Abiding Life Ministries International is located in Littleton, CO. The organization was established in 1990. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Abiding Life Ministries International employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abiding Life Ministries International 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, Abiding Life Ministries International generated $456.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $467.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 8 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MINISTERING TO INDIVIDUALS AND GROUPS; PRODUCING BOOKS, CD'S, DVD'S, IN ABIDING LIFE PRINCIPLES; AND HELPING DEFEATED CHRISTIANS TO BECOME RENEWED PEOPLE TO SPREAD THE GOSPEL OF JESUS CHRIST.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINSTERED TO PEOPLE/CHURCHES/EXEMPT GROUPS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Noah Wells Treasurer | OfficerTrustee | 40 | $104,906 |
Betty Wells Executive Dir. | Officer | 65 | $59,313 |
Terry Kraft President | OfficerTrustee | 15 | $0 |
Cj Addison Vice President | OfficerTrustee | 10 | $0 |
Steve Reinhard Secretary | OfficerTrustee | 10 | $0 |
Steve Hahn Board Member | Trustee | 0 | $0 |
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 | $457,214 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $457,214 |
Total Program Service Revenue | $200 |
Investment income | $0 |
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 | -$1,269 |
Miscellaneous Revenue | $0 |
Total Revenue | $456,178 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $164,219 |
Compensation of current officers, directors, key employees. | $35,352 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $12,539 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $46,890 |
Payroll taxes | $13,522 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $10,694 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $13,625 |
Advertising and promotion | $0 |
Office expenses | $1,402 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $4,533 |
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 | $4,612 |
Insurance | $0 |
All other expenses | $8,846 |
Total functional expenses | $467,482 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $10,726 |
Savings and temporary cash investments | $48,774 |
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 | $6,410 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $20,654 |
Other assets | $0 |
Total assets | $86,564 |
Accounts payable and accrued expenses | $705 |
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 | $1,855 |
Total liabilities | $2,560 |
Net assets without donor restrictions | $84,004 |
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 | $86,564 |