Biblical Life Ministries
- Assets
- $24.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Springfield, MO
- Founding
- 06/2009
- Data as of
- 12/2022
- EIN
- 80-0113870
Organization Overview
Biblical Life Ministries is located in Springfield, MO. The organization was established in 2009. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 12/2022, Biblical Life Ministries employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biblical Life Ministries 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 12/2022, Biblical Life Ministries generated $119.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.9%) each year. All expenses for the organization totaled $130.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (4.9%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, MISSIONARY, AND EDUCATIONAL PURPOSES WITHIN THE MEARNING OF SECTION 501(C)(3). MORE PARTICULARLY, THE PURPOSE OF THE CORPORATION ARE: (A) TO DESSEMINATE THE GOSPEL OF THE LORD JESUS CHRIST, THROUGH RELIGIOUS SERVICES, CLASSES, EVANGELISM, AND MISSIONARY WORK. (B) TO PROVIDE A COVERING FOR MISSIONARIES AND MINISTERS, CHURCHES AND TO ORDAIN QUALIFYING PERSONS FOR PASTORAL MINISTRY. (C) TO ESTABLISH CHURCHES AND TO ESTABLISH AND OPERATE BRANCH CHURCHES AND MISSIONS. (D) TO PROVIDE FOR CHURCH PLANTING AND MERCY MISSIONS (I.E. ORPHANAGES, WIDOW ASSISTANCE, FEEDING PROGRAMS, ETC.) (E) TO RECEIVE GIFTS, DONATIONS, AND GRANTS OF MONEY AND PROPERTY OF EVERY KIND FOR THE PURPOSES OF THIS CORPORATION.
Describe the Organization's Program Activity:
Part 3
RELIGIOUS TRAINING: CLASSES & SEMINARS
BENEVOLENT CARE FOR FAMILIES, CHILDREN, & ORPHANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger K Johnson President | 3 | $0 | |
Mike Ash Vice President | 2 | $0 | |
Tim Suddreth Secretary | 2 | $0 | |
Ed Vegso Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,308 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $232 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,540 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $91,501 |
| Professional fees and other payments to independent contractors | $1,816 |
| Occupancy, rent, utilities, and maintenance | $840 |
| Printing, publications, postage, and shipping | $2,166 |
| Other expenses | $34,396 |
| Total expenses | $130,719 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,925 |
| Other assets | $0 |
| Total assets | $24,925 |
| Total liabilities | $1,225 |
| Net assets or fund balances | $23,700 |