Lifesong Ministries
- Assets
- $1.1m
- Revenue
- $249.4k
- Investments
- $0.0
- Employees
- 5
- Location
- Lewisburg, TN
- Founding
- Data as of
- 12/2021
- EIN
- 62-1859120
Organization Overview
Lifesong Ministries is located in Lewisburg, TN. As of 12/2021, Lifesong Ministries employed 5 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lifesong 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 12/2021, Lifesong Ministries generated $249.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $269.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHURCH ACTIVITIES WORSHIP THE LORD, REACH THE LOST, DISCIPLE BELIEVERS, EQUIP FOR MINISTRY, CELEBRATE UNITY, LIVE OUT THE LOVE OF CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACH THE GOSPEL TO COMMUNITY AND BRING INDIVIDUALS INTO CHURCH ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joe Boyd President | Trustee | 2 | $37,100 |
Lisa Raymond Secretary | Trustee | 2 | $25,000 |
Gary Fuller Vice President, Executive Pastor | Trustee | 2 | $0 |
Ricky Norris Treasurer | Trustee | 5 | $0 |
Joe Mccullough Board | Trustee | 1 | $0 |
Victor Raymond Board | 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 | $240,548 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $240,548 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,890 |
| 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 | $249,438 |
| 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. | $62,100 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,326 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,295 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $18,137 |
| Advertising and promotion | $0 |
| Office expenses | $11,575 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,104 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $9,585 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,978 |
| Insurance | $9,125 |
| All other expenses | $0 |
| Total functional expenses | $269,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $55,505 |
| Savings and temporary cash investments | $11,669 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,014,588 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,000 |
| Total assets | $1,082,762 |
| Accounts payable and accrued expenses | $2,178 |
| 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 | $169,906 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $172,084 |
| Net assets without donor restrictions | $0 |
| 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 | $910,678 |
| Total liabilities and net assets/fund balances | $1,082,762 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lifesong Ministries has recieved totaling $212,896.
| Awarding Organization | Amount |
|---|---|
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $161,340 |
Second Harvest Food Bank Of Middle Tennessee Inc Nashville, TN PURPOSE: TO ASSIST IN FEEDING HUNGRY PEOPLE | $51,434 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
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St Margarets Health Spring Valley Spring Valley, IL | $107,727,640 | $91,881,221 |
Memorial Hermann Hospital Based Physician Group Houston, TX | $12,517,571 | $82,920,785 |
Procter & Gamble Benefit Plan Trust Cincinnati, OH | $69,184,153 | $97,679,425 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Providence Health Alliance Inc St Louis, MO | $27,745,143 | $62,779,739 |
Childrens Research Institute Washington, DC | $13,958,035 | $66,659,816 |
Public Interest Registry Reston, VA | $67,348,678 | $103,286,594 |
University Pediatric Associates Inc Indianapolis, IN | $25,897,136 | $100,827,780 |