Lifeline Foundation

Organization Overview

Lifeline Foundation is located in Roanoke, VA. The organization was established in 1992. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifeline 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 12/2021, Lifeline Foundation generated $459.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $133.4k during the year ending 12/2021. While expenses have increased by 13.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE FINANCIAL SUPPORT FOR THE CHARITABLE PURPOSES OF THE RESCUE MISSION OF ROANOKE, INC.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE RESCUE MISSION FOUNDATION PROVIDES ENDOWMENT INCOME TO THE RESCUE MISSION IN SUPPORT OF ITS CHARITABLE PURPOSE.


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Board, Officers & Key Employees

Name (title)Compensation
Ms Kimberly Anderson
President
$0
Mr Scott Berglund
Treasurer
$0
Mr Curtis Lee Clark
CEO
$0
Ms Gail Strickler
Secretary
$0
Mr Jason Fountain
Bod Member
$0
Mr Sam Benson
Bod Member
$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$383,772
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$383,772
Total Program Service Revenue$0
Investment income $61,029
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,988
Net Gain/Loss on Asset Sales $11,468
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $459,257

Endowment Analysis

Beg. Balance$2,758,452
Earnings$89,806
Net Contributions$389,847
Other Expense$136,505
Ending Balance$3,101,600

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