PURE LIFE MINISTRIES INC

EIN: 680095964 501(c)(3) Religion

DRY RIDGE, KY

Total Revenue
$2,700,957
Total Expenses
$2,468,300
Total Assets
$3,602,025
Net Assets
$3,403,503
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
CA
Principal Officer
STEVE GALLAGHER
Phone
8598244444
Tax Period
2024-01-01 to 2024-12-31

PURE LIFE MINISTRIES INC, founded in 1987, is a community nonprofit in the Religion sector that reported $2.7M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $2.5M left a modest 9% surplus.

Mission

PURE LIFE MINISTRIES (PLM) EXISTS TO SERVE CHRISTIAN INDIVIDUALS AND ORGANIZATIONS DEALING WITH SEXUAL SIN THROUGHOUT THE WORLD BY PROVIDING BIBLICALLY-BASED COUNSELING, TEACHING RESOURCES, AND A PUBLIC SPEAKING MINISTRY WITH THE GOAL OF LEADING CHRISTIANS TO VICTORY OVER SEXUAL SIN THROUGH A DEEPER LIFE IN GOD.

Program Service Accomplishments

Program 1
Expenses: $1,538,053 Revenue: $1,248,869

PROVIDED OVER 7,500 SESSIONS OF OVER-THE-PHONE COUNSELING TO 455 MEN AND WOMEN; 2,900 SESSIONS OF BIBLICAL COUNSELING TO 98 MEN IN OUR RESIDENTIAL PROGRAM.

Program 2
Expenses: $570,031 Revenue: $54,221

THE MINISTRY CONTINUED TO DEVELOP BIBLICAL CONTENT ON ITS WEBSITE, SERVING THE NEEDS OF OVER 339,000 NEW VISITORS AND RECEIVING OVER 498,000 PAGEVIEWS. THE MINISTRY PROVIDED VIDEO CONTENT TO OVER...

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THE MINISTRY CONTINUED TO DEVELOP BIBLICAL CONTENT ON ITS WEBSITE, SERVING THE NEEDS OF OVER 339,000 NEW VISITORS AND RECEIVING OVER 498,000 PAGEVIEWS. THE MINISTRY PROVIDED VIDEO CONTENT TO OVER 3,800 NEW SUBSCRIBERS ON YOUTUBE. EXHIBITED MINISTRY RESOURCES AT 20 EVENTS.

Program 3
Expenses: $132,982 Revenue: $88,781

DISTRIBUTED OVER 17,500 BOOKS, AUDIO AND VIDEO PRODUCTS WORLDWIDE.

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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 $1,267,590
Program Service Revenue $1,320,988
Investment Income $19,172
Other Revenue $93,207
TOTAL REVENUE $2,700,957

Expense Breakdown

Grants Paid $24,631
Salaries & Benefits $1,204,266
Fundraising Expenses $72,356
Program Expenses $2,241,066
Other Expenses $1,239,403
TOTAL EXPENSES $2,468,300

Year-over-Year Comparison

2024 2023 Change
Revenue $2,700,957 $2,443,095 +0.1%
Expenses $2,468,300 $2,283,027 +0.1%
Net Income $232,657 $160,068 +0.5%
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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Governance

Voting Members
8
Independent Members
6
Employees
57
Volunteers
37

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
5
$75,598
Total Directors
8
$75,598
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVE GALLAGHER PRESIDENT & 40.00
Officer Director
$38,328 $6,099 $44,427
KATHY GALLAGHER VICE PRES-ST 40.00
Officer Director
$26,533 $4,028 $30,561
SHAWN SMITH SECRETARY 0.10
Officer Director
$610 $0 $610
THOMAS BLANGIARDO TREASURER 0.10
Officer Director
$0 $0 $0
DELBERT HILL DIRECTOR 0.10
Director
$0 $0 $0
DUSTIN RENZ VICE PRESIDE 0.10
Officer Director
$0 $0 $0
SCOTT WILSON DIRECTOR 0.10
Director
$0 $0 $0
DAVE WIRICK DIRECTOR 0.10
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 $2,700,957 $2,468,300 $3,602,025 $232,657
2023 $2,443,095 $2,283,027 $3,382,745 $160,068
2022 $2,418,603 $2,182,548 $3,228,339 $236,055
2021 $2,034,601 $1,927,171 $2,948,259 $107,430
2020 $2,254,430 $1,821,724 $2,845,972 $432,706
2019 $1,872,473 $1,885,352 $2,364,232 $-12,879
2018 $1,725,210 $1,800,987 $2,371,087 $-75,777
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