Skip to content
Nonprofiteer
← LIFE TIME FOUNDATION

Form 990 for tax year 2024

Filed by LIFE TIME FOUNDATION.

Totals

Total revenue
$2,630,212
Total expenses
$2,124,149
Contributions and grants received
$2,558,641
Grants paid
$1,320,703
Program service revenue
$0
Investment income
$0
Other revenue
$71,571
Total assets, end of year
$2,589,444
Total liabilities, end of year
$54,458
Net assets or fund balances, end of year
$2,534,986
Program services expenses (Part IX)
$1,560,276
Management and general expenses
$302,504
Fundraising expenses
$261,369
Program service expenses (Part III)
$1,560,276

Program services were 73.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $2,005

  • 1d · Related organizations

    $1,033,509

  • 1f · All other contributions, gifts and grants

    $1,523,127

  • 1g · Noncash contributions included above

    $361,923

  • 8a · Fundraising events: gross income

    $11,783

  • 8a · Fundraising events: contributions included on line 1c

    $2,005

  • 8b · Fundraising events: direct expenses

    $21,442

  • 8c · Net income from fundraising events

    total -$9,659 · excluded -$9,659

  • 11a · Other revenue: PARKING CONTRIBUTIONS

    total $77,803 · excluded $77,803

  • 11b · Other revenue: APPAREL SALES

    total $3,427 · excluded $3,427

  • 11e · Other revenue, total

    $81,230

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,320,703 · program services $1,320,703

  • 7 · Other salaries and wages

    total $401,461 · program services $124,304 · management and general $142,521 · fundraising $134,636

  • 9 · Other employee benefits

    total $4,761 · program services $1,595 · management and general $1,770 · fundraising $1,396

  • 10 · Payroll taxes

    total $63,230 · program services $19,578 · management and general $25,630 · fundraising $18,022

  • 11b · Fees: legal

    total $17,962 · management and general $17,962

  • 11c · Fees: accounting

    total $35,192 · management and general $35,192

  • 11g · Fees: other

    total $85,973 · program services $81,263 · management and general $4,710

  • 12 · Advertising and promotion

    total $56,951 · program services $108 · management and general $10,517 · fundraising $46,326

  • 13 · Office expenses

    total $1,148 · program services $70 · management and general $1,013 · fundraising $65

  • 14 · Information technology

    total $40,925 · management and general $40,920 · fundraising $5

  • 17 · Travel

    total $9,034 · program services $7,365 · management and general $1,669

  • 19 · Conferences, conventions and meetings

    total $5,290 · program services $5,290

  • 24a · Other expenses: ATHLETIC EVENT FUNDRAIS

    total $36,645 · fundraising $36,645

  • 24b · Other expenses: FUNDRAISING

    total $19,838 · fundraising $19,838

  • 24c · Other expenses: CREDIT CARD FEES

    total $18,970 · management and general $18,970

  • 24d · Other expenses: STORAGE FEES

    total $3,123 · management and general $112 · fundraising $3,011

  • 24e · All other expenses

    total $2,943 · management and general $1,518 · fundraising $1,425

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,251,594 · end of year $2,195,560

  • 3 · Pledges and grants receivable

    beginning of year $74,729 · end of year $29,044

  • 8 · Inventories for sale or use

    end of year $361,923

  • 9 · Prepaid expenses and deferred charges

    beginning of year $13,524 · end of year $2,917

  • 17 · Accounts payable and accrued expenses

    beginning of year $274,146 · end of year $54,458

  • 27 · Net assets without donor restrictions

    beginning of year $1,725,838 · end of year $2,231,901

  • 28 · Net assets with donor restrictions

    beginning of year $339,863 · end of year $303,085

Mission and programs · 2024

Mission

THROUGH FINANCIAL GRANTS AND DIRECT ACTION, WE SUPPORT YOUTH NUTRITION BY HELPING SCHOOLS SERVE WHOLESOME, NOURISHING, MINIMALLY PROCESSED FOOD TO STUDENTS; YOUTH MOVEMENT BY CHAMPIONING PHYSICAL MOVEMENT PROGRAMS THAT GET CHILDREN ACTIVE AND EXCITED TO MOVE FOR LIFE; AND A HEALTHY PLANET BY SUPPORTING FORESTATION AND CONSERVATION INITIATIVES, SO EVERYONE CAN LIVE HEALTHY, HAPPY LIVES.

Activities or mission (Part I)

THE LIFE TIME FOUNDATION, A 501C(3) NONPROFIT CREATED BY LIFE TIME, INC. IS DEDICATED TO INSPIRING HEALTHY PEOPLE, A HEALTHY PLANET, AND A HEALTHY WAY OF LIFE. THROUGH FINANCIAL GRANTS AND DIRECT ACTION, WE SUPPORT YOUTH NUTRITION BY HELPING SCHOOLS SERVE WHOLESOME, NOURISHING, MINIMALLY PROCESSED FOOD TO STUDENTS; YOUTH MOVEMENT BY CHAMPIONING PHYSICAL MOVEMENT PROGRAMS THAT GET CHILDREN ACTIVE AND EXCITED TO MOVE FOR LIFE; AND A HEALTHY PLANET BY SUPPORTING FORESTATION AND CONSERVATION INITIATIVES, SO EVERYONE CAN LIVE HEALTHY, HAPPY LIVES.

  • OUR NUTRITION PROGRAMS WORK WITH PUBLIC K-12 SCHOOLS IS BY SUPPORTING THEM IN SERVING DELICIOUS, NUTRITION, MINIMALLY-PROCESSED FOOD IN SCHOOL. OUR COLLABORATIVE INITIATIVES WITH SCHOOL FOOD LEADERS ENTAIL: PROVIDING EXPERT GUIDANCE RELATED TO INGREDIENTS IN SCHOOL FOODS AND LABEL ANALYSIS WITH OUR GREEN ONION TOOL, WHICH IS A FREE ONLINE TOOL FOR SCHOOL NUTRITION PROFESSIONALS. FUNDING OF STAFF TRAININGS RELATED TO THE PRODUCTION AND DISTRIBUTION OF HEALTHY FOOD OPTIONS. GRANTMAKING RELATED TO KITCHEN FACILITY, AND SCHOOL FOOD SYSTEM IMPROVEMENT.

    Expenses $705,540 · Grants $567,029

  • OUR YOUTH MOVEMENT PROGRAMS FUNDS PROJECTS AND INITIATIVES SO THAT ALL KIDS, SPECIFICALLY THOSE IN HISTORICALLY UNDERSERVED COMMUNITIES, HAVE ACCESS TO SAFE, FUN, ENRICHING PHYSICAL ACTIVITIES, WITH THE INTENTION THEY WILL CHOOSE TO STAY ACTIVE FOR LIFE. THROUGH THE YOUTH MOVEMENT PROGRAM, LIFE TIME FOUNDATION WILL PROVIDE GRANTS OF UP TO $15,000 FOR SCHOOL SITES AND LOCAL NON-PROFIT ORGANIZATIONS, AND UP TO $100,000 FOR SCHOOL DISTRICTS.

    Expenses $360,173 · Grants $295,174

  • OUR HEALTHY PLANET PROGRAM , WE PARTNER WITH SCHOOLS AND NON-PROFIT ORGANIZATIONS TO EDUCATE AND PROMOTE REFORESTATION AND CONSERVATION TO HELP COMBAT THE ESCALATING IMPACT OF GREENHOUSE GAS EMISSIONS. FROM LOCAL TREE-PLANTING INITIATIVES TO BROADER FORESTATION AND CONSERVATION PROGRAMS, THE LIFE TIME FOUNDATION IS COMMITTED TO WORKING TOGETHER TO ADDRESS ONE OF OUR MOST URGENT CHALLENGES, CLIMATE CHANGE.

    Expenses $494,563 · Grants $458,500

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Bahram Akradi

    CHAIR AND PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Aaron Switz

    DIRECTOR - BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brittany Reger

    DIRECTOR - BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Cory Svihla

    DIRECTOR - BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Emily Akradi

    DIRECTOR - BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • John Griffith

    DIRECTOR- BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Katie Hepler

    DIRECTOR- BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Matt Teske

    DIRECTOR - BOARD MEMBER (START 10/24)

    Total calculated
    $0
    Hours/week
    1

  • Mechelle Freeman

    DIRECTOR - BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tami Kozikowski

    DIRECTOR - BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Kimo Seymour

    VICE CHAIR, EXECUTIVE DIR. & TREASURER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • LIFE TIME GROUP HOLDINGS INC

    C · OPERATING FITNESS AND RECREATIONAL SPORT FACILITIES · MN

Provenance

Return type
form_990
Tax year
2024
Filed
31 October 2025
IRS schema version
2024v5.2
Source object
202523089349300212

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.