THE CULTURE OF LIFE FOUNDATION'S ("THE FOUNDATION") PRIMARY PURPOSE IS TO FIND AND DISSEMINATE THE TRUTHS OF MEDICINE AND SCIENCE THAT PROVE THE SACRED AND INVIOLABLE NATURE OF EVERY HUMAN LIFE FROM THE MOMENT OF CONCEPTION UNTIL NATURAL DEATH. IN ADDITION, THE FOUNDATION ACTS AS A REPOSITORY FOR THIS SCIENTIFIC AND MEDICAL INFORMATION AND USES THE INFORMATION TO HELP LEADERS IN EVERY FIELD MAKE DECISIONS THAT AFFIRM LIFE.
THE CULTURE OF LIFE FOUNDATION'S ("THE FOUNDATION") PRIMARY PURPOSE IS TO FIND AND DISSEMINATE THE TRUTHS OF MEDICINE AND SCIENCE THAT PROVE THE SACRED AND INVIOLABLE NATURE OF EVERY HUMAN LIFE FROM THE MOMENT OF CONCEPTION UNTIL NATURAL DEATH. IN ADDITION, THE FOUNDATION ACTS AS A REPOSITORY FOR THIS SCIENTIFIC AND MEDICAL INFORMATION AND USES THE INFORMATION TO HELP LEADERS IN EVERY FIELD MAKE DECISIONS THAT AFFIRM LIFE.
| Revenue | |
|---|---|
| Contributions | $0 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $0 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $198,027 |
| Expenses | |
| Program Services | $102,095 |
| Administration | $22,209 |
| Other | $0 |
| Total Expenditures | $124,304 |
| Net Gain/Loss | $0 |
Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
| January 1, 2007 | December 31, 2007 | Change | |
|---|---|---|---|
| Assets | |||
| Cash & Equivalent | $4,921 | $69,373 | $64,452 |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivables/Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investments/Securities | $0 | $0 | $0 |
| Investments/Other | $0 | $0 | $0 |
| Fixed Assets | $0 | $0 | $0 |
| Other | $0 | $0 | $0 |
| Total Assets | $0 | $79,177 | $79,177 |
| Liabilities | |||
| Accounts Payable | $0 | $0 | $0 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $0 | $0 | $0 |
| Total Liabilities | $37,954 | $31,113 | ($6,841) |
| Fund Balance | $0 | $0 | $0 |
52-2055185
December 31, 2007
$79,177 (from Dec 31, 2007 Form 990)
$198,027 (from Dec 31, 2007 Form 990)
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1998
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