Civic Intelligence

The Lore Family Ministries Inc

EIN 86-2158525 • 501(c)3 • Portsmouth, OH

Profile

To share, preach, sing and teach the gospel, locally, regionally, nationally and abroad. To help develop believers, seek converts and worship our creator god. Evangelism and edification of believers is our aim. This could include assistance to other evangelistic ministries and to follow biblical principles to help the needy in furtherance of the gospel.

2329 Bonser RdPortsmouth, OH 45662

thelorefamilyministries.com

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

2.53x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

89th percentile

0.29x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

39th percentile

-3.1%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

96th percentile

$66,113

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 24.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

23rd percentile

-39%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

-20%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Down

$31,561

Down $20,082 (-39%) from 2023

Liabilities

Down

$79,791

Down $11,651 (-13%) from 2023

Net Assets

Down

-$48,230

Down $8,431 (-21%) from 2023

Revenue

Down

$271,675

Down $66,417 (-20%) from 2023

Expenses

Down

$280,106

Down $72,666 (-21%) from 2023

Net Income

Up

-$8,431

Up $6,249 (+43%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0-$50KAssets 2021: $59,728Liabilities 2021: $53,684Net Assets 2021: $6,0442021Assets 2022: $82,481Liabilities 2022: $107,600Net Assets 2022: -$25,1192022Assets 2023: $51,643Liabilities 2023: $91,442Net Assets 2023: -$39,7992023Assets 2024: $31,561Liabilities 2024: $79,791Net Assets 2024: -$48,2302024

Highlighted filing

2024

Assets$31,561
Liabilities$79,791
Net Assets-$48,230

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2021: $232,377Expenses 2021: $226,333Net Income 2021: $6,0442021Revenue 2022: $311,290Expenses 2022: $342,453Net Income 2022: -$31,1632022Revenue 2023: $338,092Expenses 2023: $352,772Net Income 2023: -$14,6802023Revenue 2024: $271,675Expenses 2024: $280,106Net Income 2024: -$8,4312024

Highlighted filing

2024

Revenue$271,675
Expenses$280,106
Net Income-$8,431

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 17, 2025
Return Version
2024v5.0
Gross Receipts
$271,675
Mission and Program Overview

Mission

To share, preach, sing and teach the gospel, locally, regionally, nationally and abroad. To help develop believers, seek converts and worship our creator god. Evangelism and edification of believers is our aim. This could include assistance to other evangelistic ministries and to follow biblical principles to help the needy in furtherance of the gospel.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors$48,479$48,479→ $0
Land, Buildings, and Equipment, Net$45,995$25,880▼ $20,115
Cash and Non-Interest-Bearing Accounts$5,648$5,681▲ $33
Total Assets$51,643$31,561▼ $20,082
Liabilities
Mortgage Notes Payable Secured by Investment Property$42,963$31,312▼ $11,651
Total Liabilities$91,442$79,791▼ $11,651
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-39,799$-48,230▼ $8,431
Total Net Assets Fund Balance$-39,799$-48,230▼ $8,431
Total Liabilities and Net Assets / Fund Balance$51,643$31,561▼ $20,082

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$25,880$164,036$189,916
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Darren W LorePresidentFT$66,113$66,113
Fayth D WhisnantSecretary/trPT$28,993$28,993

Board Members and Trustees

NameTitle
Brian BaerDirector
Calvin Ray EvansDirector
Timothy EldridgeDirector
Tommy BrownDirector
Darren S LoreVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$46,472
Program Service Revenue
$225,203
Investment Income
$0
Other Revenue
$0
All Other Contributions
$46,472
Change in Net Assets
$-8,431
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$142,991
Salaries, Compensation, and Employee Benefits$137,115
Total Fundraising Expense$17,115
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$76,086$9,510$9,510$95,106
Travel$39,262--$39,262
Other Salaries and Wages$29,754$3,720$3,720$37,194
Depreciation Depletion$20,114--$20,114
Office Expenses$11,646$1,455$1,455$14,556
Conferences and Meetings$9,411--$9,411
Insurance$5,846--$5,846
Payroll Taxes$3,852$482$481$4,815
Fees for Services Accounting-$4,325-$4,325
Interest$2,934--$2,934
Fees for Services Other$2,820--$2,820
Other Expenses$2,534--$2,534
Advertising--$1,924$1,924
All Other Expenses$200$274$25$499
Total Functional Expenses$243,225$19,766$17,115$280,106
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
Loans from Officers, Directors, Trustees, and Key Employees$48,479$48,479→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Darren w. Lore fayth d. Lore president treasurer daughter darren w lore darren s lore president v president son

Form 990, Page 6, Part VI, Line 11B

The officers and board members review the 990.

Form 990, Page 6, Part VI, Line 12C

All directors and officers review and acknowledge any conflicts of interests known on an annual basis.

Form 990, Page 6, Part VI, Line 15A

Independent board members reviews officers- and related party compensation and performance annually.

Form 990, Page 6, Part VI, Line 19

Governing documents disclosure explanation upon request.

Filing and Contact Details

Filer

Filer Name
The Lore Family Ministries Inc
EIN
86-2158525
Phone
7409351188
Address
2329 BONSER RD, PORTSMOUTH, OH 45662

Signing Officer

Name
Darren W Lore
Title
President
Phone
7409351188
Signed
2025-11-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Darren W Lore
Formed
2021
Legal Domicile
Oh
Voting Board Members
7
Independent Board Members
4
Employees
3

Preparer

Firm
Baldwin Cpas Pllc
Address
114 N MAIN CROSS ST, FLEMINGSBURG, KY 41041-1361
Preparer
Timothy S Eldridge
Phone
6068493431
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To share, preach, sing and teach the gospel, locally, regionally, nationally and abroad. To help develop believers, seek converts and worship our creator god. Evangelism and edification of believers is our aim. This could include assistance to other evangelistic ministries and to follow biblical principles to help the needy in furtherance of the gospel.

Form 990, Page 2, Part III, Line 4A

Conduct single or a series of evangelistic meetings, church services, singing events, revivals, and other outreach opportunities to spread the gospel of jesus christ to wherever he (christ) leads. Romans 10:13. Participated in various services while witnessing salvation experiences at various meetings with many others dedicating their lives to christ. Traveled to about 16 states and in addition to singing events, preached the gospel in multiple services. These meetings included revivals, camp meetings and dedicated conferences such as undivided family conference, real women retreat, true purpose girls conference, and the reset pastor/spouse retreat. Produce periodic newsletters and send to those that have indicated a desire to receive updates about the ministry. Support and promote similar faith based ministries in their mission.

Form 990, Part X

Part x line 22 loan from director as it relates to the loan disclosed on schedule l part ii item 1. When this 501(c)(3) was capitalized, darren w lore had 2 vehicles that were used previously in his schedule c "for profit" minsitry. These assets were an integral part of the ministry going forward and darren transferred (sold) the assets for the net tax basis amount of 53,684. This will be a no interest loan and will be repaid as cash flow allows.

Raw XML Appendix393 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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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0SEE ATTACHED NOTES ON SCHEDULE O
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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0LOAN FROM DARREN W LORE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO SHARE, PREACH, SING AND TEACH THE GOSPEL, LOCALLY, REGIONALLY, NATIONALLY AND ABROAD. TO HELP DEVELOP BELIEVERS, SEEK CONVERTS AND WORSHIP OUR CREATOR GOD. EVANGELISM AND EDIFICATION OF BELIEVERS IS OUR AIM. THIS COULD INCLUDE ASSISTANCE TO OTHER EVANGELISTIC MINISTRIES AND TO FOLLOW BIBLICAL PRINCIPLES TO HELP THE NEEDY IN FURTHERANCE OF THE GOSPEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONDUCT SINGLE OR A SERIES OF EVANGELISTIC MEETINGS, CHURCH SERVICES, SINGING EVENTS, REVIVALS, AND OTHER OUTREACH OPPORTUNITIES TO SPREAD THE GOSPEL OF JESUS CHRIST TO WHEREVER HE (CHRIST) LEADS. ROMANS 10:13. PARTICIPATED IN VARIOUS SERVICES WHILE WITNESSING SALVATION EXPERIENCES AT VARIOUS MEETINGS WITH MANY OTHERS DEDICATING THEIR LIVES TO CHRIST. TRAVELED TO ABOUT 16 STATES AND IN ADDITION TO SINGING EVENTS, PREACHED THE GOSPEL IN MULTIPLE SERVICES. THESE MEETINGS INCLUDED REVIVALS, CAMP MEETINGS AND DEDICATED CONFERENCES SUCH AS UNDIVIDED FAMILY CONFERENCE, REAL WOMEN RETREAT, TRUE PURPOSE GIRLS CONFERENCE, AND THE RESET PASTOR/SPOUSE RETREAT. PRODUCE PERIODIC NEWSLETTERS AND SEND TO THOSE THAT HAVE INDICATED A DESIRE TO RECEIVE UPDATES ABOUT THE MINISTRY. SUPPORT AND PROMOTE SIMILAR FAITH BASED MINISTRIES IN THEIR MISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DARREN W. LORE FAYTH D. LORE PRESIDENT TREASURER DAUGHTER DARREN W LORE DARREN S LORE PRESIDENT V PRESIDENT SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE OFFICERS AND BOARD MEMBERS REVIEW THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ALL DIRECTORS AND OFFICERS REVIEW AND ACKNOWLEDGE ANY CONFLICTS OF INTERESTS KNOWN ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5INDEPENDENT BOARD MEMBERS REVIEWS OFFICERS- AND RELATED PARTY COMPENSATION AND PERFORMANCE ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6GOVERNING DOCUMENTS DISCLOSURE EXPLANATION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PART X LINE 22 LOAN FROM DIRECTOR AS IT RELATES TO THE LOAN DISCLOSED ON SCHEDULE L PART II ITEM 1. WHEN THIS 501(C)(3) WAS CAPITALIZED, DARREN W LORE HAD 2 VEHICLES THAT WERE USED PREVIOUSLY IN HIS SCHEDULE C "FOR PROFIT" MINSITRY. THESE ASSETS WERE AN INTEGRAL PART OF THE MINISTRY GOING FORWARD AND DARREN TRANSFERRED (SOLD) THE ASSETS FOR THE NET TAX BASIS AMOUNT OF 53,684. THIS WILL BE A NO INTEREST LOAN AND WILL BE REPAID AS CASH FLOW ALLOWS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART X
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0DARREN W LORE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07409351188
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-11-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE LORE FAMILY MINISTRIES INC
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BALDWIN CPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0114 N MAIN CROSS ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FLEMINGSBURG
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0KY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0410411361
ReturnHeader/PreparerPersonGrp/PhoneNum06068493431
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TIMOTHY S ELDRIDGE
ReturnHeader/ReturnTs02025-11-17T17:04:42-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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