The Limb Preservation Foundation
- Assets
- $1.4m
- Revenue
- $393.3k
- Investments
- $0.0
- Employees
- 5
- Location
- Littleton, CO
- Founding
- 03/2002
- Data as of
- 12/2023
- EIN
- 84-1565464
Organization Overview
The Limb Preservation Foundation is located in Littleton, CO. The organization was established in 2002. According to its NTEE Classification (G12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2023, Limb Preservation Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Limb Preservation 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 12/2023, Limb Preservation Foundation generated $393.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $424.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE PREVENTION AND TREATMENT OF LIMB-THREATENING CONDITIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PATIENT FINANCIAL ASSISTANCE, THE FLAGSHIP PROGRAM OF THE LIMB PRESERVATION FOUNDATION, PROVIDES EMERGENCY RELIEF TO INDIVIDUALS AT RISK OF LIMB LOSS AS A RESULT OF TUMOR, TRAUMA, OR INFECTION. THE PATIENT ASSISTANCE COMMITTEE, A GROUP OF VOLUNTEERS TASKED WITH ALLOCATING THE FUNDS, PRIORITIZES FUNDING THAT WILL KEEP THE PATIENT IN THEIR HOME. OVER THE COURSE OF 2023, 67% OF OUR PATIENT FINANCIAL ASSISTANCE FUNDS WERE DEDICATED TO KEEPING PEOPLE IN THEIR HOMES. FOCUSING ONLY ON HOUSING IN 2023, LPF MADE 93 MORTGAGE OR RENT PAYMENTS TOTALING OVER 77,000. IN ADDITION TO HOUSING, THIS PROGRAM ALSO PROVIDES FUNDING FOR UTILITIES, MEDICAL TRANSPORTATION COSTS AND MEDICAL LODGING, INSURANCE AND MORE. ---------------- SEE SCHEDULE O FOR MORE DETAIL ------------------
THE LIMB PRESERVATION FOUNDATION OFFERS ONE-ON-ONE, PEER-TO-PEER SUPPORT TO THE COMMUNITY OF PATIENTS UNDERGOING LIMB TREATMENT DUE TO TUMOR, TRAUMA OR INFECTION. OUR PEER SUPPORT PROGRAM COMPLEMENTS AND ENHANCES MEDICAL CARE BY CREATING THE EMOTIONAL, SOCIAL, AND PRACTICAL ASSISTANCE NECESSARY FOR MANAGING A LIMB-RISK SITUATION AND MOVING TOWARD WELLNESS. THE LPF LIMB-RISK CARE PACKAGE PROGRAM PROVIDES PATIENTS RECOVERING FROM SERIOUS LIMB PROCEDURES WITH A BEAUTIFUL HANDMADE QUILT AS WELL AS A CARE BAG WITH BASIC CARE ITEMS. THE PURPOSE OF THIS PROGRAM IS TO LIFT THE SPIRITS OF RECOVERING PATIENTS EXPERIENCING EXTENDED PERIODS OF BEDREST OR RESTRICTED ACTIVITY AND TO HELP PATIENTS FEEL SUPPORTED AND LESS ALONE DURING A CHALLENGING TIME.
EDUCATION: THE LIMB PRESERVATION FOUNDATION HOSTS AN ANNUAL SYMPOSIUM THAT BRINGS TOGETHER NEARLY 200 PATIENTS, CAREGIVERS, SURGEONS, PHYSICIANS, PHYSICAL THERAPISTS, PROSTHETISTS, WOUND CARE EXPERTS AND ALL MEMBERS OF THE CARE TEAM WHO TREAT PATIENTS WITH COMPLEX ORTHOPEDIC CONDITIONS. ALONG WITH EDUCATION, RESOURCES AND PRACTICAL TIPS, THE EVENT FACILITATES A SETTING FOR COMMUNITY MEMBERS TO NETWORK AND CONNECT. WE WERE ABLE TO PROVIDE FINANCIAL SUBSIDIES FOR APPROXIMATELY 20 INDIVIDUALS IN THE LIMB COMMUNITY TO ATTEND OUR SYMPOSIUM IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Allen President | OfficerTrustee | 5 | $0 |
Beth Forsyth Vice Preside | OfficerTrustee | 5 | $0 |
Melissa Whitmer Former Presi | OfficerTrustee | 5 | $0 |
Rob Davidson Secretary/tr | OfficerTrustee | 5 | $0 |
Daniel Lerman MD Board Member | Trustee | 1 | $0 |
Landon Fine MD Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $226,526 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $177,721 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $404,247 |
| Total Program Service Revenue | $0 |
| Investment income | $21,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$32,365 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $393,251 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $127,206 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,760 |
| Compensation of current officers, directors, key employees. | $9,282 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $91,680 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,423 |
| Payroll taxes | $15,349 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,440 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,603 |
| Advertising and promotion | $0 |
| Office expenses | $25,477 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,438 |
| Travel | $1,294 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,474 |
| All other expenses | $1,095 |
| Total functional expenses | $424,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,304 |
| Savings and temporary cash investments | $42,542 |
| Pledges and grants receivable | $10,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,196,366 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,362,212 |
| Accounts payable and accrued expenses | $13,075 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,075 |
| Net assets without donor restrictions | $1,339,137 |
| Net assets with donor restrictions | $10,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,362,212 |