Live 80-20 Foundation
- Assets
- $2.8k
- Revenue
- $2.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Lansing, MI
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-4160766
Organization Overview
Live 80-20 Foundation is located in Lansing, MI. The organization was established in 2017. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Live 80-20 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 12/2022, Live 80-20 Foundation generated $2.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (52.9%) each year. All expenses for the organization totaled $2.6k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL ASSISTANCE TO PUBLIC CHARITIES
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 |
|---|---|---|---|
Charles D Carey President | 5 | $0 | |
Stacey R Carey Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,525 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| 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 | $2,525 |
| 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 | $171 |
| Total operating and administrative expenses | $171 |
| Contributions, gifts, grants paid | $2,400 |
| Total expenses and disbursements | $2,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $109 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $2,700 |
| 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 | $2,809 |
| 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, Live 80-20 Foundation has awarded $125,500 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MIGHTY ACORN FOUNDATION PURPOSE: AIDE IN FINANCIAL RELIEF | $21,500 |
BETHANY ASSEMBLY PURPOSE: AIDE IN FINANCIAL RELIEF | $89,000 |
NEW LIFE VINEYARD CHURCH PURPOSE: AIDE IN FINANCIAL RELIEF | $1,500 |
ASSEMBLY OF GOD PURPOSE: AIDE IN FINANCIAL RELIEF | $5,000 |
LENAWEE CHRISTIAFA PURPOSE: AIDE IN FINANCIAL RELIEF | $8,500 |