Life Teen Inc
- Assets
- $19.2m
- Revenue
- $14.1m
- Investments
- $76.7k
- Employees
- 266
- Location
- Atlanta, GA
- Founding
- 10/1989
- Data as of
- 12/2023
- EIN
- 86-0602592
Organization Overview
Life Teen Inc is located in Atlanta, GA. The organization was established in 1989. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Life Teen Inc employed 266 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Teen 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, Life Teen Inc generated $14.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $13.3m during the year ending 12/2023. While expenses have increased by 3.6% per year over the past 9 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
TO LEAD TEENS CLOSER TO CHRIST THROUGH A CATHOLIC MOVEMENT THAT SERVES THE CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LIFE TEEN SUBSCRIPTIONS OFFER STRUCTURE TO PARISH YOUTH MINISTERS OF THE CATHOLIC CHURCH. LIFE TEEN GUIDES YOUTH MINISTERS TO USE CONTEMPORARY SPIRIT-FILLED MUSIC, DYNAMIC HOMILIES, AND ENGAGING LIFE NIGHTS TO EMPHASIZE THE EUCHARIST AND OUR BLESSED MOTHER MARY. IN 2023, LIFE TEEN ADDED A SOCIAL MEDIA POSITION WHICH KEEPS LIFE TEEN RELEVANT TO OUR DEMOGRAPHICS VIA MULTIMEDIA. LIFE TEEN ALSO OFFERS TRAINING AND SUPPORT THROUGH ITS ANNUAL NATIONAL CONFERENCES AND LOCAL ONE-ON-ONE SUPPORT THROUGH PARISH TRAININGS BY REGIONAL COORDINATORS AND AREA CONTACTS. LIFE TEEN SHOWED A 10% INCREASE IN LIFE SUPPORT SUBSCRIPTIONS AND HELD STEADY IN EDGE SUPPORT SUBSCRIPTIONS IN 2023. ALL OF THIS IS DONE FOR ONE PURPOSE: TO LEAD TEENS CLOSER TO CHRIST. WE BELIEVE THAT WHEN A TEENAGER ENCOUNTERS CHRIST THROUGH THE BEAUTY OF THE CATHOLIC FAITH, THEY WILL TRANSFORM THEIR PARISH, COMMUNITY, AND CULTURE.
LIFE TEEN COMMUNICATIONS - LIFE TEEN USES THE LATEST IN TECHNOLOGY TO COMMUNICATE CHRIST'S LOVE TO TEENS. THE ORGANIZATION HAS ESTABLISHED ITS OWN PRODUCTION STUDIO, LIFE STUDIOS, WHICH ENABLES THE ORGANIZATION TO PRODUCE TRAINING AND INSPIRATIONAL VIDEOS. THE ORGANIZATION'SWEBSITE PROVIDES FURTHER OPPORTUNITIES TO SPREAD THIS MESSAGE OF CHRIST'S LOVE TO TEENS IN A NON-THREATENING ENVIRONMENT.
LIFE TEEN CAMPS ARE DESIGNED TO PROVIDE A RETREAT/CAMP EXPERIENCE THAT 14,864 TEENS PARTICIPATED IN DURING 2023. LIFE TEEN CAMPS ARE A REFUGE, A SAFE PLACE FOR FUN AND FRIENDSHIP THAT GUIDES TEENS TO BUILD LASTING AND MEANINGFUL RELATIONSHIPS WITH EACH OTHER AND MOST IMPORTANTLY WITH JESUS CHRIST. LIFE TEEN OWNS THE LIFE PROPERTY AT CAMP COVECREST LOCATED IN TIGER, GEORGIA, AS WELL AS CAMP HIDDEN LAKE IN DAHLONEGA, GEORGIA. IN 2023, LIFE TEEN DEVELOPED A COLLABORATIVE RELATIONSHIP WITH A CAMP PROPERTY IN CALIFORNIA AND HOSTED TWO CAMP WEEKS OFFERING EXPERIENCES TO TEENS WHO OTHERWISE WOULD NOT KNOW THE POWER OF CHRIST. OVERALL, LIFE TEEN SUCCESSFULLY CONDUCTED 23 WEEKS OF SUMMER CAMPS AT 90% CAPACITY IN TWO STATES.
LIFE TEEN MISSIONS ARE COMPRISED OF 28 FULL TIME MISSIONARIES AND 169 SUMMER MISSIONARIES IN VARIOUS LOCATIONS IN 2023. THERE ARE TWO MISSIONARY OUTREACH TEAMS AVAILABLE TO BE INVITED TO RUN A LIFE NIGHT FOR PARISHES WHO ARE NEW TO LIFE TEEN. IN ADDITION TO PRAYER, COMMUNITY ACTIVITIES AND MISSION WORK, THESE MISSIONARIES RECEIVE FORMATION CLASSES FOCUSED ON GOD'S LOVE, THE MISSIONARY HEART, PRAYER, EVANGELIZATION, THE HOLY SPIRIT, LIFE TEEN CORE VALUES, THEOLOGY OF THE BODY AND THE SACRAMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Raus CEO | Officer | 40 | $201,451 |
Mark Hart Cio | Officer | 40 | $163,827 |
Steve Allgeyer Cao | Officer | 40 | $137,709 |
Jason Ball COO | Officer | 40 | $134,516 |
Ryan Petrillo VP Of Mission Partner Development | 40 | $110,284 | |
Sergio Garcia Director Of Production | 40 | $103,021 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
On Services Audio/visual Services | 12/30/19 | $244,178 |
Jesus Dominguez Contructions Services | 12/30/19 | $205,785 |
Wildwater Ltd Camp Services | 12/30/19 | $114,344 |
On Deck Entertainment Entertainment Services | 12/30/19 | $111,009 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $2,588,961 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,477,278 |
| Noncash contributions included in lines 1a–1f | $140,051 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,066,239 |
| Total Program Service Revenue | $9,187,140 |
| Investment income | $149,929 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $499 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $313 |
| Net Income from Fundraising Events | -$702,589 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $259,605 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,116,939 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $185,159 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $714,297 |
| Compensation of current officers, directors, key employees. | $598,337 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,258,022 |
| Pension plan accruals and contributions | $21,790 |
| Other employee benefits | $447,868 |
| Payroll taxes | $288,876 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,420 |
| Fees for services: Accounting | $107,842 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,070 |
| Fees for services: Other | $766,774 |
| Advertising and promotion | $81,793 |
| Office expenses | $183,900 |
| Information technology | $240,020 |
| Royalties | $0 |
| Occupancy | $682,820 |
| Travel | $619,066 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,485,438 |
| Interest | $39,843 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $590,357 |
| Insurance | $213,416 |
| All other expenses | $700,366 |
| Total functional expenses | $13,292,255 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,220,140 |
| Savings and temporary cash investments | $134,043 |
| Pledges and grants receivable | $3,250,400 |
| Accounts receivable, net | $21,865 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $191,285 |
| Prepaid expenses and deferred charges | $280,690 |
| Net Land, buildings, and equipment | $9,117,245 |
| Investments—publicly traded securities | $271,170 |
| Investments—other securities | $76,698 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $681,365 |
| Total assets | $19,244,901 |
| Accounts payable and accrued expenses | $474,519 |
| Grants payable | $0 |
| Deferred revenue | $2,077,067 |
| 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 | $1,296,205 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $259,914 |
| Total liabilities | $4,107,705 |
| Net assets without donor restrictions | $10,947,988 |
| Net assets with donor restrictions | $4,189,208 |
| 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 | $19,244,901 |