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Indiana · Nonprofit

Lasting Change INC

Lasting Change INC (Indiana) receives grants from 6 organizations whose IRS filings report $194,267 to it, the largest being 8020 FOUNDATION TRUST ($115,000). 2 of them have funded it in more than one year.

Revenue FY2024
$21M
Funders on record
6
Grants received
$194k
Net assets
$7.9M
2/6 repeat funderspeak grant-dependency 1%
01What it does

What Lasting Change INC does

Mission

The mission statement of the organization is changing hearts and bringing hope to individuals, families, and communities.

As stated on its FY2024 Form 990.

Programs

On its FY2024 return the organization reported a significant change in how it conducts a program.

The residential facility in Wheatfield, IN ceased operations as of April 20, 2024.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. Residential services - an average of 50 boys were housed and served at our 24-hour residential facilities in Pierceton, Indiana and Fort Wayne, Indiana. The residents participate in a sexual offender relapse prevention, substance abuse and behavior, and/or independent living program. The facilities offer housing, a school, gymnasium, a wood workshop, and a horticultural greenhouse. We help our residential students focus on overcoming the past and seeking hope for the future.

    $12,436,503 spent$8,486,117 earned by the program
    58% of program spending
  2. Lasting change provides administrative services such as accounting, human resources, payroll, marketing, and executive oversight, and also leases a building to lifeline youth and family services and crosswinds, inc.

    $9,146,116 spent$12,136,796 earned by the program
    42% of program spending

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $21,582,619.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($5.5M) Expenses 100 ($4.7M) Net assets 100 ($9.2M)2018 Revenue 116 ($6.3M) Expenses 117 ($5.5M) Net assets 110 ($10M)2019 Revenue 118 ($6.4M) Expenses 120 ($5.6M) Net assets 118 ($11M)2020 Revenue 120 ($6.5M) Expenses 126 ($5.9M) Net assets 124 ($11M)2021 Revenue 174 ($9.5M) Expenses 196 ($9.2M) Net assets 128 ($12M)2022 Revenue 309 ($17M) Expenses 419 ($20M) Net assets 101 ($9.2M)2023 Revenue 464 ($25M) Expenses 494 ($23M) Net assets 129 ($12M)2024 Revenue 385 ($21M) Expenses 545 ($26M) Net assets 86 ($7.9M)
'17'18'19'20'21'22'23'24
Revenue (385)Expenses (545)Net assets (86)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $19M to $40M (+106%).

$15M
$16M
$16M
$17M
$19M
$40M
$41M
$42M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 0% · 2021 0% · 2022 0% · 2023 2% · 2024 2%. Grants only. Government contracts and fees sit inside program revenue.

2% of Lasting Change INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (95% for the typical peer).

This organization
Typical peer · 268 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

$775k
’17
$839k
’18
$806k
’19
$654k
’20
$310k
’21
−$2.7M
’22
$2.2M
’23
−$4.5M
’24
4.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Timothy M Smith

Chief Executive Officer

Board chair

Tom Rhoades

Board President

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

2017201820192020202120222024
Listed121099111514
Joined·+2+2+1+4+9·
No longer listed·43125·
03Who funds it

Who funds it, year by year

2022 → 2023: the base narrowed from 4 funders to 2 funders, grant income fell $132k → $31k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Lasting Change INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Lasting Change INC leans on a few funders — its largest provides 59% of grant income and the top three 92%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

59%
largest funder
92%
top three
~2
effective funders

Largest funder’s share by year: 2022 87% · 2023 92% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

92% of Lasting Change INC's grant income comes from Indiana funders.

IN
OH
PA
MO

In-state vs out-of-state, by year

’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. $8k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Lasting Change INC has grown faster than three-quarters of the 254 crime & legal nonprofits its size.

Operating margin−21% · bottom quartile
Months of reserve4.5mo · above the median
Revenue growth (annualized)21% · top quartile

this organization peer median middle 50% of peers· 254 crime & legal nonprofits $10M–$100M, FY2024

Organizations like Lasting Change INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

85% of spending goes to programs.

Program 85%Management 15%Fundraising 0%

Governance

6
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 5 related entities

  • Lc Residential Holdings LLC · disregarded
  • Pwa and Spencer Home LLC · disregarded
  • Wheatfield Residential LLC · disregarded
  • Crosswinds Inc · exempt
  • Lifeline Youth and Family Services Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Lasting Change INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Lasting Change INC?
Lasting Change INC (Indiana) receives grants from 6 organizations whose IRS filings report $194,267 to it, the largest being 8020 FOUNDATION TRUST ($115,000). 2 of them have funded it in more than one year.
How many funders does Lasting Change INC have?
IRS filings report 6 organizations giving $194,267 in grants to Lasting Change INC, 2 of which have funded it in more than one year.
Who is the largest funder of Lasting Change INC?
8020 FOUNDATION TRUST is the largest funder on record, with $115,000 in grants. The full list of funders is on this page.
How can an organization like Lasting Change INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Lasting Change →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing