Life Savers Ministries
- Assets
- $7.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bakersfield, CA
- Founding
- 03/1995
- Data as of
- 12/2019
- EIN
- 77-0105851
Organization Overview
Life Savers Ministries is located in Bakersfield, CA. The organization was established in 1995. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Life Savers 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 12/2019, Life Savers Ministries generated $34.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $36.7k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3
NONE
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Palmquist Ceo/adminstrator | 40 | $0 | |
Tern Palmquist Chairman | 30 | $0 | |
Alicia Gonzales Secretary | 5 | $0 | |
Lupita Morelos Director | 1 | $0 | |
Esther Boozer Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,265 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,265 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $26,141 |
| Printing, publications, postage, and shipping | $149 |
| Other expenses | $10,384 |
| Total expenses | $36,674 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,663 |
| Other assets | $0 |
| Total assets | $7,663 |
| Total liabilities | $3,079 |
| Net assets or fund balances | $4,584 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Savers Ministries has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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|---|---|---|
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Path Of Life Ministries Riverside, CA | $2,263,670 | $6,512,094 |
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