Lamb And Lion Ministries Inc
- Assets
- $2.8m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 21
- Location
- McKinney, TX
- Founding
- 10/1980
- Data as of
- 12/2023
- EIN
- 75-1717049
Organization Overview
Lamb And Lion Ministries Inc, operating under the name Lamb & Lion Ministries, is located in McKinney, TX. The organization was established in 1980. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Lamb & Lion Ministries employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lamb & Lion 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, Lamb & Lion Ministries generated $3.0m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 5 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
A CHRISTIAN MINISTRY ESTABLISHED FOR THE PURPOSE OF PROCLAIMING THE SOON RETURN OF JESUS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDIA OUTREACH
PRINT EVANGELISM (MAGAZINES, BOOKS, OTHER PUBLICATIONS)
PERSONAL EVANGELISM (MEETINGS AND CONFERENCES)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Davis Trustee | Trustee | $0 | |
Bob Devance Secretary | OfficerTrustee | $0 | |
Mike Gordy Trustee | Trustee | $0 | |
James Hugg Trustee | Trustee | $0 | |
Gene Hunt Treasurer | OfficerTrustee | $0 | |
Tim Moore President | OfficerTrustee | 40 | $104,000 |
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 | $2,710,230 |
| Noncash contributions included in lines 1a–1f | $13,767 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,710,230 |
| Total Program Service Revenue | $36,126 |
| Investment income | $31,868 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $238,169 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,019,257 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,200 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $67,816 |
| Benefits paid to or for members | $122,729 |
| Compensation of current officers, directors, key employees. | $1,103,424 |
| Compensation of current officers, directors, key employees. | $264,488 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $52,083 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,685 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $64,519 |
| Advertising and promotion | $9,000 |
| Office expenses | $34,555 |
| Information technology | $118,298 |
| Royalties | $0 |
| Occupancy | $47,310 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $131,306 |
| Interest | $51,492 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,286 |
| Insurance | $17,463 |
| All other expenses | $0 |
| Total functional expenses | $3,162,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,548,692 |
| Savings and temporary cash investments | $511,319 |
| 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 | $118,743 |
| Prepaid expenses and deferred charges | $21,916 |
| Net Land, buildings, and equipment | $554,161 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,754,831 |
| Accounts payable and accrued expenses | $60,608 |
| 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 | $78,535 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,490 |
| Total liabilities | $145,633 |
| Net assets without donor restrictions | $2,514,499 |
| Net assets with donor restrictions | $94,699 |
| 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 | $2,754,831 |