Life Impact Inc
- Assets
- $924.0k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 23
- Location
- Bend, OR
- Founding
- 07/2003
- Data as of
- 12/2021
- EIN
- 05-0562732
Organization Overview
Life Impact Inc, operating under the name Life Impact Ministries, is located in Bend, OR. The organization was established in 2003. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Life Impact Ministries employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Impact 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 12/2021, Life Impact Ministries generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 12.0% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HUMANITARIAN AID WORKERS AND MINISTRY LEADERS A PLACE FOR REST AND RELAXATION WHILE THEY ARE MENTORED IN ISSUES FACING THEM AS THEY LIVE AND WORK GLOBALLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HUMANITARIAN AID WORKERS AND MISSIONAIRIES A PLACE FOR REST AND RELAXATION WHILE THEY ARE MENTORED IN ISSUES FACING THEM AS THEY LIVE AND WORK IN FOREIGN COUNTRIES.
PROVIDE HUMANITARIAN AID WORKERS AND MISSIONAIRIES A PLACE FOR REST AND RELAXATION WHILE THEY ARE MENTORED IN ISSUES FACING THEM AS THEY LIVE AND WORK IN FOREIGN COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan Lagrange Executive Di | OfficerTrustee | 40 | $50,750 |
Dan Cox Board Chairm | OfficerTrustee | $0 | |
Brianna Caldwell Board Secret | OfficerTrustee | $0 | |
Preston Byrd Board Treasu | OfficerTrustee | $0 | |
Brian Sunderland Board Member | Trustee | $0 | |
John Um Board Member | Trustee | $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 | $1,852,994 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,852,994 |
| Total Program Service Revenue | $0 |
| Investment income | $57 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,853,051 |
| 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 | $0 |
| 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 | $778,420 |
| Pension plan accruals and contributions | $14,400 |
| Other employee benefits | $14,889 |
| Payroll taxes | $139,456 |
| Fees for services: Management | $33,639 |
| Fees for services: Legal | $2,369 |
| Fees for services: Accounting | $41,247 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,434 |
| Advertising and promotion | $1,055 |
| Office expenses | $241,630 |
| Information technology | $4,555 |
| Royalties | $0 |
| Occupancy | $149,830 |
| Travel | $116,158 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,000 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $15,055 |
| All other expenses | $0 |
| Total functional expenses | $1,606,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $772,258 |
| Savings and temporary cash investments | $151,705 |
| 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 | $923,963 |
| 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 | $81,274 |
| Other liabilities | $0 |
| Total liabilities | $81,274 |
| Net assets without donor restrictions | $842,689 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $923,963 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Impact Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
1 17 Foundation Chicago, IL PURPOSE: OUR OASES ARE OPEN TO HUMANITARIAN AID WORKERS MISSIONARIES PASTORS AND OTHER CHRISTIAN LEADERS WHO NEED A PERSONAL RETREAT TO GAIN PHYSICAL SPIRITUAL AND EMOTIONAL STRENGTH WHILE PROCESSING UNRESOLVED OR CRUCIAL ISSUES. | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amazing Facts International Granite Bay, CA | $89,775,280 | $35,047,793 |
Kingdom Causes Long Beach, CA | $4,022,983 | $21,219,613 |
Youth With A Mission San Diego-Baja Chula Vista, CA | $22,048,486 | $17,148,909 |
Christ-Centered Ministries Inglewood, CA | $3,642,191 | $13,458,260 |
Latino Coalition For Community Leadership Bakersfield, CA | $2,661,885 | $14,445,845 |
Living Stream Anaheim, CA | $110,298,756 | $20,926,950 |
Union Gospel Mission Of Yakima Wash Yakima, WA | $12,139,044 | $14,954,134 |
Lynden Christian School Lynden, WA | $25,367,637 | $13,182,296 |
Luis Palau Association Portland, OR | $14,968,196 | $16,675,451 |
Rescue International Dana Point, CA | $7,874,025 | $9,695,100 |
Community Build Inc Los Angeles, CA | $3,997,471 | $9,365,253 |
Lake Mission Viejo Association Mission Viejo, CA | $11,099,981 | $7,973,182 |