Lifegate Worldwide
- Assets
- $42.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stillwater, MN
- Founding
- 11/2008
- Data as of
- 12/2023
- EIN
- 26-1363464
Organization Overview
Lifegate Worldwide is located in Stillwater, MN. The organization was established in 2008. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifegate Worldwide 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 12/2023, Lifegate Worldwide generated $121.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 12.6% each year . All expenses for the organization totaled $179.0k during the year ending 12/2023. While expenses have increased by 18.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vangcha Lo Board Vice Chairman | 2 | $0 | |
Mark Duval Board Chairman | 3 | $0 | |
Scott Ivester Executive Director | 40 | $42,333 | |
Paul Anderson Treasurer | 3 | $0 | |
Stephen Lonetti Founder And President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $121,354 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $121,354 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,646 |
| Professional fees and other payments to independent contractors | $2,465 |
| Occupancy, rent, utilities, and maintenance | $3,000 |
| Printing, publications, postage, and shipping | $1,054 |
| Other expenses | $17,487 |
| Total expenses | $178,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,623 |
| Other assets | $0 |
| Total assets | $42,187 |
| Total liabilities | $0 |
| Net assets or fund balances | $42,187 |
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|---|---|---|
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