LIFE-TRAC FAMILY MINISTRIES Charity Report

Public IRS 990 nonprofit record

LIFE-TRAC FAMILY MINISTRIES

EIN 91-1438034 · Family Counseling

What they do

to ENHANCE MARRIAGE and FAMILY RELATIONSHIPS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $95.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

690.17%of revenue went to mission work95.6% of expenses · Program services

9.59%of revenue went to fundraising1.3% of expenses

$722.10spent for every $100 of revenueSpending was higher than revenue this year.

22.34%of revenue went to management and office costs3.1% of expenses

97.7%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $235,229 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $39,048 for GREG MCPHERSON (PRESIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$37,812

Mission workProgram services$260,967690.17% of revenue95.6% of expenses

ManagementOffice and general costs$8,44722.34% of revenue3.1% of expenses

FundraisingAsking for donations$3,6279.59% of revenue1.3% of expenses

Total expenses$273,041722.10% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 95.6% mission · 3.1% management · 1.3% fundraisingTotal expenses: 722.10% of revenue

2020Expense mix: 85.7% mission · 10.0% management · 4.3% fundraisingTotal expenses: 143.95% of revenue

2019Expense mix: 86.2% mission · 9.5% management · 4.3% fundraisingTotal expenses: 112.15% of revenue

2018Expense mix: 89.1% mission · 7.5% management · 3.5% fundraisingTotal expenses: 92.47% of revenue

2017Expense mix: 89.5% mission · 7.3% management · 3.3% fundraisingTotal expenses: 83.26% of revenue

2016Expense mix: 89.1% mission · 7.5% management · 3.4% fundraisingTotal expenses: 90.65% of revenue

Money in and money out

Revenue$37,812

Expenses$273,041

Annual shortfall $235,229 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$260,967 · 95.6% of expenses

Management and office costs$8,447 · 3.1% of expenses

Fundraising$3,627 · 1.3% of expenses

See all reported dollar amounts

Revenue$37,812

Expenses$273,041

Income$126,321

Contributions$36,925

Mission work (program services)$260,967

Fundraising$3,627

Grants given$189,888

Average grant$189,888

Management and general$8,447

Executive compensation (total)$125,955

Accounting fees$8,143

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

GREG MCPHERSONPRESIDENT · 40 hrs/week $39,048Base $27,131 · Other $11,917

CANDY MCPHERSONVICE PRESIDENT · 20 hrs/week $11,350

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

GREG MCPHERSONPRESIDENT

CANDY MCPHERSONVICE PRESIDENT

DAVID DEFINATREASURER (THRU 6/2021)

JULIE BALLARDBOARD MEMBER (THRU 6/2021)

ROBIN CAREYBOARD MEMBER (THRU 6/2021)

About this charity

Location: C0 GREG MCPHERSON PO BOX 242, MONITOR, WA 98836
County: Chelan
In care of: GREG MCPHERSON
Primary officer: GREG MCPHERSON, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(509) 782-3206

Filing and classification

Latest tax year: 2021
Tax period began: January 1, 2021
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
IRS tax category: Family Counseling
Grant-giving organization: Yes