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Life Savers 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: 631192755 ✦ Auburn, AL ✦ Designated as a 501(c)(3)

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Overview

What is Life Savers Ministries Inc?

Life Savers Ministries Inc, situated in Auburn, Alabama, is a nonprofit organization that provides Christian ministry-related services to underprivileged and low-income inner city children. Their offerings include a Saturday-Sunday school program, regular visits, and various projects aimed at benefiting these children. The organization's mission is to uplift and support these kids through faith-based initiatives. With a dedicated team of 18 individuals, Life Savers Ministries Inc seeks to make a positive impact on the lives of these children in need.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0%

Life Savers Ministries Inc has received a low rating of 12%, which results in a Zero-Star out of Four Star rating. This score reflects serious concerns regarding the charity's accountability and financial practices. The lack of independent board members and missing essential policies such as conflict of interest and whistleblower protections significantly contribute to this poor evaluation.

Despite having a documented board meeting minutes, the organization fails to provide necessary financial transparency, with no financial statements available and its website not listed on the tax form. The Program Expense Ratio is also concerning at 34.79%, indicating a low percentage of funds directed towards its programs, which raises questions about its operational efficiency and effectiveness in fulfilling its mission.

Overall, Life Savers Ministries Inc faces substantial challenges in governance, transparency, and financial management, which are critical for donor trust and effective nonprofit operations. These issues highlight the need for improvement to better meet the expectations of stakeholders and the community it serves.


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

Is Life Savers Ministries Inc legitimate?

Life Savers Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Savers 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: $103,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $203,163

For more financial information, click here

What is the mission statement of Life Savers Ministries Inc?

Life Savers Ministries Inc. provides Christian ministry-related services aimed at underprivileged and low-income inner city children. Their offerings include a Saturday-Sunday school, weekly visitations, and various projects that enhance the children's lives. The mission of Life Savers Ministries Inc. is to offer these services, aiming to positively impact the lives of these children and provide them with opportunities they may not otherwise have. The organization's activities strive to foster spiritual growth, education, and overall well-being in these children, contributing to their holistic development.

Who is the CEO of Life Savers Ministries Inc?

Stephen Curry is the Director of Life Savers Ministries Inc.

What is the revenue of Life Savers Ministries Inc?

Life Savers Ministries Inc's revenue in 2022 was $1,076,577.

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

The average compensation at Life Savers Ministries Inc during 2022 was $17,009. There are 18 employees at Life Savers Ministries Inc.


Here are 6 key members and their salaries:


James Anderegg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Anderegg (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dick Hayley (Interim President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dale Vaughn (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Leonard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Life Savers Ministries Inc?

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

Mission Statement of Life Savers Ministries Inc

Life Savers Ministries Inc is committed to providing Christian ministry-related services to inner city children who are primarily underprivileged and have low income. Their mission encompasses various activities, including a Saturday-Sunday school, regular visits, and numerous projects designed to benefit these children. Through these initiatives, Life Savers Ministries aims to offer spiritual guidance and support to these vulnerable young ones, promoting their overall well-being.

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Impact




July, 2024

Life Savers Ministries Inc makes a meaningful impact by offering Christian ministry-related services to inner-city children who are primarily underprivileged and low-income. These services include a Saturday Sunday School, weekly visitation, and various projects that benefit the children. Through their work, Life Savers Ministries positively influences the lives of these children, providing them with spiritual guidance, educational support, and a sense of community. Their efforts contribute to the well-being and development of the children they serve, offering them hope and a brighter future.




This information is meant to be a general summary of Life Savers 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
$1,076,577 (2022)
Expenses
$1,052,681 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,076,577

Assets and Liabilities:

  • Total Assets: $1,105,172
  • Total Liabilities: $0
  • Net Assets: $1,105,172

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Organization Details

Founding Year

1998

Principal Officer

Stephen Curry

Main Address

2515 EAST GLENN AVENUE APT 301, AUBURN, AL, 36830

NTEE Category

Code: X20Z - Religion related

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