Have Life Ministries Inc

EIN: 263507172 501(c)(3) Religion

Charlotte, NC

Total Revenue
$2,040,577
Total Expenses
$2,115,384
Total Assets
$330,579
Net Assets
$-136,376
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
NC
Principal Officer
Shomari White
Phone
7044412906
Tax Period
2024-01-01 to 2024-12-31

Have Life Ministries Inc, founded in 2008, is a community nonprofit in the Religion sector that reported $2.0M in total revenue in fiscal year 2024.

Mission

To reintroduce Jesus to people through advanced 21st century technology regardless of ages, sex, color, socioeconomic background.

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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 (2024)

Revenue Breakdown

Contributions & Grants $2,040,577
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,040,577

Expense Breakdown

Grants Paid $0
Salaries & Benefits $821,761
Fundraising Expenses $0
Program Expenses $2,115,384
Other Expenses $1,293,623
TOTAL EXPENSES $2,115,384

Year-over-Year Comparison

2024 2023 Change
Revenue $2,040,577 $2,069,265 0.0%
Expenses $2,115,384 $2,199,390 0.0%
Net Income $-74,807 $-130,125 -0.4%
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

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
4
Employees
5
Volunteers
100

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
1
$170,000
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Samuel Snow Officer 40.00
Officer
$170,000 $0 $170,000
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
2025 No data No data No data No data
2024 $2,040,577 $2,115,384 $330,579 $-74,807
2023 No data $2,199,390 $361,396 No data
2022 $2,035,771 $2,083,932 $493,681 $-48,161
2021 $1,598,609 $2,013,965 $539,888 $-415,356
2020 $1,988,655 $1,720,515 $642,573 $268,140
2019 $1,989,465 $1,921,393 $131,644 $68,072
2018 $1,955,244 $2,041,056 $132,997 $-85,812
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