Global Impact Ministries Inc DBA LOVE LIFE

EIN: 811486957 501(c)(3) Religion

Charlotte, NC

Total Revenue
$3,828,449
Total Expenses
$3,586,963
Total Assets
$1,154,725
Net Assets
$1,087,624
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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NC
Principal Officer
Justin Reeder
Phone
9546758858
Tax Period
2024-01-01 to 2024-12-31

Global Impact Ministries Inc DBA LOVE LIFE, founded in 2016, is a community nonprofit in the Religion sector that reported $3.8M in total revenue in fiscal year 2024. Expenses of $3.6M left a modest 6% surplus.

Mission

Love Life is uniting and mobilizing the church to create a culture of love and life that will bring an end to abortion and the orphan crisis.

Program Service Accomplishments

Program 1
Expenses: $3,412,653

Since starting in 2016 we are now working in 30 cities across America. Over nine years, mobilizing over 1,000 churches, 200,000+ people to the Prayer Walks, resulting in 6,000+ families that chose...

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Since starting in 2016 we are now working in 30 cities across America. Over nine years, mobilizing over 1,000 churches, 200,000+ people to the Prayer Walks, resulting in 6,000+ families that chose life at the abortion centers. We are creating a culture of Love & Life that will bring an end to abortion and the orphan crisis. We believe the local Church is the answer. We invite churches across the country to partner with us through our Adoption Week process. There are four key elements to an adoption week: HEAR-PRAY-GO-CONNECT. Sunday service kicks off Adoption Week with the Pastor encouraged to speak on the Sanctity of Life and educating the congregation on the tragic truth of abortion. Wednesdays, the congregation is invited to fast and pray for the end of the abortion and orphan crisis. Saturdays, the Church participates in a peaceful Prayer Walk at the local abortion center. At the end of every Prayer Walk, there is a call to connect with ongoing ministry opportunities like Mentoring, Sidewalk Outreach, Orphan Care, and post-abortive Bible studies. We provide training and resources for these ministry areas in conjunction with partnering ministries in each city we are located.

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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 $3,809,076
Program Service Revenue $0
Investment Income $0
Other Revenue $19,373
TOTAL REVENUE $3,828,449

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,408,851
Fundraising Expenses $23,781
Program Expenses $3,412,653
Other Expenses $1,178,112
TOTAL EXPENSES $3,586,963

Year-over-Year Comparison

2024 2023 Change
Revenue $3,828,449 $3,710,951 +0.0%
Expenses $3,586,963 $3,824,577 -0.1%
Net Income $241,486 $-113,626 -3.1%
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
5
Independent Members
5
Employees
77
Volunteers
600

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
$81,664
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Daniel Parks Executive Dir. 40.00
Officer
$81,664 $0 $81,664
Justin Reeder President 40.00
Officer Director
$0 $0 $0
Robert Reeder Director 10.00
Director
$0 $0 $0
Jason Osterich Secretary 10.00
Officer Director
$0 $0 $0
David Benham Director 10.00
Director
$0 $0 $0
Jason Benham Director 10.00
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 $3,828,449 $3,586,963 $1,154,725 $241,486
2023 $3,710,951 $3,824,577 $971,771 $-113,626
2022 $3,391,883 $2,879,665 $1,022,788 $512,218
2021 $2,216,461 $2,031,354 $481,505 $185,107
2020 $1,118,942 $882,855 $366,331 $236,087
2019 $878,944 $908,667 $42,243 $-29,723
2018 $625,523 $597,755 $52,105 $27,768
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