Word Of Life Fellowship Inc
- Assets
- $120.4m
- Revenue
- $77.0m
- Investments
- $0.0
- Employees
- 658
- Location
- Schroon Lake, NY
- Founding
- 04/1945
- Data as of
- 12/2021
- EIN
- 13-5648615
Organization Overview
Word Of Life Fellowship Inc is located in Schroon Lake, NY. The organization was established in 1945. 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, Word Of Life Fellowship Inc employed 658 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Word Of Life Fellowship 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 12/2021, Word Of Life Fellowship Inc generated $77.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $47.0m during the year ending 12/2021. While expenses have increased by 1.5% 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
THE PURPOSE OF WORD OF LIFE FELLOWSHIP IS EVANGELIZATION AND DISCIPLESHIP THROUGH VARIOUS MEANS CONSISTENT WITH THE HOLY SCRIPTURES TO HELP BUILD AND STRENGTHEN THE CHURCH OF JESUS CHRIST. MINISTRIES INCLUDE CAMPS AND CONFERENCES, PARTNERS WITH CHURCHES TO CULTIVATE DISCIPLE-MAKING YOUTH MINISTRIES BY PROVIDING YOUTH MINISTRY COACHES, CURRICULUM, TRAINING, RESOURCES, MINISTRY PROGRAMS AND YOUTH EVENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH MINISTRIES: THROUGH THE YOUTH MINISTRIES WORD OF LIFE PARTNERS WITH APPROXIMATELY 500 CHURCHES IN THE UNITED STATES. THE WORD OF LIFE YOUTH MINISTRY PROGRAM SERVES LOCAL CHURCHES TO ESTABLISH FOUNDATIONAL TRUTHS FOR GODLY LIVING IN THE LIVES OF YOUNG PEOPLE. AGE SPECIFIC PROGRAMS ARE OFFERED TO PRESCHOOL THROUGH HIGH SCHOOL. LOCAL CHURCH LAY PEOPLE ARE TRAINED AND EQUIPPED BY WORD OF LIFE STAFF TO EFFECTIVELY MINISTER TO THEIR YOUTH.
WORD OF LIFE OPERATES AN ACCREDITED BIBLE INSTITUTE WITH THE MAIN CAMPUS IN NEW YORK AND TEACHING SITE IN FLORIDA. STUDENTS STUDY THE WORD OF GOD UNDER OUTSTANDING RESIDENT AND ADJUNCT PROFESSORS. STUDENTS ARE INSTRUCTED USING THE HOLY BIBLE TO LEARN AND APPLY PRACTICAL PRINCIPLES IN MINISTERING TO OTHERS AND DEVELOPING A GODLY LIFESTYLE.
CAMPS AND CONFERENCES: REACHING YOUTH AND ADULTS THROUGH CAMPS AND CONFERENCE MINISTRIES IS A WORD OF LIFE TRADEMARK. ANNUALLY THOUSANDS OF YOUTH ARE MINISTERED TO THROUGH CAMPS IN THE UNITED STATES AND THOUSANDS OF ADULTS ARE GUESTS AT CONFERENCE CENTERS IN NEW YORK AND FLORIDA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lough Jr Donald H President/director | OfficerTrustee | 40 | $162,713 |
Nelson B John Director/treasurer | OfficerTrustee | 40 | $105,898 |
Peace Jr Roger Director | Trustee | 40 | $103,382 |
Stout Kristopher Director | Trustee | 40 | $93,861 |
Brown Bob G Director | Trustee | 20 | $49,373 |
Reimer John Director | Trustee | 40 | $47,243 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eric & Eric Inc Construction | 12/30/16 | $374,766 |
Architectureplus Architecture Design Planning | 12/30/16 | $108,511 |
Action Graphics Printing And Graphics | 12/30/16 | $466,391 |
C Raymond Davis And Sons Inc Construction | 12/30/16 | $9,292,040 |
The A Group Marketing And Fundraising | 12/30/16 | $447,418 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $13,276,753 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $47,834,303 |
| Noncash contributions included in lines 1a–1f | $244,765 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,111,056 |
| Total Program Service Revenue | $15,310,609 |
| Investment income | $94,960 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $332 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $289,396 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $77,023,933 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,785,273 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,752,887 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $595,804 |
| Compensation of current officers, directors, key employees. | $174,438 |
| Compensation to disqualified persons | $12,177,100 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $220,163 |
| Other employee benefits | $2,650,959 |
| Payroll taxes | $807,372 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,207 |
| Fees for services: Accounting | $112,368 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $138,864 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $248,611 |
| Office expenses | $1,295,346 |
| Information technology | $798,427 |
| Royalties | $0 |
| Occupancy | $3,092,772 |
| Travel | $1,096,976 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,937 |
| Interest | $67,120 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,679,383 |
| Insurance | $994,641 |
| All other expenses | $0 |
| Total functional expenses | $46,965,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,001,386 |
| Savings and temporary cash investments | $22,926,297 |
| Pledges and grants receivable | $397,470 |
| Accounts receivable, net | $517,857 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $612,366 |
| Prepaid expenses and deferred charges | $304,722 |
| Net Land, buildings, and equipment | $86,787,716 |
| Investments—publicly traded securities | $3,755,416 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $55,000 |
| Total assets | $120,358,230 |
| Accounts payable and accrued expenses | $429,093 |
| Grants payable | $0 |
| Deferred revenue | $1,510,405 |
| 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 | $469,083 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,330,342 |
| Total liabilities | $4,738,923 |
| Net assets without donor restrictions | $86,791,306 |
| Net assets with donor restrictions | $28,828,001 |
| 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 | $120,358,230 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Word Of Life Fellowship Inc has recieved totaling $9,550.
| Awarding Organization | Amount |
|---|---|
Deal Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $9,550 |
Endowment Analysis
| Beg. Balance | $2,311,003 |
| Earnings | -$11,480 |
| Net Contributions | $420 |
| Grants | $111,800 |
| Ending Balance | $2,188,143 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Bible Society Philadelphia, PA | $746,607,360 | $112,608,182 |
Word Of Life Fellowship Inc Schroon Lake, NY | $120,358,230 | $77,023,933 |
Vision Benefits Of America Inc Suite 400 Carnegie, PA | $64,908,622 | $38,442,292 |
Diakon Child Family & Community Ministries Topton, PA | $23,881,449 | $28,006,448 |
Mercy Life Inc West Springfield, MA | $6,533,362 | $24,380,335 |
Chayim Vchesed Inc Brooklyn, NY | $4,624,709 | $20,578,750 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Liberty Ministries Schwenksville, PA | $7,484,398 | $10,564,649 |
Infaith Exton, PA | $8,050,176 | $8,512,203 |
Faith And Liberty Discovery Center Llc Philadelphia, PA | $52,138,123 | $36,453,224 |