Lifeventure Group Incorporated
- Assets
- $68.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Wayne, IN
- Founding
- Data as of
- 12/2023
- EIN
- 84-2363922
Organization Overview
Lifeventure Group Incorporated is located in Fort Wayne, IN. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lifeventure Group Incorporated 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, Lifeventure Group Incorporated generated $172.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.3% each year. All expenses for the organization totaled $153.7k during the year ending 12/2023. While expenses have increased by 7.3% per year over the past 4 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
2023
Describe the Organization's Program Activity:
Part 3
LIFEVENTURE GROUP IS A NON-PROFIT SEEKING TO LAUNCH LIFE-GIVING VENTURES THAT OFFER THE GOOD NEWS OF JESUS TO UNREACHED PEOPLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Larue President | 50 | $51,667 | |
Shannon Larue Discipling | 0 | $19,508 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $172,204 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $172,204 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $80,634 |
| Professional fees and other payments to independent contractors | $1,645 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $71,418 |
| Total expenses | $153,697 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,741 |
| Other assets | $0 |
| Total assets | $68,741 |
| Total liabilities | $1,746 |
| Net assets or fund balances | $66,995 |