2024-11-14T10:00:27-06:00 2024-06-30 341310124 REA & ASSOCIATES INC 5400 FRANTZ RD SUITE 200 DUBLIN OH 43016 990 2023-07-01 454002535 LIFEWISE INC LIFE 6143501722 5375 GRACE ST HILLIARD OH 43026 STEVE CLIFTON COO/CFO/VP/SECRETARY 6143501722 2024-11-13 1 1 MELISSA DUNKLE CPA P01380769 6148898725 2024-11-13 2023 2024-10-15 13:58:12Z STEVE CLIFTON 5375 GRACE ST HILLIARD OH 43026 37728546 0 X WWW.LIFEWISE.ORG X 2012 OH WE ASSIST YOUTH, YOUTH ORGANIZATIONS, SCHOOLS, COMMUNITIES AND CHURCHES BY PROVIDING RELEASED TIME INSTRUCTION, SEMINARS, EDUCATIONAL MATERIALS, INSPIRATIONAL AND MOTIVATIONAL MATERIALS, BOOKS AND OTHER PROGRAMS TO HELP YOUTH REACH THEIR FULL POTENTIAL. 7 6 962 4000 0 0 13270526 33722992 513883 692977 48922 864231 14508 50506 13847839 35330706 0 0 0 0 5820540 10443794 0 0 1628444 3648744 7613863 9469284 18057657 4378555 17273049 7746203 24856848 94323 0 7651880 24856848 WE ASSIST YOUTH, YOUTH ORGANIZATIONS, SCHOOLS, COMMUNITIES AND CHURCHES BY PROVIDING RELEASED TIME INSTRUCTION, SEMINARS, EDUCATIONAL MATERIALS, INSPIRATIONAL AND MOTIVATIONAL MATERIALS, BOOKS AND OTHER PROGRAMS TO HELP YOUTH REACH THEIR FULL POTENTIAL. 0 0 1579439 702460 CONDUCTED HIGH SCHOOL AND MIDDLE SCHOOL ASSEMBLIES THROUGHOUT THE MIDWEST AND EASTERN US 7272945 CONDUCTED RELEASE TIME BIBLE EDUCATION IN SCHOOLS THROUGHOUT THE US 4966792 HELD OUTREACH EVENTS TO SHARE THE GOSPEL THROUGHOUT THE MIDWEST AND EASTERN US 13819176 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 54 0 1 962 1 0 0 0 0 0 0 0 0 0 0 X 7 6 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 OH X X STEVE CLIFTON 6143501722 5375 GRACE ST HILLIARD OH 43026 JOEL PENTON TERM JUNE 2024 CEO / PRESIDENT 60.00 X X 51824 0 60000 STEVE HUBBARD CHAIRMAN OF THE BOARD 2.00 X X 0 0 0 TIM STOLLER BOARD MEMBER 2.00 X 0 0 0 DAVE KIRKEY TREASURER 2.00 X X 0 0 0 JUSTIN KERSHAW BOARD MEMBER 2.00 X 0 0 0 BRAD HULLS BOARD MEMBER 2.00 X 0 0 0 JIM HOCKER TERM JUNE 2024 BOARD MEMBER 2.00 X 0 0 0 STEVE CLIFTON COO/ CFO / SECRETARY / VICE PRESIDENT 60.00 X 125932 0 57600 DEREK STEMEN VP OF ADVANCEMENT 60.00 X 113381 0 0 JEFFREY PETERSON VP OF OPERATIONS 60.00 X 101800 0 0 KURT SNEDECOR DIRECTOR OF STRATEGIC PARTNERSHIPS 60.00 X 100500 0 0 493437 0 117600 4 0 1 0 0 33722992 355823 33722992 PERFORMANCE FEES 900099 647528 647528 SPECIAL EVENTS 900099 45449 45449 692977 741140 741140 405 405 6006 0 6006 6006 6006 2345665 11500 2223532 10542 122133 958 123091 123091 198378 163766 34612 34612 MISCELLANEOUS 900099 9483 9483 9483 35330706 702460 0 905254 295356 244598 30593 20165 9085789 7524355 941110 620324 188076 155754 19481 12841 52638 43592 5452 3594 821935 680682 85136 56117 113696 81117 32579 40075 28592 11483 315364 224998 90366 549603 502569 47034 548950 391650 157300 448784 320186 128598 619557 304979 255321 59257 1121368 897094 224274 466632 233316 233316 6324 4512 1812 OPERATIONS 1814106 902674 279560 631872 CLASSROOMS 816408 816408 0 0 PERFORMANCE & TEACHING 426769 217652 209117 0 DUES & SUBSCRIPTIONS 213408 152257 61151 0 112819 92191 20628 18057657 13819176 2610037 1628444 5012844 8917972 3221948 776800 1461700 2445148 1271651 10688546 8 2805182 7746203 24856848 94323 0 94323 0 X 7651880 24856848 0 7651880 24856848 7746203 24856848 17273049 -66160 -1921 0 X X 0 1 X 1 0 X 1612246 1766841 6070163 13270526 33722993 56442769 1612246 1766841 6070163 13270526 33722993 56442769 500721 55942048 48922 741140 790062 57232831 1206859 0.97740 0.93110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39600 39600 321277 84195 237082 2861071 692605 2168466 2445148 CONSTRUCTION IN PROGRESS 2805182 2805182 X 36061243 -66160 634854 163764 732458 35328785 1921 1921 35330706 18856275 634854 163764 798618 18057657 0 18057657 PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. HOWEVER, CERTAIN BUSINESS ACTIVITIES OF THE ORGANIZATION MAY BE SUBJECT TO FEDERAL INCOME TAXES. SINCE THE ORGANIZATION DID NOT HAVE ANY SUCH ACTIVITIES FOR THE YEARS ENDED JUNE 30, 2024 AND 2023 NO PROVISION FOR FEDERAL, STATE, OR LOCAL INCOME TAXES WAS NECESSARY. THE ORGANIZATION IS REQUIRED TO EVALUATE THE LEVEL OF UNCERTAINTY RELATED TO WHETHER TAX POSITIONS TAKEN ON THE MODIFIED CASH BASIS OF REPORTING WILL BE SUSTAINED UPON EXAMINATION. ANY POSITIONS TAKEN THAT DO NOT MEET THE MORE-LIKELY-THAN-NOT THRESHOLD MUST BE QUANTIFIED AND RECORDED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING STATEMENT OF ASSETS, LIABILITIES AND CHANGES IN NET ASSETS- MODIFIED CASH BASIS ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. MANAGEMENT BELIEVES THAT NONE OF THE TAX POSITIONS TAKEN WOULD MATERIALLY IMPACT THE FINANCIAL STATEMENTS AND NO SUCH LIABILITIES HAVE BEEN RECORDED. PART XI, LINE 2D - OTHER ADJUSTMENTS: MERCHANDISE SALES 163,764. PART XII, LINE 2D - OTHER ADJUSTMENTS: MERCHANDISE SALES 163,764. X 1 1 X 0 0 0 0 0 0 0 0 0 STEVE CLIFTON COO/ CFO / SECRETARY / VICE PRESIDEN 125932 0 0 0 0 0 0 0 57600 0 183532 0 0 0 KIRKEY & CO INC CPAS BOARD MEMBER 7497 TAX & ACCOUNTING SERVICES 0 X 1544 DONOR REPORTED X 11 57696 BLUE BOOK VALUE X 2 1416 DONOR REPORTED X 1 1437 DONOR REPORTED X 5 5358 DONOR REPORTED X OTHER 46 46988 DONOR REPORTED 0 0 0 PART I, COLUMN (B): FOR THE 46 OTHER CATEGORIES, THERE WERE 20 AUCTION ITEMS DONATED FOR 9,732 VALUED BY DONOR REPORTED SUBMISSIONS, 3 FEES PAID ON BEHALF OF LIFEWISE FOR $4,122 BASED ON DONOR REPORTED VALUE, 5 OFFICE EQUIPMENT TYPES FOR $9,063 BASED ON DONOR REPORTED VALUE, 4 SERVICES AT $3,106 BASED ON DONOR REPORTED VALUE, AND 14 VEHICLE MAINTENANCE AND EQUIPMENT AT $20,963 BASED ON DONOR REPORTED VALUE FORM 990, PART 1, LINE 6 VOLUNTEERS ARE NEEDED TO WALK THE STUDENTS TO AND FROM THE SCHOOL AND ASSIST IN THE CLASSROOM AND HELP AS NEEDED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY A CPA FIRM. THE COMPLETED 990 IS THROROUGHLY REVIEWED BY THE PRESIDENT. A COPY IS MADE AVAILABLE TO EACH BOARD MEMBER FOR THEIR REVIEW. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DIVULGE ALL POTENTIAL CONFLICTS OF INTEREST IMMEDIATELY UPON BECOMING AWARE OF THE POSSIBILITY OF CONFLICT. FURTHER, EACH BOARD MEMBER IS REQUIRED TO CERTIFY ANNUALLY THAT NO CONFLICTS NOT PREVIOUSLY DIVULGED EXISTED AT ANY TIME DURING THE YEAR. THE PRESIDENT IS TASKED WITH MONITORING COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS INDEPENDENTLY ESTABLISH ALL COMPENSATION. IN DOING SO THEY EXERCISE DUE DILIGNECE TO ENSURE SUCH COMPENSATION IS REASONABLE IN THE CIRCUMSTANCES BY A) INVESTIGATING WHAT OTHER SIMILARLY SITUATED ENTITIES ARE PAYING B) BY REFERRING TO SURVEYS OF SIMILAR RELIGIOUS ORGANIZATIONS TO OBJECTIVELY DETERMIN THE VALUE OF SERVICES RENDERED C) BY CONSULTING WITH INDEPENDENT COMPENSATION CONSULTANTS, D) BY TAKING INTO ACCOUNT THE GENERAL ECONOMIC CONDITIONS AS WELL AS THE UNIQUE FINANCIAL CONDITION OF THIS ORGANIZATION AND E) BY DOCUMENTING IN WRITING BOTH THE DECISION-MAKING PROCESS AND ITS FINAL OUTCOME FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE BOARD MEMBERS AND OFFICERS OF THE CORPORATION BUT ARE NOT MADE AVAILABLE TO THE PUBLIC. REQUESTS FOR REVIEW OF THESE DOCUMENTS BY OUTSIDE PARTIES WOULD BE CONSIDERED ON A CASE-BY-CASE BASIS. FORM 990, PART XII, LINE 2C THE ORGANIZATION HAS NOT CHANGED ITS PROCESS FROM PRIOR YEARS.