Assurance For Life Inc
- Assets
- $811.1k
- Revenue
- $795.9k
- Investments
- $9.0k
- Employees
- 18
- Location
- Lexington, KY
- Founding
- 12/1984
- Data as of
- 12/2023
- EIN
- 31-1118102
Organization Overview
Assurance For Life Inc is located in Lexington, KY. The organization was established in 1984. According to its NTEE Classification (R62) the organization is classified as: Right to Life, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2023, Assurance For Life Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assurance For Life 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 12/2023, Assurance For Life Inc generated $795.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $913.5k during the year ending 12/2023. While expenses have increased by 8.0% per year over the past 9 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: TO EMPOWER INDIVIDUALS TO CONSIDER BENEFICIAL OPTIONS FOR PREGNANCY AND SEXUAL HEALTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
VISION: ENABLING POSITIVE CHOICES REGARDING SEXUAL, EMOTIONAL AND SPIRITUAL HEALTH.MISSION: TO EMPOWER INDIVIDUALS TO CONSIDER BENEFICIAL OPTIONS FOR PREGNANCY AND SEXUAL HEALTH.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Gaines Director | Trustee | 1 | $0 |
Megan Thacker Secretary | OfficerTrustee | 1 | $0 |
Patty Gilpin Director | Trustee | 1 | $0 |
Glenn Norvell Treasurer | OfficerTrustee | 1 | $0 |
Dan Collier Chairman | OfficerTrustee | 1 | $0 |
Angela Coleman Vice Chair | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $407,071 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $407,071 |
| Total Program Service Revenue | $0 |
| Investment income | $1,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $367,417 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $795,942 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $599,316 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $79,228 |
| Payroll taxes | $50,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,077 |
| Advertising and promotion | $34,482 |
| Office expenses | $4,028 |
| Information technology | $7,727 |
| Royalties | $0 |
| Occupancy | $14,010 |
| Travel | $802 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,656 |
| Insurance | $15,774 |
| All other expenses | $21,037 |
| Total functional expenses | $913,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,312 |
| Savings and temporary cash investments | $590,303 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $158,449 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $9,032 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $811,096 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $811,096 |
| Net assets with donor restrictions | $0 |
| 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 | $811,096 |