Civic Intelligence

Lifeline Properties Inc

990 • Fiscal year 2019 • EIN 86-0913022

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 05, 2020

1055 E Hearn RdPhoenix, AZ 85022

(602) 993-5780

Siviq Scores

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

Liabilities / Assets

34th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

96th percentile

100%

Higher net margin than 96% of similar nonprofits.

2019 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

64th percentile

$0

Higher top officer pay than 64% of similar nonprofits.

2019 filings • 501(c)2 • $500k-$1M nonprofits • Source year 2019

Asset Growth

32nd percentile

-2.8%

Faster asset growth than 32% of similar nonprofits.

2019 filings • 501(c)2 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2018 to 2019

Assets

Down

$800,662

Down $22,929 (-2.8%) from 2018

Net Assets

Down

$800,662

Down $22,929 (-2.8%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

-$22,929

Down $7,868 (-52%) from 2018

Expenses

Down

$0

Down $13,500 (-100%) from 2018

Net Income

Up

-$22,929

Up $5,632 (+20%) from 2018

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2013: $945,752Liabilities 2013: $0Net Assets 2013: $945,7522013Assets 2014: $916,411Liabilities 2014: $0Net Assets 2014: $916,4112014Assets 2015: $891,446Liabilities 2015: $149Net Assets 2015: $891,2972015Assets 2016: $871,354Liabilities 2016: $1,196Net Assets 2016: $870,1582016Assets 2017: $852,152Liabilities 2017: $0Net Assets 2017: $852,1522017Assets 2018: $823,591Liabilities 2018: $0Net Assets 2018: $823,5912018Assets 2019: $800,662Liabilities 2019: $0Net Assets 2019: $800,6622019Assets 2020: $781,497Liabilities 2020: $148Net Assets 2020: $781,3492020Assets 2021: $2,844,000Liabilities 2021: $2,065,776Net Assets 2021: $778,2242021Assets 2022: $2,841,905Liabilities 2022: $2,063,824Net Assets 2022: $778,0812022Assets 2023: $2,822,306Liabilities 2023: $2,063,824Net Assets 2023: $758,4822023Assets 2024: $2,742,361Liabilities 2024: $2,094,290Net Assets 2024: $648,0712024Assets 2025: $2,755,269Liabilities 2025: $2,105,074Net Assets 2025: $650,1952025

Highlighted filing

2019

Assets$800,662
Liabilities$0
Net Assets$800,662

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2013: $9,614Expenses 2013: $19,010Net Income 2013: -$9,3962013Revenue 2014: $33,930Expenses 2014: $63,271Net Income 2014: -$29,3412014Revenue 2015: $56,103Expenses 2015: $81,217Net Income 2015: -$25,1142015Revenue 2016: $51,491Expenses 2016: $72,630Net Income 2016: -$21,1392016Revenue 2017: $46,044Expenses 2017: $64,050Net Income 2017: -$18,0062017Revenue 2018: -$15,061Expenses 2018: $13,500Net Income 2018: -$28,5612018Revenue 2019: -$22,929Expenses 2019: $0Net Income 2019: -$22,9292019Revenue 2020: -$19,313Expenses 2020: $0Net Income 2020: -$19,3132020Revenue 2021: -$3,125Expenses 2021: $19,133Net Income 2021: -$22,2582021Revenue 2022: -$144Expenses 2022: $19,119Net Income 2022: -$19,2632022Revenue 2023: -$580Expenses 2023: $19,019Net Income 2023: -$19,5992023Revenue 2024: -$221Expenses 2024: $71,938Net Income 2024: -$72,1592024Revenue 2025: $74,062Expenses 2025: $71,938Net Income 2025: $2,1242025

Highlighted filing

2019

Revenue-$22,929
Expenses$0
Net Income-$22,929
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 5, 2020
Return Version
2019v5.0
Gross Receipts
$0
Mission and Program Overview

Mission

ORGANIZATION HOLDS TITLE AND RENTS PROPERTY TO A NON-PROFIT SCHOOL; PROVIDES FUNDS TO SUPPORT FOUNTAIN OF LIFE INTERNATIONAL CHURCH, A 501 (c) (3) ORGANIZATION

Organization holds title and rents property to a non-profit school; provides funds to support fountain of life international church, a 501(c) (3) organization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$823,288$800,359▼ $22,929
Cash and Non-Interest-Bearing Accounts$303$303→ $0
Total Assets$823,591$800,662▼ $22,929
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$823,591$800,662▼ $22,929
Total Net Assets Fund Balance$823,591$800,662▼ $22,929
Total Liabilities and Net Assets / Fund Balance$823,591$800,662▼ $22,929

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$496,130$269,794$765,924
Land$210,300-$210,300
Leasehold Improvements$93,600$27,509$121,109
Equipment$329$3,452$3,781
Compensation and Service Providers

Board Members and Trustees

NameTitle
Mark OlsonPresident/ce
Don FaustTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$-22,929
Change in Net Assets
$-22,929
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by president of organization before filing.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Lifeline Properties Inc
EIN
86-0913022
Phone
6029935780
Address
1055 E HEARN RD, PHOENIX, AZ 85022

Signing Officer

Name
Mark Olson
Title
President/CEO
Phone
6029935780
Signed
2020-02-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Olson
Formed
1998
Legal Domicile
Az
Voting Board Members
2
Independent Board Members
2
Employees
0

Preparer

Firm
Kimberly Widner Pllc
Address
14990 E ZAPATA DR, FOUNTAIN HILLS, AZ 85268-1656
Preparer
Kimberly Widner
Phone
6028206807
Raw XML Appendix230 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/LessRentalExpensesGrp/RealAmt022929
IRS990/LoanOutstandingInd0false
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ReturnHeader/BuildTS02020-09-23 17:36:50Z
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ReturnHeader/TaxYr02019

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Filings