Helpsavelife Inc
- Assets
- $220.0k
- Revenue
- $227.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe Township, NJ
- Founding
- 08/2007
- Data as of
- 12/2022
- EIN
- 20-1768050
Organization Overview
Helpsavelife Inc is located in Monroe Township, NJ. The organization was established in 2007. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helpsavelife 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 12/2022, Helpsavelife Inc generated $227.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.3% each year . All expenses for the organization totaled $172.9k during the year ending 12/2022. While expenses have increased by 15.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELPSAVELIFE COLLECTS CONTRIBUTIONS FROM ITS MEMBERS AND DISTRIBUTES THE ENTIRE CONTRIBUTION FOR CHARITABLE PURPOSES. PRIMARY CHARITY INCLUDES 2 TYPES OF ACTIVITIES. 1)FINANCIAL SUPPORT TO PEOPLE FOR MEDICAL TREATMENTS WHO CANNOT AFFORD THEIR TREATMENT EXPENSES. 2) FINANCIAL SUPPORT FOR STUDENTS FOR HIGHER EDUCATION WHO CANNOT AFFORD THE EDUCATION EXPENSES. EDUCATIONAL HELP MAY BE GIVEN TO HIGH SCHOOL STUDENTS OR UNDERGRAD/GRAD STUDENTS. OTHER CHARITABLE ACTIVITIES INCLUDE TO PROVIDE FINANCIAL SUPPORT TO VERY LOW-INCOME PEOPLE FOR HOME CONSTRUCTION, RECOVER HOMES DAMAGED DUE TO FLOOD OR SIMILAR CALAMITIES, FINANCIAL SUPPORT FOR LOW-INCOME FAMILIES WHO LOST THEIR INCOME DUE TO COVID-19 AND ASSIST THEM FOR COVID RELATED TREATMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPSAVELIFE HAS BEEN CONTINUING ITS CHARITABLE ACTIVITIES WITH THE CONTRIBUTION OF THE MEMBERS. IN THE YEAR 2022, WE SUPPORTED 156 HELP REQUESTS IN TOTAL, OF WHICH 89 REQUESTS WERE FOR FINANCIAL SUPPORT FOR MEDICAL TREATMENTS AND 55 REQUESTS WERE FOR FINANCIAL SUPPORT FOR HIGH SCHOOL OR HIGHER EDUCATION, AND 12 REQUESTS WERE TO SUPPORT HOME CONSTRUCTION, FLOOD RELIEF PROGRAMS AND SUPPORT FOR COVID-19 RELATED SUPPLIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jemlin Lucas President | Trustee | 12 | $0 |
Sojimon James Board Of Trustees | Trustee | 10 | $0 |
Divya Thomas Vice President | Officer | 6 | $0 |
Remy Chirayil Secretary | Officer | 12 | $0 |
Vimal Andrews Joint Secretary | Officer | 8 | $0 |
Benny Davis Treasurer | Officer | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $227,314 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $227,314 |
| Total Program Service Revenue | $0 |
| Investment income | $258 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $227,572 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,249 |
| Grants and other assistance to Foreign Orgs/Individuals | $170,309 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $362 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $172,920 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $220,008 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $220,008 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $220,008 |
| Total liabilities and net assets/fund balances | $220,008 |