Guardians Of Life Inc
- Assets
- $558.3k
- Revenue
- $58.9k
- Investments
- $431.6k
- Employees
- 0
- Location
- Bethany Beach, DE
- Founding
- 01/2003
- Data as of
- 12/2022
- EIN
- 33-0993248
Organization Overview
Guardians Of Life Inc is located in Bethany Beach, DE. The organization was established in 2003. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Guardians Of 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.
Since 2015, Guardians Of Life Inc has awarded 81 individual grants totaling $258,016. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerard J Gallagher Director | 0 | $0 | |
Maureen H Gallagher Director | 0 | $0 | |
Mary E Gallagher Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $3,245 |
| Dividends & Interest | $8,340 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,290 |
| Capital Gain Net Income | $1,767 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $58,925 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,005 |
| Total operating and administrative expenses | $13,555 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $43,555 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $126,707 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $558,333 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Guardians Of Life Inc has awarded $30,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DELAWARE RIGHT TO LIFE PURPOSE: GENERAL CHARITABLE PURPOSES | $1,500 |
BIRTH RIGHT OF ANNAPOLIS & GLEN PURPOSE: GENERAL CHARITABLE PURPOSES | $1,500 |
MARY'S CENTER PURPOSE: GENERAL CHARITABLE PURPOSES | $5,000 |
BLESSED TRINITY CHURCH OF PURPOSE: GENERAL CHARITABLE PURPOSES | $2,000 |
MOST BLESSED SACRAMENT PURPOSE: GENERAL CHARITABLE PURPOSES | $3,500 |
MOUNT DE SALES ACADEMY PURPOSE: GENERAL CHARITABLE PURPOSES | $10,000 |