Livernet Corp
- Assets
- $725.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Malden, MA
- Founding
- 12/2012
- Data as of
- 12/2018
- EIN
- 45-5603969
Organization Overview
Livernet Corp is located in Malden, MA. The organization was established in 2012. According to its NTEE Classification (G80) the organization is classified as: Specifically Named Diseases, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Livernet Corp 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 12/2018, Livernet Corp generated $30.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $32.5k during the year ending 12/2018. While expenses have increased by 1.0% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, NAMELY EDUCATIONAL, SCIENTIFIC, OR LITERARY PURPOSES RELATED TO LIVER DISEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raza Malik President | 3 | $0 | |
Sebastian Lighvani Cheif Oper. | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $30,350 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,350 |
| 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 | $4,042 |
| Printing, publications, postage, and shipping | $112 |
| Other expenses | $28,374 |
| Total expenses | $32,528 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $725 |
| Other assets | $0 |
| Total assets | $725 |
| Total liabilities | $468 |
| Net assets or fund balances | $257 |
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