Lifegate Worldwide

Nonprofit profile at a glance

EIN
261363464
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2017
Location
Stillwater, MN, USA
Phone
6515043020
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Management & Technical Assistance
Affiliation
Christianity

Reported finances

Revenue
$112,979
Expenses
$71,714
Assets
$83,452
Liabilities
$0

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

Leadership & pay

5 people listed

Executive titles in this filing

  • SCOTT IVESTER (EXECUTIVE DIRECTOR)
  • STEPHEN LONETTI (FOUNDER AND PRESIDENT)

People named in this filing

  • VANGCHA LO (BOARD VICE CHAIRMAN)
  • MARK DUVAL (BOARD CHAIRMAN)
  • SCOTT IVESTER (EXECUTIVE DIRECTOR)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Lifegate worldwide is devoted to the effective advance of the gospel of jesus christ by equipping and mobilizing biblically qualified pastors to plant strong, local churches in their own countries.

What it reported doing in 2024

Support to program activities in russia, ukraine, slovakia and phillipines. Specifically - lifegate operations are located in stillwater, mn. It is from this location that they maintain connections between the partners. Monthly progress reports and prayer requests, written by the pastors themselves, assist churches, cell groups and individuals. These reports provide a front row seat in the church planting journey. Lifegate began hosting annual breakfasts for stateside partners. Each breakfast features national pastors representing lifegate's church-planting ministries in their own countries. The breakfasts are educational and intended to increase understanding of the need for and efficacy of the ministries lifegate represents.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 42% for direct work, and 58% for grants.

The verdict

STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 100
  • Sustainability: 77
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56.5%; rating input score 57
  • Program expense ratio: 89%; rating input score 89

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 36.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 15.1% per year; rating input score 100; 70th percentile among comparable filings
  • Revenue growth: 12.8% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 30.6% per year; rating input score 100; 88th percentile among comparable filings

Details

  • Where the money goes: 56.5% of revenue deployed · 89% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $64K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.