Life Changes and Wellness Center
How we got $607K
Based on 6 employees reported for PPP in 2021, grown at the industry's Oklahoma rate since.
What we know
What they do
Life Changes and Wellness is a nonprofit aimed at helping low income families in Oklahoma build the basic life skills needed to function and thrive in society. It offers food, clothing and monetary assistance along with educational programs.
From the company's website. Industry: Community Food Services.
Estimated value over time
▼ 17% since 2021Today's estimate scaled by the headcount reported each year and that year's prices. A trend, not a record of past sale values.
Compared with similar businesses nearby
| Business | Est. revenue | Distance |
|---|---|---|
| LIFE CHANGES AND WELLNESS CENTER this business | $1.7M | — |
| BROTHER 4 BROTHER FOUNDATIOB Oklahoma City · 9 employees | $2.2M | 3.1 mi |
| OKLAHOMA BLACK HISTORICAL RESEARCH PROJECT, INC. Oklahoma City · 3 employees | $516K | 4.4 mi |
| NORTHEAST RESOURCE CENTER, INC. Oklahoma City · 3 employees | $689K | 6.1 mi |
| OZ SAFEROOMS TECHNOLOGIES INC Del City · 12 employees | $1.2M | 6.2 mi |
| ASSOCIATION FOR WOMEN OF COLOR Oklahoma City · 14 employees | $9.4M | 6.2 mi |
| WILSON MEAT MARKET LLC Oklahoma City · 7 employees | $1.5M | 6.9 mi |
The full calculation
| Employees reported to the SBA | 6 |
| Industry revenue per employee | $202K |
| Revenue = employees × revenue per employee | $1.7M |
| EBITDA margin (industry, adjusted for size) | 14% |
| EBITDA = revenue × margin | $243K |
| Cross-check: revenue implied by PPP payroll | $278K |
Figures are shown toward the upper part of their range rather than at its middle.
Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.
| Estimated value = EBITDA × typical sale multiple | $607K |
| Multiple for this size and industry | 2.5× |
| Value range | $287K – $862K |
| Revenue range | $994K – $2.0M |
| EBITDA range | $144K – $287K |
| Industry (NAICS) | Community Food Services (624210) |
Low confidence: the employee-based and payroll-based estimates differ by more than 2×.
EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.
Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology
People & advisors
Advisors
- BankingBancFirstPPP / SBA lender
From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.
Banking relationships
| BancFirst PPP 2021 | All 7,048 borrowers → |
From PPP and SBA loan records, which name the bank but not the individual banker.
PPP loans
| Approved | Draw | Amount | Jobs |
|---|---|---|---|
| 2/10/2021 | first | $6K | 6 |
Public records
Matched to this business by name and address from public government data; a match can occasionally be wrong.
About Life Changes and Wellness Center
Life Changes and Wellness Center is a community food services company in Spencer, Oklahoma, in business since 2018. It is owned by Lavelle Sims (Founder). Its estimated annual revenue is about $1.7M, with roughly $243K of EBITDA. It has about 6 employees. Its estimated business value is $607K (likely range $287K–$862K).
Common questions
- Who owns Life Changes and Wellness Center?
- Life Changes and Wellness Center is owned by Lavelle Sims (Founder), according to public sources such as the company's website or filings.
- How much revenue does Life Changes and Wellness Center make?
- SeeBITDA estimates Life Changes and Wellness Center's annual revenue at about $1.7M (likely between $994K and $2.0M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
- What is Life Changes and Wellness Center worth?
- About $607K, roughly 2.5× its estimated EBITDA of $243K, typical for a community food services company its size. Likely range: $287K–$862K.
- How many employees does Life Changes and Wellness Center have?
- About 6, as reported on its PPP loan.
- When was Life Changes and Wellness Center founded?
- Life Changes and Wellness Center has been in business since 2018.