Overview
What is Support For Life?
Support For Life is a dedicated nonprofit organization that focuses on generating funds for medical research and health enhancement initiatives. Their primary mission involves investing in research and education to ultimately improve overall health and wellbeing. In addition to this, they provide financial aid in the form of scholarships to support young individuals in their educational pursuits. By combining these efforts, Support For Life aims to contribute to advancements in healthcare and support the development of future leaders in the field.
Official website here: www.supportforlife.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 43%, Zero-Star out of Four Star rating.
Support For Life has received a low score of 43%, indicating significant concerns regarding its overall financial accountability and transparency. The rating heavily relies on the Accountability & Finance beacon, where it scored poorly in key areas such as program expense ratio, which was reported at 0.00%. Despite some strengths, like having a fully independent board and a conflict of interest policy, the absence of a whistleblower and document retention policies raises red flags about the organization's governance practices.
Strengths noted in the assessment include the organization’s adherence to having a majority of independent board members and a commitment to documenting board meeting minutes. These factors suggest an effort toward maintaining good governance. However, the lack of program expenses and a high liabilities-to-assets ratio reflects potential financial instability and raises questions about the charity's operational effectiveness.
Overall, while Support For Life demonstrates some positive governance features, the critical scoring in financial performance aspects indicates potential weaknesses that donors should consider. The nonprofit will need to address these concerns to improve its rating and increase trust among potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Support For Life legitimate?
Support For Life is a legitimate nonprofit organization registered as a 501(c)(3) entity. Support For Life submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.supportforlife.com
What is the mission statement of Support For Life?
Support for Life's mission, as stated, revolves around raising funds for medical research and health enhancement, with a focus on education as well. They aim to contribute to advancements in medical knowledge and improve overall health conditions. Additionally, the organization offers scholarships to youth, furthering their educational opportunities.
Official website here: www.supportforlife.com
Who is the CEO of Support For Life?
Ken Schlaudt is the Directror of Support For Life.
Official website here: www.supportforlife.com
What is the revenue of Support For Life?
Support For Life's revenue in 2022 was $172,448.
Official website here: www.supportforlife.com
Who are the executives of Support For Life and what are their salaries?
There 10 volunteers at Support For Life.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.supportforlife.com
Where can I find the form 990 for Support For Life?
Support For Life's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.supportforlife.com
Learn more at the official website: www.supportforlife.com
Mission Statement of Support For Life
Support for Life, as an organization, is committed to raising funds for medical research and health enhancement, as well as providing education. Their mission is to invest in medical advancements and promote healthier lifestyles through educational initiatives. This nonprofit organization also offers youth scholarships, furthering their dedication to fostering knowledge and improvement in health-related fields.
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Impact
October, 2024
Support For Life significantly impacts the San Antonio community by funding vital initiatives in medical research, health enhancement, and education. By raising funds, it supports groundbreaking medical research that can lead to innovative treatments and improved health outcomes. The organization also invests in youth scholarships, providing educational opportunities that empower the next generation. Through these efforts, Support For Life fosters a healthier community and encourages advancements in healthcare, ultimately benefiting those in need.
This information is meant to be a general summary of Support For Life. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $229,900
Assets and Liabilities:
- Total Assets: $30,412
- Total Liabilities: $24,600
- Net Assets: $5,812
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Organization Details
Founding Year
2015
Phone
(325) 315-7112Principal Officer
Ken Schlaudt
Main Address
2 Grand Ter, San Antonio, TX, 78257
Website
www.supportforlife.comNTEE Category
Code: H12 - Medical research
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