Life Of Promise Ministries
- Assets
- $116.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Stroudsburg, PA
- Founding
- 09/2012
- Data as of
- 12/2023
- EIN
- 45-2395751
Organization Overview
Life Of Promise Ministries is located in East Stroudsburg, PA. The organization was established in 2012. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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 Of Promise 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 12/2023, Life Of Promise Ministries generated $43.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $54.5k during the year ending 12/2023. While expenses have increased by 8.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SERVICES TO WOMEN AND CHILDREN FROM ISOLATED AREAS OF GUATEMALA WHO ARE IN CRISIS SITUATIONS. TO PROVIDE TEMPORARY HOUSING, COUNSELING, AND BASIC MATERIAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Richmond President | 40 | $0 | |
Arlene Richmond Vice President | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $43,375 |
| 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 | $43,375 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $11,401 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $715 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42,374 |
| Total expenses | $54,490 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,073 |
| Other assets | $0 |
| Total assets | $115,974 |
| Total liabilities | $0 |
| Net assets or fund balances | $115,974 |