Real Life Ministries
- Assets
- $53.9k
- Revenue
- $274.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Selma, TX
- Founding
- 06/1995
- Data as of
- 12/2022
- EIN
- 74-2726328
Organization Overview
Real Life Ministries is located in Selma, TX. The organization was established in 1995. 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. Real 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 12/2022, Real Life Ministries generated $274.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 49.1% each year . All expenses for the organization totaled $259.3k during the year ending 12/2022. While expenses have increased by 50.3% per year over the past 8 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sean Azzaro President | 4 | $5,000 | |
William Mayfield CEO | 4 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,070 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $268,593 |
| Capital Gain Net Income | $268,593 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37 |
| Total Revenue | $274,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $1,800 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | -$150 |
| Travel, conferences, and meetings | $1,542 |
| Printing and publications | $0 |
| Other expenses | $15,412 |
| Total operating and administrative expenses | $29,304 |
| Contributions, gifts, grants paid | $230,000 |
| Total expenses and disbursements | $259,304 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,877 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $53,877 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Real Life Ministries has awarded $657 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
RESOURCES FOR WOMEN PURPOSE: TO DONATE TO THE CARE OF WOMEN IN NEED. | $350 |
PREGNANCY CARE CENTER-OPTIONS FOR L PURPOSE: TO DONATE TO THE CARE OF WOMEN AND CHILDREN IN NEED. | $307 |