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Life Promotions Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391372893 ✦ Appleton, WI ✦ Designated as a 501(c)(3)

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Overview

What is Life Promotions Inc?

Life Promotions Inc, a nonprofit organization based in Appleton, Wisconsin, strives to connect with youth and share the message of hope through Christ. Their activities primarily revolve around organizing faith-based events and festivals, as well as providing value-based school assembly programs. These programs aim to empower students to make positive choices and steer clear of harmful influences. The organization, with a team of 30 dedicated individuals, also collaborates with churches and organizations to promote faith and the gospel. Their mission is to instill hope in young people across the nation, fostering a sense of community and fostering spiritual growth.


Official website here: www.lifepromotions.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 59% - One-Star out of Four Stars

Life Promotions Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization showcases a strong commitment to maintaining an independent board, with 91% of its members being independent, several critical governance policies are missing, such as a conflict of interest policy and a whistleblower policy.

The organization's financial health reflects some positive aspects, including a solid program expense ratio of 78.20% and effective fundraising efficiency at $0.16, meaning they spend a relatively low amount to raise funds. However, the liabilities to assets ratio is concerning at 78.05%, suggesting that the organization may have significant financial obligations relative to its assets, which could pose risks to its sustainability.

Overall, while Life Promotions Inc demonstrates strengths in program spending and board independence, the lack of essential governance policies and high liabilities indicate areas that require improvement to enhance transparency and financial stability.


This AI summary has been generated from information found on Charity Navigator.

Is Life Promotions Inc legitimate?

Life Promotions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Promotions 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: $223,318
Professional Fundraising Fees: $70,984
Other Salaries and Wages: $988,245

For more financial information, click here


Official website here: www.lifepromotions.org

What is the mission statement of Life Promotions Inc?

Life Promotions Inc, a non-denominational youth ministry, is committed to establishing connections with youth, bridging the gap between them and the gospel, and fostering relationships with Christians and churches through relatable, authentic, and relevant programming, events, and opportunities. Their primary mission is to instill hope in young people nationwide by collaborating with communities to deliver value-based school assembly programs that liberate students from harmful choices and influences. Additionally, Life Promotions collaborates with churches and organizations to promote life in Christ and present the gospel through faith-based events and festivals. Moreover, they organize LIFEST, a multi-day summer music festival that offers worship, fellowship, and teaching opportunities.


Official website here: www.lifepromotions.org

Who is the CEO of Life Promotions Inc?

Vince Gallucci is the President of Life Promotions Inc. The CEO's salary of Life Promotions Inc is $0 and their total compensation is $0.


Official website here: www.lifepromotions.org

What is the revenue of Life Promotions Inc?

Life Promotions Inc's revenue in 2022 was $5,539,524.


Official website here: www.lifepromotions.org

Who are the executives of Life Promotions Inc and what are their salaries?

The average compensation at Life Promotions Inc during 2022 was $40,385. There are 30 employees and 606 volunteers at Life Promotions Inc.


Here are 15 key members and their salaries (Life Promotions Inc's CEO's salary is $0 and their total compensation is $0):


Robert Lenz (President)
  • Compensation: $125,389
  • Related: $0
  • Other: $22,363
Terry Timm (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Schumerth (Vice Chair/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Lichtfuss (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patra Mueller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Feucht (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Scharnhorst (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brent Johnson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Van Lieshout (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Bunker (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ginny Olson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Lehman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Jones Left February 2022 (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Ovens Left September 2022 (Ceo)
  • Compensation: $97,930
  • Related: $0
  • Other: $0
Vince Gallucci (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lifepromotions.org

Where can I find the form 990 for Life Promotions Inc?

Life Promotions Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lifepromotions.org

Learn more at the official website: www.lifepromotions.org

Mission Statement of Life Promotions Inc

Life Promotions Inc, a non-denominational youth ministry, is committed to establishing connections with youth and fostering a bridge between them and the gospel. The organization's mission is multifaceted, aiming to build bridges in three key areas. Firstly, Life Promotions Inc strives to build bridges to youth, reaching out to young individuals across the nation. They accomplish this by collaborating with local communities to deliver value-based school assembly programs. These programs aim to liberate students from damaging choices and influences, instilling hope in them.

Secondly, Life Promotions Inc bridges the gap between youth and the gospel by partnering with churches and organizations. They utilize faith-based events and festivals to present the message of Christ, promoting life in Him. Through these events, Life Promotions Inc plays a significant role in sharing the gospel and nurturing spiritual growth.

Thirdly, Life Promotions Inc seeks to establish connections with Christians and churches by offering relevant, relational, and authentic programming, events, and opportunities. This initiative serves to instill and share hope in Christ, ultimately fostering a sense of unity and strengthening the bond between individuals and their faith.

In summary, Life Promotions Inc, a dedicated youth ministry, builds bridges to youth, connecting them with the gospel and fostering unity among Christians and churches through value-based school assembly programs, faith-based events, and relevant programming. Their ultimate goal is to instill and share hope in Christ with young individuals across the nation.

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Impact




July, 2024

Life Promotions Inc, through its non-denominational youth ministry, is dedicated to building bridges to youth, fostering connections from youth to the Gospel, and establishing links with Christians and churches through relevant and authentic programming. The organization's impact lies in instilling and sharing hope in Christ among youth across the nation. They achieve this by partnering with communities to deliver value-based school assembly programs that empower students to break free from destructive choices and influences. Additionally, Life Promotions collaborates with churches and organizations to promote life in Christ and present the Gospel through faith-based events and festivals. In summary, Life Promotions Inc plays a crucial role in youth development by spreading hope and empowering young individuals to make positive choices.




This information is meant to be a general summary of Life Promotions 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.

Revenue
$5,539,524 (2022)
Expenses
$5,517,733 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,935
  • Program Service Revenue: $1,740,334
  • Gross Receipts: $5,733,328

Assets and Liabilities:

  • Total Assets: $2,579,515
  • Total Liabilities: $2,013,477
  • Net Assets: $566,038

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TICKET SALES AND REGIS

Revenue

$896,552

EVENT INCOME

Revenue

$727,210

SPEAKING INCOME

Revenue

$116,572

Organization Details

Founding Year

1980

Principal Officer

Vince Gallucci

Main Address

3000 N POINTER RD, APPLETON, WI, 54911

NTEE Category

Code: O500 - Youth development

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