Nonprofit · EIN 56-1201695
LIFE EXPERIENCES INC
Tax-exempt · CARY, NC 27512
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $328,167 | $198,026 | $130,141 | $1,686,334 | $20,581 | $1,665,753 |
| June 30, 2024 | 990 | $458,873 | $157,613 | $301,260 | $1,545,745 | $27,605 | $1,518,140 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $148,101
- of which government grants
- $12,398
- Program service revenue
- $0
- Investment income
- $31,823
- Net rental income
- $145,636
- Net gain from sales of assets
- $10,627
- Net income from fundraising events
- $2,607
- Other revenue
- $148,243
Expenses
- Grants and similar amounts paid
- $108,469
- Compensation of officers, directors and key employees
- $57,760
- Salaries, compensation and benefits (total)
- $62,166
- Professional fundraising fees
- $0
- Accounting fees
- $4,800
- Occupancy
- $387
- Depreciation
- $175
- Program services (functional)
- $178,086
- Management and general (functional)
- $17,470
- Fundraising (functional)
- $2,470
Balance sheet and other
- Total assets, start of year
- $1,545,745
- Total assets, end of year
- $1,686,334
- Total liabilities, end of year
- $20,581
- Net assets, end of year
- $1,665,753
- Land, buildings and equipment
- $799,044
- Net assets without donor restrictions
- $1,665,753
- Gross receipts
- $495,371
- Employees
- 1
- Volunteers
- 20
- Year formed
- 1979
- State of legal domicile
- NC
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 |
|---|---|---|---|---|
| MICHELLE HILE | EXECUTIVE DIRECTOR Officer | 25 | $49,290 | $1,760 |
| CASEY WILSON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MARK NEWMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOHNNY GUEMPLE | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| TRACY SERVISS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| SHEILA BYRNES-NEDOMA | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| A MICHAEL CUOMO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DANIELLE FUHRMAN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HAROLD K JORDAN JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| HARRY MONTGOMERY JR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WALT PARKER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| REBECCA TURNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE HILE | EXECUTIVE DIRECTOR Officer | 25 | $58,200 |
| MARK NEWMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| JOHNNY GUEMPLE | TREASURER Trustee or director, Officer | 2 | $0 |
| FRANCES LUCAS GRANT | SECRETARY Trustee or director, Officer | 2 | $0 |
| A MICHAEL CUOMO | CHAIR Trustee or director, Officer | 2 | $0 |
| CASEY WILSON | BOARD MEMBER Trustee or director | 1 | $0 |
| WALT PARKER | BOARD MEMBER Trustee or director | 1 | $0 |
| HARRY MONTGOMERY JR | BOARD MEMBER Trustee or director | 1 | $0 |
| TRACY SERVISS | BOARD MEMBER Trustee or director | 1 | $0 |
| HAROLD K JORDAN JR | BOARD MEMBER Trustee or director | 1 | $0 |
| SHEILA BYRNES-NEDOMA | BOARD MEMBER Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 36, CARY, NC 27512-0036
- Principal officer (990 for 2024)
- MICHELLE HILE, PO BOX 282, MORRISVILLE, NC 27560
- Signed the 990
- JOHNNY GUEMPLE, TREASURER
- Phone
- (919) 467-1973
- Website
- LIFEEXPERIENCES.ORG
- Return prepared by
- THOMAS JUDY & TUCKER PA
Mission
TO SERVE AND IMPROVE THE LIVES OF ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND THEIR FAMILIES THROUGHOUT THE TRIANGLE REGION. WITH COMMITMENT AND PASSION, LE ADVOCATES, ASSISTS WITH FINANCIAL RESOURCES, AND BECOMES A SOURCE OF INFORMATION IN WAYS THAT ARE LIFE-CHANGING. LE SEEKS TO CREATE A COMMUNITY WHERE ADULTS WITH I/DD HAVE ACCESS TO PROGRAMS, ENRICHMENT ACTIVITIES, VOCATIONAL TRAINING, AND JOB OPPORTUNITIES THAT ENABLE A PRODUCTIVE AND FULFILLED LIFE.
Program accomplishments
- LIFE EXPERIENCES' SCHOLARSHIP PROGRAM PROVIDES SCHOLARSHIPS FOR ADULTS WITH INTELLECTUAL AND DEVELOPMENTAL DISABILITIES TO SUPPLEMENT THE FUNDING GAP FOR FAMILIES WHO DEMONSTRATE EVIDENCE OF NEED. THESE SCHOLARSHIPS ENABLE FAMILIES TO ACCESS PROGRAMMING FOR I/DD ADULTS. LE AWARDED SCHOLARSHIPS AND AWARDS OF MORE THAN $108,000 TO 30 INDIVIDUALS DURING FISCAL YEAR 2024-2025.Expenses $178,086 · grants $108,469
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
- 56-1201695
- 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
- 1979
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,686,334
- Income (IRS master file)
- $495,371
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $328,167 | $198,026 | $1,686,334 | XML |
| 990 | June 2024 | $458,873 | $157,613 | $1,545,745 | XML |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $381,265 | $188,723 | $1,499,535 | IRS |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $236,760 | $150,040 | $1,381,173 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | 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 56-1201695).
Questions about LIFE EXPERIENCES INC
- What is the EIN of LIFE EXPERIENCES INC?
- The employer identification number (EIN) of LIFE EXPERIENCES INC is 56-1201695.
- Is LIFE EXPERIENCES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1979.
- Are donations to LIFE EXPERIENCES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE EXPERIENCES 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 EXPERIENCES 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 LIFE EXPERIENCES 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 LIFE EXPERIENCES INC?
- The 990 for the year ended June 30, 2025 names MICHELLE HILE.
- Who are the officers and directors of LIFE EXPERIENCES INC?
- The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $49,290 (MICHELLE HILE, EXECUTIVE DIRECTOR).
- How much revenue does LIFE EXPERIENCES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $328,167, expenses of $198,026 and total assets of $1,686,334 at year end.
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