LIFEBOAT FOUNDATION USA Charity Report

Public IRS 990 nonprofit record

LIFEBOAT FOUNDATION USA

EIN 72-1461140 · Philanthropy, Voluntarism & Grantmaking Foundations N.E.C. (T99)

What they do

Emergency Relief Fund for Caesars Employees and Their Families Suffering From Catastrophes or Hardships.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $92.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders16 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

521.90%of revenue went to mission work92.8% of expenses · Program services

$562.21spent for every $100 of revenueSpending was higher than revenue this year.

40.31%of revenue went to management and office costs7.2% of expenses

$4.87in assets for every $1 spent this yearSome assets cannot be spent right away.

97.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $301,276 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$65,181

Mission workProgram services$340,180521.90% of revenue92.8% of expenses

ManagementOffice and general costs$26,27740.31% of revenue7.2% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$366,457562.21% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 562.21% of revenue

2023Expense mix: 97.3% mission · 2.7% management · 0.0% fundraisingTotal expenses: 527.12% of revenue

2022Expense mix: 99.4% mission · 0.6% management · 0.0% fundraisingTotal expenses: 361.02% of revenue

2021Expense mix: 99.6% mission · 0.4% management · 0.0% fundraisingTotal expenses: 34.10% of revenue

2020Expense mix: 98.7% mission · 1.3% management · 0.0% fundraisingTotal expenses: 55.57% of revenue

Money in and money out

Revenue$65,181

Expenses$366,457

Annual shortfall $301,276 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$340,180 · 92.8% of expenses

Management and office costs$26,277 · 7.2% of expenses

See all reported dollar amounts

Revenue$65,181

Expenses$366,457

Assets$1,785,811

Income$65,181

Contributions$63,645

Mission work (program services)$340,180

Management and general$26,277

Accounting fees$3,800

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (16)

AMY MILDRENDIRECTOR (JAN - MAY 2024)

ANNETTE AGUIRREDIRECTOR (JAN - MAY 2024)

AUTUMN ROMANCHECKDIRECTOR (MAY - DECEMBER 2024)

CASEY MERKER EX-OFFICIOADMINISTRATOR

CRAIG FJELSTEDDIRECTOR

ELLEN KERBY EX-OFFICIOSECRETARY (JUNE - DECEMBER 2024)

GREG PALK EX-OFFICIOPRESIDENT (JAN - MAY 2024)

HEATHER RAPPDIRECTOR

JASON STEWARTDIRECTOR (JAN - MAY 2024)

LISA MURRAY EX-OFFICIOPRESIDENT (JUNE - DECEMBER 2024)

MARIA WILSONDIRECTOR

MICHAEL HARTDIRECTOR (MAY - DECEMBER 2024)

REED HORSLEY EX-OFFICIOSECRETARY (JAN - MAY 2024)

RICARDO CORNEJO RIVAS EX-OFFICIOTREASURER

RICHARD WEBERDIRECTOR

TAYLOR SETARDIRECTOR (JAN - MAY 2024)

About this charity

Recognized since: January 2000
Location: 1 Caesars Palace Drive, Las Vegas, NV 89109
County: Clark
In care of: Adam Kynaston-Smith
Primary officer: Adam Kynaston-Smith, Treasurer

How to reach them

WebsiteVisit the charity’s website Phone(702) 407-6000

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GERETY & ASSOCIATES CPAS
NTEE classification: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C. (T99)
IRS tax category: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C.