Light Bearers Ministry
- Assets
- $3.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 22
- Location
- Collegedale, TN
- Founding
- 06/1986
- Data as of
- 12/2021
- EIN
- 91-1320416
Organization Overview
Light Bearers Ministry is located in Collegedale, TN. The organization was established in 1986. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Light Bearers Ministry employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Bearers Ministry 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 12/2021, Light Bearers Ministry generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EVANGELISTIC AND EDIFICATION MINISTRY, REACHING OUT TO THE WORLD WITH THE GOSPEL OF CHRIST
Describe the Organization's Program Activity:
PREACHAS AN EVANGELISTIC AND REVIVAL MINISTRY, LIGHT BEARERS IS THE LAUNCH PAD FOR AN ON-FIRE TEAM OF SPEAKERS WHO EXALT CHRIST AS THE LIVING CENTER OF ALL TRUTH WHILE PREACHING THE FULL-SPECTRUM MESSAGE OF HIS WORD.FIRST, WE HOLD PUBLIC EVANGELISTIC MEETINGS. THESE ARE PREACHING EVENTS HOSTED IN LOCAL VENUES THROUGHOUT THE WORLD. THE MESSAGES ARE CRAFTED FOR THE SPECIFIC PURPOSE OF INTRODUCING CHRIST AND HIS MATCHLESS LOVE AGAINST THE BACKDROP OF THE END-TIME MESSAGE OF BIBLE PROPHECY.SECOND, WE ARE COMMITTED TO REVIVAL MINISTRY IN THE CHURCH. EVANGELISM
TRAINLIGHT BEARERS IS ALSO A TRAINING MINISTRY. THOSE WHO ARE WON TO CHRIST AND IGNITED WITH THE PASSION OF HIS LOVE ARE EAGER TO ENGAGE IN MINISTRY FOR OTHERS. THE TRAINING ARM OF LIGHT BEARERS IS APPROPRIATELY CALLED ARISE, DRAWN FROM ISAIAH 60:1-3. EACH TRAINING PROGRAM IS DESIGNED TO EDUCATE AND EQUIP THE FOLLOWERS OF CHRIST TO ARISE LIKE THE MORNING SUN AND SHINE FORTH WITH THE LIGHT OF THE GOSPEL.
RESOURCELIGHT BEARERS IS A MEDIA PRODUCTION MINISTRY AND A RESOURCE CENTER. OUR TOTAL REASON FOR EXISTENCE AS A MINISTRY IS TO EFFECTIVELY COMMUNICATE THE GOSPEL AND EQUIP OTHERS TO DO THE SAME. AUDIO, VIDEO, LITERATURE, AND THE WEB PLAY A MAJOR ROLE IN THIS MISSION. THERE ARE THREE WAYS TO ACCESS OUR MATERIALS.:LISTEN TO OUR GROWING LIBRARY OF AUDIO SERMONS.WATCH OUR VARIOUS VIDEO MESSAGES, RANGING FROM SERMONS PREACHED AT VARIOUS EVENTS TO OUR DIGMA VIDEO SERIES WHICH SPEAKS TO THE SECULAR CULTURE AT LARGE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ty Gibson Director/president | OfficerTrustee | 40 | $160,845 |
David Asscherick Board Member | Trustee | 40 | $129,251 |
Yamil Rosario Board Member | Trustee | 40 | $125,849 |
Don Otis Chairman/treasurer | OfficerTrustee | 10 | $83,766 |
Mike Racine Board Member | Trustee | 1 | $0 |
Kelly Kinsley Board Member | Trustee | 1 | $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 | $3,069,862 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,069,862 |
| Total Program Service Revenue | $231,163 |
| Investment income | $2,147 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$417,212 |
| Net Income from Fundraising Events | -$113,199 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $38,513 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,818,772 |
| 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. | $499,711 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $1,173,405 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $20 |
| Fees for services: Accounting | $14,273 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $45,117 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $28,094 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $135,206 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $52,937 |
| Insurance | $3,688 |
| All other expenses | $200,451 |
| Total functional expenses | $3,098,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,546,339 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,453 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $31,392 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $409,018 |
| Investments—publicly traded securities | $138,275 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $23,129 |
| Total assets | $3,151,606 |
| Accounts payable and accrued expenses | $460,302 |
| 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 | $0 |
| Total liabilities | $460,302 |
| Net assets without donor restrictions | $2,232,069 |
| Net assets with donor restrictions | $459,235 |
| 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 | $3,151,606 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Light Bearers Ministry has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Haven Of Our Lady Of Peace Inc St Louis, MO | $8,612,583 | $10,375,484 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |