Lifewell Ministries Inc
- Assets
- $57.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Snellville, GA
- Founding
- 09/2001
- Data as of
- 12/2023
- EIN
- 84-2213333
Organization Overview
Lifewell Ministries Inc is located in Snellville, GA. The organization was established in 2001. 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. Lifewell 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, Lifewell Ministries Inc generated $163.7k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $152.6k during the year ending 12/2023. While expenses have increased by 12.2% per year over the past 2 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert M Bartoldus President | 40 | $0 | |
Jill Buice Secretary | 0 | $0 | |
Beau Henderson CFO | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93,140 |
| Total Program Service Revenue | $68,731 |
| Membership dues | $625 |
| Investment income | $1,226 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $163,722 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $11,000 |
| Professional fees and other payments to independent contractors | $6,320 |
| Occupancy, rent, utilities, and maintenance | $35,105 |
| Printing, publications, postage, and shipping | $1,487 |
| Other expenses | $98,073 |
| Total expenses | $152,555 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,071 |
| Other assets | $0 |
| Total assets | $57,071 |
| Total liabilities | $21,590 |
| Net assets or fund balances | $35,481 |