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Nonprofiteer
← WORD OF LIFE FOUNDATION INC

Form 990 for tax year 2022

Filed by WORD OF LIFE FOUNDATION INC.

Totals

Total revenue
$11,873,124
Total expenses
$20,052,852
Contributions and grants received
$11,922,438
Grants paid
$19,865,130
Program service revenue
$0
Investment income
-$49,314
Other revenue
$0
Total assets, end of year
$19,665,070
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$19,665,070
Program services expenses (Part IX)
$19,865,130
Management and general expenses
$116,543
Fundraising expenses
$71,179
Program service expenses (Part III)
$19,865,130

Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Lough Don H

    Director

    Total calculated
    $190,063
    From this org
    $0
    From related orgs
    $166,259
    Other
    $23,804
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $166,259 related
    Bonus
    $0
    Other
    $0 + $23,804 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $190,063 related
  • Nelson Benjamin J

    Director

    Total calculated
    $117,691
    From this org
    $0
    From related orgs
    $101,862
    Other
    $15,829
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $0 + $101,862 related
    Bonus
    $0
    Other
    $0 + $15,829 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $117,691 related
  • Nightingale Deb

    Director Treasurer

    Total calculated
    $67,377
    From this org
    $0
    From related orgs
    $59,817
    Other
    $7,560
    Hours/week
    10 + 30 related
  • Brown Bob G

    Director-Secretary

    Total calculated
    $23,208
    From this org
    $0
    From related orgs
    $23,081
    Other
    $127
    Hours/week
    20 + 20 related
  • Peterson Bruce

    Director-President

    Total calculated
    $0
    Hours/week
    2
  • Brown Andrew

    Director-Vice President

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Swanson Dane

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Walter R Price

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Chad J Lubke

    Director

    Total calculated
    $0
    Hours/week
    2 + 2 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Travel for companions
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 1a
Spouse travel is approved as long as the travel involves ministry participation.
Schedule J, Part I, Line 3
The audit and compensation committee presents and approves the compensation of all officers that are paid from the related organizations.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
6 November 2023
IRS schema version
2022v5.0
Source object
202313109349300341

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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