HELPSAVELIFE INC

EIN: 201768050 501(c)(3) Philanthropy & Grantmaking

Monroe Township, NJ

Total Revenue
$202,670
Total Expenses
$197,658
Total Assets
$225,020
Net Assets
$225,020
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NJ
Principal Officer
Jemlin Lucas
Phone
7329390909
Tax Period
2023-01-01 to 2023-12-31

HELPSAVELIFE INC, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $203K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

HelpSaveLife collects contributions from its members and distributes the entire contribution for charitable purposes. Primary charity includes 2 types of activities. 1)Financial support to people for medical treatments who cannot afford their treatment expenses. 2) Financial support for students for higher education who cannot afford the education expenses. Educational help may be given to high school students or undergrad/grad students. Other charitable activities include to provide financial support to very low-income people for home construction, recover homes damaged due to Flood or similar calamities, financial support for low-income families who lost their income due to Covid-19 and assist them for covid related treatments.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $201,988
Program Service Revenue $0
Investment Income $682
Other Revenue $0
TOTAL REVENUE $202,670

Expense Breakdown

Grants Paid $197,247
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $197,658
Other Expenses $411
TOTAL EXPENSES $197,658

Year-over-Year Comparison

2023 2022 Change
Revenue $202,670 $227,572 -0.1%
Expenses $197,658 $172,920 +0.1%
Net Income $5,012 $54,652 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
N/A
Independent Members
N/A
Employees
N/A
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
14
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jemlin Lucas President 10
Director
$0 $0 $0
Sojimon James Board of Trustees 10
Director
$0 $0 $0
Divya Thomas Vice President 4
Officer
$0 $0 $0
Remy Chirayil Secretary 10
Officer
$0 $0 $0
Vimal Andrews Joint Secretary 6
Officer
$0 $0 $0
Benny Davis Treasurer 8
Officer
$0 $0 $0
Lalu Vazhekatt Joint Treasurer 4
Officer
$0 $0 $0
Joseph Samuel Joint Secretary 8
Officer
$0 $0 $0
Lincy Jeron Sponsor Student Coordinator 6
Officer
$0 $0 $0
Thomas Xavier Regional Coordinator 10
Officer
$0 $0 $0
Tom Zacharias Website Coordinator 2
Officer
$0 $0 $0
Suresh Antony Joint Treasurer 4
Officer
$0 $0 $0
Cyril Cherian Website Coordinator 2
Officer
$0 $0 $0
Manju Joseph Sponsor A Student coordinator 4
Officer
$0 $0 $0
Santhosh George Sponsor A Student Coordinator 4
Officer
$0 $0 $0
Liya Nereparambil Website coordinator 4
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $202,670 $197,658 $225,020 $5,012
2022 $227,572 $172,920 $220,008 $54,652
2021 $264,311 $211,190 $165,356 $53,121
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