Civic Intelligence

Lifegate Inc.

990 • Fiscal year 2019 • EIN 35-1271887

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 01, 2021

PO Box 5Monrovia, IN 46157

(812) 414-4465

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

81st percentile

0.08x

Higher debt load relative to revenue than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

32nd percentile

-4.0%

Higher net margin than 32% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

92nd percentile

$50,180

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

Down

$320,058

Down $43,184 (-12%) from 2014

Net Assets

Down

$298,672

Down $37,564 (-11%) from 2014

Liabilities

Down

$21,386

Down $5,620 (-21%) from 2014

Revenue

Up

$268,196

Up $23,307 (+9.5%) from 2014

Expenses

Down

$279,055

Down $99,083 (-26%) from 2014

Net Income

Up

-$10,859

Up $122,390 (+92%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $1,127,087Liabilities 2011: $232,682Net Assets 2011: $894,4052011Assets 2012: $1,112,786Liabilities 2012: $227,489Net Assets 2012: $885,2972012Assets 2013: $494,735Liabilities 2013: $25,250Net Assets 2013: $469,4852013Assets 2014: $363,242Liabilities 2014: $27,006Net Assets 2014: $336,2362014Assets 2019: $320,058Liabilities 2019: $21,386Net Assets 2019: $298,6722019Assets 2020: $311,574Liabilities 2020: $12,234Net Assets 2020: $299,3402020Assets 2021: $302,026Liabilities 2021: $5,732Net Assets 2021: $296,2942021Assets 2022: $291,256Liabilities 2022: $882Net Assets 2022: $290,3742022Assets 2023: $328,877Liabilities 2023: $81Net Assets 2023: $328,7962023Assets 2024: $384,207Liabilities 2024: $20,844Net Assets 2024: $363,3632024

Highlighted filing

2019

Assets$320,058
Liabilities$21,386
Net Assets$298,672

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200K-$400K-$600KExpenses 2011: $375,0612011Expenses 2012: $373,8932012Revenue 2013: -$70,223Expenses 2013: $345,590Net Income 2013: -$415,8132013Revenue 2014: $244,889Expenses 2014: $378,138Net Income 2014: -$133,2492014Revenue 2019: $268,196Expenses 2019: $279,055Net Income 2019: -$10,8592019Revenue 2020: $248,520Expenses 2020: $247,852Net Income 2020: $6682020Revenue 2021: $246,777Expenses 2021: $250,762Net Income 2021: -$3,9852021Revenue 2022: $247,013Expenses 2022: $252,933Net Income 2022: -$5,9202022Revenue 2023: $267,523Expenses 2023: $241,462Net Income 2023: $26,0612023Revenue 2024: $290,602Expenses 2024: $280,182Net Income 2024: $10,4202024

Highlighted filing

2019

Revenue$268,196
Expenses$279,055
Net Income-$10,859
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 1, 2021
Return Version
2019v5.1
Gross Receipts
$326,523
Mission and Program Overview

Mission

To spread the gospel of jesus christ throughout the world by producing and selling gospel tracts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$300,173$296,186▼ $3,987
Cash and Non-Interest-Bearing Accounts$26,308$13,791▼ $12,517
Inventories for Sale or Use$4,236$5,501▲ $1,265
Intangible Assets$6,246$4,580▼ $1,666
Total Assets$336,963$320,058▼ $16,905
Liabilities
Accounts Payable and Accrued Expenses$2,530$13,485▲ $10,955
Other Liabilities$24,902$7,901▼ $17,001
Total Liabilities$27,432$21,386▼ $6,046
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$309,531$298,672▼ $10,859
Total Net Assets Fund Balance$309,531$298,672▼ $10,859
Total Liabilities and Net Assets / Fund Balance$336,963$320,058▼ $16,905

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$181,312$12,951-
Other Land Buildings$3,099$15,480-
Land$45,000--
Equipment$39,255$329,343-
Leasehold Improvements$27,520$2,685-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert M PorterPresidentFT$50,180$50,180
Carol S PorterSecretaryFT$7,896$7,896

Board Members and Trustees

NameTitle
Robert F PorterChairman
Joseph HendersonDirector
Keith DavidsonDirector
Kevin GauglerDirector
Robert PageDirector
Robert S RichTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$118,428
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$149,768
All Other Contributions
$118,428
Change in Net Assets
$-10,859
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$173,882
Other Expenses$105,173
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$103,450$58,076$0$161,526
Depreciation Depletion$21,686$0$0$21,686
Advertising$17,731$0$0$17,731
Insurance$12,440$0$0$12,440
Payroll Taxes$7,914$4,442$0$12,356
Office Expenses$6,673$0$0$6,673
All Other Expenses$5,620$0$0$5,620
Occupancy$4,873$0$0$4,873
Other Expenses$4,608$0$0$4,608
Travel$2,584$0$0$2,584
Interest$110$0$0$110
Total Functional Expenses$216,537$62,518$0$279,055
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Other Accrued Liabilities$7,901
Receivables$0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Lifegate Inc
EIN
35-1271887
Phone
8124144465
Address
PO BOX 5, MONROVIA, IN 46157

Signing Officer

Name
Robert M Porter
Title
President
Phone
8124144465
Signed
2021-09-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert M Porter
Formed
1980
Legal Domicile
In
Voting Board Members
8
Independent Board Members
8
Employees
5
Volunteers
0

Preparer

Firm
Watler Accounting CPA Pc
Address
1231 MAPLE AVE, TERRE HAUTE, IN 47804
Preparer
Steven J Watler CPA
Phone
8124468361
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The organizations president and accountant review 990 prior to filing.

Pt VI, Line 19

Governing document desclose explanation. Documents are available upon request.

Pt VI, Line 2

Robert m porter, president and carol s porter, secretary are husband and wife. Robert f porter, chairman and robert m porter, president are father and son.

Other

Pt XI, Line 9 - FIXED ASSET ADJUSTMENT

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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01670254
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0181312
IRS990ScheduleD/BuildingsGrp/DepreciationAmt012951
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt0194263
IRS990ScheduleD/EquipmentGrp/BookValueAmt039255
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0329343
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0368598
IRS990ScheduleD/LandGrp/BookValueAmt045000
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt045000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt027520
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt02685
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt030205
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03099
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt015480
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt018579
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt07901
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt10
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OTHER ACCRUED LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RECEIVABLES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0296186
IRS990ScheduleD/TotalLiabilityAmt07901
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATIONS PRESIDENT AND ACCOUNTANT REVIEW 990 PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENT DESCLOSE EXPLANATION. DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROBERT M PORTER, PRESIDENT AND CAROL S PORTER, SECRETARY ARE HUSBAND AND WIFE. ROBERT F PORTER, CHAIRMAN AND ROBERT M PORTER, PRESIDENT ARE FATHER AND SON.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Pt XI, Line 9 - FIXED ASSET ADJUSTMENT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0336963
IRS990/TotalAssetsEOYAmt0320058
IRS990/TotalAssetsGrp/BOYAmt0336963
IRS990/TotalAssetsGrp/EOYAmt0320058
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0118428
IRS990/TotalEmployeeCnt05
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt062518
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0216537
IRS990/TotalFunctionalExpensesGrp/TotalAmt0279055
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027432
IRS990/TotalLiabilitiesEOYAmt021386
IRS990/TotalLiabilitiesGrp/BOYAmt027432
IRS990/TotalLiabilitiesGrp/EOYAmt021386
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0309531
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0298672
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0216537
IRS990/TotalReportableCompFromOrgAmt058076
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0149768
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0268196
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0336963
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0320058
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt00
IRS990/TravelGrp/ProgramServicesAmt02584
IRS990/TravelGrp/TotalAmt02584
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt08190 BEECH GROVE RD
IRS990/USAddress/CityNm0MARTINSVILLE
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046151
IRS990/VotingMembersGoverningBodyCnt08
IRS990/VotingMembersIndependentCnt08
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT M PORTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum08124144465
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-09-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIFEGATE INC
ReturnHeader/Filer/BusinessNameControlTxt0LIFE
ReturnHeader/Filer/EIN0351271887
ReturnHeader/Filer/PhoneNum08124144465
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 5
ReturnHeader/Filer/USAddress/CityNm0MONROVIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046157
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WATLER ACCOUNTING CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01231 MAPLE AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TERRE HAUTE

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