Global Impact Ministries Inc
- Assets
- $971.8k
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 77
- Location
- Charlotte, NC
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 81-1486957
Organization Overview
Global Impact Ministries Inc, operating under the name Love Life, is located in Charlotte, NC. The organization was established in 2016. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Love Life employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Love Life 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, Love Life generated $3.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 43.7% each year . All expenses for the organization totaled $3.8m during the year ending 12/2023. While expenses have increased by 48.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
LOVE LIFE IS UNITING AND MOBILIZING THE CHURCH TO CREATE A CULTURE OF LOVE AND LIFE THAT WILL BRING AN END TO ABORTION AND THE ORPHAN CRISIS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE STARTING IN 2016 WE ARE NOW WORKING IN 30 CITIES ACROSS AMERICA. OVER EIGHT YEARS, MOBILIZING 800+ CHURCHES, 200,000+ PEOPLE TO THE PRAYER WALKS, RESULTING IN 6,000+ FAMILIES THAT CHOSE LIFE AT THE ABORTION CENTERS. WE ARE CREATING A CULTURE OF LOVE & LIFE THAT WILL BRING AN END TO ABORTION AND THE ORPHAN CRISIS. WE BELIEVE THE LOCAL CHURCH IS THE ANSWER. WE INVITE CHURCHES ACROSS THE COUNTRY TO PARTNER WITH US THROUGH OUR ADOPTION WEEK PROCESS. THERE ARE FOUR KEY ELEMENTS TO AN ADOPTION WEEK: HEAR-PRAY-GO-CONNECT. SUNDAY SERVICE KICKS OFF ADOPTION WEEK WITH THE PASTOR ENCOURAGED TO SPEAK ON THE SANCTITY OF LIFE AND EDUCATING THE CONGREGATION ON THE TRAGIC TRUTH OF ABORTION. WEDNESDAYS, THE CONGREGATION IS INVITED TO FAST AND PRAY FOR THE END OF THE ABORTION AND ADOPTION CRISIS. SATURDAYS, THE CHURCH PARTICIPATES IN A PEACEFUL PRAYER WALK AT THE LOCAL ABORTION CENTER. AT THE END OF EVERY PRAYER WALK, THERE IS A CALL TO CONNECT WITH ONGOING MINISTRY OPPORTUNITIES LIKE MENTORING, SIDEWALK OUTREACH, ORPHAN CARE, AND POST-ABORTIVE BIBLE STUDIES. WE PROVIDE TRAINING AND RESOURCES FOR THESE MINISTRY AREAS IN CONJUNCTION WITH PARTNERING MINISTRIES IN EACH CITY WE ARE LOCATED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Reeder President | OfficerTrustee | 40 | $0 |
Robert Reeder Director | Trustee | 10 | $0 |
Jason Osterich Secretary | OfficerTrustee | 10 | $0 |
David Benham Director | Trustee | 10 | $0 |
Jason Benham Director | Trustee | 10 | $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 | $3,692,986 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,692,986 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,710,951 |
| 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 | $1,660,779 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $312,740 |
| Payroll taxes | $149,905 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,450 |
| Fees for services: Accounting | $173,730 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $136,746 |
| Advertising and promotion | $29,290 |
| Office expenses | $3,450 |
| Information technology | $95,617 |
| Royalties | $0 |
| Occupancy | $65,194 |
| Travel | $321,290 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,213 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,408 |
| Insurance | $13,470 |
| All other expenses | $112,799 |
| Total functional expenses | $3,824,577 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $842,690 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $107,253 |
| 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 | $21,828 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $971,771 |
| Accounts payable and accrued expenses | $125,817 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $125,817 |
| Net assets without donor restrictions | $315,231 |
| Net assets with donor restrictions | $530,723 |
| 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 | $971,771 |