Lifetouch Ministries Inc

Lifetouch Ministries Inc shows stable finances with no officer compensation and growing assets.

EIN: 202747712 · Winona Lake, IN · NTEE: X21 · Updated: 2026-03-28

$427KRevenue
$79KAssets
85/100Mission Score (Excellent)
X21
Lifetouch Ministries Inc Financial Summary
MetricValue
Total Revenue$427K
Total Expenses$366K
Program Spending85%
Net Assets$97K
Transparency Score85/100

Search Intent Cockpit

Lifetouch Ministries Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals

Lifetouch Ministries Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Lifetouch Ministries Inc in one place.

Form 990 Filing Summary

13 filing years are available, with latest revenue of $422K and expenses of $366K.

Revenue and Expenses

Lifetouch Ministries Inc reported $422K in revenue and $366K in expenses, a surplus of $56K.

Executive Compensation

Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.

Charity Score and Red Flags

85/100 mission score, 0 red flags, and 5 strengths are shown from structured and AI review.

Is Lifetouch Ministries Inc Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

IRS 990 Data Cockpit

Where the Money Comes From and Where It Goes

PendingDonor/Grant Funding
85%Program Expense
$0Grants Paid
13Stored Filing Years

Revenue Source Mix

Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.

Expense Deployment

Lifetouch Ministries Inc Expense Deployment
Program services$311K (85%)

Across stored filings, Lifetouch Ministries Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.

Decision Cockpit

One-Stop Donor, Research, and Peer Context Hub

Lifetouch Ministries Inc Donor Decision Matrix
Decision LensSignalWhat to Inspect Next
LegitimacyAppears LegitimateGood filing record; no red flags identified
Mission spend85% to programsExcellent
Financial durabilityGrade A13 stored filing years
Peer contextCompare with Sigma Kappa SororityIndiana and Religion context

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Lifetouch Ministries Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Lifetouch Ministries Inc

Lifetouch Ministries Inc (EIN: 202747712) is a nonprofit organization based in Winona Lake, IN, classified under NTEE code X21. The organization reported total revenue of $427K and total assets of $79K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lifetouch Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

20Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Lifetouch Ministries Inc is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$422K
Total Expenses$366K
Surplus / Deficit+$56K
Total Assets$102K
Total Liabilities$5K
Net Assets$97K
Operating Margin13.4%
Debt-to-Asset Ratio4.7%
Months of Reserves3.3 months

Financial Health Grade: A

In 2023, Lifetouch Ministries Inc reported a surplus of $56K with revenue exceeding expenses, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 4.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Lifetouch Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-8.1%-10.6%+78.7%
2022+11.0%-11.8%+287.2%
2021-4.0%+0.9%-65.4%
2020+27.4%+49.9%-19.6%
2019+39.5%+30.2%+175.2%

IRS Tax-Exempt Classification

IRS Classification Codes7000
IRS Ruling Date2006

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Lifetouch Ministries Inc demonstrates consistent financial activity, with revenues fluctuating around the $400,000 mark in recent years, reaching $422,204 in 2023. The organization generally operates with a lean financial profile, as evidenced by its relatively low asset base of $101,536 in 2023 compared to its annual revenue. While the provided data does not detail the specific breakdown of program, administrative, and fundraising expenses, the consistent reporting of expenses relative to revenue suggests a stable operational model. The organization's consistent reporting of 0% officer compensation across all available filings indicates a commitment to minimizing overhead in this area, which is a positive sign for donor confidence. However, without a detailed functional expense breakdown, it is challenging to fully assess spending efficiency beyond the lack of executive compensation. The organization's financial health appears stable, with a positive net income in 2023 ($422,204 revenue vs. $365,799 expenses) and a growing asset base from $14,678 in 2021 to $101,536 in 2023. This trend suggests improved financial management and accumulation of reserves. The low liabilities, such as $4,733 in 2023, further indicate a healthy balance sheet. Transparency is generally good through its consistent IRS 990 filings, but a more detailed breakdown of expenses would enhance understanding of its operational efficiency and program focus.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Lifetouch Ministries Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Lifetouch Ministries Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$422KTotal Revenue
$366KTotal Expenses
$102KTotal Assets
$5KTotal Liabilities
$97KNet Assets
  • The organization reported a surplus of $56K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 4.7%.

Executive Compensation Analysis

Lifetouch Ministries Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers. This suggests a volunteer-led or extremely lean leadership structure, which can be a significant strength for a nonprofit of its size, allowing more funds to be directed towards its mission.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Lifetouch Ministries Inc:

  • Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
  • Positive net income in recent years, such as $56,405 in 2023 ($422,204 revenue - $365,799 expenses).
  • Significant growth in assets from $14,678 in 2021 to $101,536 in 2023, improving financial reserves.
  • Low liabilities, with $4,733 in 2023, suggesting good financial management and minimal debt.
  • Stable revenue generation, consistently around $400,000 in recent periods.

Frequently Asked Questions about Lifetouch Ministries Inc

Is Lifetouch Ministries Inc a legitimate charity?

Lifetouch Ministries Inc (EIN: 202747712) is a registered tax-exempt nonprofit based in Indiana. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $427K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does Lifetouch Ministries Inc spend its money?

Lifetouch Ministries Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Lifetouch Ministries Inc tax-deductible?

Lifetouch Ministries Inc is registered as a tax-exempt nonprofit (EIN: 202747712). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Lifetouch Ministries Inc's spending goes to programs?

Lifetouch Ministries Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Lifetouch Ministries Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Lifetouch Ministries Inc is above average for NTEE category X21 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Lifetouch Ministries Inc located?

Lifetouch Ministries Inc is headquartered in Winona Lake, Indiana and files with the IRS under EIN 202747712. It is classified under NTEE code X21.

How many years of IRS 990 filings does Lifetouch Ministries Inc have?

Lifetouch Ministries Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $427K in total revenue.

Is Lifetouch Ministries Inc financially stable?

Yes, the organization appears financially stable. In 2023, it reported revenues of $422,204 against expenses of $365,799, resulting in a surplus. Its assets have also grown significantly from $14,678 in 2021 to $101,536 in 2023, while liabilities remain low at $4,733 in 2023.

Does Lifetouch Ministries Inc pay its executives?

No, based on the provided IRS 990 data, Lifetouch Ministries Inc consistently reports 0% officer compensation across all available filing periods, including the latest in 2023.

How has Lifetouch Ministries Inc's asset base changed over time?

Lifetouch Ministries Inc's asset base has shown significant growth in recent years, increasing from $14,678 in 2021 to $56,830 in 2022, and further to $101,536 in 2023. This indicates a positive trend in accumulating financial resources.

Filing History

IRS 990 filing history for Lifetouch Ministries Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Lifetouch Ministries Inc's revenue has grown by 181.7%, moving from $150K to $422K. Total assets increased by 786.9% over the same period, from $11K to $102K. Total functional expenses rose by 110.6%, from $174K to $366K. In its most recent filing year (2023), Lifetouch Ministries Inc reported a surplus of $56K, with revenue exceeding expenses. The organization holds $5K in liabilities against $102K in assets (debt-to-asset ratio: 4.7%), resulting in net assets of $97K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $422K $366K $102K $5K
2022 $460K $409K $57K $16K View 990
2021 $414K $464K $15K $25K View 990
2020 $431K $460K $42K $2K View 990
2019 $339K $307K $53K $4K View 990
2018 $243K $236K $19K $2K View 990
2017 $215K $216K $15K $5K View 990
2016 $189K $188K $15K $3K View 990
2015 $178K $181K $17K $7K View 990
2014 $191K $210K $17K $3K View 990
2013 $218K $197K $36K $3K View 990
2012 $167K $163K $18K $6K View 990
2011 $150K $174K $11K $3K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $422K, expenses of $366K, and assets of $102K (revenue -8.1% year-over-year).
  • 2022: Revenue of $460K, expenses of $409K, and assets of $57K (revenue +11.0% year-over-year).
  • 2021: Revenue of $414K, expenses of $464K, and assets of $15K (revenue -4.0% year-over-year).
  • 2020: Revenue of $431K, expenses of $460K, and assets of $42K (revenue +27.4% year-over-year).
  • 2019: Revenue of $339K, expenses of $307K, and assets of $53K (revenue +39.5% year-over-year).
  • 2018: Revenue of $243K, expenses of $236K, and assets of $19K (revenue +13.1% year-over-year).
  • 2017: Revenue of $215K, expenses of $216K, and assets of $15K (revenue +13.7% year-over-year).
  • 2016: Revenue of $189K, expenses of $188K, and assets of $15K (revenue +6.3% year-over-year).
  • 2015: Revenue of $178K, expenses of $181K, and assets of $17K (revenue -6.8% year-over-year).
  • 2014: Revenue of $191K, expenses of $210K, and assets of $17K (revenue -12.6% year-over-year).
  • 2013: Revenue of $218K, expenses of $197K, and assets of $36K (revenue +30.8% year-over-year).
  • 2012: Revenue of $167K, expenses of $163K, and assets of $18K (revenue +11.3% year-over-year).
  • 2011: Revenue of $150K, expenses of $174K, and assets of $11K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Lifetouch Ministries Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Lifetouch Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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