nonprofit logo

Life Time Foundation

Life Time Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030533192 ✦ Chanhassen, MN ✦ Designated as a 501(c)(3)

Overview

What is Life Time Foundation?

Life Time Foundation is a nonprofit organization situated in Chanhassen, Minnesota, with a mission to empower children to live healthily and happily. They achieve this by supporting K-12 schools nationwide, helping them serve nutritious, minimally-processed meals. Their collaborative initiatives with school food leaders involve providing expert guidance on ingredients, analyzing labels with their Green Onion tool, funding staff trainings, and grantmaking for kitchen facility and school food system improvements. The foundation also supports changemakers working towards a healthier lifestyle for children through their grantmaking efforts. With a team of 6 employees, Life Time Foundation is committed to ensuring all children have an opportunity to start their journey towards a healthy lifestyle.


Official website here: www.ltfoundation.org

Is Life Time Foundation legitimate?

Life Time Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Time Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $67,338
Professional Fundraising Fees: $0
Other Salaries and Wages: $310,286

For more financial information, click here


Official website here: www.ltfoundation.org

What is the mission statement of Life Time Foundation?

The Life Time Foundation supports initiatives that encourage children to lead healthy and happy lives. They focus on collaborating with K-12 schools and mission-driven organizations nationwide to ensure all children have the opportunity to embark on a journey towards a healthy lifestyle. Their nutrition programs assist schools in serving nutritious, minimally-processed food by providing expert guidance on ingredients and label analysis, funding staff trainings, and grantmaking for kitchen facility and school food system improvements.


Official website here: www.ltfoundation.org

Who is the CEO of Life Time Foundation?

Bahram Akradi is the Chair And President of Life Time Foundation.


Official website here: www.ltfoundation.org

What is the revenue of Life Time Foundation?

Life Time Foundation's revenue in 2022 was $2,241,928.


Official website here: www.ltfoundation.org

Who are the executives of Life Time Foundation and what are their salaries?

The average compensation at Life Time Foundation during 2022 was $62,937. There are 6 employees and 10 volunteers at Life Time Foundation.

Here are 10 key members and their salaries:

    Marnie Wells (Executive Director)
  • Compensation: $67,338
  • Related: $0
  • Other: $0

    • Mechelle Freeman (Director - Board Member)
  • Compensation: $18,400
  • Related: $0
  • Other: $0

    • Bahram Akradi (Chair And President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Spolar (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aaron Switz (Director - Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brittany Reger (Director - Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cory Svihla (Director - Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Emily Akradi (Director - Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tami Kozikowski (Director - Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimo Seymour (Executive Director, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.ltfoundation.org

    Where can I find the form 990 for Life Time Foundation?

    The Life Time Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.ltfoundation.org

    Learn more at the official website: www.ltfoundation.org

    Mission Statement of Life Time Foundation

    Life Time Foundation, a nonprofit organization, is dedicated to empowering children to live healthy and happy lives. It achieves this mission by supporting K-12 schools and mission-driven organizations nationwide. The foundation's primary goal is to ensure that all children have an opportunity to embark on their journey towards a healthy lifestyle.

    In pursuit of its mission, Life Time Foundation focuses on nutrition programs. It collaborates with public K-12 schools, helping them serve nutritious, minimally-processed meals. Through its initiatives, the foundation provides expert guidance on school food ingredients, conducts label analysis using the Green Onion tool, a free online tool for school nutrition professionals, funds staff trainings related to the production and distribution of healthy food options, and grants for improving kitchen facilities and school food systems. In this way, Life Time Foundation contributes to fostering a healthier future for the children it serves.

    Impact

    This information is meant to be a general summary of Life Time Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Life Time Foundation's impact can be seen in the support it provides to schools and organizations nationwide, ensuring that children have access to healthy, minimally-processed food options. Through nutrition programs in public K-12 schools, the foundation empowers children to live healthy, happy lives by working with school food leaders to serve nutritious meals. This includes offering expert guidance on ingredients, providing training for staff, funding kitchen facility improvements, and supporting school food system enhancements. By focusing on improving the nutrition environment in schools, Life Time Foundation is making a significant impact on the health and well-being of children across the country.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $2,260,758

    • Assets and Liabilities:
  • Total Assets: $2,205,014
  • Total Liabilities: $84,592
  • Net Assets: $2,120,422
  • Organization Details

    Founding Year

    2003

    Principal Officer

    Bahram Akradi

    Main Address

    2902 CORPORATE PLACE, CHANHASSEN, MN, 55317

    NTEE Category

    Code: B12 - Education

    If you are a representative of Life Time Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.