Runway 2 Life Inc
- Assets
- $200.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Richmond, VA
- Founding
- 08/2017
- Data as of
- 12/2021
- EIN
- 82-2310858
Organization Overview
Runway 2 Life Inc is located in Richmond, VA. The organization was established in 2017. According to its NTEE Classification (F01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Runway 2 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 12/2021, Runway 2 Life Inc generated $1.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (50.8%) each year. All expenses for the organization totaled $11.3k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
CREATE AWARENESS FOR MENTAL ILLNESS IN OUR COMMUNITY BY EDUCATING THEIR SALONS AND OTHER BUSINESSES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,812 |
| Professional fees and other payments to independent contractors | $1,825 |
| Occupancy, rent, utilities, and maintenance | $1,092 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,616 |
| Total expenses | $11,345 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $200 |
| Other assets | $0 |
| Total assets | $200 |
| Total liabilities | $98,618 |
| Net assets or fund balances | -$98,418 |
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