Baseline Life Inc is located in Colorado Springs, CO. The organization was established in 2014. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baseline 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.
For the year ending 12/2017, Baseline Life Inc generated $117.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.7%) each year. All expenses for the organization totaled $110.5k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
BASELINE LIFE PROVIDED PAID APPRENTICESHIP TRAINING IN WOODWORKING TO FOUR YOUNG ADULTS IN 2017.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Robert T Bretanus Vice President | 10 | $7,680 | |
Lindsey Bretanus President | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $117,595 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $117,595 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $38,958 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $71,502 |
Total expenses | $110,460 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $738 |
Other assets | $0 |
Total assets | $66,096 |
Total liabilities | $73,985 |
Net assets or fund balances | -$7,889 |
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