REALIFE MEDIA INC

EIN: 352072715 501(c)(3) Religion

BLOOMINGTON, IN

Total Revenue
$485,700
Total Expenses
$601,482
Total Assets
$4,420,013
Net Assets
$4,142,598
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
IN
Principal Officer
DAVID WEIL
Phone
8123333951
Tax Period
2023-01-01 to 2023-12-31

REALIFE MEDIA INC, founded in 1999, is a small nonprofit in the Religion sector that reported $486K in total revenue in fiscal year 2023. Expenses of $601K exceeded revenue, resulting in a 24% operating deficit.

Mission

A NONPROFIT THAT EXISTS TO POSITIVELY IMPACT OUR COMMUNITY BY PROVIDING A SAFE PLACE FOR SPORTS, RECREATION AND THE ARTS; USING RELATIONSHIPS BUILT THROUGH THESE ACTIVITIES TO SHARE THE LOVE OF GOD THROUGH THE STORY OF JESUS. WE SPEND OUR TIME MAINTAINING THE (5 ACRE) BUILDING, CONTINUING INTERIOR AND EXTERIOR DEVELOPMENT, ESTABLISHING PROGRAMMING AND EVENTS, ASKING GOD TO LEAD THIS HUGE PROJECT, AND GROWING OUR PARTNERSHIPS WITHIN THE BLOOMINGTON, INDIANA COMMUNITY. WE ARE NOT A CHURCH, RATHER A COLLECTIVE GROUP OF CHRIST FOLLOWERS WHO OFFER PROGRAMS THAT SERVE UNIQUE PEOPLE WITH UNIQUE INTERESTS, PASSIONS, AND NEEDS. OUR GOAL IS TO DEVELOP RELATIONSHIPS WITH THOSE WHO SPEND TIME HERE AND EARN THE RIGHT TO SHARE WITH THEN WHAT GOD HAS DONE IN OUR LIVES.

Program Service Accomplishments

Program 1
Expenses: $477,112 Revenue: $93,865

OPERATE A FACILITY THAT CONSISTS OF AN INDOOR SPORTS AND RECREATION CENTER, EVENT ROOM, AND OFFICE SPACE. THE FACILITY IS USED BY A VARIETY OF INDIVIDUALS AND GROUPS. THE RECREATION CENTER CONTAINS A...

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OPERATE A FACILITY THAT CONSISTS OF AN INDOOR SPORTS AND RECREATION CENTER, EVENT ROOM, AND OFFICE SPACE. THE FACILITY IS USED BY A VARIETY OF INDIVIDUALS AND GROUPS. THE RECREATION CENTER CONTAINS A 200,000 SQ FOOT SKATE PARK, FIELD TURF, BASKETBALL COURT, VOLLEYBALL, CHILDRENS PLAY GROUND, ART ROOM AND ROCK CLIMBING WALL. THE EVENT ROOM IS USED BY MANY ORGANIZATIONS TO HOST THEIR MEETINGS AND OTHER EVENTS.

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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 $394,881
Program Service Revenue $7,850
Investment Income $0
Other Revenue $82,969
TOTAL REVENUE $485,700

Expense Breakdown

Grants Paid $950
Salaries & Benefits $176,824
Fundraising Expenses $1,705
Program Expenses $477,112
Other Expenses $423,708
TOTAL EXPENSES $601,482

Year-over-Year Comparison

2023 2022 Change
Revenue $485,700 $451,457 +0.1%
Expenses $601,482 $578,442 +0.0%
Net Income $-115,782 $-126,985 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
22
Volunteers
215

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
4
$217
Total Directors
9
$217
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WEIL EXECUTIVE DIRECTOR 50.00
Officer Director
$0 $217 $217
CURTIS SCHOPP BOARD MEMBER 1.00
Director
$0 $0 $0
GARRETT SCHOPP BOARD MEMBER 2.00
Director
$0 $0 $0
JEFF GOLDSBERRY BOARD MEMBER 0.50
Director
$0 $0 $0
JEFF HANNA BOARD MEMBER 1.00
Director
$0 $0 $0
DR TRACY WARREN BOARD MEMBER 0.50
Director
$0 $0 $0
DR JACK SCHMIT PRESIDENT 40.00
Officer Director
$0 $0 $0
DR ALVIN GRIFFITH VICE-PRESIDENT 0.50
Officer Director
$0 $0 $0
MARYBETH SIMON SECRETARY 1.00
Officer 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 $485,700 $601,482 $4,420,013 $-115,782
2022 $451,457 $578,442 $4,588,945 $-126,985
2021 $743,655 $510,069 $4,707,112 $233,586
2020 $580,697 $483,430 $4,206,927 $97,267
2019 $336,671 $515,311 $4,196,249 $-178,640
2018 $323,288 $479,571 $4,318,997 $-156,283
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