Power To Save A Life Inc
- Assets
- $96.4k
- Revenue
- $231.6k
- Investments
- $0.0
- Employees
- 1
- Location
- Sartell, MN
- Founding
- 02/2020
- Data as of
- 12/2023
- EIN
- 84-3256388
Organization Overview
Power To Save A Life Inc is located in Sartell, MN. The organization was established in 2020. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Power To Save A 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 12/2023, Power To Save A Life Inc generated $231.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.6% each year . All expenses for the organization totaled $141.4k during the year ending 12/2023. While expenses have increased by 20.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE AED MEDICAL UNITS TO NEEDED AREAS IN THE PUBLIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVOCATES FOR HEALTH BELIEVES IN MAKING AEDS MORE ACCESSIBLE TO THE PUBLIC 24/7. ONE OF OUR GOALS IS TO IDENTIFY AREAS WHERE PUBLIC ACCESS TO AN AED WOULD BE BENEFICIAL. OFTEN TIMES AEDS ARE LOCKED OR NOT AVAILABLE TO THE PUBLIC. BY PLACING AN AED IN A SMART MONITORED CABINET, IT CAN BE AVAILABLE IN THE EVENT OF AN EMERGENCY BY A BYSTANDER UNTIL MEDICAL HELP ARRIVES. STATISTICS SHOW THAT EARLY INTERVENTION WITH CPR AND THE USE OF AN AED DURING A SUDDEN CARDIAC ARREST IS CRITICAL IN SURVIVAL RATES. OUR MISSION IS TO PROVIDE PUBLIC ACCESS TO AEDS AND ALSO TO INFORM COMMUNITIES OF THEIR IMPORTANCE. SINCE INCEPTION, ADVOCATES FOR HEALTH HAS SURPASSED OVER 220 UNITS INSTALLED.FUNDS RAISED AT THE ANNUAL GOLF TOURNAMENT GO TOWARDS FUNDING NEW AED INSTALLATIONS, PARTIALLY FUNDING LOCATIONS THAT ARE RAISING MONEY FOR A SPECIFIC LOCATION OR CAUSE, HELPING TO FUND ANNUAL MAINTENANCE FEES THAT WERE FUNDED THROUGH A 1 TIME GRANT AND NEED FUTURE FUNDING, CPR/AED TRAINING IN COMMUNITIES THAT HAVE ALREADY BEEN TRAINED BUT WANT MORE TRAINING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Gruenes Board Chair | OfficerTrustee | 1 | $0 |
Joel Vogel Board Member | Trustee | 1 | $25,500 |
Kaitlyn Gilk Board Member | Trustee | 1 | $18,601 |
Dr Joe Nguyen Board Member | Trustee | 1 | $0 |
Brenda Lodermeier Board Member | Trustee | 1 | $0 |
Eric Meyer Board Member | Trustee | 1 | $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 | $914 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $914 |
| Total Program Service Revenue | $32,359 |
| Investment income | $266 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $21,367 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $176,668 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $231,574 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $69,774 |
| Compensation of current officers, directors, key employees. | $27,447 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,064 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,952 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,678 |
| Advertising and promotion | $2,234 |
| Office expenses | $10,834 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,475 |
| Travel | $7,006 |
| 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 | $2,080 |
| All other expenses | $0 |
| Total functional expenses | $141,384 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,430 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $96,430 |
| Accounts payable and accrued expenses | $0 |
| 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 | $11,265 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $11,265 |
| Net assets without donor restrictions | $85,165 |
| Net assets with donor restrictions | $0 |
| 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 | $96,430 |