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Nonprofiteer
← LIFESPRING INC

Form 990 for tax year 2024

Filed by LIFESPRING INC.

Totals

Total revenue
$49,637,808
Total expenses
$49,850,067
Contributions and grants received
$17,521,353
Grants paid
$5,550
Program service revenue
$31,399,633
Investment income
$521,468
Other revenue
$195,354
Total assets, end of year
$43,001,040
Total liabilities, end of year
$10,662,417
Net assets or fund balances, end of year
$32,338,623
Program services expenses (Part IX)
$39,684,525
Management and general expenses
$10,165,542
Fundraising expenses
$0
Program service expenses (Part III)
$39,684,525

Program services were 79.6% 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.

  • 1e · Government grants (contributions)

    $17,519,605

  • 1f · All other contributions, gifts and grants

    $1,748

  • 2a · Program service revenue: NET PATIENT SERVICE RE

    total $24,236,948 · related or exempt $24,236,948

  • 2b · Program service revenue: 340B REVENUE

    total $3,736,941 · related or exempt $3,736,941

  • 2c · Program service revenue: MEDICAID ADMIN RECOVER

    total $2,071,939 · related or exempt $2,071,939

  • 2d · Program service revenue: OFF SITE SERVICES

    total $963,381 · related or exempt $963,381

  • 2e · Program service revenue: PATIENT SERVICES

    total $217,989 · related or exempt $217,989

  • 2f · All other program service revenue

    total $172,435 · related or exempt $172,435

  • 3 · Investment income

    total $386,902 · excluded $386,902

  • 6a · Gross rents

    real property $101,867

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $101,867

  • 6d · Net rental income or loss

    total $101,867 · related or exempt $101,867

  • 7a · Gross sales of assets other than inventory

    securities $452,178

  • 7b · Less cost or other basis and sales expenses

    securities $317,612

  • 7c · Gain or loss

    securities $134,566

  • 7d · Net gain or loss

    total $134,566 · excluded $134,566

  • 11a · Other revenue: OTHER OPERATING REVENU

    total $71,887 · related or exempt $71,887

  • 11b · Other revenue: MEDICAL RECORDS REVENU

    total $21,600 · excluded $21,600

  • 11e · Other revenue, total

    $93,487

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $5,550 · program services $5,550

  • 5 · Compensation of officers, directors and key employees

    total $2,252,856 · program services $1,819,638 · management and general $433,218

  • 7 · Other salaries and wages

    total $29,848,229 · program services $24,108,495 · management and general $5,739,734

  • 8 · Pension plan contributions

    total $946,827 · program services $667,538 · management and general $279,289

  • 9 · Other employee benefits

    total $4,907,489 · program services $3,459,909 · management and general $1,447,580

  • 10 · Payroll taxes

    total $2,283,855 · program services $1,610,178 · management and general $673,677

  • 11c · Fees: accounting

    total $203,163 · management and general $203,163

  • 11f · Fees: investment management

    total $26,714 · program services $26,714

  • 11g · Fees: other

    total $1,248,159 · program services $1,189,245 · management and general $58,914

  • 12 · Advertising and promotion

    total $172,100 · program services $162,646 · management and general $9,454

  • 13 · Office expenses

    total $1,153,885 · program services $370,439 · management and general $783,446

  • 14 · Information technology

    total $1,044,576 · program services $987,193 · management and general $57,383

  • 16 · Occupancy

    total $1,709,496 · program services $1,615,586 · management and general $93,910

  • 17 · Travel

    total $485,211 · program services $464,167 · management and general $21,044

  • 19 · Conferences, conventions and meetings

    total $191,786 · program services $181,250 · management and general $10,536

  • 20 · Interest

    total $176,875 · program services $145,832 · management and general $31,043

  • 22 · Depreciation, depletion and amortization

    total $1,470,090 · program services $1,212,073 · management and general $258,017

  • 23 · Insurance

    total $869,323 · program services $821,567 · management and general $47,756

  • 24a · Other expenses: FEDERAL AWARD EXPENDITU

    total $302,613 · program services $302,613

  • 24b · Other expenses: MEDICATION & OTC MED. S

    total $222,710 · program services $222,710

  • 24c · Other expenses: DUES AND LICENSES

    total $151,438 · program services $151,438

  • 24d · Other expenses: MISCELLANEOUS EXPENSES

    total $115,994 · program services $109,622 · management and general $6,372

  • 24e · All other expenses

    total $61,128 · program services $50,122 · management and general $11,006

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $188,549 · end of year $246,365

  • 2 · Savings and temporary cash investments

    beginning of year $10,369,506 · end of year $7,053,102

  • 3 · Pledges and grants receivable

    beginning of year $2,816,283 · end of year $4,076,807

  • 4 · Accounts receivable

    beginning of year $886,991 · end of year $1,353,317

  • 9 · Prepaid expenses and deferred charges

    beginning of year $778,399 · end of year $855,590

  • 10a · Land, buildings and equipment: cost or other basis

    $38,199,174

  • 10b · Land, buildings and equipment: accumulated depreciation

    $13,987,805

  • 10c · Land, buildings and equipment, net

    beginning of year $21,983,351 · end of year $24,211,369

  • 11 · Investments: publicly traded securities

    beginning of year $3,507,422 · end of year $3,891,303

  • 15 · Other assets

    beginning of year $1,136,158 · end of year $1,313,187

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,962,915 · end of year $6,849,623

  • 23 · Secured mortgages and notes payable

    beginning of year $2,801,689 · end of year $3,019,727

  • 25 · Other liabilities

    beginning of year $512,771 · end of year $793,067

  • 27 · Net assets without donor restrictions

    beginning of year $32,389,284 · end of year $32,338,623

Mission and programs · 2024

Mission

LIFESPRING'S MISSION IS TO IMPROVE AND SUSTAIN THE QUALITY OF LIFE IN OUR COMMUNITIES BY PROVIDING COMPREHENSIVE BEHAVIORAL HEALTH, ADDICTION AND RELATED SERVICES.

Activities or mission (Part I)

PROVIDE COMPREHENSIVE BEHAVIORAL HEALTH, ADDICTION & RELATED SERVICES TO IMPROVE & SUSTAIN THE QUALITY OF LIFE IN OUR COMMUNITIES.

  • LIFESPRING, INC. IS A COMMUNITY MENTAL HEALTH CENTER WITH THE PURPOSE OF PROVIDING A FULL CONTINUUM OF BEHAVIORAL HEALTHCARE SERVICES TO CLIENTS WHO LIVE PRIMARILY IN CLARK, FLOYD, HARRISON, JEFFERSON, SCOTT, WASHINGTON, SPENCER, PERRY, ORANGE, DUBOIS, AND CRAWFORD COUNTIES IN SOUTHERN INDIANA. DURING THE FISCAL YEAR 2025, LIFESPRING PROVIDED 333,504 BEHAVIOR HEALTH SERVICES TO 11,889 INDIVIDUAL CLIENTS. LIFESPRING PROVIDES CARE TO CERTAIN CLIENTS UNDER REIMBURSEMENT AGREEMENTS WITH MEDICAID, MEDICARE AND OTHER THIRD-PARTY PAYORS. ADDITIONALLY, LIFESPRING ACCEPTS CLIENTS REGARDLESS OF THE CLIENT'S ABILITY TO PAY, THEIR RACE, AGE, SEX, CREED OR NATIONAL ORIGIN. THE MAJORITY OF OUR CLIENTS ARE INDIGENT. IN FISCAL YEAR 2025, WE PROVIDED $4,078,989 IN UNCOMPENSATED CARE TO CLIENTS WHICH REPRESENTED 7.4% IN UNCOMPENSATED CARE TO OPERATING REVENUE.

    Expenses $39,684,525 · Grants $5,550 · Revenue $31,573,387

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

Listed in Part VII

  • Darnel L Jackson

    CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Rossina Sandoval Monsivais

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2
  • Alan Smock

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Jackie Young

    SECRETARY

    Total calculated
    $0
    Hours/week
    2
  • Denise Eden

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Emily Stumler

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Wendy Broughton

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Paul Kiger

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Melissa R Campbell

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Margo Olsen

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Kenny Kavanaugh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Rebecca Humphrey

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2
  • Tara Lucas

    BOARD MEMBER PARTIAL TERM

    Total calculated
    $0
    Hours/week
    2
  • Nick Clark

    CFO

    Total calculated
    $194,902
    From this org
    $182,034
    From related orgs
    $0
    Other
    $12,868
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $182,034
    Bonus
    $0
    Other
    $0
    Deferred
    $12,868
    Nontaxable benefits
    $0
    Filer's total
    $194,902
  • Beth Keeney

    CEO

    Total calculated
    $296,681
    From this org
    $279,353
    From related orgs
    $0
    Other
    $17,328
    Hours/week
    40 + 2 related

    Schedule J breakdown matched by us

    Base
    $279,353
    Bonus
    $0
    Other
    $0
    Deferred
    $17,328
    Nontaxable benefits
    $0
    Filer's total
    $296,681
  • Misty Gilbert

    COO

    Total calculated
    $192,447
    From this org
    $179,579
    From related orgs
    $0
    Other
    $12,868
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $179,579
    Bonus
    $0
    Other
    $0
    Deferred
    $12,868
    Nontaxable benefits
    $0
    Filer's total
    $192,447
  • Cindy P Nichols

    CNO

    Total calculated
    $148,851
    From this org
    $139,210
    From related orgs
    $0
    Other
    $9,641
    Hours/week
    40
  • Christian Rice

    CIO

    Total calculated
    $144,984
    From this org
    $135,574
    From related orgs
    $0
    Other
    $9,410
    Hours/week
    40
  • Eric Yazel

    CMO

    Total calculated
    $289,777
    From this org
    $271,447
    From related orgs
    $0
    Other
    $18,330
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $271,447
    Bonus
    $0
    Other
    $0
    Deferred
    $18,330
    Nontaxable benefits
    $0
    Filer's total
    $289,777
  • Eric Jaggers

    CMO

    Total calculated
    $344,429
    From this org
    $321,788
    From related orgs
    $0
    Other
    $22,641
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $321,788
    Bonus
    $0
    Other
    $0
    Deferred
    $22,641
    Nontaxable benefits
    $0
    Filer's total
    $344,429
  • Joseph Higgins

    VICE PRESIDENT

    Total calculated
    $121,324
    From this org
    $113,375
    From related orgs
    $0
    Other
    $7,949
    Hours/week
    40
  • Stacy M Nolan

    VICE PRESIDENT

    Total calculated
    $115,309
    From this org
    $107,833
    From related orgs
    $0
    Other
    $7,476
    Hours/week
    40
  • Marshall Lowery

    VICE PRESIDENT

    Total calculated
    $111,972
    From this org
    $104,759
    From related orgs
    $0
    Other
    $7,213
    Hours/week
    40
  • Meara Grannan

    VICE PRESIDENT - CLINICAL

    Total calculated
    $131,987
    From this org
    $122,782
    From related orgs
    $0
    Other
    $9,205
    Hours/week
    40
  • Lauren Perryman

    VICE PRESIDENT

    Total calculated
    $105,480
    From this org
    $105,480
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Theresa K Jones

    VICE PRESIDENT - HR

    Total calculated
    $151,847
    From this org
    $141,956
    From related orgs
    $0
    Other
    $9,891
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $141,956
    Bonus
    $0
    Other
    $0
    Deferred
    $9,891
    Nontaxable benefits
    $0
    Filer's total
    $151,847
  • Teodoro Bordador

    PHYSICIAN

    Total calculated
    $334,649
    From this org
    $312,933
    From related orgs
    $0
    Other
    $21,716
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $312,933
    Bonus
    $0
    Other
    $0
    Deferred
    $21,716
    Nontaxable benefits
    $0
    Filer's total
    $334,649
  • Erin Weisman

    PHYSICIAN

    Total calculated
    $130,350
    From this org
    $119,668
    From related orgs
    $0
    Other
    $10,682
    Hours/week
    40
  • Alan Hightower

    PHYSICIAN

    Total calculated
    $184,985
    From this org
    $172,336
    From related orgs
    $0
    Other
    $12,649
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $172,336
    Bonus
    $0
    Other
    $0
    Deferred
    $12,649
    Nontaxable benefits
    $0
    Filer's total
    $184,985
  • Dost Mohammed

    PHYSICIAN

    Total calculated
    $268,640
    From this org
    $251,061
    From related orgs
    $0
    Other
    $17,579
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $251,061
    Bonus
    $0
    Other
    $0
    Deferred
    $17,579
    Nontaxable benefits
    $0
    Filer's total
    $268,640
  • Daniel Tucker

    PHYSICIAN

    Total calculated
    $171,526
    From this org
    $157,779
    From related orgs
    $0
    Other
    $13,747
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $157,779
    Bonus
    $0
    Other
    $0
    Deferred
    $13,747
    Nontaxable benefits
    $0
    Filer's total
    $171,526

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
18 April 2026
IRS schema version
2024v5.5
Source object
202611109349300816

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