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Nonprofit · EIN 82-0547746

LIFE RAFT GROUP INC

Tax-exempt · WAYNE, NJ 07470

Financials

$1.9M$1.7M2023$2.2M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of LIFE RAFT GROUP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,179,789$1,770,153$409,636$3,761,480$301,915$3,459,565
December 31, 2023990$1,861,966$1,712,287$149,679$3,244,046$283,523$2,960,523
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,089,809
Program service revenue
$0
Investment income
$166,851
Net income from fundraising events
-$86,464
Other revenue
-$76,871

Expenses

Grants and similar amounts paid
$25,000
Compensation of officers, directors and key employees
$371,958
Other salaries and wages
$673,822
Salaries, compensation and benefits (total)
$1,186,153
Professional fundraising fees
$0
Legal fees
$6,265
Accounting fees
$40,380
Occupancy
$28,580
Depreciation
$1,220
Program services (functional)
$1,630,539
Management and general (functional)
$69,807
Fundraising (functional)
$69,807

Balance sheet and other

Total assets, start of year
$3,244,046
Total assets, end of year
$3,761,480
Total liabilities, end of year
$301,915
Net assets, end of year
$3,459,565
Land, buildings and equipment
$6,080
Publicly traded securities
$2,868,450
Net assets without donor restrictions
$2,432,060
Net assets with donor restrictions
$1,027,505
Gross receipts
$2,312,458
Employees
17
Volunteers
215
Year formed
2002
State of legal domicile
NJ

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
SARA ROTHSCHILDEXECUTIVE DIRECTOR
Officer
40$144,660$10,586
LAURA OCCHIUZZIDEPUTY EXECUTIVE DIRECTOR
Officer
35$131,915$7,021
ROBIN ELIACONTROLLER
Officer
30$73,829$3,947
STAN BUNNTRUSTEE
Trustee or director
1$0$0
JIM HUGHESTRUSTEE
Trustee or director
1$0$0
CHRISTA PEREIRATRUSTEE
Trustee or director
1$0$0
JOHN ABRAMSTRUSTEE
Trustee or director
1$0$0
TEENA PETERSOHNTRUSTEE
Trustee or director
1$0$0
GARY GLASSERPRESIDENT
Trustee or director, Officer
1$0$0
STEVE PONTELLTRUSTEE
Trustee or director
1$0$0
KAY STOLZERTRUSTEE
Trustee or director
1$0$0
DR MONICA ANDERSONTRUSTEE
Trustee or director
1$0$0
SANTY DISABATINOBOARD MEMBER & TREASURER
Trustee or director, Officer
1$0$0
PATRICIA BONDA-SWENSONTRUSTEE
Trustee or director
1$0$0
BILL BORWEGENTRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
SARA ROTHSCHILDEXECUTIVE DIRECTOR
Officer
35$143,371$10,800
LAURA OCCHIUZZIVICE PRESIDENT
Officer
35$127,194$6,840
ROBIN ELIACONTROLLER
Officer
24$59,142$1,913
JERRY CUDZILTRUSTEE
Trustee or director
1$0$0
STAN BUNNTRUSTEE
Trustee or director
1$0$0
JIM HUGHESTRUSTEE
Trustee or director
1$0$0
RODRIGO SALASTRUSTEE
Trustee or director
1$0$0
JOHN ABRAMSTRUSTEE
Trustee or director
1$0$0
TEENA PETERSOHNTRUSTEE
Trustee or director
1$0$0
GARY GLASSERPRESIDENT
Trustee or director, Officer
1$0$0
STEVE PONTELLTRUSTEE
Trustee or director
1$0$0
KAY STOLZERTRUSTEE
Trustee or director
1$0$0
DR MONICA ANDERSONTRUSTEE
Trustee or director
1$0$0
SANTY DISABATINOBOARD MEMBER & TREASURER
Trustee or director, Officer
1$0$0
PATRICIA BONDA-SWENSONTRUSTEE
Trustee or director
1$0$0
BILL BORWEGENTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
US HIGHWAY 46 WEST SUITE 202, WAYNE, NJ 07470-0000
Principal officer (990 for 2024)
SARA ROTHSCHILD, 155 US HIGHWAY 46 WEST 202, WAYNE, NJ 07470
Signed the 990
SARA ROTHSCHILD, EXEC. DIRECTOR
Phone
(973) 837-9092
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

ENHANCING SURVIVAL AND QUALITY OF LIFE FOR PEOPLE LIVING WITH GIST AND OTHER RARE CANCERS THROUGH PATIENT-POWERED RESEARCH, EDUCATION, EMPOWERMENT AND GLOBAL ADVOCACY EFFORTS.

990 for the year ended December 31, 2024

Program accomplishments

  • RESEARCH: WE FUND AND MANAGE UNIQUELY COORDINATED RESEARCH INITIATIVES THAT ALWAYS KEEP THE NEEDS OF GIST PATIENTS FOREMOST. THE LIFE RAFT GROUP (LRG) CONTINUES TO LEAD A COLLABORATIVE TEAM OF WORLD-RENOWNED SCIENTISTS AND CLINICIANS IN GIST. LRG HAS THE LARGEST GIST PATIENT REGISTRY IN THE WORLD. OUR RESEARCH PARADIGM IS PATIENT-POWERED SCIENCE FOR LIFE. A COMPREHENSIVE APPROACH THAT COMPLIMENTS TRADITIONAL RESEARCH WITH REAL WORLD EVIDENCE SUPPORTED BY DATA.
    Expenses $1,141,896 · grants $25,000
  • INFORMATION, EDUCATION, ADVOCACY, OUTREACH & ENGAGEMENT: THE LRG PROVIDES SUPPORT, INTERVENTION, EDUCATION AND ADVOCACY TO GIST PATIENTS, THEIR FAMILIES, AND CAREGIVERS. LOCAL SUPPORT IS AVAILABLE TO THE GIST COMMUNITY THROUGH A NETWORK OF LRG MENTORS AND VOLUNTEERS. OUR EDUCATION PROGRAMS ARE OFFERED WORLDWIDE. OUR GIST DAYS OF LEARNING ANDOUR BIENNIAL LIFE FEST EVENT GATHER EXPERTS FROM ACROSS THE GLOBE TO BRING THE MOST UP TO DATE INFORMATION ON GIST RESEARCH, EMERGING THERAPIES AND UPDATES ON THE WORLD OF GIST. OUR OUTREACH AND ENGAGEMENT EFFORTS ALSO INCLUDE PATIENT SUPPORT GROUPS, FOCUS GROUPS, MONTHLY WEBCASTS, OUR WEBSITE, ACCESS TO OUR CLINICAL TRIALS DATABASE AND OUR WORLDWIDE GIST SPECIALIST DATABASE. EXPERT PATIENT TRAINING IS OFFERED TO ALL MEMBERS.
    Expenses $488,643

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-0547746
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,761,480
Income (IRS master file)
$2,312,458

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,179,789$1,770,153$3,761,480XML
990December 2023$1,861,966$1,712,287$3,244,046XML
990December 2022$1,396,538$1,918,096$2,905,317IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––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 82-0547746).

Questions about LIFE RAFT GROUP INC

What is the EIN of LIFE RAFT GROUP INC?
The employer identification number (EIN) of LIFE RAFT GROUP INC is 82-0547746.
Is LIFE RAFT GROUP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to LIFE RAFT GROUP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIFE RAFT GROUP 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 LIFE RAFT GROUP INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFE RAFT GROUP INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIFE RAFT GROUP INC?
The 990 for the year ended December 31, 2024 names SARA ROTHSCHILD.
Who are the officers and directors of LIFE RAFT GROUP INC?
The 990 for the year ended December 31, 2024 lists 15 people; 3 received compensation from the organization, the highest $144,660 (SARA ROTHSCHILD, EXECUTIVE DIRECTOR).
How much revenue does LIFE RAFT GROUP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,179,789, expenses of $1,770,153 and total assets of $3,761,480 at year end.

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