Civic Intelligence

Life Flight Network Foundation

990 • Fiscal year 2022 • EIN 27-0294759

Apr 01, 2021 to Mar 31, 2022 • Filed on Feb 10, 2023

22285 Yellow Gate Lane 102Aurora, OR 97002

(503) 678-4364

Siviq Scores

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

Liabilities / Assets

85th percentile

0.72x

Higher debt load relative to assets than 85% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Liabilities / Revenue

82nd percentile

1.44x

Higher debt load relative to revenue than 82% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Net Margin

64th percentile

13%

Higher net margin than 64% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Top Officer Pay

85th percentile

$546,551

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 3.9% of source-year revenue.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2022

Asset Growth

82nd percentile

21%

Faster asset growth than 82% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Revenue Growth

52nd percentile

4.9%

Faster revenue growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2021 to 2022

Assets

Up

$27,756,758

Up $4,786,360 (+21%) from 2021

Net Assets

Up

$7,645,807

Up $459,519 (+6.4%) from 2021

Liabilities

Up

$20,110,951

Up $4,326,841 (+27%) from 2021

Revenue

Up

$13,971,410

Up $654,333 (+4.9%) from 2021

Expenses

Up

$12,086,089

Up $2,283,185 (+23%) from 2021

Net Income

Down

$1,885,321

Down $1,628,852 (-46%) from 2021

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

2022

Assets$27,756,758
Liabilities$20,110,951
Net Assets$7,645,807

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

2022

Revenue$13,971,410
Expenses$12,086,089
Net Income$1,885,321
Jump To
Filing Snapshot
Filing Period
Apr 1, 2021 to Mar 31, 2022
Signed
Feb 10, 2023
Return Version
2021v4.2
Gross Receipts
$13,971,410
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$18,684,350$25,507,069▲ $6,822,719
Savings and Temporary Cash Investments$3,186,874$1,676,112▼ $1,510,762
Cash and Non-Interest-Bearing Accounts$904,523$264,058▼ $640,465
Prepaid Expenses and Deferred Charges$23,364$73,920▲ $50,556
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$22,970,398$27,756,758▲ $4,786,360
Other Assets Total$171,287$235,599▲ $64,312
Liabilities
Deferred Revenue$11,861,686$13,762,342▲ $1,900,656
Other Liabilities$3,773,977$6,090,866▲ $2,316,889
Accounts Payable and Accrued Expenses$148,447$257,743▲ $109,296
Total Liabilities$15,784,110$20,110,951▲ $4,326,841
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,186,288$7,645,807▲ $459,519
Total Net Assets Fund Balance$7,186,288$7,645,807▲ $459,519
Total Liabilities and Net Assets / Fund Balance$22,970,398$27,756,758▲ $4,786,360

Asset Categories

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

Board Members and Trustees

NameTitle
Tom LorishBoard Chair
Amy ChaumetonBoard Member
David McfaydenBoard Member
Jennifer DollBoard Member
Joe NessBoard Member
Mike BarsottiBoard Member
Sarah JensenBoard Member
Lannie CheckettsBoard Treasurer
Benjamin ClaytonCEO
Michael GriffithsCEO (former)
Adam OsborneCFO

Highest Paid Contractors

ContractorServicesLocationCompensation
Impact PrintingPrinting And Graphic Design8280 SW NIMBUS AVE, Beaverton, OR 97008$147,885
Life Flight Network LLCManagement And Transport Services22285 YELLOW GATE LANE SUITE 102, Aurora, OR 97002$120,155
Revenue and Support

Revenue Composition

Contributions and Grants
$39,079
Program Service Revenue
$13,669,059
Investment Income
$263,272
Other Revenue
$0
All Other Contributions
$39,079
Change in Net Assets
$1,885,321

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,971,410
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,425,802
Total Revenue per Audited Statements
$12,545,608
Total Revenue per Form 990
$13,971,410
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$10,495,236
Salaries, Compensation, and Employee Benefits$796,824
Other Expenses$794,029
Total Fundraising Expense$15,910
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$10,495,236--$10,495,236
Other Salaries and Wages$574,146$145,353$7,268$726,767
Office Expenses$265,235$67,148$3,358$335,741
Fees for Services Management$94,922$24,031$1,202$120,155
Payroll Taxes$55,345$14,011$701$70,057
Other Expenses$29,344$7,429$371$37,144
Advertising$22,826$5,779$289$28,894
Information Technology$5,119$1,296$65$6,480
Travel$503$127$6$636
Total Functional Expenses$11,752,009$318,170$15,910$12,086,089

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,086,089
Total Expenses per Audited Statements$12,086,089
Total Expenses per Form 990$12,086,089
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$10,495,236
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$6,090,866
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 102, AURORA, OR 97002

Signing Officer

Name
Ben Clayton
Title
CEO
Phone
5036784364
Signed
2023-02-10
Discuss with paid preparer
Yes

Organization Details

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

Preparer

Firm
Moss Adams Llp
Address
805 SW BROADWAY STE 1400, 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, 2022 and 2021. The foundation files federal information returns in the u.s. And state information returns in oregon.

Raw XML AppendixShowing 400 of 623 raw XML fields

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/LandBldgEquipAccumDeprecAmt037933
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
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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/NetAssetsOrFundBalancesBOYAmt07186288
IRS990/NetAssetsOrFundBalancesEOYAmt07645807
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-1425802
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07186288
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07645807
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt03358
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt067148
IRS990/OfficeExpensesGrp/ProgramServicesAmt0265235
IRS990/OfficeExpensesGrp/TotalAmt0335741
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0171287
IRS990/OtherAssetsTotalGrp/EOYAmt0235599
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MERCHANT FEES
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt02079
IRS990/OtherExpensesGrp/FundraisingAmt1571
IRS990/OtherExpensesGrp/FundraisingAmt2371
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt041577
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111419
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt27429
IRS990/OtherExpensesGrp/ProgramServicesAmt0164229
IRS990/OtherExpensesGrp/ProgramServicesAmt145104
IRS990/OtherExpensesGrp/ProgramServicesAmt229344
IRS990/OtherExpensesGrp/TotalAmt0207885
IRS990/OtherExpensesGrp/TotalAmt157094
IRS990/OtherExpensesGrp/TotalAmt237144
IRS990/OtherLiabilitiesGrp/BOYAmt03773977
IRS990/OtherLiabilitiesGrp/EOYAmt06090866
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt07268
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0145353
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0574146
IRS990/OtherSalariesAndWagesGrp/TotalAmt0726767
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0701
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt014011
IRS990/PayrollTaxesGrp/ProgramServicesAmt055345
IRS990/PayrollTaxesGrp/TotalAmt070057
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt023364
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt073920
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/RelatedOrExemptFuncIncomeAmt012976725
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1677591
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt214743
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt012976725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1677591
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt214743
IRS990/ProgSrvcAccomActy2Grp/Desc0FUNDING TO LIFE FLIGHT NETWORK TO COVER COSTS OF EMERGENCY MEDICAL TRANSPORT VIA LIFE FLIGHT FOR PATIENTS QUALIFIED FOR CHARITY CARE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02014141
IRS990/ProgSrvcAccomActy2Grp/GrantAmt02014141
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt014743
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/ExpenseAmt01256773
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0677591
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt085200
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt08235349
IRS990/PYInvestmentIncomeAmt0307531
IRS990/PYOtherExpensesAmt0872201
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt012924346
IRS990/PYRevenuesLessExpensesAmt03514173
IRS990/PYSalariesCompEmpBnftPaidAmt0695354
IRS990/PYTotalExpensesAmt09802904
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013317077
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01885321
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012976725
IRS990/SavingsAndTempCashInvstGrp/BOYAmt03186874
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01676112
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt039079
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt085200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt036517
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt074640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0351899
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0587335
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0263272
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0307531
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0139932
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0710735
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013669059
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt012924346
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt010903443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt09523261
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt08063188
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt055083297
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0263272
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0307531
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0139932
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0710735
IRS990ScheduleA/InvestmentIncomeCYPct00.01260
IRS990ScheduleA/InvestmentIncomePYPct00.00920
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98740
IRS990ScheduleA/PublicSupportPY509Pct00.99080
IRS990ScheduleA/PublicSupportTotal509Amt055670632
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013708138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013009546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010939960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt09597901
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08415087
IRS990ScheduleA/Total509Grp/TotalAmt055670632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013971410
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt013317077
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt011079892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt09597901
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08415087
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt056381367
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/ExpensesSubtotalAmt012086089
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-1425802
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt06090866
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt0-1425802
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013971410
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, 2022 AND 2021. THE FOUNDATION FILES FEDERAL INFORMATION RETURNS IN THE U.S. AND STATE INFORMATION RETURNS IN OREGON.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt012086089
IRS990ScheduleD/TotalLiabilityAmt06090866
IRS990ScheduleD/TotalRevenuePerForm990Amt013971410
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt012545608
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt012086089
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt010495236
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00

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