Overview
What is Life Spring Network Inc?
Life Spring Network Inc, headquartered in Chicago, Illinois, is a small nonprofit organization with a focus on empowering Christian communities. Their mission is to foster reproductive discipleship through Christian mentoring networks, encouraging continuous learning and growth among churches and ministries to effectively serve holistically. The organization aims to establish resources and unlock the potential of these networks, fostering a culture of mutual encouragement and knowledge sharing. With a dedicated team of one, Life Spring Network Inc works towards building a supportive network that consistently improves their collective ability to make a positive impact in their communities.
Official website here: www.lifespringnetwork.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star Rating
Life Spring Network Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in its accountability and finance practices. The score reflects a strong emphasis on financial management, with a 100% allocation to the Accountability & Finance beacon. The organization has demonstrated a commitment to transparency and responsible governance, earning full marks in critical areas such as independent board membership and the absence of material diversion of assets.
The evaluation highlights the effectiveness of Life Spring Network Inc’s governance structure, with 83% of its board members being independent. This independence contributes to a robust oversight of financial activities, illustrated by a low liabilities-to-assets ratio of 0.20%. Moreover, the organization maintains a conflict of interest policy and documents board meeting minutes, showcasing its dedication to ethical practices and accountability.
While the organization appears to be performing well in terms of financial management and governance, the Three-Star rating suggests there may still be room for improvement in other areas. Overall, the organization demonstrates a strong foundation for reliability and ethical conduct, making it a trustworthy option for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Life Spring Network Inc legitimate?
Life Spring Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Spring Network Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $29,938
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.lifespringnetwork.org
What is the mission statement of Life Spring Network Inc?
Life Spring Network Inc's mission is centered around establishing resources and unlocking the potential for reproductive disciple making through Christian mentoring networks. Their goal is to build a network of churches and ministries that continually encourage and learn from each other, focusing on the best methods for holistic growth. The organization aims to train, mentor, and equip communities of Christians, helping them to steward their lives and realize their full potential in Christ.
Official website here: www.lifespringnetwork.org
What is the revenue of Life Spring Network Inc?
Life Spring Network Inc's revenue in 2023 was $99,299.
Official website here: www.lifespringnetwork.org
Who are the executives of Life Spring Network Inc and what are their salaries?
The average compensation at Life Spring Network Inc during 2023 was $29,938. There is 1 employee and 15 volunteers at Life Spring Network Inc.
Here are 6 key members and their salaries:
- Compensation: $20,863
- Related: $0
- Other: $9,075
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lifespringnetwork.org
Where can I find the form 990 for Life Spring Network Inc?
Life Spring Network Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lifespringnetwork.org
Learn more at the official website: www.lifespringnetwork.org
Mission Statement of Life Spring Network Inc
Life Spring Network Inc is dedicated to establishing resources and unlocking the potential for reproductive disciple-making through Christian mentoring networks. Their goal is to build a network of churches and ministries that continuously encourage and learn from each other, striving to understand the best methods for holistic growth. This organization focuses on training, mentoring, and equipping communities of Christians to manage their lives effectively and realize their potential in Christ.
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Impact
August, 2024
Life Spring Network Inc's impact lies in its mission to establish resources and unleash the potential of reproductive disciple making through Christian mentoring networks. By training, mentoring, and equipping communities of Christians to steward their lives and realize their potential in Christ, this organization in Chicago, IL, is working towards building a network of churches and ministries that continually encourage and learn from one another about how to best make a holistic impact. The organization's focus on reproductive disciple making and Christian mentoring is aimed at fostering spiritual growth and empowerment within communities.
This information is meant to be a general summary of Life Spring Network Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,794
- Gross Receipts: $99,299
Assets and Liabilities:
- Total Assets: $289,583
- Total Liabilities: $582
- Net Assets: $289,001
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Organization Details
Founding Year
2006
Phone
(203) 637-3669Principal Officer
Jason Pankau
Main Address
30 WEST END AVE, OLD GREENWICH, CT, 06870
Website
www.lifespringnetwork.orgNTEE Category
Code: X20 - Religion related
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