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Nonprofiteer
← LIFE PROMOTIONS INC

Form 990 for tax year 2022

Filed by LIFE PROMOTIONS INC.

Totals

Total revenue
$4,225,413
Total expenses
$3,950,641
Contributions and grants received
$2,152,167
Grants paid
$0
Program service revenue
$1,860,282
Investment income
$29,656
Other revenue
$183,308
Total assets, end of year
$2,211,547
Total liabilities, end of year
$1,345,170
Net assets or fund balances, end of year
$866,377
Program services expenses (Part IX)
$3,191,026
Management and general expenses
$483,065
Fundraising expenses
$276,550
Program service expenses (Part III)
$3,191,026

Program services were 80.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $48,563

  • 1e · Government grants (contributions)

    $76,362

  • 1f · All other contributions, gifts and grants

    $2,027,242

  • 1g · Noncash contributions included above

    $77,319

  • 2a · Program service revenue: TICKET SALES AND REGIS

    total $1,028,221 · related or exempt $1,028,221

  • 2b · Program service revenue: EVENT INCOME

    total $770,871 · related or exempt $731,364 · excluded $39,507

  • 2c · Program service revenue: SPEAKING INCOME

    total $61,190 · related or exempt $61,190

  • 3 · Investment income

    total $17,283 · excluded $17,283

  • 7a · Gross sales of assets other than inventory

    other assets $20,168

  • 7b · Less cost or other basis and sales expenses

    other assets $7,795

  • 7c · Gain or loss

    other assets $12,373

  • 7d · Net gain or loss

    total $12,373 · related or exempt $12,373

  • 8a · Fundraising events: gross income

    $77,162

  • 8a · Fundraising events: contributions included on line 1c

    $48,563

  • 8b · Fundraising events: direct expenses

    $35,094

  • 8c · Net income from fundraising events

    total $42,068 · excluded $42,068

  • 10a · Gross sales of inventory

    $233,510

  • 10b · Cost of goods sold

    $130,674

  • 10c · Net income from sales of inventory

    total $102,836 · excluded $102,836

  • 11a · Other revenue: MISCELLANEOUS INVOME

    total $38,404 · related or exempt $38,404

  • 11e · Other revenue, total

    $38,404

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $237,021 · program services $154,200 · management and general $46,042 · fundraising $36,779

  • 7 · Other salaries and wages

    total $926,316 · program services $605,128 · management and general $220,198 · fundraising $100,990

  • 9 · Other employee benefits

    total $108,402 · program services $89,281 · management and general $16,025 · fundraising $3,096

  • 10 · Payroll taxes

    total $87,110 · program services $59,723 · management and general $16,627 · fundraising $10,760

  • 11c · Fees: accounting

    total $88,521 · management and general $88,521

  • 11e · Fees: professional fundraising services

    total $5,000 · fundraising $5,000

  • 11g · Fees: other

    total $507 · management and general $134 · fundraising $373

  • 12 · Advertising and promotion

    total $51,724 · program services $43,865 · management and general $5,079 · fundraising $2,780

  • 13 · Office expenses

    total $323,353 · program services $263,716 · management and general $4,024 · fundraising $55,613

  • 14 · Information technology

    total $64,675 · program services $53,346 · management and general $3,475 · fundraising $7,854

  • 16 · Occupancy

    total $28,887 · program services $21,110 · management and general $3,636 · fundraising $4,141

  • 17 · Travel

    total $166,197 · program services $145,768 · management and general $1,687 · fundraising $18,742

  • 19 · Conferences, conventions and meetings

    total $275 · program services $275

  • 20 · Interest

    total $33,502 · program services $17,001 · management and general $16,501

  • 22 · Depreciation, depletion and amortization

    total $182,727 · program services $132,207 · management and general $23,618 · fundraising $26,902

  • 23 · Insurance

    total $41,896 · program services $3,793 · management and general $37,331 · fundraising $772

  • 24a · Other expenses: EVENT EXPENSES

    total $1,530,000 · program services $1,528,550 · fundraising $1,450

  • 24b · Other expenses: FOOD

    total $74,528 · program services $73,063 · management and general $167 · fundraising $1,298

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $162,575 · end of year $251,344

  • 2 · Savings and temporary cash investments

    beginning of year $286,002 · end of year $41,068

  • 3 · Pledges and grants receivable

    beginning of year $160,000

  • 4 · Accounts receivable

    beginning of year $7,860 · end of year $32,358

  • 8 · Inventories for sale or use

    beginning of year $59,278 · end of year $33,314

  • 9 · Prepaid expenses and deferred charges

    beginning of year $35,851 · end of year $17,488

  • 10a · Land, buildings and equipment: cost or other basis

    $2,629,756

  • 10b · Land, buildings and equipment: accumulated depreciation

    $1,070,026

  • 10c · Land, buildings and equipment, net

    beginning of year $1,688,518 · end of year $1,559,730

  • 14 · Intangible assets

    end of year $17,640

  • 15 · Other assets

    beginning of year $179,431 · end of year $258,605

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,003,043 · end of year $148,684

  • 19 · Deferred revenue

    beginning of year $607,969 · end of year $781,783

  • 24 · Unsecured notes and loans payable

    beginning of year $252,465 · end of year $264,703

  • 25 · Other liabilities

    beginning of year $150,000 · end of year $150,000

  • 27 · Net assets without donor restrictions

    beginning of year $323,110 · end of year $816,419

  • 28 · Net assets with donor restrictions

    beginning of year $242,928 · end of year $49,958

Mission and programs · 2022

Mission

LIFE PROMOTIONS INSTILLS HOPE IN YOUTH ACROSS THE NATION BY PARTNERING WITH COMMUNITIES TO PROVIDE VALUE-BASED SCHOOL ASSEMBLY PROGRAMS WHICH FREE STUDENTS FROM DESTRUCTIVE CHOICES AND INFLUENCES. LIFE PROMOTIONS ALSO TEAMS UP WITH CHURCHES AND ORGANIZATIONS TO PROMOTE LIFE IN CHRIST AND PRESENT THE GOSPEL THROUGH FAITH-BASED EVENTS AND FESTIVALS.

Activities or mission (Part I)

LIFE PROMOTIONS, INC. IS A NON-DENOMINATIONAL YOUTH MINISTRY DEDICATED TO BUILDING BRIDGES TO YOUTH, BUILDING BRIDGES FROM YOUTH TO THE GOSPEL, AND BUILDING BRIDGES WITH CRHISTIANS AND CHURCHES THROUGH RELEVANT, RELATIONAL AND AUTHENTIC PROGRAMMING, EVENTS AND OPPORTUNITIES; ALL FOR THE PURPOSE OF INSTILLING AND SHARING HOPE IN CHRIST.

  • LIFEST - PROVIDES WORSHIP, FELLOWSHIP AND TEACHING THROUGH A MULTI-DAY SUMMER MUSIC FESTIVAL.

    Expenses $2,097,572 · Revenue $1,561,756

  • LIFE-SPEAKING - PROVIDES VALUE-BASED PUBLIC SCHOOL ASSEMBLY PROGRAMS TO PROMOTE LIFE IN CHRIST AND PRESENT THE GOSPEL THROUGH FAITH-BASED EVENTS.

    Expenses $546,116 · Revenue $61,190

  • QUAKES - PROVIDES SERVICES ACROSS THE COUNTRY TO TEENS IN ORDER TO ESTABLISH THEIR FAITH, EMPOWER CHRISTIAN LIVING, AND LIVE A LIFE OF IMPACT AND LEADERSHIP.

    Expenses $533,051 · Revenue $227,082

  • REACH HOUSE - PROVIDES DISCIPLESHIP AND A MISSION TRAINING PROGRAM FOR YOUNG ADULTS FROM 18-26 YEARS OLD WHO DESIRE TO EXPLORE MINISTRY, CALLING, AND MISSIONS THROUGH AN INTERNSHIP WITH THE ORGANIZATION.

    Expenses $14,287 · Revenue $21,524

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Robert Lenz

    PRESIDENT

    Total calculated
    $166,187
    From this org
    $166,187
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $166,187
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $166,187

  • Terry Timm

    CHAIRPERSON

    Total calculated
    $0
    Hours/week
    1

  • Jay Schumerth

    VICE CHAIR/SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Bill Lichtfuss

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Patra Mueller

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Paul Feucht

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dave Scharnhorst

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Brent Johnson

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dave Van Lieshout

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joshua Bunker

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ginny Olson

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tim Lehman

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Vince Gallucci

    CEO

    Total calculated
    $70,833
    From this org
    $70,833
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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

  • 3 · Approval by the board or compensation committee

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

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2022
Filed
9 September 2024
IRS schema version
2022v5.0
Source object
202432539349300773

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