LIFE GENERATING CHURCH INC

EIN: 811348315 501(c)(3) Religion

DEERFIELD BCH, FL

Total Revenue
$341,024
Total Expenses
$433,093
Total Assets
$306,164
Net Assets
$-248,389
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
FL
Phone
9548159761
Tax Period
2024-01-01 to 2024-12-31

LIFE GENERATING CHURCH INC, founded in 2016, is a small nonprofit in the Religion sector that reported $341K in total revenue in fiscal year 2024. Revenue decreased 20% compared to the prior year. Expenses of $433K exceeded revenue, resulting in a 27% operating deficit.

Mission

ACTIVITIES INCLUDE CHURCH SERVICES AS WORSHIP BIBLE SCHOOL FAMILY COUNSELING KIDS BIBLE CLASS AND EVENTS SOCIAL ASSISTANCE FOR THE COMMUNITY AND HELPING EACH INDIVIDUAL GROW

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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 $341,024
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $341,024

Expense Breakdown

Grants Paid $15,035
Salaries & Benefits $82,340
Fundraising Expenses $0
Program Expenses $166,904
Other Expenses $335,718
TOTAL EXPENSES $433,093

Year-over-Year Comparison

2024 2023 Change
Revenue $341,024 $425,242 -0.2%
Expenses $433,093 $482,129 -0.1%
Net Income $-92,069 $-56,887 +0.6%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
2
Employees
3
Volunteers
N/A

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
$33,250
Total Directors
2
$9,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ELIJAH TEIXEIRA DIRECTOR 25.00
Director
$0 $0 $0
ERASMO TEIXEIRA PRESIDENT 40.00
Officer
$33,250 $0 $33,250
GISELE TEIXEIRA DIRECTOR 40.00
Director
$9,600 $0 $9,600
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 $341,024 $433,093 $306,164 $-92,069
2023 $425,242 $482,129 $409,032 $-56,887
2022 $365,560 $301,403 $476,149 $64,157
2021 $276,511 $176,286 $607,880 $100,225
2020 $188,483 $193,430 $168,678 $-4,947
2019 $244,155 $236,987 $7,168 $7,168
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