Laugh Out Loud Ministry Inc

EIN: 202920829 501(c)(3) Religion

Berthoud, CO

Total Revenue
$534,829
Total Expenses
$476,735
Total Assets
$700,126
Net Assets
$677,308
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
CO
Principal Officer
Melissa Fisher
Phone
9705324560
Tax Period
2023-01-01 to 2023-12-31

Laugh Out Loud Ministry Inc, founded in 2005, is a small nonprofit in the Religion sector that reported $535K in total revenue in fiscal year 2023. Expenses of $477K left a modest 11% surplus.

Mission

An international organization that exists to love and nurture orphans, neglected and disadvantaged children and young adults. Its focus is to bring restoration through God's love, allowing children and youth to discover their potential, while equipping and releasing them into their divine destiny and future. LOL is the only orphanage in the Toledo district of Belize. All program development is volunteer driven and supported by donors. No revenue is provided by the government of Belize.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $534,827
Program Service Revenue $0
Investment Income $2
Other Revenue $0
TOTAL REVENUE $534,829

Expense Breakdown

Grants Paid $0
Salaries & Benefits $106,984
Fundraising Expenses $23,835
Program Expenses $405,226
Other Expenses $369,751
TOTAL EXPENSES $476,735

Year-over-Year Comparison

2023 2022 Change
Revenue $534,829 $515,851 +0.0%
Expenses $476,735 $595,729 -0.2%
Net Income $58,094 $-79,878 -1.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
10
Independent Members
5
Employees
2
Volunteers
21

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$12,000
Total Directors
10
$12,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jervis Fisher President 60.00
Officer Director
$6,000 $0 $6,000
Melissa Fisher Vice President 60.00
Officer Director
$6,000 $0 $6,000
Chelsea Horner Secretary 0.00
Officer Director
$0 $0 $0
Patricia Fancher Director 0.00
Director
$0 $0 $0
Herbert Fancher Director 0.00
Director
$0 $0 $0
Zac Horner Director 0.00
Director
$0 $0 $0
Gregg Feddes Director 0.00
Director
$0 $0 $0
Rachael Feddes Director 0.00
Director
$0 $0 $0
Bruce Rouse Director 0.00
Director
$0 $0 $0
Denisha Rouse Director 0.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $534,829 $476,735 $700,126 $58,094
2022 $515,851 $595,729 $626,637 $-79,878
2021 $410,826 $494,934 $718,012 $-84,108
2020 $602,164 $559,804 $805,447 $42,360
2019 $707,371 $669,316 $757,751 $38,055
2018 $578,868 $543,662 $714,754 $35,206
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