Lifeline Ministries Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, MI
- Founding
- 02/2010
- Data as of
- 06/2022
- EIN
- 30-0522382
Organization Overview
Lifeline Ministries Inc is located in Rockford, MI. The organization was established in 2010. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifeline Ministries Inc 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 06/2022, Lifeline Ministries Inc generated $41.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.9%) each year. All expenses for the organization totaled $56.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 8 years. 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
2022
Describe the Organization's Program Activity:
Part 3
TO HELP AND MINISTER TO THE PHYSICAL, MENTAL, EMOTIONAL, SOCIAL, AND SPIRITUAL NEEDS OF TROUBLED YOUNG PEOPLE FROM THE AGES 10-17 THAT ARE LABELED AT RISK OR ARE INCARCERATED IN JUVENILE INSTITUTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Byron Olsen Executive Director | 65 | $34,800 | |
Lester Grimm Board Member | 1 | $0 | |
Harold Edwards Board Member | 1 | $0 | |
Jimmy Carter Board Member | 1 | $0 | |
Jim Huyser Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,780 |
| 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 | $41,780 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,422 |
| Professional fees and other payments to independent contractors | $3,740 |
| Occupancy, rent, utilities, and maintenance | $2,414 |
| Printing, publications, postage, and shipping | $491 |
| Other expenses | $7,852 |
| Total expenses | $56,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |