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Nonprofiteer
← LIFE RAFT GROUP INC

Form 990 for tax year 2022

Filed by LIFE RAFT GROUP INC.

Totals

Total revenue
$1,396,538
Total expenses
$1,918,096
Contributions and grants received
$1,313,670
Grants paid
$25,000
Program service revenue
$0
Investment income
$41,019
Other revenue
$41,849
Total assets, end of year
$2,905,317
Total liabilities, end of year
$246,223
Net assets or fund balances, end of year
$2,659,094
Program services expenses (Part IX)
$1,747,721
Management and general expenses
$75,723
Fundraising expenses
$94,652
Program service expenses (Part III)
$1,747,721

Program services were 91.1% 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.

  • 1c · Fundraising events

    $64,725

  • 1f · All other contributions, gifts and grants

    $1,248,945

  • 3 · Investment income

    total $41,019 · excluded $41,019

  • 8a · Fundraising events: gross income

    $99,396

  • 8a · Fundraising events: contributions included on line 1c

    $64,725

  • 8b · Fundraising events: direct expenses

    $58,214

  • 8c · Net income from fundraising events

    total $41,182 · excluded $41,182

  • 11a · Other revenue: OTHER

    total $667 · excluded $667

  • 11e · Other revenue, total

    $667

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,000 · program services $25,000

  • 5 · Compensation of officers, directors and key employees

    total $413,962 · program services $376,706 · management and general $16,558 · fundraising $20,698

  • 7 · Other salaries and wages

    total $834,919 · program services $759,775 · management and general $33,397 · fundraising $41,747

  • 8 · Pension plan contributions

    total $15,078 · program services $13,721 · management and general $603 · fundraising $754

  • 9 · Other employee benefits

    total $47,783 · program services $43,483 · management and general $1,912 · fundraising $2,388

  • 10 · Payroll taxes

    total $87,436 · program services $79,567 · management and general $3,497 · fundraising $4,372

  • 11c · Fees: accounting

    total $11,700 · program services $10,647 · management and general $468 · fundraising $585

  • 11g · Fees: other

    total $138,947 · program services $126,442 · management and general $5,558 · fundraising $6,947

  • 12 · Advertising and promotion

    total $405 · program services $369 · management and general $16 · fundraising $20

  • 13 · Office expenses

    total $33,382 · program services $30,378 · management and general $1,335 · fundraising $1,669

  • 14 · Information technology

    total $19,209 · program services $17,481 · management and general $768 · fundraising $960

  • 16 · Occupancy

    total $147,869 · program services $134,561 · management and general $5,915 · fundraising $7,393

  • 22 · Depreciation, depletion and amortization

    total $488 · program services $444 · management and general $20 · fundraising $24

  • 23 · Insurance

    total $15,818 · program services $14,394 · management and general $633 · fundraising $791

  • 24a · Other expenses: EDUCATIONAL EVENT EXPEN

    total $70,606 · program services $64,252 · management and general $2,824 · fundraising $3,530

  • 24b · Other expenses: MEETINGS/EDUCATIONAL SE

    total $21,786 · program services $19,826 · management and general $871 · fundraising $1,089

  • 24c · Other expenses: COMMUNICATIONS

    total $19,008 · program services $17,298 · management and general $760 · fundraising $950

  • 24d · Other expenses: PRINTING & PUBLICATIONS

    total $10,788 · program services $9,817 · management and general $432 · fundraising $539

  • 24e · All other expenses

    total $3,912 · program services $3,560 · management and general $156 · fundraising $196

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,347,807 · end of year $875,283

  • 4 · Accounts receivable

    beginning of year $10,312 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $12,860 · end of year $1,785

  • 10a · Land, buildings and equipment: cost or other basis

    $149,720

  • 10b · Land, buildings and equipment: accumulated depreciation

    $148,823

  • 10c · Land, buildings and equipment, net

    beginning of year $1,385 · end of year $897

  • 11 · Investments: publicly traded securities

    beginning of year $3,240 · end of year $2,012,401

  • 15 · Other assets

    beginning of year $14,951 · end of year $14,951

  • 17 · Accounts payable and accrued expenses

    beginning of year $209,903 · end of year $246,223

  • 27 · Net assets without donor restrictions

    beginning of year $3,180,652 · end of year $2,623,561

  • 28 · Net assets with donor restrictions

    end of year $35,533

Mission and programs · 2022

Mission

ENHANCING SURVIVAL AND QUALITY OF LIFE FOR PEOPLE LIVING WITH GIST THROUGH PATIENT-POWERED RESEARCH, EDUCATION, EMPOWERMENT AND GLOBAL ADVOCACY EFFORTS.

Activities or mission (Part I)

ENHANCING SURVIVAL AND QUALITY OF LIFE FOR PEOPLE LIVING WITH GIST THROUGH PATIENT-POWERED RESEARCH, EDUCATION, EMPOWERMENT AND GLOBAL ADVOCACY EFFORTS. THE VISION IS TO CHAMPION PATIENT-POWERED SCIENCE AND DRASTICALLY INCREASE LONG-TERM SURVIVORSHIP FOR GIST CANCER PATIENTS.

  • RESEARCH: WE FUND AND MANAGE UNIQUELY COORDINATED RESEARCH INITIATIVES THAT ALWAYS KEEP THE NEEDS OF GIST PATIENTS FOREMOST. THE LIFE RAFT GROUP (LRG) CONTINUES TO LEAD A COLLABORATIVE TEAM OF WORLD-RENOWNED SCIENTISTS AND CLINICIANS IN GIST. LRG HAS THE LARGEST GIST PATIENT REGISTRY IN THE WORLD. OUR RESEARCH PARADIGM IS PATIENT-POWERED SCIENCE FOR LIFE. A COMPREHENSIVE APPROACH THAT COMPLIMENTS TRADITIONAL RESEARCH WITH REAL WORLD EVIDENCE SUPPORTED BY DATA.

    Expenses $1,217,654 · Grants $25,000

  • INFORMATION, EDUCATION, ADVOCACY, OUTREACH & ENGAGEMENT: THE LRG PROVIDES SUPPORT, INTERVENTION, EDUCATION AND ADVOCACY TO GIST PATIENTS, THEIR FAMILIES, AND CAREGIVERS. LOCAL SUPPORT IS AVAILABLE TO THE GIST COMMUNITY THROUGH A NETWORK OF LRG MENTORS AND VOLUNTEERS. OUR EDUCATION PROGRAMS ARE OFFERED WORLDWIDE. OUR GIST DAYS OF LEARNING ANDOUR BIENNIAL LIFE FEST EVENT GATHER EXPERTS FROM ACROSS THE GLOBE TO BRING THE MOST UP TO DATE INFORMATION ON GIST RESEARCH, EMERGING THERAPIES AND UPDATES ON THE WORLD OF GIST. OUR OUTREACH AND ENGAGEMENT EFFORTS ALSO INCLUDE PATIENT SUPPORT GROUPS, FOCUS GROUPS, MONTHLY WEBCASTS, OUR WEBSITE, ACCESS TO OUR CLINICAL TRIALS DATABASE AND OUR WORLDWIDE GIST SPECIALIST DATABASE. EXPERT PATIENT TRAINING IS OFFERED TO ALL MEMBERS.

    Expenses $530,067

As filed on the 2022 return.

Listed in Part VII

  • Jerry Cudzil

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Stan Bunn

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Jim Hughes

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Rodrigo Salas

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • John Poss

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Teena Petersohn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Gary Glasser

    SECRETARY/TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Eric Biegansky

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Steve Pontell

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Kay Stolzer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Dr Monica Anderson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Santy Disabatino

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Patricia Bonda-Swenson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Bill Borwegen

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • Norman J Scherzer

    CONSULTING EXECUTIVE DIRECTOR

    Total calculated
    $147,117
    From this org
    $137,560
    From related orgs
    $0
    Other
    $9,557
    Hours/week
    35

  • Laura Occhiuzzi

    VICE PRESIDENT

    Total calculated
    $126,338
    From this org
    $119,646
    From related orgs
    $0
    Other
    $6,692
    Hours/week
    35

  • Sara Rothchild

    EXECUTIVE DIRECTOR

    Total calculated
    $140,507
    From this org
    $129,707
    From related orgs
    $0
    Other
    $10,800
    Hours/week
    35

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
202313199349320606

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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