Life Raft International Inc
- Assets
- $47.5k
- Revenue
- $232.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Lincoln, VA
- Founding
- 06/2012
- Data as of
- 05/2023
- EIN
- 45-2702341
Organization Overview
Life Raft International Inc is located in Lincoln, VA. The organization was established in 2012. According to its NTEE Classification (Q71) the organization is classified as: International Migration & Refugee Issues, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 05/2023, Life Raft International Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Raft International 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 05/2023, Life Raft International Inc generated $232.3k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $237.2k during the year ending 05/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF LIFE RAFT INTERNATIONAL IS TO PROVIDE ASSISTANCE TO INTERNATIONALLY DISPLACED AND VULNERABLE PERSONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ONGOING SUPPORT FOR 75+ REFUGEE FAMILIES IN BANGKOK, DELIVERED THROUGH A NETWORK OF LOCAL VOLUNTEER ADVOCATES. FINANCIAL SUPPORT FOR THESE FAMILIES GOES TOWARDS FOOD, SHELTER, CLOTHING, HEALTHCARE, AND OTHER NECESSARY ONGOING LIVING EXPENSES.
EDUCATION FOR REFUGEES: INCLUDES TUITION SUPPORT FOR REFUGEES TO ATTEND LOCAL SCHOOLS IN BANGKOK, DIRECT SUPPORT OF SCHOOLS, AND AT-HOME EDUCATIONAL MATERIALS FOR REFUGEES
DEVELOP AND LEAD A COLLABORATIVE EFFORT ACROSS CHURCHES AND NGOS IN BANGKOK TO PROVIDE ONGOING EMOTIONAL AND TANGIBLE SUPPORT TO REFUGEES WHO ARE BEING HELD IN A DETENTION CENTER. LIFE RAFT ORGANIZES VOLUNTEERS TO VISIT REFUGEES WHO ARE DETAINED, AND BRING THEM FOOD, TOILETRIES, AND CLOTHING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Evette Rivera Key Employee | 40 | $33,451 | |
Christopher Woodruff Director | OfficerTrustee | 40 | $0 |
Michael Hoyt Director | Trustee | 1 | $0 |
R Zach Smith Director | Trustee | 1 | $0 |
John Quinley Director | Trustee | 1 | $0 |
Christopher Irvine Director | Trustee | 1 | $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 | $232,249 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $232,249 |
| Total Program Service Revenue | $0 |
| Investment income | $5 |
| 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 | $232,254 |
| 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 | $144,330 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $33,451 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,953 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,167 |
| 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 | $0 |
| 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 | $237,245 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $47,534 |
| Savings and temporary cash investments | $0 |
| 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 | $47,534 |
| Accounts payable and accrued expenses | $516 |
| 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 | $516 |
| Net assets without donor restrictions | $47,018 |
| 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 | $47,534 |