Live Golden Foundation
- Assets
- $98.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 05/2014
- Data as of
- 12/2020
- EIN
- 46-4349241
Organization Overview
Live Golden Foundation is located in Memphis, TN. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Live Golden 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 12/2020, Live Golden Foundation generated $43.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $802.0 during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (27.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
LGF SUPPORTS LGCND - IT HAS BECOME AN OFFICAL CLUB AT ND. THIS YEAR DUE TO LEADERSHIP CHANGES AND A LACK OF RESOURSESTHE CLUB HOSTED NO EVENTS. NOW APPROX 20 MEMBERS,THE CLUB PLANS TO BECOME ACTIVE ONCE AGAIN. THE FOUNDATON CONTINUES TO SUPPORT ITS MISSION OF PROVIDING ALCOHOL AND DRUG FREE ACTIVITIES AND RESOURCES TO THOSE WHO ABSTAIN FROM UNDERAGE ALCOHOL AND ILLEGAL DRUG USE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Azar President | 2 | $0 | |
Frederick Azar Secretary | 2 | $0 | |
Robert N Dooner Director | 1 | $0 | |
Eleanor Dooner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $43 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $43 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $452 |
| Total expenses | $802 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,254 |
| Other assets | $0 |
| Total assets | $98,254 |
| Total liabilities | $0 |
| Net assets or fund balances | $98,254 |