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Life Ring Foundation

Life Ring Foundation

Roanoke, VA 24014
Tax ID27-0927269

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Amount

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About this organization

Revenue

$16,066

Expenses

$142,656

Website

liferingfoundation.org

Mission

The Foundation was created to provide charitable and emergency assistance to individuals and taxexempt organizations

About

The Foundation provided funds to other nonprofits that paid utility bills and rent to assist individuals in need. The Foundation also purchased pantry items for shelters. In addition, the Foundation provided general donations to other nonprofits such as Virginia Tech, Children's Miracle Network, Salvation Army, Turn the Page VA, Appalachian So. Folklife Center and Boys & Girls Club to further their charitable works.

Interesting data from their 2020 990 filing

The filing clearly states the mission of the non-profit as “The foundation was created to provide charitable and emergency assistance to individuals and tax-exempt organizations. the foundation funds scholarships for individuals to attend va. tech.”.

When outlining its functions, they were explained as: “The foundation was created to provide charitable and emergency assistance to individuals and taxexempt organizations”.

  • In compliance with legal regulations, the non-profit has reported their state of operation as VA.
  • The filing records the non-profit's address for 2020 as PO Box 18168, Roanoke, VA, 24014.
  • As of 2020, the non-profit's form reports a total of 0 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $100,000 and $250,000.
  • Revenue is less than $100,000.
  • Revenue less expenses is -$126,590.
  • The compensation of the CEO of the organization is not based on an independent review and approval process.
  • The organization has 2 independent voting members.
  • The organization was formed in 2009.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $7,200 in fundraising expenses.
  • The organization has grants to organizations.

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