Mission Life Inc is located in Manchester, NH. The organization was established in 2017. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Mission Life 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, Mission Life Inc generated $215.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.8% each year . All expenses for the organization totaled $149.3k during the year ending 12/2021. While expenses have increased by 27.1% per year over the past 3 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE SOCIAL FORMATION THROUGH SPIRITUAL, INTELLECTUAL, AND PHYSICAL DEVELOPMENT AND TO IMPROVE THE QUALITY OF THE LIVES OF CHILDREN, ADOLESCENTS, AND TEENAGERS IN IMPOVERISHED COUNTRIES AROUND THE WORLD.
Describe the Organization's Program Activity:
CHILD SPONSORSHIP PROGRAM - THROUGH OUR MONTHLY CHILD SPONSORSHIP PROGRAM, OVER 300 CHILDREN LIVING BELOW THE POVERTY LINE IN COLOMBIA, RWANDA, AND GUATEMALA RECEIVE ONE HOT NUTRITIOUS MEAL PER DAY, SCHOOL SUPPLIES, UNIFORMS AND SHOES, BEFORE- AND AFTER-SCHOOL TUTORING, AND HOMEWORK HELP. ADDITIONALLY, THESE CHILDREN RECEIVE DAILY DEVOTIONALS, SCRIPTURE, AND PRAYER TIME TO GUIDE THEM THROUGH TIMELESS VALUES AND CHRISTIAN PRINCIPLES.
PARTNER SITE DEVELOPMENT - WE PROVIDE SUPPORT TO OUR 4 PARTNER ORGANIZATIONS IN COLOMBIA, RWANDA, AND GUATEMALA TO EXPAND THEIR AFTER-SCHOOL PROGRAMS AND COMMUNITY OUTREACH THROUGH CONSTRUCTION PROJECTS, TECHNOLOGY SUPPORT, AND EMERGENCY FOOD RELIEF.
MISSION TRIPS - OUR MISSION TRIPS PROVIDE THE OPPORTUNITY FOR SPONSORS AND TEAM MEMBERS TO TRAVEL TO OUR PARTNER ORGANIZATIONS AND SUPPORT THEM BY HELPING TO COMPLETE PROJECTS AND PARTICIPATE IN COMMUNITY OUTREACH. WE ORGANIZE 2-4 MISSION TRIPS A YEAR, WITH UP TO 20 PARTICIPANTS PER TRIP.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Angel Galvis Ceo/founder | Officer | 40 | $20,923 |
Greg Sherwin Chairman | OfficerTrustee | 30 | $0 |
Mike Perkins Vice Chairman | OfficerTrustee | 1 | $0 |
Caroline Wilkins Treasurer | OfficerTrustee | 10 | $0 |
Jill Jones Secretary | OfficerTrustee | 15 | $0 |
Susan Walker Director | Trustee | 20 | $0 |
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 | $120,552 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $120,552 |
Total Program Service Revenue | $82,430 |
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 | $12,778 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $215,760 |
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 | $83,269 |
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 | $20,923 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,035 |
Fees for services: Management | $0 |
Fees for services: Legal | $137 |
Fees for services: Accounting | $960 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,655 |
Advertising and promotion | $1,110 |
Office expenses | $3,623 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,770 |
Travel | $1,216 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $10,396 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,309 |
All other expenses | $0 |
Total functional expenses | $149,311 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $165,575 |
Savings and temporary cash investments | $0 |
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 | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $165,575 |
Accounts payable and accrued expenses | $0 |
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 | $7,077 |
Total liabilities | $7,077 |
Net assets without donor restrictions | $148,908 |
Net assets with donor restrictions | $9,590 |
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 | $165,575 |
Over the last fiscal year, we have identified 2 grants that Mission Life Inc has recieved totaling $7,910.
Awarding Organization | Amount |
---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $7,710 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $200 |
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