2024-09-09T10:10:18-05:00 2023-10-31 390912608 HAWKINS ASH CPAS LLP 520 N BROADWAY SUITE 250 GREEN BAY WI 54303 990 2022-11-01 391372893 LIFE PROMOTIONS INC LIFE 9207385588 3000 N POINTER RD APPLETON WI 54911 VINCE GALLUCCI CEO 9207385588 2024-09-09 1 1 BRIANA PETERS CPA P01696400 9203369850 2024-07-15 2022 2024-08-08 14:25:15Z VINCE GALLUCCI 3000 N POINTER RD APPLETON WI 54911 4398976 0 X LIFEPROMOTIONS.ORG X 1980 WI LIFE PROMOTIONS, INC. IS A NON-DENOMINATIONAL YOUTH MINISTRY DEDICATED TO BUILDING BRIDGES TO YOUTH, BUILDING BRIDGES FROM YOUTH TO THE GOSPEL, AND BUILDING BRIDGES WITH CRHISTIANS AND CHURCHES THROUGH RELEVANT, RELATIONAL AND AUTHENTIC PROGRAMMING, EVENTS AND OPPORTUNITIES; ALL FOR THE PURPOSE OF INSTILLING AND SHARING HOPE IN CHRIST. 12 11 30 897 0 0 3722958 2152167 1740334 1860282 1935 29656 74297 183308 5539524 4225413 0 0 0 0 1350372 1358849 141968 5000 276550 4025393 2586792 5517733 3950641 21791 274772 2579515 2211547 2013477 1345170 566038 866377 X LIFE PROMOTIONS INSTILLS HOPE IN YOUTH ACROSS THE NATION BY PARTNERING WITH COMMUNITIES TO PROVIDE VALUE-BASED SCHOOL ASSEMBLY PROGRAMS WHICH FREE STUDENTS FROM DESTRUCTIVE CHOICES AND INFLUENCES. LIFE PROMOTIONS ALSO TEAMS UP WITH CHURCHES AND ORGANIZATIONS TO PROMOTE LIFE IN CHRIST AND PRESENT THE GOSPEL THROUGH FAITH-BASED EVENTS AND FESTIVALS. 0 0 2097572 1561756 LIFEST - PROVIDES WORSHIP, FELLOWSHIP AND TEACHING THROUGH A MULTI-DAY SUMMER MUSIC FESTIVAL. 546116 61190 LIFE-SPEAKING - PROVIDES VALUE-BASED PUBLIC SCHOOL ASSEMBLY PROGRAMS TO PROMOTE LIFE IN CHRIST AND PRESENT THE GOSPEL THROUGH FAITH-BASED EVENTS. 533051 227082 QUAKES - PROVIDES SERVICES ACROSS THE COUNTRY TO TEENS IN ORDER TO ESTABLISH THEIR FAITH, EMPOWER CHRISTIAN LIVING, AND LIVE A LIFE OF IMPACT AND LEADERSHIP. 14287 21524 REACH HOUSE - PROVIDES DISCIPLESHIP AND A MISSION TRAINING PROGRAM FOR YOUNG ADULTS FROM 18-26 YEARS OLD WHO DESIRE TO EXPLORE MINISTRY, CALLING, AND MISSIONS THROUGH AN INTERNSHIP WITH THE ORGANIZATION. 14287 21524 3191026 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 99 0 30 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 12 11 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 1 0 WI TN X VINCE GALLUCCI 9207385588 3000 N POINTER RD APPLETON WI 54911 ROBERT LENZ PRESIDENT 40.00 X X 166187 0 0 TERRY TIMM CHAIRPERSON 1.00 X X 0 0 0 JAY SCHUMERTH VICE CHAIR/SECRETARY 1.00 X X 0 0 0 BILL LICHTFUSS TREASURER 1.00 X X 0 0 0 PATRA MUELLER MEMBER 1.00 X 0 0 0 PAUL FEUCHT MEMBER 1.00 X 0 0 0 DAVE SCHARNHORST MEMBER 1.00 X 0 0 0 BRENT JOHNSON MEMBER 1.00 X 0 0 0 DAVE VAN LIESHOUT MEMBER 1.00 X 0 0 0 JOSHUA BUNKER MEMBER 1.00 X 0 0 0 GINNY OLSON MEMBER 1.00 X 0 0 0 TIM LEHMAN MEMBER 1.00 X 0 0 0 VINCE GALLUCCI CEO 40.00 X 70833 0 0 237020 0 0 1 0 1 0 0 48563 76362 2027242 77319 2152167 TICKET SALES AND REGIS 711300 1028221 1028221 EVENT INCOME 711300 770871 731364 39507 SPEAKING INCOME 713990 61190 61190 1860282 17283 17283 20168 7795 12373 12373 12373 77162 48563 35094 42068 42068 233510 130674 102836 102836 MISCELLANEOUS INVOME 900099 38404 38404 38404 4225413 1871552 0 201694 237021 154200 46042 36779 926316 605128 220198 100990 108402 89281 16025 3096 87110 59723 16627 10760 88521 88521 5000 5000 507 134 373 51724 43865 5079 2780 323353 263716 4024 55613 64675 53346 3475 7854 28887 21110 3636 4141 166197 145768 1687 18742 275 275 33502 17001 16501 182727 132207 23618 26902 41896 3793 37331 772 EVENT EXPENSES 1530000 1528550 1450 FOOD 74528 73063 167 1298 3950641 3191026 483065 276550 162575 251344 286002 41068 160000 7860 32358 59278 33314 35851 17488 2629756 1070026 1688518 1559730 17640 179431 258605 2579515 2211547 1003043 148684 607969 781783 252465 264703 150000 150000 2013477 1345170 X 323110 816419 242928 49958 566038 866377 2579515 2211547 X 274772 -1585 27152 X 0 1 X 0 0 X 1150949 1119491 3653211 3722958 2152167 11798776 1150949 1119491 3653211 3722958 2152167 11798776 962869 10835907 5084 1889 327 1935 17283 26518 11825294 0.91630 0.88520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65200 65200 1033085 135601 897484 1005537 528321 477216 525934 406104 119830 1559730 CASH SURRENDER VALUE OF LIFE INSURANCE 191618 INTERNATIONAL MONETARY SYSTEM FUND 29835 INVESTMENT IN LLC 37152 258605 ECONOMIC INJURY DISASTER LOAN 150000 150000 X 4667417 250669 25568 276237 4391180 -165767 -165767 4225413 4367078 250669 165768 416437 3950641 0 3950641 PART X, LINE 2: ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES - U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF OCTOBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGRESS FOR ANY TAX PERIOD. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. PART XI, LINE 2D - OTHER ADJUSTMENTS: CASH SURRENDER VALUE OF LIFE INSURANCE 27,153. CHANGE IN VALUE OF INVESTMENT IN LLC -1,585. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOOD SOLD -130,674. DIRECT SPECIAL EVENT EXPENSES -35,094. ROUNDING 1. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD 130,674. DIRECT SPECIAL EVENT EXPENSES 35,094. GOLF OUTING 125725 48563 77162 4737 20555 6755 3047 125725 48563 77162 4737 20555 6755 3047 35094 42068 X 0 0 0 0 0 0 0 0 0 ROBERT LENZ PRESIDENT 166187 0 0 0 0 0 0 0 0 0 166187 0 0 0 X 1 38737 FAIR MARKET VALUE X 23 13407 COST/SELLING PRICE X INTERNATIONAL MONETARY SYSTEM FUND 1 15000 FAIR MARKET VALUE X SUPPLIES 12 10175 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE PREPARED FORM 990 IS REVEIEWED BY THE ACCOUNTING COORDINATOR BEFORE THE RETURN IS FILED WITH THE IRS FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR'S SALARY IS REVIEWED AND APPROVED BY THE PRESIDENT. THE PRESIDENT'S SALARY IS REVIEWED AND APPROVED BY THE TREASURER FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MADE ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE ORGANIZATION DOES NOT HAVE A CONFLICT OF INTEREST POLICY. FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 27,152.