Life Ministries Inc
- Assets
- $119.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Winchester, KY
- Founding
- 07/1979
- Data as of
- 12/2022
- EIN
- 31-0960526
Organization Overview
Life Ministries Inc is located in Winchester, KY. The organization was established in 1979. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Life 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 12/2022, Life Ministries Inc generated $74.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $86.1k during the year ending 12/2022. 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
ORGANIZATION CONDUCTED CHRISTIAN EDUCATION AND PROMOTED CHRISTIAN PROGRAMS IN CONJUNCTION WITH OTHER MINISTRIES. YOUTH PROGRAMS AND MISSIONS WERE ALSO ENCOURAGED AND PROMOTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Martin Vice President | 10 | $0 | |
Jeff Kurtz Secretary | 10 | $0 | |
Daniel Loveland Treasurer | 10 | $0 | |
Wayne Mcneil President | 10 | $0 | |
Ray Johnson Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,971 |
| 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 | $73,971 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $813 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $85,274 |
| Total expenses | $86,087 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,825 |
| Other assets | $0 |
| Total assets | $119,212 |
| Total liabilities | $0 |
| Net assets or fund balances | $119,212 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |
Resourcing Christian Education International Nfp Wheaton, IL | $4,529,324 | $9,552,178 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Independent Baptist Mission For Asians Inc Marietta, OH | $1,955,578 | $8,557,935 |
City Gospel Mission Cincinnati, OH | $28,334,582 | $12,813,405 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Mission Eurasia Wheaton, IL | $4,079,309 | $7,777,222 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |
Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
Lutheran Bible Translators Inc Concordia, MO | $15,904,913 | $8,793,746 |