Israel Lives Corporation
- Assets
- $197.4k
- Revenue
- $268.4k
- Investments
- $0.0
- Employees
- 4
- Location
- Apollo, PA
- Founding
- 10/2018
- Data as of
- 12/2023
- EIN
- 83-1727601
Organization Overview
Israel Lives Corporation is located in Apollo, PA. The organization was established in 2018. 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. As of 12/2023, Israel Lives Corporation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Israel Lives Corporation 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, Israel Lives Corporation generated $268.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $272.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE CORPORATION IS TO PROVIDE SOUND BIBLICAL EDUCATION ABOUT ISRAEL ACCORDING TO GOD'S WORD 3. HOSTING OUR FIRST EVER "ISRAEL 101 SEMINAR" AT NORTHPOINT BIBLE COLLEGE FOR THE DUAL PURPOSE OF WARNING OUR FUTURE MINISTERS AGAINST THE DANGERS OF REPLACEMENT THEOLOGY AND ALSO EQUIPPING THEM TO BUILD BRIDGES WITH THEIR LOCAL JEWISH COMMUNITIES 4. COMPLETION OF OUR MISSIONS BUDGET AND SENDING ME BACK TO MINISTER IN HAIFA 5. FORGING OF A NEW PARTNERSHIP WITH NETWORK 211 AND PIONEERING INTERNET EVANGELISM IN ISRAEL 6. BEGINNING OF CHARITABLE GIVING TO ASSIST HADAR HACARMEL MINISTRY IN ITS OUTREACH TO NEW IMMIGRANT FAMILIES, HOLOCAUST VICTIMS, AND OTHER IMPOVERISHED ISRAELIS 7. HOME RENOVATION FOR AN IMPOVERISHED ISRAELI FAMILY 8. ORGANIZING ISRAEL TOUR FOR SUPPORTING CHURCHES 9. WEEKLY TEACHING AT HOUSE OF VICTORY DRUG REHAB, DEVELOPMENT OF EVANGELISM OUTREACH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADVANCING THE GOSPEL MESSAGE GLOBALY
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Zito Executive Di | Officer | 40 | $58,242 |
Richard Baker Board Of Dir | Trustee | 5 | $0 |
Randall Ross Board Of Dir | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $265,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $265,230 |
| Total Program Service Revenue | $0 |
| Investment income | $3,132 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $268,362 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $23,133 |
| Grants and other assistance to domestic individuals. | $829 |
| Grants and other assistance to Foreign Orgs/Individuals | $48,132 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $58,242 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,498 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $20,344 |
| Payroll taxes | $4,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,681 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $645 |
| Office expenses | $534 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,839 |
| Insurance | $2,407 |
| All other expenses | $6,928 |
| Total functional expenses | $272,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,741 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $24,384 |
| Investments—publicly traded securities | $109,244 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $197,369 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,367 |
| Total liabilities | $10,367 |
| Net assets without donor restrictions | $187,002 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $197,369 |
Grants Awarded
Over the last fiscal year, Israel Lives Corporation has awarded $23,133 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
WORLD CHALLENGE PURPOSE: DONATION | $12,509 |
TREE OF LIFE | | | $10,624 |