Save One Life Inc
- Assets
- $1.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 6
- Location
- Danvers, MA
- Founding
- 11/2003
- Data as of
- 12/2022
- EIN
- 04-3560420
Organization Overview
Save One Life Inc is located in Danvers, MA. The organization was established in 2003. According to its NTEE Classification (G11) the organization is classified as: Single Organization Support, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 12/2022, Save One Life Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Save One 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 12/2022, Save One Life Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 9.2% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE DIRECT FINANCIAL ASSISTANCE TO PEOPLE WITH BLEEDING DISORDERSIN DEVELOPING COUNTRIES.
Describe the Organization's Program Activity:
SAVE ONE LIFE COLLABORATED WITH 53 PROGRAM PARTNERS IN 14 COUNTRIES ANDDISTRIBUTED SPONSORSHIP FUNDS TO 1,400 BENEFICIARIES, AS WELL ASAWARDED 28 SCHOLARSHIPS AND 32 MICRO-ENTERPRISE GRANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laurie Kelley President | OfficerTrustee | 3 | $0 |
Myrish Antonio Vice President | OfficerTrustee | 0.3 | $0 |
Eric Hill Treasurer | OfficerTrustee | 0.3 | $0 |
Cindy Komar Secretary | OfficerTrustee | 0.3 | $0 |
Milton Kerstein Legal Advisor | Trustee | 0.3 | $0 |
Natalie Lynch Director | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $111,858 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,013,916 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,125,774 |
| Total Program Service Revenue | $0 |
| Investment income | $3,485 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$52,479 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,076,794 |
| 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 | $547,097 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $87,360 |
| Compensation of current officers, directors, key employees. | $26,208 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $237,613 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,381 |
| Payroll taxes | $17,007 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,666 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $888 |
| Advertising and promotion | $0 |
| Office expenses | $34,729 |
| Information technology | $1,907 |
| Royalties | $0 |
| Occupancy | $29,408 |
| Travel | $12,940 |
| 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 | $13,368 |
| Insurance | $1,461 |
| All other expenses | $5,020 |
| Total functional expenses | $1,200,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $965,762 |
| Savings and temporary cash investments | $169,740 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $189,538 |
| 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 | $20,989 |
| Net Land, buildings, and equipment | $20,759 |
| Investments—publicly traded securities | $113,700 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $366,003 |
| Total assets | $1,846,491 |
| Accounts payable and accrued expenses | $9,436 |
| Grants payable | $149,442 |
| Deferred revenue | $63,500 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $150,434 |
| Total liabilities | $372,812 |
| Net assets without donor restrictions | $768,584 |
| Net assets with donor restrictions | $705,095 |
| 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 | $1,846,491 |