Life Raft International Inc
- Assets
- $74.9k
- Revenue
- $386.1k
- Investments
- $0.0
- Employees
- 3
- Location
- Lincoln, VA
- Founding
- 06/2012
- Data as of
- 05/2021
- 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 05/2021, 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 05/2021, Life Raft International Inc generated $386.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $399.9k during the year ending 05/2021. While expenses have increased by 8.4% 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
2021
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 |
|---|---|---|---|
Christopher Woodruff Executive Dir. | OfficerTrustee | 40 | $49,856 |
Evette Rivera Key Employee | 40 | $28,250 | |
Jade Woodruff Key Employee | 0 | $19,211 | |
Michael Hoyt Director | Trustee | 1 | $0 |
Darren Jones Director | Trustee | 1 | $0 |
R Zach Smith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $386,119 |
| Investment income | $24 |
| 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 | $386,143 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $214,001 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,317 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $25,651 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,008 |
| 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 | $15,616 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,441 |
| 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 | $399,937 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $74,902 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $74,902 |
| Accounts payable and accrued expenses | $1,844 |
| 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 | $1,844 |
| 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 |
| Total liabilities and net assets/fund balances | $73,058 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Raft International Inc has recieved totaling $12,000.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: PROGRAMS | $12,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hias Inc Silver Spring, MD | $86,773,637 | $76,167,512 |
Numbersusa Education & Research Foundation Arlington, VA | $8,687,486 | $5,140,817 |
Refugees International Washington, DC | $7,519,531 | $5,108,347 |
Shai Fund Inc Murfreesboro, TN | $2,612,352 | $3,462,295 |
Human First Coalition Alexandria, VA | $699,859 | $2,059,420 |
With Open Eyes Foundation Inc Charlotte, NC | $5,774,534 | $3,329,521 |
Numbersusa Action Inc Arlington, VA | $1,476,399 | $1,067,866 |
Exile International Inc Nashville, TN | $687,054 | $1,125,424 |
Asylee Women Enterprise Baltimore, MD | $598,111 | $1,104,560 |
Asylum Seeker Assistance Project Washington, DC | $225,098 | $861,559 |
Christian Friends Of Israel U S A Inc Charlotte, NC | $552,209 | $497,164 |
Justice Without Borders Washington, DC | $1,004,918 | $662,239 |