Precious Life Inc
- Assets
- $541.6k
- Revenue
- $451.9k
- Investments
- $0.0
- Employees
- 6
- Location
- Altoona, PA
- Founding
- 10/1986
- Data as of
- 12/2021
- EIN
- 25-1527931
Organization Overview
Precious Life Inc is located in Altoona, PA. The organization was established in 1986. According to its NTEE Classification (R62) the organization is classified as: Right to Life, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. As of 12/2021, Precious Life Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Precious Life 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, Precious Life Inc generated $451.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $549.9k during the year ending 12/2021. While expenses have increased by 7.0% 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
CRISIS PREGNANCY MINISTRY THAT PROVIDES POSITIVE ALTERNATIVES TO ABORTION FOR YOUNG WOMEN
Describe the Organization's Program Activity:
Part 3 - Line 4a
COUNSEL WOMEN PARTICULARLY THOSE WITH CRISIS PREGNANCIES, PROVIDE ALTERNATIVES TO ABORTION, EDUCATE PREGNANT WOMEN ON HEALTHY PREGNANCIES, AND CARE FOR PREGNANT WOMEN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Faith Wolfe Treasurer | Officer | 1 | $0 |
Sue Griep Secretary | Officer | 1 | $0 |
Don Longstreth Vice President | Officer | 1 | $0 |
Kenny Loucks President | Officer | 1 | $0 |
John Eichelberger Board Member | Trustee | 1 | $0 |
Cindy Barr Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $50,750 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,787 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $272,537 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $14,309 |
| Net Gain/Loss on Asset Sales | $10,000 |
| Net Income from Fundraising Events | $155,042 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $451,888 |
| 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 | $122,426 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $13,176 |
| Payroll taxes | $11,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,543 |
| Advertising and promotion | $916 |
| Office expenses | $16,799 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,560 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $58 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,107 |
| Insurance | $14,003 |
| All other expenses | $19,290 |
| Total functional expenses | $549,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $303,456 |
| Savings and temporary cash investments | $0 |
| 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 | $158,146 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $80,000 |
| Total assets | $541,602 |
| Accounts payable and accrued expenses | $2,980 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,980 |
| Net assets without donor restrictions | $538,622 |
| 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 | $541,602 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Precious Life Inc has recieved totaling $40,383.
| Awarding Organization | Amount |
|---|---|
Pennsylvania Automotive Association Foundation Harrisburg, PA PURPOSE: GENERAL SUPPORT | $40,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $383 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lighthouse Pregnancy Resource Center Inc Hawthorne, NJ | $3,736,768 | $1,994,496 |
The Care Center Inc Centereach, NY | $803,003 | $1,247,601 |
Heartbeats For Life Newark, OH | $1,386,447 | $951,879 |
Precious Life Inc Altoona, PA | $541,602 | $451,888 |
New Jersey Right To Life Committee Piscataway, NJ | $496,415 | $537,136 |
Human Life Services Inc York, PA | $799,231 | $541,592 |
Pennsylvania Pro-Life Federation Inc Harrisburg, PA | $75,843 | $341,774 |
Lifeline Of Berks County Inc West Reading, PA | $512,091 | $452,951 |
Pennsylvania Pro-Life Federation Educational Fund Harrisburg, PA | $720,285 | $405,327 |
Cincinnati Right To Life Education Foundation Cincinnati, OH | $486,634 | $448,635 |
Foundation For Life Toledo, OH | $156,984 | $340,794 |
Dayton Right To Life Foundation Dayton, OH | $392,546 | $327,682 |