Life Building Ministries Inc
- Assets
- $30.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Union, KY
- Founding
- 03/2000
- Data as of
- 06/2024
- EIN
- 59-3581378
Organization Overview
Life Building Ministries Inc is located in Union, KY. The organization was established in 2000. 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. Life Building 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 06/2024, Life Building Ministries Inc generated $82.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $58.8k during the year ending 06/2024. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
PREACHING THE GOSPEL OF JESUS CHRIST THROUGH EVANGELIZINGIN 9 DIFFERENT STATES AT 15 CHURCHES/CAMP MEETINGS AND 15 MEETINGS OUTSIDE OF CHURCHES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Ragle Director/president | 50 | $4,487 | |
Stephanie Finch-Ragle Secretary | 5 | $0 | |
Robert White Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $82,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $82,502 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,873 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $398 |
| Other expenses | $46,530 |
| Total expenses | $58,801 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,847 |
| Other assets | $0 |
| Total assets | $30,847 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,847 |