Civic Intelligence

Life Flight Network Foundation

990 • Fiscal year 2023 • EIN 27-0294759

Apr 01, 2022 to Mar 31, 2023 • Filed on Feb 05, 2024

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

81st percentile

0.63x

Higher debt load relative to assets than 81% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

1.25x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

82nd percentile

26%

Higher net margin than 82% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Top Officer Pay

87th percentile

$613,282

Higher top officer pay than 87% of similar nonprofits.

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

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

63rd percentile

11%

Faster asset growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

63rd percentile

12%

Faster revenue growth than 63% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$30,806,586

Up $3,049,828 (+11%) from 2022

Net Assets

Up

$11,310,578

Up $3,664,771 (+48%) from 2022

Liabilities

Down

$19,496,008

Down $614,943 (-3.1%) from 2022

Revenue

Up

$15,610,139

Up $1,638,729 (+12%) from 2022

Expenses

Down

$11,539,203

Down $546,886 (-4.5%) from 2022

Net Income

Up

$4,070,936

Up $2,185,615 (+116%) from 2022

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

2023

Assets$30,806,586
Liabilities$19,496,008
Net Assets$11,310,578

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

2023

Revenue$15,610,139
Expenses$11,539,203
Net Income$4,070,936
Jump To
Filing Snapshot
Filing Period
Apr 1, 2022 to Mar 31, 2023
Signed
Feb 5, 2024
Return Version
2022v5.0
Gross Receipts
$15,610,139
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$25,507,069$20,243,218▼ $5,263,851
Savings and Temporary Cash Investments$1,676,112$9,512,617▲ $7,836,505
Cash and Non-Interest-Bearing Accounts$264,058$571,876▲ $307,818
Prepaid Expenses and Deferred Charges$73,920$21,015▼ $52,905
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$27,756,758$30,806,586▲ $3,049,828
Other Assets Total$235,599$457,860▲ $222,261
Liabilities
Deferred Revenue$13,762,342$15,133,976▲ $1,371,634
Other Liabilities$6,090,866$4,279,868▼ $1,810,998
Accounts Payable and Accrued Expenses$257,743$82,164▼ $175,579
Total Liabilities$20,110,951$19,496,008▼ $614,943
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,645,807$11,310,578▲ $3,664,771
Total Net Assets Fund Balance$7,645,807$11,310,578▲ $3,664,771
Total Liabilities and Net Assets / Fund Balance$27,756,758$30,806,586▲ $3,049,828

Asset Categories

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

Board Members and Trustees

NameTitle
Joe NessBoard Chair
Amy ChaumetonBoard Member
Ben LeblancBoard Member
David McfaydenBoard Member
Jennifer DollBoard Member
Mike BarsottiBoard Member
Sarah JensenBoard Member
Lannie CheckettsBoard Treasurer
Dominic PomponioCBO
Benjamin ClaytonCEO

Highest Paid Contractors

ContractorServicesLocationCompensation
Life Flight Network LLCManagement And Transport Services22285 YELLOW GATE LANE SUITE 102, Aurora, OR 97002$120,000
Revenue and Support

Revenue Composition

Contributions and Grants
$121,721
Program Service Revenue
$15,064,776
Investment Income
$423,642
Other Revenue
$0
All Other Contributions
$121,721
Change in Net Assets
$4,070,936

Audited Revenue Reconciliation

Revenue per Audited Statements
$15,610,139
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-406,165
Total Revenue per Audited Statements
$15,203,974
Total Revenue per Form 990
$15,610,139
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$9,311,013
Salaries, Compensation, and Employee Benefits$1,280,416
Other Expenses$947,774
Total Fundraising Expense$22,280
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$9,311,013--$9,311,013
Other Salaries and Wages$672,065$170,143$8,507$850,715
Office Expenses$347,311$87,927$4,396$439,634
Other Employee Benefits$223,454$56,571$2,829$282,854
Fees for Services Management$94,800$24,000$1,200$120,000
Advertising$80,710$20,433$1,022$102,165
Payroll Taxes$66,644$16,872$844$84,360
Pension Plan Contributions$49,365$12,497$625$62,487
Information Technology$36,095$9,138$455$45,688
Other Expenses$26,145$6,616$330$33,091
Total Functional Expenses$11,071,287$445,636$22,280$11,539,203

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,539,203
Total Expenses per Audited Statements$11,539,203
Total Expenses per Form 990$11,539,203
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$9,311,013
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$4,279,868
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
2024-02-05
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, 2023 and 2022. The foundation files federal information returns in the u.s. And state information returns in oregon.

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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07645807
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt011310578
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt04396
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt087927
IRS990/OfficeExpensesGrp/ProgramServicesAmt0347311
IRS990/OfficeExpensesGrp/TotalAmt0439634
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0235599
IRS990/OtherAssetsTotalGrp/EOYAmt0457860
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt02829
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt056571
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0223454
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0282854
IRS990/OtherExpensesGrp/Desc0MERCHANT FEES
IRS990/OtherExpensesGrp/Desc1CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc2SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt01121
IRS990/OtherExpensesGrp/FundraisingAmt1951
IRS990/OtherExpensesGrp/FundraisingAmt2330
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022422
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt119017
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt26616
IRS990/OtherExpensesGrp/ProgramServicesAmt088567
IRS990/OtherExpensesGrp/ProgramServicesAmt175118
IRS990/OtherExpensesGrp/ProgramServicesAmt226145
IRS990/OtherExpensesGrp/TotalAmt0112110
IRS990/OtherExpensesGrp/TotalAmt195086
IRS990/OtherExpensesGrp/TotalAmt233091
IRS990/OtherLiabilitiesGrp/BOYAmt06090866
IRS990/OtherLiabilitiesGrp/EOYAmt04279868
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08507
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0170143
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0672065
IRS990/OtherSalariesAndWagesGrp/TotalAmt0850715
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0844
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt016872
IRS990/PayrollTaxesGrp/ProgramServicesAmt066644
IRS990/PayrollTaxesGrp/TotalAmt084360
IRS990/PensionPlanContributionsGrp/FundraisingAmt0625
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt012497
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt049365
IRS990/PensionPlanContributionsGrp/TotalAmt062487
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt073920
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt021015
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/RelatedOrExemptFuncIncomeAmt014422747
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1626889
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt215140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt014422747
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1626889
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt215140
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/ExpenseAmt02205192
IRS990/ProgSrvcAccomActy2Grp/GrantAmt02205192
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt015140
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/ExpenseAmt01760274
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0626889
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt039079
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt010495236
IRS990/PYInvestmentIncomeAmt0263272
IRS990/PYOtherExpensesAmt0794029
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt013669059
IRS990/PYRevenuesLessExpensesAmt01885321
IRS990/PYSalariesCompEmpBnftPaidAmt0796824
IRS990/PYTotalExpensesAmt012086089
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt013971410
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt04070936
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt014422747
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01676112
IRS990/SavingsAndTempCashInvstGrp/EOYAmt09512617
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt039079
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt085200
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt036517
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt074640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0357157
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0423642
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0263272
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0307531
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0139932
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01134377
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt015064776
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt013669059
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt012924346
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt010903443
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt09523261
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt062084885
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0423642
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0263272
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0307531
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0139932
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01134377
IRS990ScheduleA/InvestmentIncomeCYPct00.01780
IRS990ScheduleA/InvestmentIncomePYPct00.01260
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98220
IRS990ScheduleA/PublicSupportPY509Pct00.98740
IRS990ScheduleA/PublicSupportTotal509Amt062442042
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt015186497
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt013708138
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt013009546
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt010939960
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt09597901
IRS990ScheduleA/Total509Grp/TotalAmt062442042
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt015610139
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt013971410
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt013317077
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt011079892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt09597901
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt063576419
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
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IRS990/ScheduleBRequiredInd01
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IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt037933
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt011539203
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-406165
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04279868
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0NOTE PAYABLE TO AFFILIATE
IRS990ScheduleD/RevenueNotReportedAmt0-406165
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt015610139
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, 2023 AND 2022. 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/TotalExpensesPerForm990Amt011539203
IRS990ScheduleD/TotalLiabilityAmt04279868
IRS990ScheduleD/TotalRevenuePerForm990Amt015610139
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt015203974
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt011539203
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt09311013
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EMERGENCY MEDICAL TRANSPORT AND TRAINING
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0LIFE FLIGHT NETWORK LLC
IRS990ScheduleI/RecipientTable/RecipientEIN0205016802
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt022285 YELLOW GATE LANE SUITE 102
IRS990ScheduleI/RecipientTable/USAddress/CityNm0AURORA

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