Invest Your Life Ministries Inc
- Assets
- $5.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Huntsville, AL
- Founding
- 01/2018
- Data as of
- 12/2021
- EIN
- 81-3940803
Organization Overview
Invest Your Life Ministries Inc is located in Huntsville, AL. The organization was established in 2018. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Invest Your Life Ministries Inc 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 12/2021, Invest Your Life Ministries Inc generated $67.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $65.1k during the year ending 12/2021. While expenses have increased by 10.7% per year over the past 4 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 |
|---|---|---|---|
Bruce W Martin President | 32 | $20,711 | |
Bonita Greene Treasurer | 0 | $0 | |
David Mathis Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,869 |
| Total Program Service Revenue | $52,982 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,851 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $53,963 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $5,050 |
| Printing, publications, postage, and shipping | $12 |
| Other expenses | $6,118 |
| Total expenses | $65,143 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,254 |
| Other assets | $0 |
| Total assets | $5,254 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,254 |
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