Life Changers Ministries Inc

EIN: 980156477 501(c)(3) Religion

Huntsville, AL

Total Revenue
$160,555
Total Expenses
$149,488
Total Assets
N/A
Net Assets
N/A
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Tax Period
2020-01-01 to 2020-12-31

Life Changers Ministries Inc is a small nonprofit in the Religion sector that reported $161K in total revenue in fiscal year 2020. Expenses of $149K left a modest 7% surplus.

Mission

Our mission is to develop Kingdom Ambassadors who will globalize the Gospel and empower nations

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $160,555
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $160,555

Expense Breakdown

Grants Paid $0
Salaries & Benefits $59,678
Fundraising Expenses $0
Program Expenses $89,810
Other Expenses $89,810
TOTAL EXPENSES $149,488

Year-over-Year Comparison

2020 2019 Change
Revenue $160,555 N/A N/A
Expenses $149,488 N/A N/A
Net Income $11,067 $0 N/A
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

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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
4
Independent Members
4
Employees
N/A
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
0
$0
Total Directors
0
$0
Key Employees
6
$59,678
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ronald Howell Head Pastor 40
Key Emp
$32,010 $0 $32,010
Courtney Donelan N/A 40
Key Emp
$3,100 $0 $3,100
Tameka Grant N/A 40
Key Emp
$4,768 $0 $4,768
Victor Jones N/A 40
Key Emp
$7,800 $0 $7,800
Tamara Lowery N/A 40
Key Emp
$2,400 $0 $2,400
Bonnie Williams N/A 40
Key Emp
$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
2020 $160,555 $149,488 No data $11,067
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