Life Builders
- Assets
- $7.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 05/2017
- Data as of
- 12/2022
- EIN
- 37-1838313
Organization Overview
Life Builders is located in Nashville, TN. The organization was established in 2017. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Builders 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 Builders generated $112.0k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $119.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 4 years. 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 |
|---|---|---|---|
Douglas Hamm President | 10 | $7,500 | |
Howard Hamm Vice President | 2 | $0 | |
Marles Wyman Secretary/treasurer | 20 | $0 | |
Larry Hoffman Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,988 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $112,001 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $7,500 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $22,747 |
| Printing, publications, postage, and shipping | $505 |
| Other expenses | $72,271 |
| Total expenses | $119,281 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,749 |
| Other assets | $0 |
| Total assets | $7,749 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,749 |