Civic Intelligence

Life Flight Network Foundation

990 • Fiscal year 2021 • EIN 27-0294759

Apr 01, 2020 to Mar 31, 2021 • Filed on Feb 14, 2022

22285 Yellow Gate Lane No 102Aurora, OR 97002

(503) 678-4364

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

84th percentile

0.69x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Liabilities / Revenue

83rd percentile

1.19x

Higher debt load relative to revenue than 83% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Net Margin

72nd percentile

26%

Higher net margin than 72% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Top Officer Pay

93rd percentile

$598,335

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2021

Asset Growth

63rd percentile

16%

Faster asset growth than 63% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Revenue Growth

61st percentile

20%

Faster revenue growth than 61% of similar nonprofits.

2021 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2020 to 2021

Assets

Up

$22,970,398

Up $3,140,106 (+16%) from 2020

Net Assets

Up

$7,186,288

Up $3,401,087 (+90%) from 2020

Liabilities

Down

$15,784,110

Down $260,981 (-1.6%) from 2020

Revenue

Up

$13,317,077

Up $2,252,185 (+20%) from 2020

Expenses

Down

$9,802,904

Down $2,500,826 (-20%) from 2020

Net Income

Up

$3,514,173

Up $4,753,011 (+384%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0-$10MAssets 2013: $179,053Liabilities 2013: $2,818,207Net Assets 2013: -$2,639,1542013Assets 2014: $1,993,299Liabilities 2014: $3,936,608Net Assets 2014: -$1,943,3092014Assets 2015: $1,020,574Liabilities 2015: $3,464,268Net Assets 2015: -$2,443,6942015Assets 2016: $3,483,948Liabilities 2016: $3,513,000Net Assets 2016: -$29,0522016Assets 2017: $6,471,176Liabilities 2017: $5,945,523Net Assets 2017: $525,6532017Assets 2018: $10,995,124Liabilities 2018: $8,307,296Net Assets 2018: $2,687,8282018Assets 2019: $14,326,383Liabilities 2019: $9,458,830Net Assets 2019: $4,867,5532019Assets 2020: $19,830,292Liabilities 2020: $16,045,091Net Assets 2020: $3,785,2012020Assets 2021: $22,970,398Liabilities 2021: $15,784,110Net Assets 2021: $7,186,2882021Assets 2022: $27,756,758Liabilities 2022: $20,110,951Net Assets 2022: $7,645,8072022Assets 2023: $30,806,586Liabilities 2023: $19,496,008Net Assets 2023: $11,310,5782023Assets 2024: $25,930,933Liabilities 2024: $19,714,959Net Assets 2024: $6,215,9742024Assets 2025: $32,275,784Liabilities 2025: $20,609,325Net Assets 2025: $11,666,4592025

Highlighted filing

2021

Assets$22,970,398
Liabilities$15,784,110
Net Assets$7,186,288

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$30M$20M$10M$0-$10MExpenses 2013: $2,874,6052013Revenue 2014: $3,854,496Expenses 2014: $3,158,651Net Income 2014: $695,8452014Revenue 2015: $3,993,992Expenses 2015: $4,494,376Net Income 2015: -$500,3842015Revenue 2016: $4,537,868Expenses 2016: $2,123,226Net Income 2016: $2,414,6422016Revenue 2017: $6,009,420Expenses 2017: $5,454,715Net Income 2017: $554,7052017Revenue 2018: $8,415,087Expenses 2018: $6,252,912Net Income 2018: $2,162,1752018Revenue 2019: $9,597,901Expenses 2019: $7,418,176Net Income 2019: $2,179,7252019Revenue 2020: $11,064,892Expenses 2020: $12,303,730Net Income 2020: -$1,238,8382020Revenue 2021: $13,317,077Expenses 2021: $9,802,904Net Income 2021: $3,514,1732021Revenue 2022: $13,971,410Expenses 2022: $12,086,089Net Income 2022: $1,885,3212022Revenue 2023: $15,610,139Expenses 2023: $11,539,203Net Income 2023: $4,070,9362023Revenue 2024: $16,575,646Expenses 2024: $22,514,078Net Income 2024: -$5,938,4322024Revenue 2025: $17,735,979Expenses 2025: $12,902,378Net Income 2025: $4,833,6012025

Highlighted filing

2021

Revenue$13,317,077
Expenses$9,802,904
Net Income$3,514,173
Jump To
Filing Snapshot
Filing Period
Apr 1, 2020 to Mar 31, 2021
Signed
Feb 14, 2022
Return Version
2020v4.2
Gross Receipts
$13,317,077
Mission and Program Overview

Mission

To support training, outreach programs and transport services provided by life flight network.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$9,834,164$18,684,350▲ $8,850,186
Savings and Temporary Cash Investments$7,414,001$3,186,874▼ $4,227,127
Cash and Non-Interest-Bearing Accounts$2,536,809$904,523▼ $1,632,286
Prepaid Expenses and Deferred Charges$45,318$23,364▼ $21,954
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$19,830,292$22,970,398▲ $3,140,106
Other Assets Total$0$171,287▲ $171,287
Liabilities
Deferred Revenue$10,459,134$11,861,686▲ $1,402,552
Other Liabilities$5,520,095$3,773,977▼ $1,746,118
Accounts Payable and Accrued Expenses$65,862$148,447▲ $82,585
Total Liabilities$16,045,091$15,784,110▼ $260,981
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,284,370$7,186,288▲ $3,901,918
Net Assets With Donor Restrictions$500,831$0▼ $500,831
Total Net Assets Fund Balance$3,785,201$7,186,288▲ $3,401,087
Total Liabilities and Net Assets / Fund Balance$19,830,292$22,970,398▲ $3,140,106

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$37,933$37,933
Compensation and Service Providers

Board Members and Trustees

NameTitle
Diana GernhartBod, Finance Chair/treasurer
Tom Lorish MdBod, Operations Chair
Michael GriffithsBod President & CEO
Gretchen NicholsBod
Jennifer MisajetBod
Joe NessBod
Lannie CheckettsBod
Mike Barsotti MdBod
Sarah JensenBod
Adam OsborneInterim CFO
Randal MoorePrior CFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Life Flight Network LLCManagement And Transport Services22285 YELLOW GATE LANE SUITE 102, Aurora, OR 97002$120,000
Impact PrintingPrinting And Graphic Design8280 SW NIMBUS AVE, Beaverton, OR 97008$117,689
Revenue and Support

Revenue Composition

Contributions and Grants
$85,200
Program Service Revenue
$12,924,346
Investment Income
$307,531
Other Revenue
$0
All Other Contributions
$85,200
Change in Net Assets
$3,514,173

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,317,077
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-113,086
Total Revenue per Audited Statements
$13,203,991
Total Revenue per Form 990
$13,317,077
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,235,349
Other Expenses$872,201
Salaries, Compensation, and Employee Benefits$695,354
Total Fundraising Expense$15,677
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$8,235,349--$8,235,349
Other Salaries and Wages$500,855$126,799$6,340$633,994
Office Expenses$298,345$75,530$3,777$377,652
Fees for Services Management$94,800$24,000$1,200$120,000
Advertising$52,725$13,348$667$66,740
Payroll Taxes$48,474$12,272$614$61,360
Other Expenses$25,893$6,557$328$32,778
Travel$1,284$325$16$1,625
Information Technology$67$17$1$85
Total Functional Expenses$9,473,715$313,512$15,677$9,802,904

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,802,904
Total Expenses per Audited Statements$9,802,904
Total Expenses per Form 990$9,802,904
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Life Flight Network LLCAurora, OR-Emergency Medical Transport and Training$7,703,252
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Note Payable to Affiliate$3,773,977
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 is reviewed by the cfo of life flight network, llc.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed by the board at least annually.

Form 990, Part VI, Section C, Line 19

The financial statements, governing documents and conflict of interest policy are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Life Flight Network Foundation
EIN
27-0294759
Phone
5036784364
Address
22285 YELLOW GATE LANE NO 102, AURORA, OR 97002

Signing Officer

Name
Ben Clayton
Title
President and Interim CEO
Phone
5036784364
Signed
2022-02-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Clayton
Formed
2009
Legal Domicile
Or
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
9

Preparer

Firm
Moss Adams Llp
Address
805 SW BROADWAY STE 1200, PORTLAND, OR 97205
Preparer
Wendy Campos
Phone
5032421447
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The internal revenue service has determined that the foundation is a tax-exempt organization under internal revenue code (irc) section 501(c)(3). As such, only the foundation's unrelated business income is subject to federal or state income taxes. Lfn leasing is a single member llc and is considered to be a "disregarded entity" for income tax purposes; accordingly, lfn leasing does not file separate income tax returns, and the income tax effects of lfn leasing's operations are included in the foundation's information returns. It is management's belief that none of the foundation's activities have generated material unrelated business income. Therefore, no provision for income taxes has been included in the accompanying consolidated financial statements. Income tax positions that meet a "more-likely-than-not" recognition threshold are measured as the largest amount of income tax benefit that is more than 50% likely of being realized upon settlement with the applicable taxing authority. The portion of the benefits associated with income tax positions taken that exceeds the amount measured as described above, if any, would be reflected as a liability for unrecognized income tax benefits in the foundation's consolidated statements of financial position along with any associated interest and penalties that would be payable to the taxing authorities upon examination. Interest and penalties associated with unrecognized income tax benefits would be classified as income taxes in the foundation's consolidated statements of activities. There were no unrecognized income tax benefits, nor any interest and penalties associated with unrecognized income tax benefits, accrued or expensed as of and for the years ended march 31, 2021 and 2020. The foundation files federal information returns in the u.s. And state information returns in oregon.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/InvestmentsPubTradedSecGrp/BOYAmt09834164
IRS990/InvestmentsPubTradedSecGrp/EOYAmt018684350
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt037933
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt037933
IRS990/LegalDomicileStateCd0OR
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO SUPPORT TRAINING, OUTREACH PROGRAMS AND TRANSPORT SERVICES PROVIDED BY LIFE FLIGHT NETWORK.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03785201
IRS990/NetAssetsOrFundBalancesEOYAmt07186288
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-113086
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03284370
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07186288
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03777
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt075530
IRS990/OfficeExpensesGrp/ProgramServicesAmt0298345
IRS990/OfficeExpensesGrp/TotalAmt0377652
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt00
IRS990/OtherAssetsTotalGrp/EOYAmt0171287
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MERCHANT FEES
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt02116
IRS990/OtherExpensesGrp/FundraisingAmt1618
IRS990/OtherExpensesGrp/FundraisingAmt2328
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt042311
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt112353
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26557
IRS990/OtherExpensesGrp/ProgramServicesAmt0167127
IRS990/OtherExpensesGrp/ProgramServicesAmt148796
IRS990/OtherExpensesGrp/ProgramServicesAmt225893
IRS990/OtherExpensesGrp/TotalAmt0211554
IRS990/OtherExpensesGrp/TotalAmt161767
IRS990/OtherExpensesGrp/TotalAmt232778
IRS990/OtherLiabilitiesGrp/BOYAmt05520095
IRS990/OtherLiabilitiesGrp/EOYAmt03773977
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06340
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0126799
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0500855
IRS990/OtherSalariesAndWagesGrp/TotalAmt0633994
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0614
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt012272
IRS990/PayrollTaxesGrp/ProgramServicesAmt048474
IRS990/PayrollTaxesGrp/TotalAmt061360
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt045318
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt023364
IRS990/PrincipalOfficerNm0BEN CLAYTON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0621910
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2561439
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc1FIREMED ADMINISTRATION
IRS990/ProgramServiceRevenueGrp/Desc2OTHER PROGRAM SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt012198788
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1716081
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt29477
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012198788
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1716081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt29477
IRS990/ProgSrvcAccomActy2Grp/Desc0FUNDING TO LIFE FLIGHT NETWORK TO COVER COSTS OF EMERGENCY MEDICAL TRANSPORTATION PROVIDED TO PATIENTS WHO ARE MEMBERS. PAYMENT COVERS THE REMAINING CHARGES AFTER ANY INSURANCE PAYMENTS FOR THESE TRANSPORTS.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt04438012
IRS990/ProgSrvcAccomActy2Grp/GrantAmt04438012
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt012198788
IRS990/ProgSrvcAccomActy3Grp/Desc0GENERAL SUPPORT FOR LIFE FLIGHT NETWORK AIR TRANSPORT SERVICES INCLUDING SUPPORT FOR ANNUAL FIREMED AND MEDIX AMBULANCE JOINT PUBLIC EDUCATION DRIVES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt01770463
IRS990/ProgSrvcAccomActy3Grp/GrantAmt0532096
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0716081
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt036517
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt011098188
IRS990/PYInvestmentIncomeAmt0139932
IRS990/PYOtherExpensesAmt0745982
IRS990/PYOtherRevenueAmt0-15000
IRS990/PYProgramServiceRevenueAmt010903443
IRS990/PYRevenuesLessExpensesAmt0-1238838
IRS990/PYSalariesCompEmpBnftPaidAmt0459560
IRS990/PYTotalExpensesAmt012303730
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt011064892
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt03514173
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt09477
IRS990/SavingsAndTempCashInvstGrp/BOYAmt07414001
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03186874
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt085200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt036517
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt074640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0351899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0238230
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0786486
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0307531
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0139932
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0447463
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt012924346
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt010903443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt09523261
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt08063188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt05771130
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt047185368
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0307531
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0139932
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0447463
IRS990ScheduleA/InvestmentIncomeCYPct00.00920
IRS990ScheduleA/InvestmentIncomePYPct00.00360
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99080
IRS990ScheduleA/PublicSupportPY509Pct00.99640
IRS990ScheduleA/PublicSupportTotal509Amt047971854
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013009546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010939960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09597901
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt08415087
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt06009360
IRS990ScheduleA/Total509Grp/TotalAmt047971854
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013317077
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt011079892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt09597901
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt08415087
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt06009360
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt048419317
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt037933
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037933
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09802904
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-113086
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03773977
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt0-113086
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013317077
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3). AS SUCH, ONLY THE FOUNDATION'S UNRELATED BUSINESS INCOME IS SUBJECT TO FEDERAL OR STATE INCOME TAXES. LFN LEASING IS A SINGLE MEMBER LLC AND IS CONSIDERED TO BE A "DISREGARDED ENTITY" FOR INCOME TAX PURPOSES; ACCORDINGLY, LFN LEASING DOES NOT FILE SEPARATE INCOME TAX RETURNS, AND THE INCOME TAX EFFECTS OF LFN LEASING'S OPERATIONS ARE INCLUDED IN THE FOUNDATION'S INFORMATION RETURNS. IT IS MANAGEMENT'S BELIEF THAT NONE OF THE FOUNDATION'S ACTIVITIES HAVE GENERATED MATERIAL UNRELATED BUSINESS INCOME. THEREFORE, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. INCOME TAX POSITIONS THAT MEET A "MORE-LIKELY-THAN-NOT" RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF INCOME TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH INCOME TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE, IF ANY, WOULD BE REFLECTED AS A LIABILITY FOR UNRECOGNIZED INCOME TAX BENEFITS IN THE FOUNDATION'S CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED INCOME TAX BENEFITS WOULD BE CLASSIFIED AS INCOME TAXES IN THE FOUNDATION'S CONSOLIDATED STATEMENTS OF ACTIVITIES. THERE WERE NO UNRECOGNIZED INCOME TAX BENEFITS, NOR ANY INTEREST AND PENALTIES ASSOCIATED WITH UNRECOGNIZED INCOME TAX BENEFITS, ACCRUED OR EXPENSED AS OF AND FOR THE YEARS ENDED MARCH 31, 2021 AND 2020. THE FOUNDATION FILES FEDERAL INFORMATION RETURNS IN THE U.S. AND STATE INFORMATION RETURNS IN OREGON.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt09802904
IRS990ScheduleD/TotalLiabilityAmt03773977
IRS990ScheduleD/TotalRevenuePerForm990Amt013317077
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013203991
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09802904
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt07703252
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt0532097
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0TRANSFER OF EQUIPMENT

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