Free Life Ministries Inc

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

EIN: 581314338 ✦ Goldsboro, NC ✦ Designated as a 501(c)(3)

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Overview

What is Free Life Ministries Inc?

Free Life Ministries Inc is a nonprofit organization that specializes in religious media and communications. Their primary mission is to provide public access to Gospel TV Broadcasting, serving as a platform for spreading faith and spirituality through television. This religious organization operates with the aim of sharing faith messages and fostering spiritual growth within their community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 71%)

Free Life Ministries Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in its operational and financial practices. The charity scored 71% overall, reflecting some strong governance aspects, such as having a fully independent board and a solid liabilities to assets ratio. However, several critical areas lack attention, which has impacted the overall rating.

The organization demonstrates commendable governance practices, including a fully independent board and well-documented board meeting minutes. However, it falls short in transparency and policy implementation, as evidenced by the absence of key documents like a conflict of interest policy, whistleblower policy, and guidelines for document retention. Additionally, the charity's website was not listed on its tax form, indicating a lack of accessibility to important information for donors and stakeholders.

These limitations suggest that while Free Life Ministries Inc is structurally sound in certain areas, it needs to enhance its transparency and accountability measures. Improving these aspects could help strengthen trust with supporters and ensure better oversight of its operations moving forward.


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

Is Free Life Ministries Inc legitimate?

Free Life Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Free Life Ministries 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: $84,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $92,762

For more financial information, click here

What is the mission statement of Free Life Ministries Inc?

Free Life Ministries Inc., as a religious media and communications organization, is committed to providing public access to Gospel TV Broadcasting. Their mission is to serve as a platform, fostering the spread of spiritual messages and beliefs through television. The organization aims to cater to a wide audience, promoting religious education and inspiration through its broadcasts.

Who is the CEO of Free Life Ministries Inc?

Terry L Johnson is the Executive Director of Free Life Ministries Inc.

What is the revenue of Free Life Ministries Inc?

Free Life Ministries Inc's revenue in 2022 was $461,620.

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

The average compensation at Free Life Ministries Inc during 2022 was $44,253. There are 4 employees at Free Life Ministries Inc.


Here are 5 key members and their salaries:


Terry Johnson (Executive Director)
  • Compensation: $84,250
  • Related: $0
  • Other: $0
Franklin G Stallings (Program Host)
  • Compensation: $6,230
  • Related: $0
  • Other: $0
Brian Rogers (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Nettercutt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Dawson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Free Life Ministries Inc?

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

Mission Statement of Free Life Ministries Inc

Free Life Ministries Inc, as a religious media and communications organization, is dedicated to providing public access to Gospel TV Broadcasting. By serving in this capacity, the nonprofit enables individuals to engage with religious content, thereby promoting spiritual growth and connection. Free Life Ministries plays a significant role in the dissemination of religious messages, acting as a conduit for faith-based programming.

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Impact




July, 2024

Free Life Ministries Inc has had a meaningful impact by providing public access to Gospel TV Broadcasting. Through their efforts, they have been able to reach a wide audience with messages of faith and inspiration. Their work as a religious media and communications organization has helped to spread positivity and hope to communities in GOLDSBORO, NC and beyond. Their dedication to sharing the Gospel through television has made a significant difference in the lives of those who tune in, offering a source of spiritual guidance and support.




This information is meant to be a general summary of Free Life Ministries 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
$461,620 (2022)
Expenses
$619,234 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $81,495
  • Gross Receipts: $461,620

Assets and Liabilities:

  • Total Assets: $2,553,232
  • Total Liabilities: $4,623
  • Net Assets: $2,548,609

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Organization Details

Founding Year

1977

Principal Officer

Terry L Johnson

Main Address

P O Box 282, Goldsboro, NC, 27533

NTEE Category

Code: X80 - Religion related

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