Living Presence Ministry Inc
- Assets
- $17.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Colorado Springs, CO
- Founding
- 02/1999
- Data as of
- 12/2023
- EIN
- 31-1543136
Organization Overview
Living Presence Ministry Inc is located in Colorado Springs, CO. The organization was established in 1999. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Living Presence Ministry 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 12/2023, Living Presence Ministry Inc generated $64.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.8%) each year. All expenses for the organization totaled $62.4k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (17.0%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
FACILITATE THE SPREAD OF THE GOSPEL AND THE MESSAGE OF REDEMPTION THROUGH A NON-DENOMINATIONAL GROUP. PUBLICATIONS, BOOKS, AND TAPES ARE AVAILABLE UPON REQUEST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Doug King President | 40 | $0 | |
Robert Costa Board Chair | 1 | $0 | |
Rob Hunter Treasurer | 1 | $0 | |
Sonnyboy Skosana Secretary | 1 | $0 | |
Markus Mosimann Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $62,259 |
| Total Program Service Revenue | $1,861 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,120 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,500 |
| Professional fees and other payments to independent contractors | $65 |
| Occupancy, rent, utilities, and maintenance | $30,529 |
| Printing, publications, postage, and shipping | $1,462 |
| Other expenses | $9,856 |
| Total expenses | $62,412 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,324 |
| Other assets | $0 |
| Total assets | $17,537 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,537 |