L 5 Foundation
- Assets
- $15.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- North Charleston, SC
- Founding
- 08/2015
- EIN
- 47-2371498
Organization Overview
L 5 Foundation is located in North Charleston, SC. The organization was established in 2015. According to its NTEE Classification (G30) the organization is classified as: Cancer, 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. L 5 Foundation 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 undefined, L 5 Foundation generated $143.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $145.0k during the year ending undefined. While expenses have increased by 6.4% per year over the past 5 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
Describe the Organization's Program Activity:
Part 3
PROVIDE ESSENTIAL AND BASIC NEEDS ASSISTANCE TO INDIVIDUALS UNDERGOING CANCER TREATMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Giecek Executive Director | 40 | $45,000 | |
Susan M Newman Director | 0 | $0 | |
Terrance Turner Director | 0 | $0 | |
Kay Clayton Director | 0 | $0 | |
Misty Cunningham Director | 0 | $0 | |
Adriel Mccord Secretary/treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,134 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $35,266 |
| Other Revenue | $0 |
| Total Revenue | $143,400 |
| Statement of Expenses | |
|---|---|
| Total expenses | $144,997 |
| Balance Sheet | |
|---|---|
| Total assets | $15,041 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,041 |
Grants Awarded
Over the last fiscal year, L 5 Foundation has awarded $34,795 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CANCER SUPPORT COMMUNITY PURPOSE: COUNSELING SERVICES | $9,522 |
PROVISION PURPOSE: CANCER PATIENT MEALS | $17,500 |
CHAIRMANS CLUB PURPOSE: UNDERSERVED CHILDREN | $7,773 |