Overview

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Est.

2010

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Lifeboat Alliance Ltd is a nonprofit organization dedicated to providing shelter resources and support for the homeless, operating under a Christian ministry framework. With an operating budget of $348.4K and total revenue of $284.7K for the 2024 filing year, the organization relies on multiple funding sources, none of which contribute 50% or more of its revenue. For more information, visit their website at www.lifeboatalliance.org.

Mission Statement

TO BE A CHRISTIAN MINISTRY OF SHELTER RESOURCES & SUPPORT FOR THE HOMELESS.
Revenues
$284.7K
Expenses
$348.4K
Net Income:
-$63.7K
Assets
$1.2M
Liabilities
$13.5K
Net Assets:
+$1.2M
Operating Budget
$348.4K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$2K
Largest grant received
$10K
C
Carol Rudofski
Board Member
M
Mary McGreer
Board Member
B
Barb Braddy
Board Member

Frequently Asked Questions

What is LIFEBOAT ALLIANCE LTD’s budget?
In 2024, LIFEBOAT ALLIANCE LTD reported an annual operating budget of around $348 thousand. More detailed financial information is available to registered users.
What causes does LIFEBOAT ALLIANCE LTD support?
LIFEBOAT ALLIANCE LTD supports work in Homeless shelters.
Where does LIFEBOAT ALLIANCE LTD operate?
LIFEBOAT ALLIANCE LTD is headquartered in Mtvernon, IL.
Who funded LIFEBOAT ALLIANCE LTD recently?
In 2024, LIFEBOAT ALLIANCE LTD received grants from UNITED WAY OF SOUTH CENTRAL ILLINOIS, FAIRFIELD NATIONAL BANK COMM FOUNDATION, and EDWARD JONES FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant LIFEBOAT ALLIANCE LTD received in 2024?
The largest grant to LIFEBOAT ALLIANCE LTD in 2024 exceeds $10 thousand.
What is LIFEBOAT ALLIANCE LTD’s reliance on government grants?
LIFEBOAT ALLIANCE LTD relied on government grants for more than 40% of their total revenue in 2024.