Living The Word Bible Institute & Evangelism Ctr is located in Henning, MN. The organization was established in 2014. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Living The Word Bible Institute & Evangelism Ctr 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 12/2023, Living The Word Bible Institute & Evangelism Ctr generated $67.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $78.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
TO SPREAD THE GOSPEL OF CHRIST JESUS THROUGH PREACHING,TEACHING, PRAYER, EVANGELIZING, AND BY ANY MEDIAAVAILABLE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark E Hume President | 40 | $59,300 | |
Ann M Hume Vice President | 10 | $0 | |
Alan Olson Secretary | 1 | $0 | |
Mandelyn Halvorson Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $60,941 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $6,790 |
Total Revenue | $67,731 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $59,300 |
Professional fees and other payments to independent contractors | $450 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,476 |
Other expenses | $17,115 |
Total expenses | $78,341 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $7,203 |
Other assets | $0 |
Total assets | $7,203 |
Total liabilities | $0 |
Net assets or fund balances | $7,203 |