Life Recovery 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: 651140323 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Life Recovery Ministries Inc?

Life Recovery Ministries Inc, based in West Palm Beach, Florida, is a faith-based mental health support organization. Their primary mission revolves around offering biblical counseling programs, aiming to support individuals in need of mental health assistance. This nonprofit provides faith-guided services, catering to people seeking a spiritual approach to mental health recovery.


Official website here: www.lrmtoday.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (63%)

Life Recovery Ministries Inc has received a two-star rating from Charity Navigator, indicating significant room for improvement in its operations and governance practices. The organization demonstrates a strong financial commitment toward its programs, with a high program expense ratio of 95.57%. However, it faces critical governance issues, including the absence of independent board members, which raises concerns about accountability and oversight.

While the nonprofit has properly listed its website on the tax forms and maintained policies for conflict of interest, it lacks essential policies such as a whistleblower policy and document retention guidelines. These shortcomings may affect the organization's transparency and reliability in managing its resources. Furthermore, the failure to post tax forms on its website could hinder public access to important financial information.

Despite these challenges, Life Recovery Ministries Inc shows a clear dedication to its mission, reflected in its low liabilities to assets ratio of 1.59%. This indicates sound financial health in terms of managing its debts relative to its assets. However, addressing the noted governance weaknesses will be crucial for improving its overall rating and fostering donor trust in the long run.


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

Is Life Recovery Ministries Inc legitimate?

Life Recovery Ministries Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Life Recovery 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: $39,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,000

For more financial information, click here


Official website here: www.lrmtoday.org

What is the mission statement of Life Recovery Ministries Inc?

Life Recovery Ministries is dedicated to providing mental health support through faith-based biblical counseling programs. Their mission is to offer a spiritual approach to healing and recovery, aiming to empower individuals seeking solace and guidance. They strive to create a supportive environment where people can find comfort and wisdom in the teachings of the Bible, as they navigate their personal struggles. Life Recovery Ministries serves as a beacon of hope for those seeking a faith-based approach to mental health support.


Official website here: www.lrmtoday.org

Who is the CEO of Life Recovery Ministries Inc?

Dana Hepworth is the Director of Life Recovery Ministries Inc.


Official website here: www.lrmtoday.org

What is the revenue of Life Recovery Ministries Inc?

Life Recovery Ministries Inc's revenue in 2022 was $72,095.


Official website here: www.lrmtoday.org

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

The average compensation at Life Recovery Ministries Inc during 2022 was $22,900. There are 2 employees at Life Recovery Ministries Inc.


Here are 4 key members and their salaries:


Dana Hepworth (Director)
  • Compensation: $39,800
  • Related: $0
  • Other: $0
Mark A Carman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Anderson (Board Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Fisher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lrmtoday.org

Where can I find the form 990 for Life Recovery Ministries Inc?

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


Official website here: www.lrmtoday.org

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

Mission Statement of Life Recovery Ministries Inc

Life Recovery Ministries, a mental health support group, is dedicated to providing faith-based biblical counseling programs. Based on the information provided, it appears that this organization's mission revolves around offering counseling services grounded in religious principles. The aim is to provide a supportive environment for individuals seeking mental health assistance, drawing upon the tenets of faith to aid in the healing process. Life Recovery Ministries' unique approach combines spiritual guidance with mental health support, making it a distinctive choice for those seeking holistic care.

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Impact




June, 2024

Life Recovery Ministries Inc's impact is significant in providing faith-based biblical counseling programs that support mental health in West Palm Beach, FL. They offer a vital service to individuals seeking guidance and support in their mental health journey with a focus on integrating faith into the healing process. Their work helps individuals navigate their challenges and find hope and healing through their faith. The organization's efforts contribute to improving the well-being and mental health of individuals in the community.




This information is meant to be a general summary of Life Recovery 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
$72,095 (2022)
Expenses
$86,697 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $19,662
  • Gross Receipts: $72,095

Assets and Liabilities:

  • Total Assets: $75,398
  • Total Liabilities: $1,206
  • Net Assets: $74,192

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Programs

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

Program Services

Revenue

$19,662

Organization Details

Founding Year

2001

Principal Officer

Dana Hepworth

Main Address

4152 W Blue Heron Blvd 104, West Palm Beach, FL, 33404

NTEE Category

Code: F60 - Mental health

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