Lifesouth Community Foundation Inc
- Assets
- $103.0k
- Revenue
- $529.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Gainesville, FL
- Founding
- 02/2011
- Data as of
- 05/2022
- EIN
- 27-2091960
Organization Overview
Lifesouth Community Foundation Inc is located in Gainesville, FL. The organization was established in 2011. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifesouth Community Foundation 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 05/2022, Lifesouth Community Foundation Inc generated $529.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $511.4k during the year ending 05/2022. While expenses have increased by 6.5% 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
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, RAISING AWARENESS OF THE WAYS TO SHARE LIFE WITH OTHERS THROUGH THE DONATION OF BLOOD, MARROW, CORD BLOOD, ORGAN AND TISSUE, IN COOPERATION WITH BLOOD CENTERS, ORGAN PROCUREMENT ORGANIZATIONS, MARROW REGISTRIES, FEDERAL AND STATE AGENCIES, AND COMMUNITY ORGANIZATIONS TO EDUCATE CITIZENS ABOUT LIFESAVING DONATIONS, AND TO PROMOTE SAID AWARENESS AND EDUCATION VIA VARIOUS COMMUNICATION VENUES, INCLUDING, BUT NOT LIMITED TO, THE INTERNET, WEBSITES, BLOGS, VIDEOS, FORUMS, CHAT ROOMS, AND ACTIVITIES RELATED TO THE CORPORATION'S EDUCATIONAL CURRICULUM, THROUGH THE LIFESOUTH COMMUNITY FOUNDATION BICYCLE RIDES, MARATHONS, AND OTHER SPORTING EVENTS, WHEN PRACTICABLE, ADVERTISING MEDIA PAID FOR BY THE CORPORATION OR THROUGH SPONSORS, AND THROUGH OTHER MEANS CONSISTENT WITH THE CORPORATION'S CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LIFESOUTH COMMUNITY FOUNDATION COMMITS TO INCREASING LIFESAVING BLOOD DONATIONS BY PROMOTING COMMUNITY EDUCATION, PARTNERSHIPS, AWARENESS AND HEALTH. THE LIFESOUTH COMMUNITY FOUNDATION'S ANNUAL RACE WEEKEND WAS HELD THE WEEKEND OF FEBRUARY 12 AND 13, 2022. EVENTS INCLUDED A HALF MARATHON, 5K AND KIDS MARATHON.
RAISING AWARENESS OF THE WAYS TO SHARE LIFE WITH OTHERS THROUGH THE DONATION OF BLOOD, MARROW, CORD BLOOD, ORGAN AND TISSUE. PROMOTING AWARENESS THROUGH PRESENTATIONS AND DISTRIBUTION OF EDUCATION MATERIALS IN VARIOUS SCHOOLS. LIFESOUTH COMMUNITY FOUNDATION IN THE CLASSROOM PROGRAM IS TAUGHT AT SCHOOLS AND REACHES CHILDREN AGES 5 TO 18 THROUGH CURRICULUM DESIGNED FOR SPECIFIC AGE GROUPS. THE CURRICULUM IS DELIVERED IN ONE CLASS PERIOD AND EXPLORES THE SCIENCE BEHIND DONATION THROUGH HANDS-ON, INTERACTIVE ELEMENTS AND THE SOCIAL RESPONSIBILITY OF DONATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Brooks Vice Preside | OfficerTrustee | 1 | $0 |
Kimberly E Kinsell President / | OfficerTrustee | 6 | $0 |
Dr Ronald Spitznagel Treasurer | OfficerTrustee | 2 | $0 |
Jim Eckert Secretary | OfficerTrustee | 2 | $0 |
Rodney Ford Director | Trustee | 1 | $0 |
Katherine Laurenzano MD Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $400,000 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $82,073 |
| Noncash contributions included in lines 1a–1f | $21,450 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $482,073 |
| Total Program Service Revenue | $43,158 |
| Investment income | $0 |
| 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 | $4,608 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $529,839 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $304,432 |
| Grants and other assistance to domestic individuals. | $5,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $63,214 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,060 |
| Payroll taxes | $4,936 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,900 |
| Advertising and promotion | $5,636 |
| Office expenses | $553 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $830 |
| 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 | $1,000 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $511,405 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,650 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $17,215 |
| 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 | $1,417 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,670 |
| Total assets | $102,952 |
| Accounts payable and accrued expenses | $21,633 |
| 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 | $21,633 |
| Net assets without donor restrictions | $81,319 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $102,952 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Lifesouth Community Foundation Inc has recieved totaling $400,046.
| Awarding Organization | Amount |
|---|---|
Lifesouth Community Blood Centers Inc Gainesville, FL PURPOSE: GENERAL SUPPORT | $400,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $46 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Camelot Community Care Inc Clearwater, FL | $22,153,468 | $83,026,188 |
Pruitt Corporation Employee Welfare Norcross, GA | $5,026,472 | $52,038,649 |
Community Partnership For Children Inc Daytona Beach, FL | $7,398,466 | $42,384,599 |
Helping Hands Ministries Inc Tallulah Falls, GA | $3,673,283 | $41,819,921 |
Bremen Food & Clothing Bank Inc Bremen, GA | $515,496 | $35,921,408 |
Mid Florida Community Services Inc Brooksville, FL | $8,295,258 | $33,232,002 |
Southwest Georgia Community Action Council Inc Moultrie, GA | $11,357,621 | $35,023,890 |
Must Ministries Inc Marietta, GA | $38,621,848 | $35,481,764 |
Catholic Charities Of The Archdiocese Of Miami Inc Wilton Manors, FL | $36,927,794 | $28,326,480 |
Miccosukee Corporation Miami, FL | $15,325,636 | $27,086,119 |
Jefferson County Committee For Economic Opportunity Birmingham, AL | $11,300,936 | $24,764,139 |
Enrichment Services Program Incorporated Columbus, GA | $4,122,189 | $23,954,834 |