Lifeworth Inc

Nonprofit profile at a glance

EIN
472481799
IRS 990-EZ coverage
2022–2023
Forms available
Form 990-EZ 2023, Form 990-N 2021
Location
Red Oak, TX, USA
Phone
9182893779
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Christianity
Affiliation
Christianity

Reported finances

Revenue
$95,935
Expenses
$102,792
Assets
$23,884

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

2 people listed

Executive titles in this filing

  • BOBBY PARKS (PRESIDENT)

People named in this filing

  • BOBBY PARKS (PRESIDENT)
  • MARK PEPIN (EXECUTIVE DI)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Mission: more than a game helps to build bridges for youth to belong, believe, and become the leaders they were created to be by partnering with churches and ministries through sports and clubs in strategic ways to reach their community. More than a game has programming in 3 locations: tulsa, ok, forth worth, tx, & houston, tx and is active in serving youth and ministries in many other communities through speaking, training, and partnerships.

What it reported doing in 2023

First accomplishment: building and maintaining hope fields more than a game builds hope fields to give youth a place to play while introducing them to hope. We believe in helping restore a sense of normalcy and familiarity in refugee communities by using soccer as a bridge to build hope in the next generation. Our hope fields are designed to be child-friendly spaces (cfs) that help provide safe places for youth to belong, believe, and become, despite the circumstances they have come from. For many youth that have come from traumatic environments, sports can be a catalyst for healing and hope when paired with a healthy community. We partner with like-minded churches and ministries that have underutilized land in areas where the pay-to-play barrier is a challenge for many refugee and immigrant youth to have accesses to play and belong on an organized team. We have two hope fields completed and a third hope court being built in houston. Second accomplishment: consistent programming for youth through sport we sponsor and help run consistent programming at each of our hope field sites and hope field soccer clubs (3d, big broncos, little broncos, and ochoa) including a summer training academy & leadership development, called 3d academy. During the summer months, we host a soccer training academy that runs from early june until august (known as 3d academy). This academy focuses on development both in soccer skills and spiritual leadership. The academy is run by volunteers and offered to youth between the ages of 10- 18. The primary attendees of this academy are from the zomi burmese community and is free. During the fall and spring months, we host soccer training and leadership development for youth in the 8-18 age range. This training is called "mfc club. We also host football club- and meet on saturday mornings. We have consistent programming every tuesday evening in fort worth for refugee youth in partnership with volunteers from local churches. We also run afterschool programming with a partnership with ochoa elementary in tulsa, ok. Third accomplishment: free outreach tournaments we host large outreaches throughout the year that are free soccer tournaments to reach the community, usually in the spring for easter, late summer for back-to-school, and christmas time. We distribute christmas toys and books of hope and food to all youth involved in our programs and those that attend the outreaches. We serve hundreds of youth and their families through these free outreach tournaments. Fourth accomplishment: free leadership curriculum we offer free leadership and values curriculum, called varsity leadership academy to all of our players and partners. Our leadership volunteers their time to serve this ministry that is in 20 high schools and several sport clubs, including hope field clubs and partner organizations. We also offer a free more than a game outreach tournament manual for volunteers and partner ministries to use to help impact more youth.

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 80% for direct work, and 20% for grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.7%; rating input score 78
  • Program expense ratio: 72.5%; rating input score 73

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -7.1%; rating input score 35; 35th percentile among comparable filings
  • Total-asset coverage ratio: 0.23; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 29%; rating input score 6; 6th percentile among comparable filings

Growth

  • Program expense growth: 171.4% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 21% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: -25.1% per year; rating input score 0; 8th percentile among comparable filings

Details

  • Where the money goes: 77.7% of revenue deployed · 72.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $75K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2022 to 2023
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Sustainability: Operating margin scored 35/100.
  • High — Sustainability: Total-asset coverage ratio scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 6/100.