Live The Life Ministries Inc
- Assets
- $1.4m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 22
- Location
- Tallahassee, FL
- Founding
- 10/1998
- Data as of
- 12/2020
- EIN
- 59-3493493
Organization Overview
Live The Life Ministries Inc is located in Tallahassee, FL. The organization was established in 1998. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2020, Live The Life Ministries Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Live The Life Ministries 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 12/2020, Live The Life Ministries Inc generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $2.2m during the year ending 12/2020. While expenses have increased by 11.4% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
LIVE THE LIFE MINISTRIES, INC.'S PRIMARY EXEMPT PURPOSE IS TO STRENGTHEN MARRIAGES AND FAMILIES. THEY OFFER A WIDE VARIETY OF RELATIONSHIP ENRICHMENT CLASSES TO MARRIED COUPLES, ENGAGED COUPLES, SINGLES WHO ARE DATING, AND TEENAGERS IN GROUP SETTINGS OR THROUGH ONE-ON-ONE MENTORING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY HEALTHY MARRIAGE AND FAMILY INITIATIVE - INCLUDES ENCOURAGING A ONE YEAR COURTSHIP, PREMARITAL COUNSELING, MENTORING FROM MATURE MARRIED COUPLES, PROGRAMMING FOR TROUBLED MARRIAGES, AND OTHER MARRIAGE ENRICHMENT ACTIVITIES. LIVE THE LIFE MINISTRIES, INC. ALSO PROVIDES RELATIONSHIP COACHING FOR COUPLES, TEENS, AND PARENTS OF TEENS. THERE ARE ALSO THREE CHRISTIAN COUNSELORS ON STAFF, TWO PASTORAL AND ONE BOARD CERTIFIED COUNSELOR, WHO OFFER THEIR SERVICES TO THOSE WHO NEED MORE THAN RELATIONSHIP COACHING. 4,182 PEOPLE SERVED IN 2020.
THE STUDENT LIFE PROGRAM - THE TRUE NORTH PROJECT HELPS PREPARE STUDENTS FOR BETTER LIFE OUTCOMES: A) REALIGN MARRIAGE AND PARENTHOOD AND PUT THEM BACK IN THE PROPER ORDER BY PROMOTING THE "SUCCESS SEQUENCE" WHICH IS 1) GET EDUCATED 2) GET A JOB 3) GET MARRIED 4) THEN HAVE CHILDREN; B) REDUCE THEIR RISK OF POVERTY; C) AVOID TEEN PREGNANCY; D) GRADUATE FROM HIGH SCHOOL. 4,149 STUDENTS SERVED IN 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Albretson President | Officer | 60 | $118,953 |
Dennis Stoica Board Chair | OfficerTrustee | 30 | $0 |
Wayne Cotton Vice Chair | OfficerTrustee | 1 | $0 |
Wayne Lanier Board Member | Trustee | 1 | $0 |
Dr Howard Groshell Board Member | Trustee | 1 | $0 |
John Stewart 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 | $943,480 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $943,480 |
| Total Program Service Revenue | $1,390,609 |
| Investment income | $855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $17,380 |
| 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 | $2,358,963 |
| 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. | $141,799 |
| Compensation of current officers, directors, key employees. | $21,270 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $756,513 |
| Pension plan accruals and contributions | $9,451 |
| Other employee benefits | $88,936 |
| Payroll taxes | $64,056 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $54 |
| Fees for services: Accounting | $28,157 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $143,262 |
| Advertising and promotion | $0 |
| Office expenses | $77,544 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $50,420 |
| Travel | $11,689 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,951 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,235 |
| Insurance | $14,993 |
| All other expenses | $0 |
| Total functional expenses | $2,178,836 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $689,337 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,592 |
| 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 | $1,922 |
| Net Land, buildings, and equipment | $357,395 |
| Investments—publicly traded securities | $279,654 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $54,592 |
| Total assets | $1,385,492 |
| Accounts payable and accrued expenses | $58,695 |
| Grants payable | $0 |
| Deferred revenue | $27,405 |
| 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 | $166,579 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $179,000 |
| Total liabilities | $431,679 |
| Net assets without donor restrictions | $953,813 |
| 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 | $1,385,492 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Live The Life Ministries Inc has recieved totaling $356,521.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $216,500 |
Vine And Branches Foundation Inc Brookfield, WI PURPOSE: CHARITABLE | $100,000 |
Community Foundation Of North Florida Inc Tallahassee, FL PURPOSE: GENERAL SUPPORT | $23,021 |
The Batchelor Foundation Inc Miami Beach, FL PURPOSE: GENERAL OPERATIONS | $15,000 |
Newberry Family Foundation Inc Havana, FL PURPOSE: FAMILY SERVICES | $1,000 |
Ram Foundation Inc Orlando, FL PURPOSE: GENERAL SUPPORT FOR ITS CHARITABLE PURPOSE | $1,000 |
Endowment Analysis
| Beg. Balance | $51,670 |
| Earnings | $2,922 |
| Ending Balance | $54,592 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |
Maimonides-Shalom Academy Inc Fort Lauderdale, FL | $17,956,185 | $11,187,159 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Phil Waldrep Evangelistic Association Decatur, AL | $5,783,944 | $9,174,147 |