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Nonprofit · EIN 61-1304043

LIFELINE FOUNDATION INC

Tax-exempt · SOMERSET, KY 42503

Financials

$54K$89K2023$49K$76K2024
Revenue Expenses · by fiscal year end
Financials of LIFELINE FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$48,623$76,404-$27,781$755,438$3,981$751,457
March 31, 2024990$54,387$89,489-$35,102$779,835$597$779,238
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$7,947
Net rental income
$40,676
Other revenue
$40,676

Expenses

Grants and similar amounts paid
$12,000
Compensation of officers, directors and key employees
$27,435
Salaries, compensation and benefits (total)
$44,127
Professional fundraising fees
$0
Accounting fees
$3,800
Depreciation
$15,908
Program services (functional)
$76,404

Balance sheet and other

Total assets, start of year
$779,835
Total assets, end of year
$755,438
Total liabilities, end of year
$3,981
Net assets, end of year
$751,457
Land, buildings and equipment
$598,713
Gross unrelated business income
$40,676
Gross receipts
$63,447
Employees
1
Year formed
1996
State of legal domicile
KY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
PHYLLIS LAWSONPRESIDENT
Trustee or director, Officer
40$27,435$14,607
JOHN WILSONTREASURER
Trustee or director, Officer
4$0$0
JAMES T WILSONDIRECTOR
Trustee or director, Officer
4$0$0
990 for the year ended March 31, 2024: 3 people
NameTitleHours / weekCompensation
PHYLLIS LAWSONPRESIDENT
Trustee or director, Officer
40$27,435
JAMES T WILSONDIRECTOR
Trustee or director, Officer
4$0
JOHN WILSONTREASURER
Trustee or director, Officer
4$0

Address and contacts

Address (IRS master file)
309 PARK AVE, SOMERSET, KY 42503-1541
In care of
% PHYLLIS LAWSON
Principal officer (990 for 2024)
PHYLLIS LAWSON, 309 Park Avenue, Somerset, KY 42503
Signed the 990
PHYLLIS LAWSON, Director
Phone
(606) 676-0057
Return prepared by
Rachael Tucker CPA

Mission

To provide support, supplies and services to foster care families in the community and to provide free medical supplies and food for needy families in the communities served.

990 for the year ended March 31, 2025

Program accomplishments

  • Provide support, services, and supplies to organizations aiding foster care families in the community.
    Expenses $76,404

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
61-1304043
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1996
Accounting year ends
March
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E30)
Assets (IRS master file)
$755,438
Income (IRS master file)
$63,447

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$48,623$76,404$755,438XML
990March 2024$54,387$89,489$779,835XML
990March 2023$48,017$70,201$815,182IRS
990March 2022–––IRS
990-TMarch 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 61-1304043).

Questions about LIFELINE FOUNDATION INC

What is the EIN of LIFELINE FOUNDATION INC?
The employer identification number (EIN) of LIFELINE FOUNDATION INC is 61-1304043.
Is LIFELINE FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to LIFELINE FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFELINE FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of LIFELINE FOUNDATION INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFELINE FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of LIFELINE FOUNDATION INC?
The 990 for the year ended March 31, 2025 names PHYLLIS LAWSON.
Who are the officers and directors of LIFELINE FOUNDATION INC?
The 990 for the year ended March 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $27,435 (PHYLLIS LAWSON, PRESIDENT).
How much revenue does LIFELINE FOUNDATION INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $48,623, expenses of $76,404 and total assets of $755,438 at year end.

Other nonprofits in SOMERSET

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