Life Ministries International

Nonprofit profile at a glance

EIN
874766931
IRS 990-PF coverage
2022–2024
Forms available
Form 990-PF 2024
Location
Richmond, VA, USA
Phone
4344738317
Rating
93
Verdict
STRONG
Rating confidence
Standard
Sector
Public Foundations

Reported finances

Revenue
$10,600
Expenses
$11,861

Source: IRS Form 990-PF. Selected filing: tax year 2024. Amounts in USD.

Overview

Mission

Public Foundations

What it reported funding in 2024

The foundation reported 21 grants totaling $11,500. The stated grant purposes included the foundation works directly with the international organization of good templars nursery/primary school to identify children of indigent families. the foundation contributes cash to the school and the school uses the cash to defray tuition costs for such children who otherwise would not be able to attend school. the cash is also used to purchase school supplies for such children, including textbooks., the foundation paid for professional exams support for an indigent individual., and the foundation provided monetary support for an indigent individual's hospital expenses., plus 6 other reported purposes.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 97
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 41

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 84th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 97%; rating input score 97; 81st percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Pass
    • Goods, services, or facilities involving a disqualified person: Pass
    • Compensation paid to a disqualified person: Pass
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Pass
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Fail
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 0.5; rating input score 41; 41st percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 41th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 21 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Endowment Health: Endowment-health comparison scored 41/100.
  • Review — Compliance: Part VII-B activity disclosures: Grants to organizations not reported.