Foundation for Life EIN 23-7204494

Foundation for Life

EIN  23-7204494 Public charity (501(c)(3)) Toledo, OH
Form 990 (PDF) Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Foundation for Life claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
a civil rights and advocacy nonprofit
Leadership
Edward Sitter · Executive Dir. · $59K
Money in and out
$332K revenue, $291K expenses
Bottom line
80% program efficiency

Foundation for Life is a civil rights and advocacy nonprofit based in Toledo, OH. For fiscal year 2024 it reported $332K in revenue, $291K in expenses, and $400K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$332K
Pt VIII · Ln 12
Total expenses
$291K
Pt IX · Ln 25
Net assets
$400K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $41K
Where spending went · Part IX cols B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program efficiency
80%
of spending reaches programs▲ +28% vs prior filing year
Operating runway
16.4mo
months of highly liquid reserves at operating expense rate▲ +40% vs prior filing year
Surplus margin
+12%
revenue over expenses, this year▲ +214% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$332K
FY20240%
Expenses
$291K
FY2024▼ -21%
Total assets
$400K
FY2024▲ +11%
Total liabilities
$0
FY2024
Total revenue
$332K
Pt VIII · Ln 12
Total expenses
$291K
Pt IX · Ln 25
Net assets
$400K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$41K
Total assetsPt X · Ln 16$400K
Program-expense ratioPt IX · col B80%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $234K of program spending, described in the organization's own filed words · FY2024.
01

The foundation for life pays for billboards and radio spots promoting the pro- lifecause to people in toledo, ohio and the surronding areas. Additionally, the organization does periodic newsletters, places ads in local newspapers, pays for the production of videos for use by the public and provides speakers to do presentations.

$234Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CFoundation for Life
EINHdr · item D23-7204494
Principal addressHdr · item CToledo, OH
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MOH
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCivil Rights & Advocacy (R620)
Ruling yearIRS BMFSep 1972

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$59,184Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Edward Sitter’s $59K as Executive Dir. is at the 37th percentile of top reported officer pay among 1035 $100K–1M civil rights & advocacy nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021
Edward Sitter$59,184$58,088$56,992$47,635

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Foundation for Life executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants$230K · 69%
Other revenue$78K · 23%
Program service revenue$16K · 5%
Investment income$8K · 2%
Contributions & grants69%$230K
Other revenue23%$78K
Program service revenue5%$16K
Investment income2%$8K
Total revenueLn 12$332K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.80 Management & general $0.16 Fundraising $0.04
Program services80%$234K
Management & general16%$47K
Fundraising4%$11K
Total functional expensesLn 25$291K

Balance Sheet

Part X · end of year
CashLn 1$86K
Total assetsLn 16$400K
Total liabilitiesLn 26$0
Total net assetsLn 32$400K
Months of cash on handcomputed3.5

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $399K · Operating expenses/yr $291K
16.4 months
Where the money goes
Program services
Program services $234K · Total expenses $291K
80%
Management & General
Management & general $47K · Total expenses $291K
16%
Fundraising
Fundraising $11K · Total expenses $291K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $34K · Solicited contributions (3-yr avg) $243K
$0.14 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $230K · Total revenue $332K
69%
Government reliance
Government grants — · Total revenue $332K
Earned-income share
Program service revenue $16K · Total revenue $332K
5%
Investment reliance
Investment income $8K · Total revenue $332K
+2%
Program self-sufficiency
Program service revenue $16K · Total expenses $291K
5%
Growth & trend
Revenue growth (YoY)
This year $332K · Prior year $332K
0%
Revenue CAGR
FY2020 $227K · FY2024 $332K
+10%
Net-asset trend (YoY)
End of year $400K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $332K · Expenses $291K
+12%
Liabilities-to-Assets
Total liabilities — · Total assets $400K
Net-asset ratio
Net assets $400K · Total assets $400K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $314K · Total assets (Pt X, ln 16) $400K
78%
People & payroll
Highest Reported Total Compensation
Individual Edward Sitter · Reported title Executive Dir. · Highest reported compensation $59K · Total expenses $291K
20%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $132K · Total expenses $291K
45%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 80%
Overhead ratio 16%
Fundraising cost ratio 5%
Revenue growth -0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 2%
Fundraising fee ratio 0%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 2 funders$27K

Similar Organizations

Closest in mission — by what they do
See all organizations like Foundation for Life →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$332K revenue · viewing · ⤓ 990 PDF
FY2023$332K revenue · ⤓ 990 PDF
FY2022$443K revenue · ⤓ 990 PDF
FY2021$341K revenue · ⤓ 990 PDF
FY2020$227K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.