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Light Bearers Ministry

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

EIN: 911320416 ✦ Collegedale, TN ✦ Designated as a 501(c)(3)

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Overview

What is Light Bearers Ministry?

Light Bearers Ministry, situated in Collegedale, Tennessee, is a nonprofit organization with a strong evangelistic and revival focus. Their primary mission is to spread the gospel of Christ worldwide, utilizing public meetings and revival ministry in churches to introduce Jesus and His love against the backdrop of end-time biblical prophecy. With a team of passionate speakers, they aim to assist the global church in expediting the glorious return of Jesus Christ by fulfilling His mandate to proclaim the gospel to all nations. Light Bearers Ministry boasts a dedicated workforce of 19 individuals, committed to bringing the message of salvation to the world.


Official website here: www.lightbearers.org

What are the reviews and ratings of this charity?

Charity Navigator Rating 89%

Light Bearers Ministry has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has demonstrated strong governance, with 55% of its board members being independent, which enhances oversight and decision-making integrity. Additionally, it scores perfectly on various criteria such as audit and oversight, conflict of interest, and whistleblower policies.

The financial metrics show that Light Bearers Ministry is managing its resources effectively; the liabilities to assets ratio is very low at 6.30%, and fundraising efficiency is remarkable at $0.03 per dollar raised. However, the program expense ratio of 64.69% suggests that there might be room for improvement in channeling a higher percentage of funds directly toward program services compared to administrative costs.

Overall, while Light Bearers Ministry demonstrates strong financial health and governance practices, potential donors may want to consider its program expense ratio as part of their decision-making process. The organization’s commitment to transparency and a lack of material asset diversion further enhance its reputation in the nonprofit sector.


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

Is Light Bearers Ministry legitimate?

Light Bearers Ministry is a legitimate nonprofit organization registered as a 501(c)(3) entity. Light Bearers Ministry 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: $359,620
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lightbearers.org

What is the mission statement of Light Bearers Ministry?

The mission of Light Bearers Ministry is centered around accelerating the arrival of Jesus Christ's glorious return. They accomplish this by aiding the global church in fulfilling Christ's command to spread His gospel worldwide. Their activities primarily involve an evangelistic and revival ministry. They organize public meetings worldwide to introduce Christ and His unmatched love, setting these events against the backdrop of end-time biblical prophecy. Additionally, Light Bearers Ministry is committed to revival within the church, working towards spiritual renewal and growth among believers.


Official website here: www.lightbearers.org

Who is the CEO of Light Bearers Ministry?

Ty Gibson is the Chairman/Secretary of Light Bearers Ministry.


Official website here: www.lightbearers.org

What is the revenue of Light Bearers Ministry?

Light Bearers Ministry's revenue in 2022 was $2,138,389.


Official website here: www.lightbearers.org

Who are the executives of Light Bearers Ministry and what are their salaries?

The average compensation at Light Bearers Ministry during 2022 was $18,927. There are 19 employees at Light Bearers Ministry.


Here are 9 key members and their salaries:


Don Otis (Chairman/Secretary)
  • Compensation: $107,999
  • Related: $0
  • Other: $0
Ty Gibson (Director/President)
  • Compensation: $81,024
  • Related: $0
  • Other: $9,256
Kim Busl (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Racine (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yamil Rosario (Board Member)
  • Compensation: $84,654
  • Related: $0
  • Other: $26,380
Kelly Kinsley (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Asscherick (Board Member)
  • Compensation: $85,943
  • Related: $0
  • Other: $26,380
Victor Maddox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cintia Nojima (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lightbearers.org

Where can I find the form 990 for Light Bearers Ministry?

Light Bearers Ministry's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lightbearers.org

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

Mission Statement of Light Bearers Ministry

Light Bearers Ministry, as an evangelistic and edification ministry, is committed to reaching out to the world with the Gospel of Christ. Their mission is to assist the global church in accelerating the glorious return of Jesus Christ by aiding in the execution of His mandate to proclaim the Gospel to all nations. This nonprofit organization, known for its preaching events, introduces Christ and His boundless love against the backdrop of end-time Bible prophecy at public meetings held in various locations worldwide. Additionally, Light Bearers Ministry is dedicated to revival ministry within the church, emphasizing evangelism.

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Impact




July, 2024

Light Bearers Ministry has a significant impact on spreading the gospel of Christ and fostering revival within the church. Through their evangelistic and edification ministry, they reach out to the world with the message of Christ's love and the end-time prophecies. By holding public evangelistic meetings and engaging in revival ministry within the church, Light Bearers Ministry plays a crucial role in helping to hasten the glorious coming of Jesus Christ. Their focus on exalting Christ as the center of all truth and preaching the full-spectrum message of His Word demonstrates their commitment to spreading the gospel to all corners of the world.




This information is meant to be a general summary of Light Bearers Ministry. 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
$2,138,389 (2022)
Expenses
$2,479,586 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$3,471
  • Program Service Revenue: $215,900
  • Gross Receipts: $2,352,897

Assets and Liabilities:

  • Total Assets: $2,493,402
  • Total Liabilities: $157,168
  • Net Assets: $2,336,234

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Programs

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

TUITION

Revenue

$215,900

Organization Details

Founding Year

1985

Principal Officer

Ty Gibson

Main Address

5020 University Drive 1100, Collegedale, TN, 37315

NTEE Category

Code: X20Z - Religion related

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