More Life Foundation
- Assets
- $0.0
- Revenue
- $1.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Twinsburg, OH
- Founding
- 02/2006
- Data as of
- 06/2023
- EIN
- 20-0505622
Organization Overview
More Life Foundation is located in Twinsburg, OH. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. More Life Foundation 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 06/2023, More Life Foundation generated $1.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
MORE LIFE INVESTED ITS ASSETS FOR CONTRIBUTION TO OTHER CHARITIES TO FULFILL ITS CHARITABLE PURPOSE. IN 2020-21 IT MADE CHARITABLE GIFTS TO 9 QUALIFYING CHARITIES LISTED IN PART XV.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $745 |
| Dividends & Interest | $273 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,018 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $275 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $4,275 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, More Life Foundation has awarded $7,250 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
EDWINS PURPOSE: LEADERSHIP | $500 |
SALVATION ARMY PURPOSE: FUNDRAISING | $500 |
WORLD CENTRAL KITCHEN PURPOSE: FUNDRAISING | $500 |
AMERICAN FARMLAND TRUST PURPOSE: FUNDRAISING | $1,000 |
BEREA COLLEGE PURPOSE: FUNDRAISING | $500 |
FEEDING AMERICA PURPOSE: FUNDRAISING | $250 |