Lifehouse Ministries Inc
- Assets
- $360.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ruston, LA
- Founding
- 09/2010
- Data as of
- 12/2020
- EIN
- 27-2601159
Organization Overview
Lifehouse Ministries Inc is located in Ruston, LA. The organization was established in 2010. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Lifehouse Ministries 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 12/2020, Lifehouse Ministries Inc generated $63.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (40.5%) each year. All expenses for the organization totaled $48.7k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathalyn Brewton Minister, Executive Direct | 40 | $24,000 | |
Jason Howell Board Secretary/treasurer | 0 | $0 | |
Kerry Banks Board Member | 0 | $0 | |
Nick Wagner Board Vice President | 0 | $0 | |
Sally Graham Board Member | 0 | $0 | |
Caleb Seney Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,515 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $421 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,936 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $24,000 |
| Professional fees and other payments to independent contractors | $282 |
| Occupancy, rent, utilities, and maintenance | $16,799 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,578 |
| Total expenses | $48,659 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $107,459 |
| Other assets | $0 |
| Total assets | $360,243 |
| Total liabilities | $702 |
| Net assets or fund balances | $359,541 |
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