Save One Life Inc
- Assets
- $1.7m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 6
- Location
- Danvers, MA
- Founding
- 11/2003
- Data as of
- 12/2021
- EIN
- 04-3560420
Organization Overview
Save One Life Inc is located in Danvers, MA. The organization was established in 2003. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2021, Save One Life Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save One Life Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Save One Life Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE DIRECT FINANCIAL ASSISTANCE TO PEOPLE WITH BLEEDING DISORDERSIN DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
SAVE ONE LIFE COLLABORATED WITH 53 PROGRAM PARTNERS IN 14 COUNTRIES ANDDISTRIBUTED SPONSORSHIP FUNDS TO 1,400 BENEFICIARIES, AS WELL ASAWARDED 28 SCHOLARSHIPS AND 32 MICRO-ENTERPRISE GRANTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Bombardier Executive Director | Officer | 32 | $71,827 |
Myrish Antonio Vice President | OfficerTrustee | 0.3 | $0 |
Laurie Kelley President | OfficerTrustee | 3 | $0 |
Eric Hill Treasurer | OfficerTrustee | 0.3 | $0 |
Cindy Komar Secretary | OfficerTrustee | 0.3 | $0 |
Guadalupe Mota Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $264,107 |
| Related organizations | $0 |
| Government grants | $63,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,317,268 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,644,675 |
| Total Program Service Revenue | $0 |
| Investment income | $5,552 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$29,058 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,621,245 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $517,589 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $71,827 |
| Compensation of current officers, directors, key employees. | $21,548 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $265,942 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,379 |
| Payroll taxes | $28,338 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,430 |
| Fees for services: Accounting | $24,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,842 |
| Advertising and promotion | $0 |
| Office expenses | $43,822 |
| Information technology | $2,994 |
| Royalties | $0 |
| Occupancy | $32,210 |
| Travel | $1,606 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,237 |
| Insurance | $3,792 |
| All other expenses | $0 |
| Total functional expenses | $1,166,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,092,521 |
| Savings and temporary cash investments | $169,687 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $49,719 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $39,191 |
| Net Land, buildings, and equipment | $18,435 |
| Investments—publicly traded securities | $131,447 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215,000 |
| Total assets | $1,716,000 |
| Accounts payable and accrued expenses | $16,607 |
| Grants payable | $81,192 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $97,799 |
| Net assets without donor restrictions | $739,895 |
| Net assets with donor restrictions | $878,306 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,716,000 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Save One Life Inc has recieved totaling $51,153.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $16,568 |
Lawrence & Rebecca Stern Family Foundation Inc Jupiter, FL PURPOSE: UNRESTRICTED FOR GENERAL SUPPORT | $15,120 |
Hemophilia Alliance Foundation Lansdale, PA PURPOSE: PROMOTE HEMOPHILIA | $10,000 |
Positudes Inc Westbury, NY PURPOSE: GENERAL AND MANAGEMENT | $7,500 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $900 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $551 |
Endowment Analysis
| Beg. Balance | $345,898 |
| Earnings | $8,544 |
| Net Contributions | $25,000 |
| Ending Balance | $379,442 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hki Support Inc New York, NY | $0 | $18,599,175 |
Imran Kahn Cancer Appeal Inc Farmington, CT | $18,457,152 | $11,290,302 |
Suite 130 Plastic Surgery Pc Westbury, NY | $311,544 | $6,208,603 |
Alliance For Living Inc New London, CT | $1,922,229 | $2,149,425 |
Save One Life Inc Danvers, MA | $1,716,000 | $1,621,245 |
Oxalosis And Hyperoxaluria Foundation New Paltz, NY | $5,688,162 | $1,693,241 |
Friends Of Dana-Farber Cancer Institute Boston, MA | $1,314,181 | $812,103 |
American Friends Of London School Of Hygiene & Tropical Medicine Inc New Yorkl, NY | $0 | $0 |
International Friends Of Elton John Aids Foundation Uk New York, NY | $0 | $305,257 |
Santa Fe Group Inc New York, NY | $927,640 | $518,464 |
Connecticut Brain Tumor Allianceinc Avon, CT | $292,366 | $258,771 |
Drive Against Diabetes Inc North Tonawanda, NY | $229,620 | $146,389 |