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Life Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521336032 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Life Foundation Inc?

Life Foundation Inc, based in Baltimore, Maryland, is a nonprofit organization dedicated to providing substance abuse treatment. In the past year, they have assisted approximately 895 patients, demonstrating their commitment to helping those in need. Their services, however, come with certain costs, including utilities expenses amounting to $36,525 and bank service charges totaling $37. As a result, their total expenses for the year reached $36,562. Beyond their direct services, the Life Foundation remains focused on ensuring the well-being of their patients, offering resources and support to help them overcome addiction and rebuild their lives.

Is Life Foundation Inc legitimate?

Life Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Life Foundation Inc?

The Life Foundation's mission primarily revolves around providing substance abuse treatment, with a recorded total of 895 patients served in a year. Although not explicitly stated, it can be inferred that their mission aims to assist individuals struggling with substance abuse towards recovery. However, the information provided does not detail any specific long-term goals or broader objectives beyond the delivery of treatment services. The organization's activities also include managing expenses, such as utilities and bank service charges, to ensure the smooth operation of their services.

Who is the CEO of Life Foundation Inc?

Unavailable

What is the revenue of Life Foundation Inc?

Life Foundation Inc's revenue in 2022 was $1,878.

Who are the executives of Life Foundation Inc and what are their salaries?


Here are 3 key members and their salaries:


Elizabeth Sieck (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Graham (Board Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Stoler (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Life Foundation Inc?

Life Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Life Foundation Inc

Life Foundation Inc, a non-profit organization, is dedicated to providing substance abuse treatment. Through its efforts, it successfully treated around 895 patients last year. The organization incurs various expenses, including utilities costs amounting to 36,525 and bank service charges totaling 37, ultimately accumulating a total of 36,562 for the year. Despite not having a specific mission statement mentioned, it can be inferred that the Life Foundation's mission is rooted in helping individuals overcome substance abuse issues, thereby contributing positively to their wellbeing.

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Impact




June, 2024

Life Foundation Inc's impact is significant in facilitating the delivery of substance abuse treatment for around 895 patients. They have incurred expenses to ensure that individuals struggling with substance abuse have access to the support and resources they need. This crucial assistance provided by Life Foundation Inc in Baltimore, MD, plays a vital role in addressing mental health challenges and supporting those in need within the community.




This information is meant to be a general summary of Life Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,878 (2022)
Expenses
$46,866 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,878
  • Gross Receipts: $1,878

Assets and Liabilities:

  • Total Assets: $382,384
  • Total Liabilities: $0
  • Net Assets: $382,384

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Organization Details

Main Address

516 GLENWOOD AVENUE, BALTIMORE, MD, 21212

NTEE Category

Code: F22Z - Mental health

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