Lifenet Inc

Organization Overview

Lifenet Inc is located in Texarkana, TX. The organization was established in 1994. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 09/2021, Lifenet Inc employed 600 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifenet 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 09/2021, Lifenet Inc generated $37.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $35.8m during the year ending 09/2021. While expenses have increased by 5.4% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE EMERGENCY GROUND AND AIR AMBULANCE SERVICES AND RELATED MEDICAL ATTENTION WHILE IN TRANSIT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED EMERGENCY MEDICAL TRANSPORT AND SERVICES IN THE FOLLOWING COUNTIES IN SOUTHWEST ARKANSAS AND EAST TEXAS, MILLER, GARLAND, BOWIE, CASS, RED RIVER, SALINE, HOT SPRING COUNTY, AND WESTERN PAYNE, OK.


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Board, Officers & Key Employees

Name (title)Compensation
David Baumgardner
CEO
$208,646
Edward Prince
Employee
$135,752
Darren Higgs
Employee
$122,230
Stacey Himes
Employee
$117,940
Jason Goodwin
Employee
$116,187
Robbie Seastrunk
Employee
$114,968

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,394,829
All other contributions, gifts, grants, and similar amounts not included above$973,799
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,368,628
Total Program Service Revenue$29,778,968
Investment income $3,565
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$50,047
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,401,240

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lifenet Inc has recieved totaling $8,051.

Awarding OrganizationAmount
Paypal Charitable Giving Fund

Washington, DC

PURPOSE: General Support

$8,051
View Grant Recipient Profile

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