRESID Trustee or director, Officer | 40 | $97,542 |
| ETTA FERRELL | SECRETARY Trustee or director, Officer | 1 | $0 |
| BEV OTT | TREASURER Trustee or director, Officer | 1 | $0 |
| ANN PERRY | BOARD MEMBER Trustee or director | 1 | $0 |
| MOLLY SPARKS-WALKER | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICKY WALTER | EXEC DIR./LC Trustee or director | 40 | $100,321 |
| TANYAU BOATRIGHT | BOARD MEMBER Trustee or director | 1 | $0 |
| KATRINA HORNBUGOR | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| ANN PERRY | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DAVID SALAZAR | BOARD MEMBER Trustee or director | 1 | $0 |
| JEREMY TEAGUE | BOARD MEMBER Trustee or director | 1 | $0 |
| HAYWOOD THOMAS | BOARD MEMBER Trustee or director | 1 | $0 |
| RICKY WALTER | BOARD MEMBE Trustee or director | 1 | $0 |
| YOLANDA WEBSTER | BOARD MEMBER Trustee or director | 1 | $0 |
| RACHEL ZAPATA | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 5301 W STATE HIGHWAY 31, CORSICANA, TX 75110-9296
- In care of
- % KARLA HOERIG
- Principal officer (990 for 2024)
- RICKY WALTER
- Signed the 990
- RICKY WALTER, BOARD PRESIDENT
- Phone
- (903) 872-7700
- Return prepared by
- LUDWICK MONTGOMERY & STAPP PC
Mission
FOSTER CARE AND ADOPTION. PLACE TROUBLED AND NEGLECTED YOUTH INTO FOSTER FAMILY HOMES AND COORDINATE OF TROUBLED AND NEGLECTED YOUTH.
Program accomplishments
- FOSTER CARE - PROVIDE BASIC, THERAPEUTIC, AND HABILITIVE FOSTER CARE ADOPTION - PLACE CHILDREN IN PERMANENT HOMES.Expenses $864,376 · revenue $775,464
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 | Not 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
- 20-5521484
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2007
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P40)
- Assets (IRS master file)
- $1,275,917
- Income (IRS master file)
- $1,069,906
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $837,606 | $988,789 | $1,275,917 | XML |
| 990 | December 2023 | $852,918 | $1,115,239 | $1,112,722 | XML |
| 990 | December 2022 | $1,810,179 | $1,504,813 | $1,787,789 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 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 20-5521484).
Questions about LIFELINE CHILD & FAMILY SERVICESINC
- What is the EIN of LIFELINE CHILD & FAMILY SERVICESINC?
- The employer identification number (EIN) of LIFELINE CHILD & FAMILY SERVICESINC is 20-5521484.
- Is LIFELINE CHILD & FAMILY SERVICESINC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
- Are donations to LIFELINE CHILD & FAMILY SERVICESINC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFELINE CHILD & FAMILY SERVICESINC 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 LIFELINE CHILD & FAMILY SERVICESINC 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 LIFELINE CHILD & FAMILY SERVICESINC 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 LIFELINE CHILD & FAMILY SERVICESINC?
- The 990 for the year ended December 31, 2024 names RICKY WALTER.
- Who are the officers and directors of LIFELINE CHILD & FAMILY SERVICESINC?
- The 990 for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $97,542 (RICKY WALTER, BOARD PRESID).
- How much revenue does LIFELINE CHILD & FAMILY SERVICESINC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $837,606, expenses of $988,789 and total assets of $1,275,917 at year end.
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