Civic Intelligence

Word of Life Foundation Inc.

990 • Fiscal year 2013 • EIN 45-2899583

Jan 01, 2013 to Dec 31, 2013 • Filed on Oct 23, 2014

Organization Profilewww.wol.org
PO Box 60012870

(518) 494-6200

Siviq Scores

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

Liabilities / Assets

4th percentile

0.00x

Higher debt load relative to assets than 4% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Liabilities / Revenue

5th percentile

0.00x

Higher debt load relative to revenue than 5% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Net Margin

7th percentile

-37%

Higher net margin than 7% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Top Officer Pay

41st percentile

$138,636

Higher top officer pay than 41% of similar nonprofits.

Top officer pay equals 1.0% of source-year revenue.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2013

Asset Growth

3rd percentile

-19%

Faster asset growth than 3% of similar nonprofits.

2013 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

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

Source year 2013

Balance Sheet
Liabilities / Assets4th percentile

Assets

Down

$22,880,357

Down $5,389,382 (-19%) from 2012

Net Assets

Down

$22,879,357

Down $5,184,382 (-18%) from 2012

Liabilities

Down

$1,000

Down $205,000 (-100%) from 2012

Revenue And Expenses
Liabilities / Revenue5th percentileNet Margin7th percentile

Revenue

$14,082,092

No earlier filing loaded for comparison.

Expenses

Up

$19,275,169

Up $14,232,268 (+282%) from 2012

Net Income

-$5,193,077

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

$30M$20M$10M$0Assets 2012: $28,269,739Liabilities 2012: $206,000Net Assets 2012: $28,063,7392012Assets 2013: $22,880,357Liabilities 2013: $1,000Net Assets 2013: $22,879,3572013Assets 2014: $20,995,323Liabilities 2014: $284,200Net Assets 2014: $20,711,1232014Assets 2015: $22,554,915Liabilities 2015: $4,000Net Assets 2015: $22,550,9152015Assets 2016: $13,061,360Liabilities 2016: $1,000Net Assets 2016: $13,060,3602016Assets 2017: $11,744,293Liabilities 2017: $0Net Assets 2017: $11,744,2932017Assets 2018: $15,929,630Liabilities 2018: $0Net Assets 2018: $15,929,6302018Assets 2019: $20,866,251Liabilities 2019: $0Net Assets 2019: $20,866,2512019Assets 2020: $15,049,518Liabilities 2020: $0Net Assets 2020: $15,049,5182020Assets 2021: $29,167,251Liabilities 2021: $0Net Assets 2021: $29,167,2512021Assets 2022: $19,665,070Liabilities 2022: $0Net Assets 2022: $19,665,0702022Assets 2023: $28,006,828Liabilities 2023: $0Net Assets 2023: $28,006,8282023Assets 2024: $25,753,810Liabilities 2024: $0Net Assets 2024: $25,753,8102024

Highlighted filing

2013

Assets$22,880,357
Liabilities$1,000
Net Assets$22,879,357
Open 2013 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$40M$20M$0-$20MExpenses 2012: $5,042,9012012Revenue 2013: $14,082,092Expenses 2013: $19,275,169Net Income 2013: -$5,193,0772013Revenue 2014: $4,697,595Expenses 2014: $6,889,755Net Income 2014: -$2,192,1602014Revenue 2015: $9,900,932Expenses 2015: $8,060,241Net Income 2015: $1,840,6912015Revenue 2016: $3,696,058Expenses 2016: $13,186,613Net Income 2016: -$9,490,5552016Revenue 2017: $6,866,247Expenses 2017: $8,200,920Net Income 2017: -$1,334,6732017Revenue 2018: $14,704,228Expenses 2018: $10,462,454Net Income 2018: $4,241,7742018Revenue 2019: $26,070,055Expenses 2019: $21,209,090Net Income 2019: $4,860,9652019Revenue 2020: $24,081,640Expenses 2020: $29,949,940Net Income 2020: -$5,868,3002020Revenue 2021: $32,657,621Expenses 2021: $18,766,274Net Income 2021: $13,891,3472021Revenue 2022: $11,873,124Expenses 2022: $20,052,852Net Income 2022: -$8,179,7282022Revenue 2023: $24,510,604Expenses 2023: $17,291,989Net Income 2023: $7,218,6152023Revenue 2024: $11,259,564Expenses 2024: $14,074,459Net Income 2024: -$2,814,8952024

Highlighted filing

2013

Revenue$14,082,092
Expenses$19,275,169
Net Income-$5,193,077
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Oct 23, 2014
Return Version
2013v3.0
Gross Receipts
$19,295,284
Mission and Program Overview

Mission

The foundation is organized and is operated as a type 1 supporting organization for the support and furtherance of the religious, charitable, and educational tax-exempt purposes of word of life fellowship inc. The foundation receives and distributes funds to word of life fellowship inc and other tax exempt organizations who further the purposes of word of life fellowship inc.

The Foundation is organized and operated exclusively to support the overall mission and vision of Word of Life Fellowship, Inc (Word of Life) . Word of Life will oversee the affairs of the Foundation and ensure that all actions of the Foundation are consistent with the mission, vision, values and purposes of Word of Life. The Foundation, by receiving and managing charitable contributions, will support Word of Life and other charities whose work furthers Word of Life's purposes.

Balance Sheet Detail
LineBeginningEndChange
Assets
Receivable From Disqualified Prsn$12,782,203$12,921,134▲ $138,931
Investments in Publicly Traded Securities$8,326,355$6,933,055▼ $1,393,300
Other Notes and Loans Receivable, Net$5,767,347$0▼ $5,767,347
Cash and Non-Interest-Bearing Accounts$1,393,834$3,026,168▲ $1,632,334
Total Assets$28,269,739$22,880,357▼ $5,389,382
Liabilities
Accounts Payable and Accrued Expenses$206,000$1,000▼ $205,000
Other Liabilities$0$0→ $0
Total Liabilities$206,000$1,000▼ $205,000
Net Assets / Fund Balance
Unrestricted Net Assets$28,063,739$22,879,357▼ $5,184,382
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$28,063,739$22,879,357▼ $5,184,382
Total Liabilities and Net Assets / Fund Balance$28,269,739$22,880,357▼ $5,389,382
Compensation and Service Providers
Top Officer Pay41st percentile

Employees

NameTitleFull / Part TimeOtherTotal
Lough Don HDirector-$138,636$138,636
Nelson Benjamin JDirector-$91,272$91,272
Brown Bobby BDirector-SecretaryPT$76,554$76,554
Leach Howard CDirector-Treasurer-$59,274$59,274

Board Members and Trustees

NameTitle
Price WilliamDirector-President
Peterson BruceDirector-Vice President
Davis KyleDirector

Highest Paid Contractors

ContractorServicesLocationCompensation
Word of Life Fellowship IncAdministrative-$105,000
Revenue and Support

Revenue Composition

Contributions and Grants
$13,479,000
Program Service Revenue
$0
Investment Income
$603,092
Other Revenue
$0
All Other Contributions
$13,479,000
Change in Net Assets
$-5,193,077

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded1$203,428NYSE quote
Total Noncash Contributions1$203,428-

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,696,937
Revenue Not Reported on Financial Statements
$385,155
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$385,155
Total Revenue per Audited Statements
$13,696,937
Total Revenue per Form 990
$14,082,092
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$19,119,270
Other Expenses$155,899
Total Fundraising Expense$66,078
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$19,119,270--$19,119,270
Advertising--$66,078$66,078
Other Expenses$0$58,521$0$58,521
Fees for Service Investment Mgmnt Fees-$31,300-$31,300
Total Functional Expenses$19,119,270$89,821$66,078$19,275,169

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,275,169
Total Expenses per Audited Statements$19,275,169
Total Expenses per Form 990$19,275,169
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
11-0303001-501c3Ministry$11,000,000
13-5648615-501c3Ministry$6,038,974
55-0370901-501c3Ministry$600,000
25-1495523-501c3Ministry$300,000
31-1356262-501c3Ministry$225,000
15-0543962-501c3Ministry$100,000
01-0485729-501c3Ministry$83,600
58-1605736-501c3Ministry$76,190
59-2400330-501c3Ministry$50,000
47-6022615-501c3Ministry$50,000
23-1365215-501c3Ministry$50,000
31-0536647-501c3Ministry$50,000
20-4619337-501c3Ministry$50,000
31-6025986-501c3Development$50,000
95-6006173-501c3Ministry$30,600
20-3144284-501c3Ministry$25,000
62-1845855-501c3Ministry$25,000
91-1659508-501c3Ministry$25,000
23-7229445-501c3Ministry$25,000
75-2001540-501c3Ministry$25,000
75-2446447-501c3Ministry$25,000
95-1831097-501c3Ministry$25,000
23-1352661-501c3Ministry$24,900
38-3570815-501c3Ministry$20,000
13-3200719-501c3Ministry$20,000
27-1197922-501c3Ministry$16,600
51-0184543-501c3Ministry$15,000
52-1206938-501c3Ministry$12,400
27-1751999-501c3Ministry$12,000
62-1845855-501c3Ministry$10,000
73-1258934-501c3Ministry$10,000
36-2167792-501c3Ministry$10,000
22-1936391-501c3Ministry$10,000
31-1655288-501c3Ministry$10,000
35-0992713-501c3Ministry$8,700
54-1059221-501c3Ministry$8,000
38-6091187-501c3Ministry$6,600
59-1759927-501c3Ministry$6,000
36-4353904-501c3Ministry$5,600
59-6045867-501c3Ministry$5,200
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons$12,782,203$12,921,134▲ $138,931
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

“Word of Life Fellowship Inc is the sole member of the foundation”

Form 990, Part VI, Section A, Line 7A

“Word of Life Fellowship Inc has the power to elect and remove the governing board.”

Form 990, Part VI, Section A, Line 7B

“Word of Life Fellowship Inc will have the following powers with respect to the Foundation (1) to elect and remove all directors of the foundation (2) to appoint the president of the Board of the Foundation (3) to select independent auditors, legal counsel and other major consultants for the foundation and (4) to approve the foundations investment policy, fundraising policy, gifts receipts policy and major agreements and annual budgets.”

Form 990, Part VI, Section B, Line 11B

“A copy of the 990 is provided to each board member before it is filed. It is reviewed at the next board meeting. In addition the CFO and Audit committee of Word of Life Fellowship Inc review the Form before it is filed with the IRS.”

Form 990, Part VI, Section B, Line 12C

“Each director is required to annually review and file signed declarations of compliance with the policy or state possible exceptions which are reviewed and approved or disallowed by the board. The conflict of interest policy prohibits a person with a conflict of interest from participating in discussion on a related issue and they must be excused from the meeting when voting.”

Form 990, Part VI, Section C, Line 19

“Word of Life Foundation Inc makes available to the public upon request our tax exemption determination letter, form 990, audited financial statements and articles of incorporation.”

Filing and Contact Details

Filer

EIN
45-2899583
Phone
5184946200

Signing Officer

Name
Bobby Brown
Title
Director Foundation
Phone
5184946205
Signed
2014-10-23

Organization Details

Principal Officer
Bobby Brown Director Foundation
Formed
2012
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
3
Employees
0
Volunteers
0
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

“The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of December 31, 2013, Word of Life had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.”

Schedule D, Part XI, Line 4B

“Interest income on notes receivable from related parties and realized gains/losses on sale of investments”

Raw XML AppendixShowing 400 of 836 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE FOUNDATION IS ORGANIZED AND IS OPERATED AS A TYPE 1 SUPPORTING ORGANIZATION FOR THE SUPPORT AND FURTHERANCE OF THE RELIGIOUS, CHARITABLE, AND EDUCATIONAL TAX-EXEMPT PURPOSES OF WORD OF LIFE FELLOWSHIP INC. THE FOUNDATION RECEIVES AND DISTRIBUTES FUNDS TO WORD OF LIFE FELLOWSHIP INC AND OTHER TAX EXEMPT ORGANIZATIONS WHO FURTHER THE PURPOSES OF WORD OF LIFE FELLOWSHIP INC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt028063739
IRS990/NetAssetsOrFundBalancesEOYAmt022879357
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-184488
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-184488
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08695
IRS990/NoncashContributionsAmt0203428
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Management fees
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt058521
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/TotalAmt058521
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt05767347
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt00
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0Bobby Brown Director Foundation
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt032450687
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt04886654
IRS990/PYInvestmentIncomeAmt0812173
IRS990/PYOtherExpensesAmt0156247
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt028219959
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt05042901
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt033262860
IRS990/QuidProQuoContributionsInd00
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt012782203
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt012921134
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-5193077
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990ScheduleA/CertificationInd0X
IRS990ScheduleA/Contribution35ControlledInd00
IRS990ScheduleA/ContributionControllerInd00
IRS990ScheduleA/ContributionFamilyInd00
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0WORD OF LIFE FOUNDATION INC IS ORGANIZED AND OPERATED TO SUPPORT WORD OF LIFE FELLOWSHIP INC AND OTHER PUBLIC CHARITIES WHOSE WORK FURTHERS WORD OF LIFE'S PURPOSES. PLEASE SEE SCHEDULE I FOR DETAILS ON DISTRIBUTIONS GIVEN TO OTHER PUBLIC CHARITIES WHO RECEIVED MORE THAN $5,000.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0Schedule A, Part I, Line 11
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0135648615
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeDesc0501c(3)
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt06038974
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine10Word of Life Fellowship Inc
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrgNotifiedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/USOrganizedInd01
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt06038974
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/ScheduleBRequiredInd01
IRS990ScheduleD/DisclosedForCharitablePrpsInd01
IRS990ScheduleD/DisclosedOrgLegCtrlInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/DonorAdvisedFundsContriAmt013479000
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt019119270
IRS990ScheduleD/DonorAdvisedFundsHeldCnt07
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt022880357
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt019275169
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/FundsAndOtherAccountsContriAmt00
IRS990ScheduleD/FundsAndOtherAccountsGrantsAmt00
IRS990ScheduleD/FundsAndOtherAccountsHeldCnt00
IRS990ScheduleD/FundsAndOtherAccountsVlEOYAmt00
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt00
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0385155
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0385155
IRS990ScheduleD/RevenueSubtotalAmt013696937
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The financial statement effects of a tax position taken or expected to be taken are recognized in the financial statements when it is more likely than not, based on the technical merits, that the position will be sustained upon examination. Interest and penalties, if any, are included in expenses in the statement of activities. As of December 31, 2013, Word of Life had no uncertain tax positions that qualify for recognition or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1INTEREST INCOME ON NOTES RECEIVABLE FROM RELATED PARTIES AND REALIZED GAINS/LOSSES ON SALE OF INVESTMENTS
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part XI, Line 4b
IRS990ScheduleD/TotalExpensesPerForm990Amt019275169
IRS990ScheduleD/TotalLiabilityAmt00
IRS990ScheduleD/TotalRevenuePerForm990Amt014082092
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013696937
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt019275169
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt05200
IRS990ScheduleI/RecipientTable/CashGrantAmt15600
IRS990ScheduleI/RecipientTable/CashGrantAmt26000
IRS990ScheduleI/RecipientTable/CashGrantAmt36600
IRS990ScheduleI/RecipientTable/CashGrantAmt48000
IRS990ScheduleI/RecipientTable/CashGrantAmt58700
IRS990ScheduleI/RecipientTable/CashGrantAmt610000
IRS990ScheduleI/RecipientTable/CashGrantAmt710000
IRS990ScheduleI/RecipientTable/CashGrantAmt810000
IRS990ScheduleI/RecipientTable/CashGrantAmt910000
IRS990ScheduleI/RecipientTable/CashGrantAmt1010000
IRS990ScheduleI/RecipientTable/CashGrantAmt1112000
IRS990ScheduleI/RecipientTable/CashGrantAmt1212400
IRS990ScheduleI/RecipientTable/CashGrantAmt1315000
IRS990ScheduleI/RecipientTable/CashGrantAmt1416600
IRS990ScheduleI/RecipientTable/CashGrantAmt1520000
IRS990ScheduleI/RecipientTable/CashGrantAmt1620000
IRS990ScheduleI/RecipientTable/CashGrantAmt1724900
IRS990ScheduleI/RecipientTable/CashGrantAmt1825000
IRS990ScheduleI/RecipientTable/CashGrantAmt1925000
IRS990ScheduleI/RecipientTable/CashGrantAmt2025000
IRS990ScheduleI/RecipientTable/CashGrantAmt2125000
IRS990ScheduleI/RecipientTable/CashGrantAmt2225000
IRS990ScheduleI/RecipientTable/CashGrantAmt2325000
IRS990ScheduleI/RecipientTable/CashGrantAmt2425000
IRS990ScheduleI/RecipientTable/CashGrantAmt2530600
IRS990ScheduleI/RecipientTable/CashGrantAmt2650000
IRS990ScheduleI/RecipientTable/CashGrantAmt2750000
IRS990ScheduleI/RecipientTable/CashGrantAmt2850000
IRS990ScheduleI/RecipientTable/CashGrantAmt2950000
IRS990ScheduleI/RecipientTable/CashGrantAmt3050000
IRS990ScheduleI/RecipientTable/CashGrantAmt3150000
IRS990ScheduleI/RecipientTable/CashGrantAmt3276190
IRS990ScheduleI/RecipientTable/CashGrantAmt3383600
IRS990ScheduleI/RecipientTable/CashGrantAmt34100000
IRS990ScheduleI/RecipientTable/CashGrantAmt35225000
IRS990ScheduleI/RecipientTable/CashGrantAmt36300000
IRS990ScheduleI/RecipientTable/CashGrantAmt37600000
IRS990ScheduleI/RecipientTable/CashGrantAmt386038974
IRS990ScheduleI/RecipientTable/CashGrantAmt3911000000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc1501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc2501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc3501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc4501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc5501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc6501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc7501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc8501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc9501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc10501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc11501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc12501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc13501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc14501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc15501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc16501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc17501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc18501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc19501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc20501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc21501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc22501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc23501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc24501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc25501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc26501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc27501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc28501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc29501c3
IRS990ScheduleI/RecipientTable/IRCSectionDesc30501c3

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,880,357
Liabilities
$1,000
Net assets
$22,879,357
Revenue
$14,082,092
Expenses
$19,275,169
Net income
-$5,193,077
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.8$0.00$25.8$11.3$14.1$2.81
2023Detailed filing. Detailed filing data is available for this year.$28.0$0.00$28.0$24.5$17.3$7.22
2022Detailed filing. Detailed filing data is available for this year.$19.7$0.00$19.7$11.9$20.1$8.18
2021Detailed filing. Detailed filing data is available for this year.$29.2$0.00$29.2$32.7$18.8$13.9
2020Detailed filing. Detailed filing data is available for this year.$15.0$0.00$15.0$24.1$29.9$5.87
2019Detailed filing. Detailed filing data is available for this year.$20.9$0.00$20.9$26.1$21.2$4.86
2018Detailed filing. Detailed filing data is available for this year.$15.9$0.00$15.9$14.7$10.5$4.24
2017Detailed filing. Detailed filing data is available for this year.$11.7$0.00$11.7$6.87$8.20$1.33
2016Detailed filing. Detailed filing data is available for this year.$13.1$0.00$13.1$3.70$13.2$9.49
2015Detailed filing. Detailed filing data is available for this year.$22.6$0.00$22.6$9.90$8.06$1.84
2014Detailed filing. Detailed filing data is available for this year.$21.0$0.28$20.7$4.70$6.89$2.19
2013Detailed filing. Detailed filing data is available for this year.$22.9$0.00$22.9$14.1$19.3$5.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.3$0.21$28.1$5.04