Passion For Life Ministries Inc
- Assets
- $22.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Foley, AL
- Founding
- 12/2013
- Data as of
- 12/2023
- EIN
- 46-0972353
Organization Overview
Passion For Life Ministries Inc is located in Foley, AL. The organization was established in 2013. 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. Passion For Life 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 12/2023, Passion For Life Ministries Inc generated $98.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (3.8%) each year. All expenses for the organization totaled $94.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.1%) per year over the past 4 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
PASSION FOR LIFE MINISTRIES ASSISTED PEOPLE IN DISCOVERING AND FULFILLING THEIR GOD GIVEN DESTINY AND PURPOSE IN LIFE. IN 2023 THE ORGANIZATION CONTINUED TO UPDATE AND REVISE TEACHING MATERIAL FOR SCHOOLS FOR PASTORS AND LEADERS AND TRANSLATE THEM INTO SPANISH. THE ORGANIZATION SPOKE AND MINISTERED AT CONFERENCES IN NORTH DAKOTA AND TEXAS. THE ORGANIZATION CONTINUED TO TRAVEL MONTHLY TO NORTH DAKOTA TO ASSIST IN THE CONTINUED DEVELOPMENT OF ENCOUNTER CHURCH, PREACHING IN PERSON AND VIA ZOOM, AND CONTINUING LEADERSHIP DEVELOPMENT MEETINGS AND SEMINARS. IN SEPTEMBER OF THIS YEAR A PASTOR WAS INSTALLED FULL TIME AT THIS CHURCH. THE ORGANIZATION CONTINUED THE CASA DE MANA ELDERLY FEEDING PROGRAM IN NICARAGUA. PASSION FOR LIFE MINISTRIES CONDUCTED AN ESCUELA DE FUEGO SCHOOL FOR LEADERSHIP AND PASTORAL DEVELOPMENT SEMINARS IN NICARAGUA. REGULAR VIDEO CONFERENCES AND MEETINGS WERE HELDWITH CHURCHES AND PASTORS IN NICARAGUA FOR SUPPORT AND DEVELOPMENT. THIS YEAR WE ALSO ADDED ANOTHER MISSIONARY COUPLE TO THE ORGANIZATION TO ASSIST IN MINISTRY AND TRAVEL IN CENTRAL AMERICA. THE ORGANIZATION IS ALSO ACTIVE IN MENTORING AND DEVELOPING THIS COUPLE TOWARD MISSIONS EFFORTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Snyder President | 40 | $24,178 | |
Margaret Snyder Vice President | 20 | $0 | |
Duane Siemens Board Memeber | 1 | $0 | |
James Curtis Board Member | 1 | $0 | |
Tondi Curtis Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,794 |
| Total Program Service Revenue | $2,375 |
| Membership dues | $0 |
| Investment income | $98 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $98,267 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,868 |
| Professional fees and other payments to independent contractors | $904 |
| Occupancy, rent, utilities, and maintenance | $2,000 |
| Printing, publications, postage, and shipping | $205 |
| Other expenses | $34,724 |
| Total expenses | $94,228 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,956 |
| Other assets | $0 |
| Total assets | $21,956 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,956 |