Lets Start Talking Ministry
- Assets
- $1.2m
- Revenue
- $978.4k
- Investments
- $0.0
- Employees
- 6
- Location
- Hurst, TX
- Founding
- 07/2001
- Data as of
- 12/2023
- EIN
- 73-1570162
Organization Overview
Lets Start Talking Ministry is located in Hurst, TX. The organization was established in 2001. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Lets Start Talking Ministry employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lets Start Talking Ministry 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, Lets Start Talking Ministry generated $978.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $812.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 8 years. 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
LST'S MISSION AND PASSION IS TO PURSUE THE GREAT COMMISSION GIVEN TO CHRISTIANS TO ADVANCE THE KINGDOM OF GOD IN THEIR COMMUNITIES AND THROUGHOUT THE WORLD BY TRAINING CHRISTIANS TO SHARE THEIR FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LST HAS THREE PROGRAMS: FRIENDSPEAK, LST CONNECT, AND LST PROJECTS (MISSION TRIPS). OVERALL, DURING 2023 LST EQUIPPED 1,257 WORKERS WHO ENGAGED 1,737 INTERNATIONAL READERS FROM 46 COUNTRIES. OF THESE 1,257 WORKERS, 193 PARTICIPATED IN LST CONNECT, 934 ENGAGED IN FRIENDSPEAK, AND 130 SERVED WITH LST PROJECTS. LST CONDUCTED 81 TRAINING EVENTS THROUGHOUT THE YEAR AND DISTRIBUTED 3,851 WORKBOOKS. LST PROVDED TRAINING, SUPPORT, AND/OR MATERIALS TO PARTICIPANTS IN 35 U.S. STATES AND 46 COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Bell Director | Trustee | $0 | |
Diane Davis Director | Trustee | $0 | |
John Osborne Vice Preside | OfficerTrustee | $0 | |
Jamie Sweeney Secretary | OfficerTrustee | $0 | |
Casey Williams Director | Trustee | $0 | |
Dr Philip Woodward President | OfficerTrustee | $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 | $456,296 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,296 |
| Total Program Service Revenue | $422,725 |
| Investment income | $299 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,715 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $978,439 |
| 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 | $419,708 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $30,427 |
| Payroll taxes | $15,044 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,348 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,393 |
| Advertising and promotion | $0 |
| Office expenses | $3,178 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,256 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,163 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $975 |
| Insurance | $14,725 |
| All other expenses | $40,920 |
| Total functional expenses | $812,709 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $509,955 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $17,601 |
| 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 | $2,558 |
| Investments—publicly traded securities | $703,718 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,233,832 |
| Accounts payable and accrued expenses | $4,156 |
| Grants payable | $0 |
| Deferred revenue | $64,700 |
| 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 | $48,381 |
| Total liabilities | $117,237 |
| Net assets without donor restrictions | $1,116,595 |
| 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 | $1,233,832 |