Life Energy Foundation Inc
- Assets
- $253.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Potomac, MD
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-2878319
Organization Overview
Life Energy Foundation Inc is located in Potomac, MD. The organization was established in 2019. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Energy Foundation 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 12/2021, Life Energy Foundation Inc generated $18.0k 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 (37.3%) each year.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Lee Bourke President | 40 | $0 | |
David Bourke Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,250 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,735 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,985 |
| 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 | $12,759 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $154 |
| Other expenses | $37,700 |
| Total expenses | $56,094 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $237,377 |
| Other assets | $0 |
| Total assets | $253,220 |
| Total liabilities | $4,603 |
| Net assets or fund balances | $248,617 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Energy Foundation Inc has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Foundation For Delaware County Media, PA | $70,292,526 | $12,697,458 |
Potomac Healthcare Foundation Baltimore, MD | $18,480,223 | $9,146,627 |
Laborers Health & Safety Fund Of North America Washington, DC | $15,187,119 | $9,496,555 |
Bryn Mawr Hospital Foundation Bryn Mawr, PA | $102,040,001 | $12,922,519 |
Keswick Foundation Inc Baltimore, MD | $211,590,751 | $5,072,439 |
Hamot Health Foundation Erie, PA | $29,527,911 | $6,582,971 |
Arthur J Glatfelter Agency Inc Employee Health & Welfare Fund York, PA | $983,533 | $8,005,607 |
Chester County Hospital Foundation West Chester, PA | $10,349,003 | $7,395,932 |
Alliance Of Community Health Plans Inc Washington, DC | $10,215,442 | $8,020,025 |
Afscme Health And Welfare Fund Harrisburg, PA | $24,631,486 | $7,090,542 |
Luminis Health Anne Arundel Medical Center Foundation Inc Annapolis, MD | $88,116,046 | $5,760,071 |
Teamsters Local 922 Employers Health Trust Columbia, MD | $4,956,292 | $7,287,362 |