Lifesource Ministries
Nonprofit profile at a glance
- EIN
- 832224335
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Columbus, OH, USA
- Phone
- 6144066686
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $11,456
- Expenses
- $0
- Assets
- $1,937
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Anthony Padgett (President)
People named in this filing
- Anthony Padgett (President)
- Kimberly Padgett (Treasurer)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Purpose: Share the gospel of Jesus Christ as revealed in the New Testament. Meet the material needs of the poor primarily but not limited to food distribution to local neighborhoods. Teach Biblical Principles in support of our stated purposes. Conduct missions outreach work and disciple the nations in cooperation with other organizations serving the same purposes within the community. Spread the Word of the Gospel by ministering to all through seminars, radio, television, etc.
What it reported doing in 2025
Share the gospel of Jesus Christ as revealed in the New Testament. Meet the material needs of the poor primarily but not limited to food distribution to local neighborhoods. Teach Biblical Principles in support of our stated purposes. Conduct missions outreach work and disciple the nations in cooperation with other organizations serving the same purposes within the community.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 82
- Sustainability: 8
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 99.3%; rating input score 99
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: Limited
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: 127.3% per year; rating input score 100; 98th percentile among comparable filings
- Revenue growth: -6.4% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: 4.5% per year; rating input score 100; 55th percentile among comparable filings
Details
- Where the money goes: 99.3% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $11K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 1 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.