Living The Word Bible Institute & Evangelism Ctr
- Assets
- $22.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Henning, MN
- Founding
- 09/2014
- Data as of
- 12/2021
- EIN
- 27-2974910
Organization Overview
Living The Word Bible Institute & Evangelism Ctr is located in Henning, MN. The organization was established in 2014. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Living The Word Bible Institute & Evangelism Ctr 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, Living The Word Bible Institute & Evangelism Ctr generated $103.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.4% each year. All expenses for the organization totaled $103.3k during the year ending 12/2021. While expenses have increased by 7.6% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO SPREAD THE GOSPEL OF CHRIST JESUS THROUGH PREACHING,TEACHING, PRAYER, EVANGELIZING, AND BY ANY MEDIAAVAILABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark E Hume President | 40 | $60,000 | |
Alan Olson Secretary | 1 | $0 | |
Mandelyn Halvorson Treasurer | 1 | $0 | |
Ann M Hume Vice President | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $103,289 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $390 |
| Total Revenue | $103,679 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $189 |
| Other expenses | $23,134 |
| Total expenses | $103,323 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,142 |
| Other assets | $0 |
| Total assets | $22,142 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,142 |
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