LIFE FOUNDATION

EIN: 990230542 501(c)(3)

HONOLULU, HI

Total Revenue
$4,329,971
Total Expenses
$4,034,437
Total Assets
N/A
Net Assets
N/A
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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
HI
Principal Officer
HEATHER LUSK
Phone
8085212437
Tax Period
2017-07-01 to 2018-06-30

LIFE FOUNDATION, founded in 1983, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2017. Revenue surged 40% from the prior year, signaling strong growth momentum. Expenses of $4.0M left a modest 7% surplus.

Mission

TO STOP THE SPREAD OF HIV AND AIDS IN HAWAII; EMPOWER THOSE AFFECTED BY HIV/AIDS TO MAXIMIZE THEIR QUALITY OF LIFE; PROVIDE LEADERSHIP AND ADVOCACY IN RESPONDING TO THE AIDS EPIDEMIC; AND, APPLY THE SKILLS AND LESSONS LEARNED FROM THE AIDS EPIDEMIC TO OTHER RELATED AREAS OF PUBLIC HEALTH OR CONCERN.

Program Service Accomplishments

Program 1
Expenses: $2,076,456

HIV CARE SERVICES FOR MORE THAN 800 HIV POSITIVE PEOPLE (AN AVERAGE CASELOAD OF 100 CLIENTS FOR EACH OF THE EIGHT CASE MANAGERS). THE HIV CARE SERVICES CONSIST OF A CLINICAL DIRECTOR, APRN-RX...

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HIV CARE SERVICES FOR MORE THAN 800 HIV POSITIVE PEOPLE (AN AVERAGE CASELOAD OF 100 CLIENTS FOR EACH OF THE EIGHT CASE MANAGERS). THE HIV CARE SERVICES CONSIST OF A CLINICAL DIRECTOR, APRN-RX, COMMUNITY HEALTH NURSE, TEAM LEAD, SUPPORTIVE CASE MANAGER, 8.0 FTE MEDICAL CASE MANAGERS, 3.5 FTE PATIENT NAVIGATORS. SIMPLY PUT, THE PURPOSE OF THE LIFE FOUNDATION HIV CARE SERVICES DEPARTMENT IS TO PREVENT FUTURE AIDS-RELATED DEATHS IN HAWAII. EACH ENROLLED CLIENT IS ASSISTED IN THE FOLLOWING AREAS: PHYSICAL HEALTH (ARE YOU UNDER THE CARE OF AN EXPERIENCED AIDS-TREATING PHYSICIAN?); AIDS MEDICATION (DO YOU HAVE AFFORDABLE ACCESS TO LIFESAVING AIDS MEDICATIONS AND DO YOU KNOW HOW TO TAKE THEM EFFECTIVELY?); FINANCIAL STABILITY (ARE YOU RECEIVING ALL FORMS OF FINANCIAL ASSISTANCE TO WHICH YOU ARE ENTITLED, SUCH AS SOCIAL SECURITY OR VA BENEFITS?); HOUSING (ARE YOU LIVING IN SAFE, DECENT AND AFFORDABLE HOUSING SUFFICIENT TO HELP YOU LIVE AS HEALTHFULLY AS POSSIBLE?); EMOTIONAL HEALTH (ARE YOU ABLE TO COPE WELL WITH YOUR LIFE WITH AIDS?)

Program 2
Expenses: $195,256

HIV PREVENTION SERVICES. A CORE FUNCTION OF LIFE FOUNDATION SINCE ITS INCEPTION IN THE EARLY 1980S HAS BEEN TO FIGHT THE SPREAD OF HIV AND AIDS IN THE HAWAIIAN ISLANDS. THIS HAS INVOLVED VARIOUS...

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HIV PREVENTION SERVICES. A CORE FUNCTION OF LIFE FOUNDATION SINCE ITS INCEPTION IN THE EARLY 1980S HAS BEEN TO FIGHT THE SPREAD OF HIV AND AIDS IN THE HAWAIIAN ISLANDS. THIS HAS INVOLVED VARIOUS STRATEGIES OVER THE YEARS BUT HAS ALWAYS REVOLVED AROUND MAKING SURE THAT PEOPLE KNOW THEIR HIV STATUS AND REACHING OUT TO PEOPLE WHO ARE OR MAY BECOME INVOLVED IN BEHAVIORS THAT PUT THEM AT HIGH RISK FOR CONTRACTING HIV. IN THE PAST YEAR, THESE STRATEGIES HAVE INCLUDED HIV RAPID TESTING OF NEARLY 1,500 PEOPLE IN THE OFFICE AS WELL AS REMOTE LOCATIONS THROUGHOUT OAHU. OF THESE, APPROXIMATELY 1% WERE POSITIVE FOR HIV. IN ADDITION, LIFE FOUNDATION OUTREACH WORKERS HAVE PERFORMED OVER 26,000 HIV PREVENTION INTERACTIONS AMONG INDIVIDUALS AND GROUPS WITH PRIORITY POPULATIONS BEING MEN WHO HAVAE SEX WITH MEN, HIGH RISK WOMEN AND TRANSGENDERED PEOPLE. NEW PROGRAM, KUA'ANA PROJECT PROVIDES SUPPORTIVE SOCIAL SERVICES INCLUDING HIV PREVENTION EDUCATION, EMPLOYMENT, DOMESTIC VIOLENCE AND LEGAL REFERRAL SERVICES TO THE TRANSGENDER COMMUNITY.

Program 3
Expenses: $1,007,278 Revenue: $1,268,730

THE 340B DRUG PURCHASE PROGRAM IS A FEDERAL PROGRAM ENACTED IN 1992 TO PROVIDE ADDITIONAL INCOME TO HEALTHCARE ORGANIZATIONS THAT RECEIVE FEDERAL FUNDING, IN LIFE FOUNDATION'S CASE, BY VIRTUE OF...

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THE 340B DRUG PURCHASE PROGRAM IS A FEDERAL PROGRAM ENACTED IN 1992 TO PROVIDE ADDITIONAL INCOME TO HEALTHCARE ORGANIZATIONS THAT RECEIVE FEDERAL FUNDING, IN LIFE FOUNDATION'S CASE, BY VIRTUE OF BEING PARTIALLY FUNDED UNDER PART B OF THE RYAN WHITE HIV/AIDS PROGRAM. GROSS REVENUE, RECEIVED THROUGH THIRD PARTY INSURANCE PAYMENTS SUBMITTED IN RESPONSE TO BILLING BY THE CONTRACT PHARMACY (5 MINUTE PHARMACY) WHEN A 340B PROGRAM ELIGIBLE CLIENT/PATIENT OF LIFE FOUNDATION FILLS OR REFILLS A PRESCRIPTION BY A QUALIFIED CONTRACT PROVIDER, INCLUDES THOSE FUNDS RECEIVED BY THE PHARMACY ON LIFE FOUNDATION'S BEHALF ALONG WITH ANY COPAYMENTS RECEIVED. NET REVENUE IS DERIVED BY DEDUCTING THE CONTRACT PHARMACY SERVICE FEE, CURRENTLY 18% OF GROSS INCOME AS WELL AS THE COST TO REPLENISH MEDICATIONS DISPENSED AT ESTABLISHED 340B PRICES.

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

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Financial Overview (2017)

Revenue Breakdown

Contributions & Grants $2,954,192
Program Service Revenue $1,268,730
Investment Income $3,654
Other Revenue $103,395
TOTAL REVENUE $4,329,971

Expense Breakdown

Grants Paid $465,611
Salaries & Benefits $1,667,415
Fundraising Expenses $115,159
Program Expenses $3,513,539
Other Expenses $1,901,411
TOTAL EXPENSES $4,034,437

Year-over-Year Comparison

2017 2016 Change
Revenue $4,329,971 $3,092,997 +0.4%
Expenses $4,034,437 $2,948,952 +0.4%
Net Income $295,534 $144,045 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
12
Employees
32
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
6
$139,578
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLIFFORD CHANG TREASURER 1.00
Officer Director
$0 $0 $0
REV JEFF LILLEY PRESIDENT 1.00
Officer Director
$0 $0 $0
MINDY MCDERMOTT VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
LAURIE MIZUNO SECRETARY 1.00
Officer Director
$0 $0 $0
DOMINIC CHOW MD DIRECTOR 1.00
Director
$0 $0 $0
SUSIE FUJIKAWA DIRECTOR 1.00
Director
$0 $0 $0
DEAN HAMER DIRECTOR 1.00
Director
$0 $0 $0
KINTARO YONEKURA DIRECTOR 1.00
Director
$0 $0 $0
VELMA CARSTENSEN DIRECTOR 1.00
Director
$0 $0 $0
RICHELLE CONCEPCION DIRECTOR 1.00
Director
$0 $0 $0
LARRY HANSON DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINE YASUMA DIRECTOR 1.00
Director
$0 $0 $0
PAUL GROESBECK EXECUTIVE DIRECTOR 40.00
Officer
$134,378 $5,200 $139,578
HEATHER LUSK CO EXECUTIVE DIRECTOR 40.00
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
2018 $4,329,971 $4,034,437 No data $295,534
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