Guiding Light Mission Inc
- Assets
- $7.5m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 27
- Location
- Grand Rapids, MI
- Founding
- 05/1986
- Data as of
- 06/2024
- EIN
- 38-2638465
Organization Overview
Guiding Light Mission Inc is located in Grand Rapids, MI. The organization was established in 1986. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2024, Guiding Light Mission Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Guiding Light Mission 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 06/2024, Guiding Light Mission Inc generated $5.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $4.8m during the year ending 06/2024. While expenses have increased by 4.2% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THROUGH THE GUIDING LIGHT OF GODS SPIRIT, GUIDING LIGHT MISSION PARTNERS WITH INDIVIDUALS TO FULFILL THEIR GOD-GIVEN POTENTIAL THROUGH RESCUE, RECOVERY, AND RE-ENGAGEMENT IN COMMUNITY.
Describe the Organization's Program Activity:
THROUGH THE GUIDING LIGHT OF GODS SPIRIT, GUIDING LIGHT MISSION PARTNERS WITH INDIVIDUALS TO FULFILL THEIR GOD-GIVEN POTENTIAL THROUGH RESCUE, RECOVERY, AND RE-ENGAGEMENT IN COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Elve Executive Director | 40 | $124,189 | |
Kyle Kunnen Board Member | Trustee | 1 | $0 |
Ed Postma Board Member | Trustee | 1 | $0 |
Kate Morton Board Member | Trustee | 1 | $0 |
Tania Devries Board Member | Trustee | 1 | $0 |
Paul P Davies Board Member | Trustee | 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 | $4,546,285 |
| Noncash contributions included in lines 1a–1f | $1,278,759 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,546,285 |
| Total Program Service Revenue | $638,488 |
| Investment income | $172,794 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $218,668 |
| Net Gain/Loss on Asset Sales | -$255,497 |
| Net Income from Fundraising Events | $23,255 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,343,993 |
| 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 | $1,811,114 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $120,818 |
| 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 | $108,693 |
| Advertising and promotion | $590,523 |
| Office expenses | $0 |
| Information technology | $112,623 |
| Royalties | $0 |
| Occupancy | $334,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,500 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $140,953 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $4,757,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $183,532 |
| Savings and temporary cash investments | $0 |
| 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 | $373,653 |
| Net Land, buildings, and equipment | $2,441,634 |
| Investments—publicly traded securities | $4,483,687 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,482,506 |
| Accounts payable and accrued expenses | $173,156 |
| 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 | $173,156 |
| Net assets without donor restrictions | $7,309,350 |
| 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 | $7,482,506 |