Lovesick Ministries
- Assets
- $339.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawton, OK
- Founding
- 10/2010
- Data as of
- 12/2021
- EIN
- 27-1292894
Organization Overview
Lovesick Ministries is located in Lawton, OK. The organization was established in 2010. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lovesick 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, Lovesick Ministries generated $153.9k 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 (15.0%) each year. All expenses for the organization totaled $51.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.2%) 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
2021
Describe the Organization's Program Activity:
Part 3
FEED AND CLOTHE THE HOMELESS AND NEEDY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chad Lassiter Treasurer | 20 | $0 | |
Mary Solenberg President | 40 | $0 | |
Austin Solenberg Vice-President | 20 | $0 | |
Kristin Lassiter Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $152,601 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,276 |
| Total Revenue | $153,877 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $17,724 |
| Printing, publications, postage, and shipping | $1,998 |
| Other expenses | $32,093 |
| Total expenses | $51,815 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,175 |
| Other assets | $0 |
| Total assets | $339,538 |
| Total liabilities | $62,516 |
| Net assets or fund balances | $277,022 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Lovesick Ministries has recieved totaling $60,800.
| Awarding Organization | Amount |
|---|---|
Oldham Little Church Foundation Houston, TX PURPOSE: PLUMBING / NATURAL GAS PIPING / PORTABLE WATER | $26,000 |
Oldham Little Church Foundation Houston, TX PURPOSE: KITCHEN EQUIPMENT | $24,000 |
Feed The Children Inc Oklahoma City, OK PURPOSE: NECESSITIES FOR NEEDY CHILDREN & FAMILIES | $10,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Union Gospel Mission Of Tarrant County Fort Worth, TX | $65,887,376 | $29,455,408 |
Summit Ministries Inc Manitou Springs, CO | $15,859,073 | $12,358,452 |
Minnie Slaughter Veal Memorial Fund Dallas, TX | $15,276,892 | $11,585,960 |
Glorieta 2-0 Inc Glorieta, NM | $10,000,063 | $8,243,412 |
Modern Day Missions Arlington, TX | $2,308,348 | $8,222,545 |
Global Media Outreach Plano, TX | $2,988,957 | $8,027,207 |
House Of Prayer And Life Incorporated Houston, TX | $2,486,433 | $7,989,653 |
India Transformed Denver, CO | $8,662,864 | $16,064,070 |
Camp Allen-Camp And Conference Center Navasota, TX | $17,153,236 | $7,942,711 |
West Houston Assistance Ministries Inc Houston, TX | $3,828,529 | $8,204,113 |
Center For Christian Growth Inc New Braunfels, TX | $17,780,504 | $10,473,617 |
Carolina Creek Christian Camp Huntsville, TX | $14,287,598 | $6,641,760 |