Totals
- Total revenue
- $6,017,668
- Total expenses
- $4,054,366
- Contributions and grants received
- $6,158,150
- Grants paid
- $2,250
- Program service revenue
- $76,597
- Investment income
- $58,667
- Other revenue
- -$275,746
- Total assets, end of year
- $7,878,932
- Total liabilities, end of year
- $770,558
- Net assets or fund balances, end of year
- $7,108,374
- Program services expenses (Part IX)
- $3,154,084
- Management and general expenses
- $323,609
- Fundraising expenses
- $576,673
- Program service expenses (Part III)
- $3,154,084
Program services were 77.8% 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
$1,197,574
-
1e · Government grants (contributions)
$912,941
-
1f · All other contributions, gifts and grants
$4,047,635
-
1g · Noncash contributions included above
$929,683
-
2a · Program service revenue: Rocky Mnt Conference
total $59,060 · related or exempt $59,060
-
2b · Program service revenue: Program Service Fees
total $17,537 · related or exempt $17,537
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $58,667 · excluded $58,667
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$39,490
-
8a · Fundraising events: contributions included on line 1c
$1,092,841
-
8b · Fundraising events: direct expenses
$204,459
-
8c · Net income from fundraising events
total -$164,969 · excluded -$164,969
-
10a · Gross sales of inventory
$739,666
-
10b · Cost of goods sold
$851,363
-
10c · Net income from sales of inventory
total -$111,697 · related or exempt -$111,697
-
11d · All other revenue
total $920 · related or exempt $920 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$920
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $2,250 · program services $2,250
-
4 · Benefits paid to or for members
total $0 · program services $0
-
5 · Compensation of officers, directors and key employees
total $206,221 · program services $152,603 · management and general $19,580 · fundraising $34,038
-
7 · Other salaries and wages
total $1,890,280 · program services $1,549,237 · management and general $114,525 · fundraising $226,518
-
8 · Pension plan contributions
total $13,038 · program services $2,877 · management and general $10,161
-
9 · Other employee benefits
total $155,850 · program services $115,936 · management and general $30,574 · fundraising $9,340
-
10 · Payroll taxes
total $148,504 · program services $124,202 · management and general $4,643 · fundraising $19,659
-
11b · Fees: legal
total $525 · program services $525
-
11c · Fees: accounting
total $72,725 · program services $53,167 · management and general $14,935 · fundraising $4,623
-
11g · Fees: other
total $268,711 · program services $164,240 · management and general $64,999 · fundraising $39,472
-
12 · Advertising and promotion
total $258,168 · program services $157,479 · fundraising $100,689
-
13 · Office expenses
total $163,266 · program services $95,495 · management and general $13,999 · fundraising $53,772
-
14 · Information technology
total $164,416 · program services $101,533 · management and general $10,189 · fundraising $52,694
-
16 · Occupancy
total $285,519 · program services $254,557 · management and general $15,610 · fundraising $15,352
-
17 · Travel
total $35,438 · program services $29,777 · management and general $3,547 · fundraising $2,114
-
19 · Conferences, conventions and meetings
total $108,699 · program services $106,403 · management and general $2,296
-
20 · Interest
total $3 · program services $3
-
22 · Depreciation, depletion and amortization
total $95,494 · program services $71,621 · management and general $11,937 · fundraising $11,936
-
23 · Insurance
total $48,830 · program services $40,111 · management and general $5,231 · fundraising $3,488
-
24a · Other expenses: Materials/supplies
total $108,825 · program services $108,825
-
24b · Other expenses: Food/hospitality
total $27,604 · program services $23,243 · management and general $1,383 · fundraising $2,978
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
-
26 · Joint costs (an allocation of the lines above)
total $133,431 · program services $93,402 · fundraising $40,029
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,960,432 · end of year $1,537,773
-
2 · Savings and temporary cash investments
beginning of year $1,193,993 · end of year $1,390,991
-
3 · Pledges and grants receivable
beginning of year $27,076
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
8 · Inventories for sale or use
beginning of year $192,902 · end of year $233,322
-
9 · Prepaid expenses and deferred charges
beginning of year $67,889 · end of year $75,781
-
10a · Land, buildings and equipment: cost or other basis
$4,580,781
-
10b · Land, buildings and equipment: accumulated depreciation
$874,195
-
10c · Land, buildings and equipment, net
beginning of year $1,473,028 · end of year $3,706,586
-
11 · Investments: publicly traded securities
beginning of year $504,951 · end of year $517,162
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $560,825 · end of year $417,317
-
17 · Accounts payable and accrued expenses
beginning of year $275,757 · end of year $361,520
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $560,267 · end of year $409,038
-
27 · Net assets without donor restrictions
beginning of year $5,145,072 · end of year $6,759,755
-
28 · Net assets with donor restrictions
end of year $348,619
Mission and programs · 2023
Mission
Provide support and mentoring for women and men facing unexpected pregnancies as well as healthy relationships education.
Activities or mission (Part I)
Provides support and mentoring for parents facing unexpected pregnancies.
-
Three pregnancy centers: Provides medical grade pregnancy tests, educational information, ultrasounds, well women care and STD testing and treatment under the direction of its Medical Director. The Parenting Program educates and equips women and men throughout their pregnancy and until their child is two. Post abortive care helps men and women process and grieve past abortions. Life Network addressed the needs of more than 2,200patients, provided more than 1,100 no-cost ultrasounds, had nearly 3,000parenting appointments and received nearly 26,000volunteer hours in 2023.
Expenses $2,056,387 · Grants $2,250 · Revenue $59,060
-
Thrift Store: The Life Network Family Thrift Store provides quality affordable goods to its clients and community members and benefits the ministry of Life Network.
Expenses $632,571 · Revenue -$111,697
-
Teen education program: Provides comprehensive education on healthy relationships and sexuality as well as suicide awareness and prevention education. in 2023 we taught 6,127 students in 35 middle schools and high schools. Our suicide awareness program was taught in 138 classes.
Expenses $465,126 · Revenue $18,457
As filed on the 2023 return.
Listed in Part VII
-
Derek Hanson
Chair
- Total calculated
- $0
- Hours/week
- 1
-
Linda Gould
Vice Chair
- Total calculated
- $0
- Hours/week
- 1
-
Maura Nordberg
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Tom Sistare
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Bridget Lee
Director
- Total calculated
- $0
- Hours/week
- 1
-
Chris Banta
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dave York
Director
- Total calculated
- $0
- Hours/week
- 1
-
Debbi Rayburn
Director
- Total calculated
- $0
- Hours/week
- 1
-
Eric Cartier
Director
- Total calculated
- $0
- Hours/week
- 1
-
Luke Gheen
Director (part year)
- Total calculated
- $0
- Hours/week
- 1
-
Nancy Haddad
Director
- Total calculated
- $0
- Hours/week
- 1
-
Rich Bennett
President/CEO
- Total calculated
- $206,221
- From this org
- $200,050
- From related orgs
- $0
- Other
- $6,171
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $180,050
- Bonus
- $20,000
- Other
- $0
- Deferred
- $6,002
- Nontaxable benefits
- $169
- Filer's total
- $206,221
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 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Schedule J, Part I, Line 7 Non-fixed payments
- CEO Richard Bennett received a $20,000 discretionary bonus as determined by the finance committee, consisting of independent members of the board of directors.
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
- 2023
- Filed
- 14 June 2024
- IRS schema version
- 2023v5.0
- Source object
- 202411669349301571
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