Light Of Life Ministries

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

EIN: 731153468 ✦ Augusta, ME ✦ Designated as a 501(c)(3)

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Overview

What is Light Of Life Ministries?

Light of Life Ministries is a nonprofit organization that is deeply rooted in Christianity. It operates through various channels, including a radio station, a bookstore, and events, all of which are centered around its religious beliefs. Additionally, the ministry offers physical therapy and rehabilitation services, ensuring that these essential services are accessible to the community at affordable rates or even for free, demonstrating its commitment to community service.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star rating.

Light Of Life Ministries has received a moderate score of 65%, indicating a mixed performance in terms of accountability and financial health. The organization benefits from a fully independent board, which is a positive aspect, demonstrating good governance. However, the lack of available financial statements significantly impacts its score, leading to a lower overall rating.

The charity shows strong commitment to program expenses, with an impressive program expense ratio of 89.55%, suggesting that a substantial portion of its funding is directed towards its mission-driven activities. Additionally, it has robust policies in place for conflict of interest and document retention, which contribute positively to its accountability measures.

On the downside, the absence of a whistleblower policy and missing financial documentation may raise concerns among potential donors regarding transparency and oversight. Overall, while Light Of Life Ministries shows strengths in certain areas, there are notable limitations that could affect donor confidence.


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

Is Light Of Life Ministries legitimate?

Light Of Life Ministries is a legitimate nonprofit organization registered as a 501(c)(3) entity. Light Of Life Ministries 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $734,369

For more financial information, click here

What is the mission statement of Light Of Life Ministries?

Light of Life Ministries, as a non-profit organization, is dedicated to offering Christian-focused programming through its radio station, bookstore, and events. Beyond its spiritual offerings, the ministry extends its reach by providing physical therapy and rehabilitation services at affordable rates or even for free. This commitment is rooted in their mission to serve the community, ensuring that everyone has access to these essential services.

Who is the CEO of Light Of Life Ministries?

Suzanne Bouchard is the President of Light Of Life Ministries.

What is the revenue of Light Of Life Ministries?

Light Of Life Ministries's revenue in 2021 was $1,119,059.

Who are the executives of Light Of Life Ministries and what are their salaries?


Here are 4 key members and their salaries:


Jane Chapman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joel Epley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Bouchard (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Bouchard (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Light Of Life Ministries?

Light Of Life Ministries's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Light Of Life Ministries

Light of Life Ministries is committed to spreading Christian teachings and values through various mediums. This nonprofit organization operates a radio station, a bookstore, and hosts events that all promote spiritual growth and education. Beyond its religious endeavors, Light of Life Ministries also extends a helping hand to individuals in need by offering physical therapy and rehabilitation services. These services are provided at affordable rates or even free of charge, making them accessible to those who might not otherwise be able to afford such care. In essence, Light of Life Ministries combines spiritual nourishment with practical support, aiming to uplift and empower its community.

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Impact




July, 2024

Light Of Life Ministries has made a significant impact in Augusta, ME by providing Christian-based programming through its radio station, bookstore, and events. In addition, their provision of physical therapy and rehab services at below-market rates or for free has positively impacted the community. The ministry's dual focus on spiritual and physical well-being has helped individuals in need access holistic support and care.




This information is meant to be a general summary of Light Of Life Ministries. 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
$1,119,059 (2021)
Expenses
$1,060,326 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Investment Income: $785
  • Program Service Revenue: $1,118,274
  • Gross Receipts: $1,119,059

Assets and Liabilities:

  • Total Assets: $2,239,527
  • Total Liabilities: $1,547,564
  • Net Assets: $691,963

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Programs

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

Physical Therapy & Rehab

Revenue

$861,001

Wellness

Revenue

$257,273

Organization Details

Founding Year

1982

Principal Officer

Suzanne Bouchard

Main Address

160 Riverside Drive, Augusta, ME, 04330

NTEE Category

Code: X80 - Religion related

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