Lifefirst Inc is located in Magnolia, TX. The organization was established in 2020. According to its NTEE Classification (R62) the organization is classified as: Right to Life, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifefirst 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 12/2022, Lifefirst Inc generated $164.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $152.9k during the year ending 12/2022. While expenses have increased by 9.8% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Morrison President | 10 | $0 | |
Joe Weigand Trustee | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $87,419 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $76,943 |
Other Revenue | $0 |
Total Revenue | $164,362 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $93,658 |
Professional fees and other payments to independent contractors | $4,846 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $198 |
Other expenses | $54,244 |
Total expenses | $152,946 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,622 |
Other assets | $0 |
Total assets | $41,799 |
Total liabilities | $6,607 |
Net assets or fund balances | $35,192 |