Life In Abundance International is located in Louisville, KY. The organization was established in 2002. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Life In Abundance International employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life In Abundance International is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Life In Abundance International generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO MOBILIZE THE LOCAL CHURCH TO RESTORE HEALTH, RENEW HOPE AND INSPIRE LASTING TRANSFORMATION FOR THE WORLD'S MOST VULNERABLE CHILDREN AND FAMILIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carley Buckingham Us Executive Director | Officer | 40 | $85,000 |
Dr Joshua Wathanga Chair | OfficerTrustee | 2 | $0 |
Dr George Kimeu Treasurer | OfficerTrustee | 2 | $0 |
Dr Florence Muindi Secretary | OfficerTrustee | 40 | $0 |
Dan Joss President | OfficerTrustee | 2 | $0 |
Jonathan Fisher Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $83,014 |
All other contributions, gifts, grants, and similar amounts not included above | $1,904,694 |
Noncash contributions included in lines 1a–1f | $12,500 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,987,708 |
Total Program Service Revenue | $0 |
Investment income | $11,962 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,001,170 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $1,777,637 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $85,000 |
Compensation of current officers, directors, key employees. | $34,000 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $323,836 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $12,383 |
Payroll taxes | $25,797 |
Fees for services: Management | $0 |
Fees for services: Legal | $762 |
Fees for services: Accounting | $81,582 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $6,411 |
Advertising and promotion | $18,288 |
Office expenses | $97,940 |
Information technology | $14,354 |
Royalties | $0 |
Occupancy | $16,744 |
Travel | $67,509 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $44,312 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $5,500 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $3,126,577 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $276,581 |
Savings and temporary cash investments | $14,443 |
Pledges and grants receivable | $943,762 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $799,967 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $59,919 |
Investments—other securities | $357,469 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $20,882 |
Total assets | $2,473,023 |
Accounts payable and accrued expenses | $14,741 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,020,153 |
Unsecured mortgages and notes payable | $88,900 |
Other liabilities | $0 |
Total liabilities | $1,123,794 |
Net assets without donor restrictions | -$83,769 |
Net assets with donor restrictions | $1,432,998 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $2,473,023 |
Over the last fiscal year, we have identified 6 grants that Life In Abundance International has recieved totaling $470,345.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $341,216 |
Maclellan Foundation Inc Chattanooga, TN PURPOSE: FOR BUILDING ORGANIZATIONAL CAPACITY. | $50,000 |
Westwood Endowment Inc Chattanooga, TN PURPOSE: COMMUNITY ACCESS/REDEMPTION | $50,000 |
Ramtell Inc Tell City, IN PURPOSE: GENERAL SUPPORT | $20,000 |
Tyndale House Ministries Carol Stream, IL PURPOSE: General program support | $9,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $129 |
Beg. Balance | $485,368 |
Earnings | -$5,449 |
Ending Balance | $479,919 |
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Lutheran Metropolitan Ministry Cleveland, OH | $18,738,675 | $17,759,604 |
Shalom Ministries International Inc Dublin, OH | $25,383,102 | $20,342,961 |
Woodhaven Learning Center Columbia, MO | $17,651,573 | $16,164,282 |
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Alpha Usa Naperville, IL | $4,051,813 | $10,198,645 |
Wesley Village Inc Macomb, IL | $11,643,378 | $8,896,317 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Doulos Ministries Inc Independence, MO | $17,094,809 | $7,030,778 |