Lords Work Inc
- Assets
- $3.2m
- Revenue
- $530.9k
- Investments
- $0.0
- Employees
- 13
- Location
- Waco, TX
- Founding
- Data as of
- 12/2023
- EIN
- 85-3751547
Organization Overview
Lords Work Inc is located in Waco, TX. 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, Lords Work Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lords Work 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 12/2023, Lords Work Inc generated $530.9k in total revenue. All expenses for the organization totaled $274.3k during the year ending 12/2023. While expenses have increased by 76.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE LORD'S WORK IS TO BE A FAITH-BASED ORGANIZATION SERVING LOCAL AND INTERNATIONAL COMMUNITIES BY ENGAGING IN A BROAD RANGE OF STRATEGIES THAT PROMOTE DEVELOPMENT, LICENSE AND ORDAIN MINISTERS OF THE GOSPEL, PROVIDE RELIGIOUS, CHARITABLE, AND HUMANITARIAN SERVICES, SUPPORT MISSIONS AND TO ALSO ENGAGE IN ACTIVITIES WHICH ARE NECESSARY, SUITABLE, OR CONVENIENT FOR THE ACCOMPLISHMENT OF THAT PURPOSE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LORDS WORK STARTED TO OPERATE OUR HOSPICE HOUSE IN 2023. THE MISSION OF OUR HOSPICE HOUSE IS TO PROVIDE AROUND-THE-CLOCK FAMILY LIKE, HOME CARE IN A PEACEFUL, COMPASSIONATE ENVIRONMENT WHERE TERMINALLY ILL RESIDENTS CAN LIVE AND DIE WITH DIGNITY, COMFORT, AND GRACE WHILE BEING CARED FOR WITH LOVEAT NO COST TO THOSE IN NEED.
THE LORD'S WORK OFFERS A MICRO-LOAN PROGRAM FOR IMPOVERISHED INDIVIDUALS IN THE FOREIGN AREAS OF MOMBIN-CROCHU, HAITI / OELEK, UGANDA / BASSA, & MARGIBI, LIBERIA /VIJAYAWADA, INDIA / AND AREAS IN THE DEMOCRATIC REPUBLIC OF THE CONGO. THE GOAL OF THIS PROGRAM IS TO OFFER MONETARY ASSISTANCE TO SAID INDIVIDUALS INORDER FOR THEM TO RECEIVE FOOD AND SHELTER IN LOCAL VILLAGES.
THE LORDS WORK HOSTS SEMI-ANNUAL CONFERENCES THAT UNITE MEN WITH SHARED BELIEFS AND GOALS AND PROVIDES GUIDANCE ON TOPICS OF SPIRITUALITY, STEWARDSHIP, AND FAITH STRENGTHENING.
THE LORDS WORK OPERATES A RESALE SHOP THAT TAKES IN DONATED ITEMS AND RESALES THEM WITH THE PROFITS GOING TOWARD THE SUPPORT OF THE HOSPICE HOUSE
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffrey Bates President | OfficerTrustee | 1 | $0 |
Tom Wright Treasurer | OfficerTrustee | 1 | $0 |
Kevin Dwyer Secretary | OfficerTrustee | 1 | $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 | $646,116 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $646,116 |
| Total Program Service Revenue | $21,001 |
| Investment income | $17 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$136,301 |
| 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 | $530,883 |
| 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 | $2,784 |
| 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 | $80,538 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $23,142 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,339 |
| Fees for services: Accounting | $25,387 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,414 |
| Office expenses | $8,933 |
| Information technology | $249 |
| Royalties | $0 |
| Occupancy | $58,844 |
| Travel | $2,363 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,265 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,557 |
| All other expenses | $7,540 |
| Total functional expenses | $274,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $359,450 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $30,465 |
| 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 | $2,775,581 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $32,377 |
| Total assets | $3,197,873 |
| Accounts payable and accrued expenses | $1,505 |
| 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 | $2,710,451 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,711,956 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $485,917 |
| Total liabilities and net assets/fund balances | $3,197,873 |