2023-08-17T10:19:55-05:00 2022-10-31 390912608 HAWKINS ASH CPAS LLP 520 N BROADWAY SUITE 250 GREEN BAY WI 54303 990 2021-11-01 391372893 LIFE PROMOTIONS INC LIFE 9207385588 3000 N POINTER RD APPLETON WI 54911 VINCE GALLUCCI CEO 9207385588 2023-08-11 1 VINCE GALLUCCI 999009999 BRIANA L PETERS P01696400 9203369850 2023-08-11 0 AAL1 IAL1 2021 2023-04-26 12:10:37Z VINCE GALLUCCI 3000 N POINTER RD APPLETON WI 54911 5733328 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 30 606 500 0 3653211 3722958 1908430 1740334 1727 1935 39985 74297 5603353 5539524 0 0 0 0 1453297 1350372 0 141968 481410 3916409 4025393 5369706 5517733 233647 21791 2405715 2579515 1886440 2013477 519275 566038 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 3879280 1403342 LIFEST - PROVIDES WORSHIP, FELLOWSHIP AND TEACHING THROUGH A MULTI-DAY SUMMER MUSIC FESTIVAL. 305045 117534 LIFE-SPEAKING - PROVIDES VALUE-BASED PUBLIC SCHOOL ASSEMBLY PROGRAMS TO PROMOTE LIFE IN CHRIST AND PRESENT THE GOSPEL THROUGH FAITH-BASED EVENTS. 272182 171717 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. 61019 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. 61019 4517526 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 98 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 125389 0 22363 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 STEVE JONES LEFT FEBRUARY 2022 MEMBER 1.00 X 0 0 0 STEVEN OVENS LEFT SEPTEMBER 2022 CEO 40.00 X 97930 0 0 VINCE GALLUCCI CEO 40.00 X 0 0 0 223319 0 22363 1 1 0 0 0 31640 954593 2736725 165516 3722958 TICKET SALES AND REGIS 711310 896552 896552 EVENT INCOME 711310 727210 679469 47741 SPEAKING INCOME 711510 116572 116572 1740334 1935 1935 48968 31640 58272 -9304 -9304 218633 135532 83101 83101 ADVERTISING 514800 500 500 500 5539524 1692593 500 123473 223318 129690 63654 29974 988245 666874 130714 190657 112430 78313 13148 20969 97363 64114 15572 17677 13092 13092 70984 70984 184077 121531 29294 33252 213987 213987 340123 219399 109604 11120 45297 29828 7245 8224 105608 94465 5219 5924 241896 163525 40214 38157 20547 1137 9091 10319 13695 13695 189465 124764 30303 34398 39085 6405 30914 1766 EVENT EXPENSES 2524386 2524386 FOOD 94135 79108 7038 7989 5517733 4517526 518797 481410 1415 162575 193495 286002 291435 160000 1500 7860 50236 59278 29316 35851 2652367 963849 1698824 1688518 139494 179431 2405715 2579515 447497 1003043 510903 607969 310227 252465 617813 150000 1886440 2013477 X 419809 323110 99466 242928 519275 566038 2405715 2579515 X 21791 24972 X 0 1 X 0 0 X 1451586 1150949 1119491 3653211 3722958 11098195 1451586 1150949 1119491 3653211 3722958 11098195 1259833 9838362 6361 5084 1889 327 1935 15596 11113791 0.88520 0.82680 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 65200 65200 1033085 86635 946450 1005537 427253 578284 548545 449961 98584 1688518 CASH SURRENDER VALUE OF LIFE INSURANCE 164466 INTERNATIONAL MONETARY SYSTEM FUND 14965 179431 ECONOMIC INJURY DISASTER LOAN 150000 150000 X 6278538 520238 24972 545210 5733328 -193804 -193804 5539524 6231775 520238 193804 714042 5517733 0 5517733 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, 2022 AND 2021, 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 PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOOD SOLD DIRECT SPECIAL EVENT EXPENSES PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOOD SOLD DIRECT SPECIAL EVENT EXPENSES 0 DAVE FRIEDERS 3000 N POINTER RD APPLETON WI 54911 CORPORATE DEVELOPMENT COORDINATOR FOR LIFEST 0 337747 60000 277747 337747 60000 277747 WI TN GOLF OUTING 80608 31640 48968 6500 16590 6046 29136 80608 31640 48968 6500 16590 6046 29136 58272 -9304 X X 0 1 X 0 0 0 0 0 0 0 0 0 STEVEN OVENS LEFT SEPTEMBER 2022 CEO 97930 0 0 0 0 0 0 0 0 0 97930 0 0 0 PART I, LINE 1A FOR CERTAIN TRIPS, LIFE PROMOTIONS PROVIDES TRAVEL FOR STEVEN OVENS' COMPANIONS. STEVEN OVENS IS PROVIDED WITH A DISCRETIONARY SPENDING ACCOUNT TO USE AS NEEDED THROUGHOUT THE YEAR. THESE BENEFITS ARE NOT INCLUDED AS TAXABLE COMPENSATION. THESE BENEFITS WERE DETERMINED THROUGH AN INFORMAL PROCESS. PART I, LINE 1B FOR CERTAIN TRIPS, LIFE PROMOTIONS PROVIDES TRAVEL FOR COMPANIONS. STEVEN OVENS IS PROVIDED WITH A DISCRETIONARY SPENDING ACCOUNT TO USE AS NEEDED THROUGHOUT THE YEAR. THERE IS NO FORMAL POLICY REGARDING COMPANION TRAVEL OR DISCRETIONARY SPENDING BUT ALL AMOUNTS ARE SUBSTANTIATED AND INCLUDED IN THE BOOKS AND RECORDS OF LIFE PROMOTIONS. FORM 990, PART VII, LINE 3 STEVEN OVENS RESIGNED HIS POSITION AS CEO IN SEPTEMBER OF 2022. X 23 3870 COST/SELLING PRICE X BUILDING IMPROVEMENTS 2 114762 FAIR MARKET VALUE X SUPPLIES 12 31784 FAIR MARKET VALUE X INTERNATIONAL MONETARY SYSTEM FUND 1 15100 FAIR MARKET VALUE 0 0 1 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS IN COLUMN (B). PART I, LINE 32B: DAVE FRIEDER WAS HIRED TO SOLICIT NON-CASH SPONSORSHIPS FOR THE LIFEST MUSIC CITY EVENT 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 24,972.