Lifecompass Ministries
- Assets
- $4.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- N Charleston, SC
- Founding
- Data as of
- 12/2023
- EIN
- 87-1883973
Organization Overview
Lifecompass Ministries is located in N Charleston, SC. According to its NTEE Classification (P99) the organization is classified as: Human Services N.E.C., 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. Lifecompass Ministries 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, Lifecompass Ministries generated $55.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $54.3k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COMMUNITY DISCIPLESHIP PROGRAMS SMALL GROUPS AND ONE ON ONE DISCIPLESHIP. YTD 500 REACHED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Turnage Jr CEO | 60 | $38,000 | |
Buddy Rathmell Treasurer | 0.25 | $0 | |
Adam Jones Chair | 0.25 | $0 | |
Theodore Larson Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,703 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $55,703 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,014 |
| Professional fees and other payments to independent contractors | $4,268 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $54,282 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $4,055 |
| Other assets | $0 |
| Total assets | $4,055 |
| Total liabilities | $0 |
| Net assets or fund balances | $4,055 |