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Nonprofit · EIN 85-3103043

GTS LIFE

Tax-exempt · MANSFIELD, TX 76063

Financials

$85K$80K2023$118K$110K2024
Revenue Expenses · by fiscal year end
Financials of GTS LIFE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$118,002$110,317$7,685$14,970$1,269$13,701
December 31, 2023990-EZ$84,645$79,860$4,785$6,132$116$6,016
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$117,502
Program service revenue
$500
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$52,495
Salaries, compensation and benefits (total)
$74,728
Professional fees and payments to contractors
$3,561
Printing, publications and postage
$326
Other expenses
$31,702
Program services (functional)
$72,767

Balance sheet and other

Total assets, start of year
$6,132
Total assets, end of year
$14,970
Total liabilities, end of year
$1,269
Net assets, end of year
$13,701
Cash, savings and investments
$6,035
Gross receipts
$118,002

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Caleb ElrodFounder & CEO50$52,495
Titus RobisonPresident0.87$0
Phil SikesSecretary/Treasurer0.24$0
David BellDirector0.1$0
Steve ThorntonDirector0.27$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
Caleb ElrodFounder & CEO50$24,854
Titus RobisonPresident0.98$0
Phil SikesSecretary/Treasurer0.22$0
David BellDirector0.1$0
Steve ThorntonDirector0.31$0
Natasha KluttsDirector0.17$0

Address and contacts

Address (IRS master file)
PO BOX 1858, MANSFIELD, TX 76063-0017
In care of
% MICHAEL CALEB ELROD
Mailing address (990-N for 2021)
1200 Concho Trail, Mansfield TX 76063
Principal officer (990-N for 2021)
Caleb Elrod, 1200 Concho Trail, Mansfield TX 76063
Signed the 990-EZ
Caleb Elrod, Founder & CEO
Phone
(972) 765-6738
Return prepared by
Kathrine E Brugger

Mission

GTS Life comes alongside groups and churches to equip, empower,and mobilize them to grow in their spiritual gifts, thrive in their God-given purpose, and serve others well so the Kingdom of God will flourish.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • GTS Life brought positive impact and spiritual growth in thelives of many by offering many resources, events, and coachingthroughout the year. Please see Schedule O for additional accomplishments.
    Expenses $72,767

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
85-3103043
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X02)
Assets (IRS master file)
$14,970
Income (IRS master file)
$118,002

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$118,002$110,317$14,970XML
990-EZDecember 2023$84,645$79,860$6,132XML
990-EZDecember 2022–––IRS
990-N for 2021
Officer: Caleb Elrod
December 31, 2021≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 85-3103043).

Questions about GTS LIFE

What is the EIN of GTS LIFE?
The employer identification number (EIN) of GTS LIFE is 85-3103043.
Is GTS LIFE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to GTS LIFE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GTS LIFE file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GTS LIFE due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GTS LIFE last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of GTS LIFE?
The 990-N for 2021 names Caleb Elrod.
Who are the officers and directors of GTS LIFE?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $52,495 (Caleb Elrod, Founder & CEO).
How much revenue does GTS LIFE have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $118,002, expenses of $110,317 and total assets of $14,970 at year end.

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