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Nonprofiteer
← LIFENETS INTERNATIONAL INC

Form 990 for tax year 2022

Filed by LIFENETS INTERNATIONAL INC.

Totals

Total revenue
$718,437
Total expenses
$613,516
Contributions and grants received
$715,931
Grants paid
$544,152
Program service revenue
$0
Investment income
$2,506
Other revenue
$0
Total assets, end of year
$480,848
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$480,848
Program services expenses (Part IX)
$578,057
Management and general expenses
$32,934
Fundraising expenses
$2,525
Program service expenses (Part III)
$578,057

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $715,931

  • 1g · Noncash contributions included above

    $35,861

  • 3 · Investment income

    total $2,506 · excluded $2,506

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,361 · program services $22,361

  • 2 · Grants to domestic individuals

    total $56,833 · program services $56,833

  • 3 · Grants to foreign organizations and individuals

    total $464,958 · program services $464,958

  • 5 · Compensation of officers, directors and key employees

    total $17,500 · program services $8,500 · management and general $9,000

  • 11c · Fees: accounting

    total $2,615 · management and general $2,615

  • 13 · Office expenses

    total $8,460 · program services $2,624 · management and general $5,836

  • 17 · Travel

    total $1,100 · program services $1,100

  • 20 · Interest

    total $35 · management and general $35

  • 24a · Other expenses: OTHER EXPENSES

    total $21,681 · program services $21,681

  • 24b · Other expenses: BANK CHARGES

    total $13,492 · management and general $13,492

  • 24c · Other expenses: DEVELOPMENT AND PROMOTI

    total $2,525 · fundraising $2,525

  • 24d · Other expenses: SHIPPING

    total $1,433 · management and general $1,433

  • 24e · All other expenses

    total $523 · management and general $523

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $143,232 · end of year $230,741

  • 2 · Savings and temporary cash investments

    beginning of year $221,134 · end of year $237,722

  • 4 · Accounts receivable

    beginning of year $10,526 · end of year $11,350

  • 8 · Inventories for sale or use

    beginning of year $1,035 · end of year $1,035

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $375,927 · end of year $480,848

Mission and programs · 2022

Mission

LIFENETS ASSISTS PEOPLE IN DEVELOPING AREAS THROUGH MEDICAL, EDUCATIONAL AND SELF-HELP PROGRAMS.

Activities or mission (Part I)

MEETING HUMANITARIAN NEED AND DEVELOPING SELF-SUFFICIENCY.

  • IN MALAWI, LIFENETS HAS PROVIDED FUNDING FOR 13 SCHOLARSHIPS AND A LIVELIHOOD DEVELOPMENT PROGRAM. LIFENETS ALSO PROVIDES OTHER DEVELOPMENTAL PROGRAMS IN ZAMBIA AND MALAWI AS DISCUSSED FURTHER IN OUR THIRD PROGRAM STATEMENT.

    Expenses $60,499 · Grants $41,469

  • USA PROJECTS - LIFENETS PROVIDES SEVERAL PROJECTS IN THE US INCLUDING THE WHEELCHAIR PROJECT, A UNIQUE MATCHING SERVICE FOR PEOPLE WITH UNNEEDED WHEELCHAIRS WITH THOSE WHO CANNOT NORMALLY AFFORD THEM. WE PROVIDE AN ONLINE DATABASE SERVICE WHERE DONATIONS AND REQUESTS ARE MADE. WEB SITE HTTP://WWW.LIFENETSWHEELCHAIRPROJECT.ORG. IN ADDITION, LIFENETS PROVIDES VARIOUS OTHER SUPPORT SERVICES IN THE UNITED STATES.

    Expenses $81,655 · Grants $79,194

  • IN THE COUNTRY OF BRAZIL WE HAVE MAINTAINED CATTLE DEVELOPMENT PROGRAMS. IN MALAWI THE BLANTYRE HOSTELS ARE COMPLETED. STUDENTS FROM THE COMMUNITY ARE RENTING ROOMS PROVIDING INCOME FOR THE BLANTYRE CHURCH AREA. SCHOLARSHIPS HAVE BEEN PROVIDED FOR MORE THAN 100 STUDENTS IN THE ABOVE COUNTRIES PLUS SOUTH AFRICA, ZIMBABWE, UKRAINE, PHILIPPINES AND SEVERAL LATIN AMERICAN COUNTRIES. THIS PROGRAM IS OUR MOST EFFECTIVE AS IT PROVIDES LIFE-LONG RETURNS IN GIVING BENEFICIARIES OPPORTUNITIES FOR INCOME PRODUCING CAREERS.

    Expenses $116,529 · Grants $108,029

  • WE PROVIDE SCHOLARSHIPS AND PROGRAMS FOR INDIVIDUALS IN NEED IN OTHER PARTS OF THE WORLD ANNUALLY BASED ON IDENTIFIED PROJECTS AND OTHER NEEDS.

    Expenses $319,374 · Grants $315,460

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Don Turgeon

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sue Peine

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    0.5

  • Michael Snyder

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Beverly Kubik

    CHAIRMAN

    Total calculated
    $8,500
    From this org
    $8,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • Victor Kubik

    PRESIDENT/VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    15

  • Cathy McClure

    TREASURER

    Total calculated
    $9,000
    From this org
    $9,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • Jamie Snyder

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
15 November 2023
IRS schema version
2022v5.0
Source object
202323209349302087

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