Life Experiences

Serving adults with intellectual and developmental disabilities for over 40 years

Morrisville, NC | https://lifeexperiences.org

GuideStar Charity Check

Life Experiences

EIN: 56-1201695

Contributions tax deductible
as of August 2024

IRS BMF 509(a)(1)
as of August 12, 2024

View summary

Charity Check report

Mission

Life Experiences’ mission is 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. Our vision: For every adult with I/DD, equal access to programming and employment.

Ruling year info

1979

Executive Direcctor

Michelle Hile

Main address

PO Box 282

Morrisville, NC 27560 USA

Show more contact info

EIN

56-1201695

Subject area info

Developmental disability services

Population served info

People with intellectual disabilities

NTEE code info

Developmentally Disabled Services/Centers (P82)

Health Support Services (E60)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

In 1978, parents of persons with developmental disabilities were motivated to establish Life Experiences when they realized their children did not have any work opportunities upon completion of public schooling. From the four original client-employees to the more than 50 who work there today, Life Experiences has made an impact on countless employees, caregivers/families, and customers throughout the Cary, NC-area for over 40 years.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Scholarships for IDD adult services

As intellectually and developmentally disabled individuals and the families/caregivers supporting them exhaust the special education resources of the primary and secondary school systems, the financial burden involved in continuing to support the now-adults’ developmental needs often creates a significant financial burden. Life Experiences provides scholarships to these adults and their families to engage with locally-offered programming for IDD adults.
LE's scholarships were established to supplement the funding gap for families who demonstrate evidence of need.

Population(s) Served

People with intellectual disabilities

People with physical disabilities

Where we work

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

What is the organization aiming to accomplish?

Life Experiences’ goal is to provide a quality workplace and socialization environment for individuals with disabilities, allowing those individuals to continue to grow and learn within their community.

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Life Experiences

Fiscal year: Jul 01 - Jun 30

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2023

SOURCE: IRS Form 990

1.30

Average of 0.67 over 10 years

Months of cash in 2023

SOURCE: IRS Form 990

23.1

Average of 8.8 over 10 years

Fringe rate in 2023

SOURCE: IRS Form 990

5%

Average of 25% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Life Experiences

Revenue & expenses

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$74,508
Government Grants	$9,500
Program Services	$396,870
Investments	$22,842
Special Events	$65,421
Sales	$0
Other	$327
Total Revenue	$569,468

Expenses
Program Services	$542,174
Administration	$55,370
Fundraising	$2,810
Total Expenses	$600,354
Net Gain/Loss	($30,886)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$7,109
Interest Expenses	$38,244
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$79,222
Government Grants	$1,133
Program Services	$389,364
Investments	($28,102)
Special Events	$63,447
Sales	$0
Other	$852
Total Revenue	$505,916

Expenses
Program Services	$528,869
Administration	$71,506
Fundraising	$3,065
Total Expenses	$603,440
Net Gain/Loss	($97,524)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$14,319
Interest Expenses	$56,914
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$51,674
Government Grants	$10,550
Program Services	$411,163
Investments	($14,497)
Special Events	$63,577
Sales	$0
Other	$864
Total Revenue	$523,331

Expenses
Program Services	$475,173
Administration	$69,510
Fundraising	$2,995
Total Expenses	$547,678
Net Gain/Loss	($24,347)

Functional expenses
Accounting Fees	$22,700
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$12,996
Interest Expenses	$37,801
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$902
Professional Fundraising Expenses	$0

Revenue
Contributions	$62,348
Government Grants	$11,550
Program Services	$469,391
Investments	$29,242
Special Events	$58,499
Sales	$0
Other	$6,667
Total Revenue	$637,697

Expenses
Program Services	$448,682
Administration	$78,339
Fundraising	$2,718
Total Expenses	$529,739
Net Gain/Loss	$107,958

Functional expenses
Accounting Fees	$28,463
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$10,992
Interest Expenses	$36,372
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$46,114
Government Grants	$7,000
Program Services	$503,434
Investments	$2,434
Special Events	$69,636
Sales	$0
Other	$4,424
Total Revenue	$633,042

Expenses
Program Services	$485,926
Administration	$59,125
Fundraising	$2,832
Total Expenses	$547,883
Net Gain/Loss	$85,159

Functional expenses
Accounting Fees	$21,554
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$9,913
Interest Expenses	$32,958
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$4,404
Professional Fundraising Expenses	$0

Revenue
Contributions	$54,163
Government Grants	$8,532
Program Services	$482,172
Investments	$8,170
Special Events	$59,315
Sales	$0
Other	$1,255
Total Revenue	$613,607

Expenses
Program Services	$515,338
Administration	$58,915
Fundraising	$3,249
Total Expenses	$577,502
Net Gain/Loss	$36,105

Functional expenses
Accounting Fees	$20,124
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$12,019
Interest Expenses	$31,607
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$5,094
Professional Fundraising Expenses	$0

Revenue
Contributions	$41,782
Government Grants	$0
Program Services	$331,501
Investments	$7,260
Special Events	$70,325
Sales	$124,090
Other	$2,364
Total Revenue	$577,322

Expenses
Program Services	$515,433
Administration	$57,928
Fundraising	$3,756
Total Expenses	$577,117
Net Gain/Loss	$205

Functional expenses
Accounting Fees	$19,110
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$20,061
Interest Expenses	$30,046
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$1,802
Professional Fundraising Expenses	$0

Revenue
Contributions	$51,909
Government Grants	$5,000
Program Services	$332,902
Investments	$19,958
Special Events	$85,067
Sales	$124,436
Other	$5,803
Total Revenue	$625,075

Expenses
Program Services	$525,984
Administration	$63,502
Fundraising	$22,965
Total Expenses	$612,451
Net Gain/Loss	$12,624

Functional expenses
Accounting Fees	$21,055
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$15,431
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$4,182
Professional Fundraising Expenses	$0

Revenue
Contributions	$55,370
Government Grants	$0
Program Services	$342,039
Investments	$656,496
Special Events	$85,647
Sales	$125,830
Other	$4,500
Total Revenue	$1,269,882

Expenses
Program Services	$517,743
Administration	$87,060
Fundraising	$14,580
Total Expenses	$619,383
Net Gain/Loss	$650,499

Functional expenses
Accounting Fees	$21,283
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$13,501
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$3,685
Professional Fundraising Expenses	$0

Revenue
Contributions	$70,365
Government Grants	$5,800
Program Services	$352,806
Investments	$31,138
Special Events	$97,547
Sales	$115,013
Other	$2,328
Total Revenue	$674,997

Expenses
Program Services	$587,206
Administration	$142,742
Fundraising	$10,391
Total Expenses	$740,339
Net Gain/Loss	($65,342)

Functional expenses
Accounting Fees	$24,442
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$16,777
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$99,597
Government Grants	$20,000
Program Services	$360,810
Investments	$36,578
Special Events	$40,961
Sales	$141,684
Other	$3,808
Total Revenue	$703,438

Expenses
Program Services	$696,109
Administration	$125,869
Fundraising	$12,465
Total Expenses	$834,443
Net Gain/Loss	($131,005)

Functional expenses
Accounting Fees	$24,535
Advertising & Promotion	$2,572
Information Technology Expenses	$0
Insurance Expenses	$18,573
Interest Expenses	$22,108
Investment Management Fees	$1,576
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$88,596
Government Grants	$7,000
Program Services	$272,174
Investments	$62,076
Special Events	$50,042
Sales	$122,709
Other	$3,101
Total Revenue	$605,698

Expenses
Program Services	$625,588
Administration	$199,830
Fundraising	$10,194
Total Expenses	$835,612
Net Gain/Loss	($229,914)

Functional expenses
Accounting Fees	$71,647
Advertising & Promotion	$5,577
Information Technology Expenses	$0
Insurance Expenses	$11,433
Interest Expenses	$18,203
Investment Management Fees	$0
Legal Fees	$21,752
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$168,343
Government Grants	$146,550
Program Services	$75,304
Investments	$50,770
Special Events	$0
Sales	$65,978
Other	$5,330
Total Revenue	$512,275

Expenses
Program Services	$415,025
Administration	$89,620
Fundraising	$6,036
Total Expenses	$510,681
Net Gain/Loss	$1,594

Functional expenses
Accounting Fees	$14,895
Advertising & Promotion	$264
Information Technology Expenses	$0
Insurance Expenses	$9,739
Interest Expenses	$17,882
Investment Management Fees	$0
Legal Fees	$7,072
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$92,334
Government Grants	$0
Program Services	$0
Investments	$131,061
Special Events	$8,350
Sales	$3,433
Other	$1,582
Total Revenue	$236,760

Expenses
Program Services	$112,865
Administration	$35,041
Fundraising	$2,134
Total Expenses	$150,040
Net Gain/Loss	$86,720

Functional expenses
Accounting Fees	$15,355
Advertising & Promotion	$239
Information Technology Expenses	$0
Insurance Expenses	$2,395
Interest Expenses	$545
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$585
Professional Fundraising Expenses	$0

Revenue
Contributions	$150,796
Government Grants	$71,901
Program Services	$0
Investments	$157,625
Special Events	$5
Sales	$0
Other	$938
Total Revenue	$381,265

Expenses
Program Services	$134,694
Administration	$51,591
Fundraising	$2,438
Total Expenses	$188,723
Net Gain/Loss	$192,542

Functional expenses
Accounting Fees	$21,825
Advertising & Promotion	$1,100
Information Technology Expenses	$529
Insurance Expenses	$6,995
Interest Expenses	$0
Investment Management Fees	$2,674
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Life Experiences

Balance sheet

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jul 01, 2008	Jun 30, 2009	Change
Contributions	$74,508
Cash & Equivalents	$5,665	$25,060	$19,395
Accounts Receivable	$10,756	$20,199	$9,443
Pledges & Grants Receivable	$15,880	$20,409	$4,529
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$57,371	$44,306	($13,065)
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,361,073	$1,296,235	($64,838)
Other	$25,967	$32,537	$6,570
Total Assets	$1,476,712	$1,438,746	($37,966)

Liabilities	Jul 01, 2008	Jun 30, 2009	Change
Accounts Payable	$105,325	$53,666	($51,659)
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$800,264	$885,768	$85,504
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$41,563	$0	($41,563)
Total Liabilities	$947,152	$939,434	($7,718)

Fund balance	Jul 01, 2008	Jun 30, 2009	Change
Temporarily Restricted Net Assets	$85,451	$78,144	-$7,307
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$85,451	$78,144	($7,307)
Unrestricted Net Assets	$444,109	$421,168	($22,941)
Net Assets	$529,560	$499,312	($30,248)

Assets	Jul 01, 2009	Jun 30, 2010	Change
Contributions	$79,222
Cash & Equivalents	$25,060	$25,264	$204
Accounts Receivable	$20,199	$25,224	$5,025
Pledges & Grants Receivable	$20,409	$18,829	($1,580)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$44,306	$49,834	$5,528
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$1,296,235	$1,206,568	($89,667)
Other	$32,537	$22,066	($10,471)
Total Assets	$1,438,746	$1,347,785	($90,961)

Liabilities	Jul 01, 2009	Jun 30, 2010	Change
Accounts Payable	$53,666	$54,829	$1,163
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$885,768	$884,551	($1,217)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$939,434	$939,380	($54)

Life Experiences

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jul 01 - Jun 30

SOURCE: IRS Form 990 info

This snapshot of Life Experiences’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jul 01 - Jun 30 View full report Download data

Business model indicators

Profitability	2019	2020	2021	2022	2023
Unrestricted surplus (deficit) before depreciation	-$34,249	-$215,660	$95,304	$116,476	$202,557
As % of expenses	-4.3%	-26.7%	19.8%	78.9%	108.2%
Unrestricted surplus (deficit) after depreciation	-$65,961	-$244,244	$66,684	$114,093	$201,085
As % of expenses	-7.9%	-29.2%	13.1%	76.0%	106.6%

Revenue composition
Total revenue (unrestricted & restricted)	$703,438	$605,698	$512,275	$236,760	$381,265
Total revenue, % change over prior year	4.2%	-13.9%	-15.4%	-53.8%	61.0%
Program services revenue	51.3%	44.9%	14.7%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	1.0%	0.7%	0.8%	1.1%	2.0%
Government grants	2.8%	1.2%	28.6%	0.0%	18.9%
All other grants and contributions	20.0%	22.9%	32.9%	42.5%	39.6%
Other revenue	24.8%	30.3%	23.0%	56.4%	39.6%

Expense composition
Total expenses before depreciation	$802,731	$807,028	$482,061	$147,657	$187,251
Total expenses, % change over prior year	13.2%	0.5%	-40.3%	-69.4%	26.8%
Personnel	71.1%	65.1%	66.1%	52.0%	32.5%
Professional fees	4.2%	14.7%	7.0%	11.9%	13.9%
Occupancy	8.0%	7.4%	10.6%	0.4%	0.6%
Interest	2.8%	2.3%	3.7%	0.4%	0.0%
Pass-through	0.0%	0.0%	0.0%	9.2%	27.0%
All other expenses	14.0%	10.6%	12.6%	26.2%	26.0%

Full cost components (estimated)	2019	2020	2021	2022	2023
Total expenses (after depreciation)	$834,443	$835,612	$510,681	$150,040	$188,723
One month of savings	$66,894	$67,252	$40,172	$12,305	$15,604
Debt principal payment	$59,453	$0	$145,376	$62,527	$72,349
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$960,790	$902,864	$696,229	$224,872	$276,676

Capital structure indicators

Liquidity	2019	2020	2021	2022	2023
Months of cash	4.8	1.5	2.6	15.8	23.1
Months of cash and investments	4.8	1.5	10.4	38.7	40.8
Months of estimated liquid unrestricted net assets	9.2	6.6	10.0	39.1	41.0

Balance sheet composition	2019	2020	2021	2022	2023
Cash	$320,344	$102,980	$104,331	$194,228	$360,209
Investments	$0	$0	$314,514	$281,525	$276,223
Receivables	$15,290	$8,949	$14,559	$30,248	$18,048
Gross land, buildings, equipment (LBE)	$1,696,341	$1,696,341	$1,696,341	$1,677,182	$1,423,988
Accumulated depreciation (as a % of LBE)	42.8%	44.8%	47.0%	48.1%	41.0%
Liabilities (as a % of assets)	34.6%	42.7%	33.1%	27.0%	19.3%
Unrestricted net assets	$1,072,049	$827,805	$894,489	$1,008,582	$1,209,667
Temporarily restricted net assets	$15,830	N/A	N/A	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A	N/A	N/A
Total restricted net assets	$15,830	$0	$0	$0	$0
Total net assets	$1,087,879	$827,805	$894,489	$1,008,582	$1,209,667

Key data checks

Key data checks	2019	2020	2021	2022	2023
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination

Form 1023/1024 is not available for this organization

Executive Direcctor

Michelle Hile

Number of employees

Source: IRS Form 990

Life Experiences

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Life Experiences

Board of directors
as of 08/06/2024

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

A. Michael Cuomo

Harry Montgomery

Harold Jordan

Harold K. Jordan Construction

Tracy Serviss

Mark Newman

Shelia Byrnes-Nedoma

Wake Co. Public Schools

Walt Parker

Touchstone Bank

Casey Wilson

Banc of California

Johnny Guemple

Thomas, Judy & Tucker

Rebecca Turner

Organizational demographics

SOURCE: Self-reported; last updated 8/6/2024

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity

White/Caucasian/European

Gender identity

Female, Not transgender

Sexual orientation

Heterosexual or Straight

Disability status

Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Life Experiences

Serving adults with intellectual and developmental disabilities for over 40 years

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

Our programs

Scholarships for IDD adult services

Where we work

Our Sustainable Development Goals

Goals & Strategy

Charting impact

What is the organization aiming to accomplish?

What are the organization's key strategies for making this happen?

What are the organization's capabilities for doing this?

What have they accomplished so far and what's next?

Financials

Revenue vs. expenses: breakdown

Liquidity in 2023 info

1.30

Months of cash in 2023 info

23.1

Fringe rate in 2023 info

5%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Life Experiences

Life Experiences

Life Experiences

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Executive Direcctor

Michelle Hile

Number of employees

Life Experiences

Compensation data

Life Experiences

Board of directors data

A. Michael Cuomo

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Liquidity in 2023

Months of cash in 2023

Fringe rate in 2023

Funding sources

Assets & liabilities