K-Life Ministries is located in Branson, MO. The organization was established in 1991. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 08/2023, K-Life Ministries employed 95 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. K-Life Ministries 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 08/2023, K-Life Ministries generated $3.6m in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $3.8m during the year ending 08/2023. 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
CHRISTIAN MINISTRY TO HIGH SCHOOL YOUTH
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONDUCTED WEEKLY MEETINGS FOR JR & SR HIGH YOUTH IN EACH OF OUR (25) SUBORDINATE AREAS, INCLUDING CLUB MEETINGS, SM GROUP BIBLE STUDIES, & REGULAR OUTINGS, RETREATS, & OTHER ACTIVITIES. OVER 2,500 TEENS INVOLVED WEEKLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tipp Holland Chairman | OfficerTrustee | 1 | $0 |
Smith Brookhart Treasurer | OfficerTrustee | 1 | $0 |
Brent Hull Secretary | OfficerTrustee | 1 | $0 |
David Hudiburg Board Member | Trustee | 1 | $0 |
Rudy Littler Board Member | Trustee | 1 | $0 |
Doug Goodwin National Board Member | Trustee | 1 | $0 |
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 | $406,042 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $406,042 |
Total Program Service Revenue | $3,170,480 |
Investment income | $6,518 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,583,040 |
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 | $390,586 |
Pension plan accruals and contributions | $13,243 |
Other employee benefits | $64,698 |
Payroll taxes | $31,439 |
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 | $2,698,948 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $7,373 |
Royalties | $0 |
Occupancy | $12,340 |
Travel | $3,404 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $108,123 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $4,864 |
Insurance | $67,485 |
All other expenses | $0 |
Total functional expenses | $3,778,831 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $217,147 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $76,431 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $6,678 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $28,954 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $329,210 |
Accounts payable and accrued expenses | $19,270 |
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 | $19,270 |
Net assets without donor restrictions | $309,940 |
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 | $329,210 |