2024-07-30T15:57:10-05:00 2023-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 2055 E WARNER RD STE 101 TEMPE AZ 85284 990 2023-01-01 860602592 LIFE TEEN INC LIFE 4042528815 6105 BLUE STONE RD STE B ATLANTA GA 30328 RANDY RAUS CEO 4042528815 2024-07-30 1 0 COLETTE KAMPS CPA P00367616 4808394900 2024-07-30 2023 2024-08-08 14:25:15Z RANDY RAUS 6105 BLUE STONE RD STE B ATLANTA GA 30328 15462164 0 X WWW.LIFETEEN.COM X 1987 AZ TO LEAD TEENS CLOSER TO CHRIST THROUGH A CATHOLIC MOVEMENT THAT SERVES THE CHURCH. 22 22 266 600 0 0 4514510 5066239 7995479 9187140 14768 150242 373241 -286682 12897998 14116939 126045 185159 0 0 4217620 4730853 0 0 781436 7841983 8376243 12185648 13292255 712350 824684 18376737 19244901 4115088 4107705 14261649 15137196 X LIFE TEEN IS A MISSIONARY YOUTH MOVEMENT WITHIN THE CATHOLIC CHURCH. WE BELIEVE THAT EUCHARIST-BASED MINISTRY HAS THE POWER TO TRANSFORM TEENS, TRANSFORM PARISHES, AND TRANSFORM CULTURE. OUR TOP PRIORITIES ARE RESOURCING AND (CONTINUED ON SCHEDULE O)CONTINUED FROM PAGE 1: SUPPORTING PARISH YOUTH MINISTRY, FORMING YOUNG ADULT MISSIONARIES, AND HOSTING EVENTS, CONFERENCES, AND SUMMER CAMPS. 0 0 4200765 185159 4226270 LIFE TEEN SUBSCRIPTIONS OFFER STRUCTURE TO PARISH YOUTH MINISTERS OF THE CATHOLIC CHURCH. LIFE TEEN GUIDES YOUTH MINISTERS TO USE CONTEMPORARY SPIRIT-FILLED MUSIC, DYNAMIC HOMILIES, AND ENGAGING LIFE NIGHTS TO EMPHASIZE THE EUCHARIST AND OUR BLESSED MOTHER MARY. IN 2023, LIFE TEEN ADDED A SOCIAL MEDIA POSITION WHICH KEEPS LIFE TEEN RELEVANT TO OUR DEMOGRAPHICS VIA MULTIMEDIA. LIFE TEEN ALSO OFFERS TRAINING AND SUPPORT THROUGH ITS ANNUAL NATIONAL CONFERENCES AND LOCAL ONE-ON-ONE SUPPORT THROUGH PARISH TRAININGS BY REGIONAL COORDINATORS AND AREA CONTACTS. LIFE TEEN SHOWED A 10% INCREASE IN LIFE SUPPORT SUBSCRIPTIONS AND HELD STEADY IN EDGE SUPPORT SUBSCRIPTIONS IN 2023. ALL OF THIS IS DONE FOR ONE PURPOSE: TO LEAD TEENS CLOSER TO CHRIST. WE BELIEVE THAT WHEN A TEENAGER ENCOUNTERS CHRIST THROUGH THE BEAUTY OF THE CATHOLIC FAITH, THEY WILL TRANSFORM THEIR PARISH, COMMUNITY, AND CULTURE. 4790186 4960870 LIFE TEEN CAMPS ARE DESIGNED TO PROVIDE A RETREAT/CAMP EXPERIENCE THAT 14,864 TEENS PARTICIPATED IN DURING 2023. LIFE TEEN CAMPS ARE A REFUGE, A SAFE PLACE FOR FUN AND FRIENDSHIP THAT GUIDES TEENS TO BUILD LASTING AND MEANINGFUL RELATIONSHIPS WITH EACH OTHER AND MOST IMPORTANTLY WITH JESUS CHRIST. LIFE TEEN OWNS THE LIFE PROPERTY AT CAMP COVECREST LOCATED IN TIGER, GEORGIA, AS WELL AS CAMP HIDDEN LAKE IN DAHLONEGA, GEORGIA. IN 2023, LIFE TEEN DEVELOPED A COLLABORATIVE RELATIONSHIP WITH A CAMP PROPERTY IN CALIFORNIA AND HOSTED TWO CAMP WEEKS OFFERING EXPERIENCES TO TEENS WHO OTHERWISE WOULD NOT KNOW THE POWER OF CHRIST. OVERALL, LIFE TEEN SUCCESSFULLY CONDUCTED 23 WEEKS OF SUMMER CAMPS AT 90% CAPACITY IN TWO STATES. 896118 LIFE TEEN MISSIONS ARE COMPRISED OF 28 FULL TIME MISSIONARIES AND 169 SUMMER MISSIONARIES IN VARIOUS LOCATIONS IN 2023. THERE ARE TWO MISSIONARY OUTREACH TEAMS AVAILABLE TO BE INVITED TO RUN A LIFE NIGHT FOR PARISHES WHO ARE NEW TO LIFE TEEN. IN ADDITION TO PRAYER, COMMUNITY ACTIVITIES AND MISSION WORK, THESE MISSIONARIES RECEIVE FORMATION CLASSES FOCUSED ON GOD'S LOVE, THE MISSIONARY HEART, PRAYER, EVANGELIZATION, THE HOLY SPIRIT, LIFE TEEN CORE VALUES, THEOLOGY OF THE BODY AND THE SACRAMENTS. 286077 415408 LIFE TEEN COMMUNICATIONS - LIFE TEEN USES THE LATEST IN TECHNOLOGY TO COMMUNICATE CHRIST'S LOVE TO TEENS. THE ORGANIZATION HAS ESTABLISHED ITS OWN PRODUCTION STUDIO, LIFE STUDIOS, WHICH ENABLES THE ORGANIZATION TO PRODUCE TRAINING AND INSPIRATIONAL VIDEOS. THE ORGANIZATION'SWEBSITE PROVIDES FURTHER OPPORTUNITIES TO SPREAD THIS MESSAGE OF CHRIST'S LOVE TO TEENS IN A NON-THREATENING ENVIRONMENT. 286077 415408 10173146 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 1 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 197 0 266 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 CA X THE ORGANIZATION 4042528815 6105 BLUE STONE RD STE B ATLANTA GA 30328 RANDY RAUS CEO 40.00 X 201451 0 17424 MARK HART CIO 40.00 X 163827 0 20683 STEVE ALLGEYER CAO 40.00 X 137709 0 18589 JASON BALL COO 40.00 X 134516 0 20097 RYAN PETRILLO VP OF MISSION PARTNER DEVELOPMENT 40.00 X 110284 0 14828 SERGIO GARCIA DIRECTOR OF PRODUCTION 40.00 X 103021 0 19581 CINDY MICELI DIRECTOR OF FINANCE 40.00 X 107825 0 19603 DAVID CALAVITTA CREATIVE DIRECTOR 40.00 X 106301 0 19581 JERRY MORGAN CHAIR 1.00 X X 0 0 0 JOE DOMAN VICE CHAIR 1.00 X X 0 0 0 TONY GRIFFITH SECRETARY/TREASURER 1.00 X X 0 0 0 RICK SHULTZ DIRECTOR 1.00 X 0 0 0 MEAGAN WILLIAMS DIRECTOR 1.00 X 0 0 0 DAVE SNIVELY DIRECTOR 1.00 X 0 0 0 LESA KEEVEN DIRECTOR 1.00 X 0 0 0 PAT FISCHER DIRECTOR 1.00 X 0 0 0 FR DAN BEEMAN DIRECTOR 1.00 X 0 0 0 JEFF BERGHOFF DIRECTOR 1.00 X 0 0 0 JEFF WOODBURY DIRECTOR 1.00 X 0 0 0 SCOTT CAMPBELL DIRECTOR 1.00 X 0 0 0 FRLOUIS MEROSNE DIRECTOR 1.00 X 0 0 0 FR BOB SCHREINER DIRECTOR 1.00 X 0 0 0 CHRISTINE BRASKI DIRECTOR 1.00 X 0 0 0 SR JOSEPHINE GARRETT DIRECTOR 1.00 X 0 0 0 HAPPY MAYER DIRECTOR 1.00 X 0 0 0 DWAYNE MILLER DIRECTOR 1.00 X 0 0 0 DONN MITCHELL DIRECTOR 1.00 X 0 0 0 FR JOHN MONTEJANO DIRECTOR 1.00 X 0 0 0 GINA MCDUFFIE DIRECTOR 1.00 X 0 0 0 AMY MONROE DIRECTOR 1.00 X 0 0 0 1064934 0 150386 8 0 1 0 SERVICE MASTER BY BAILEY 7770 CUMMING HWY CANTON GA 30115 CLEAN UP DUE TO FLOODING 296346 1 2588961 2477278 140051 5066239 CAMP FEES 624100 4960870 4960870 CONFERENCE FEES 624100 2543734 2543734 SUBSCRIPTIONS 624100 1682536 1682536 9187140 149929 149929 499 499 157363 157050 313 313 313 0 2588961 702589 -702589 -702589 745191 485586 259605 259605 MISCELLANEOUS INCOME 624100 155803 155803 155803 14116939 9602548 0 -551848 185159 185159 714297 115960 598337 3258022 2401236 520312 336474 21790 18402 3388 447868 356860 57965 33043 288876 190474 73792 24610 50420 50420 107842 107842 1070 1070 766774 508146 85178 173450 81793 81793 183900 139138 42429 2333 240020 120587 118469 964 682820 529664 127046 26110 619066 463787 121116 34163 1485438 1417238 46515 21685 39843 39843 590357 545406 44794 157 213416 14401 197848 1167 FOOD SUPPLIES 1653235 1606152 33499 13584 SUPPLIES 438867 404504 20273 14090 REPAIRS & MAINTENANCE 295586 289092 6494 BANK CHARGES 225430 158973 31230 35227 700366 586331 53044 60991 13292255 10173146 2337673 781436 3597187 5220140 133884 134043 3861449 3250400 12912 21865 262441 191285 283654 280690 15123970 6006725 9288403 9117245 199368 271170 0 76698 72337 665102 681365 18376737 19244901 294662 474519 2057817 2077067 1357294 1296205 405315 259914 4115088 4107705 X 10321288 10947988 3940361 4189208 14261649 15137196 18376737 19244901 824684 50863 0 X 0 1 X 1 0 X 3855427 5297427 6538515 4514510 5066239 25272118 3855427 5297427 6538515 4514510 5066239 25272118 1798700 23473418 8916 2802 6479 16613 150428 185238 44907 15735 68293 140141 155803 424879 25882235 35361464 0.90690 0.88950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 866706 866706 12448033 4505349 7942684 116135 103622 12513 1457261 1204434 252827 235835 193320 42515 9117245 OPERATING LEASE LIABILITIES 259914 259914 X 14901159 50863 31838 82701 14818458 1070 -702589 -701519 14116939 14025612 31838 702589 734427 13291185 1070 1070 13292255 PART X, LINE 2: THE ORGANIZATION RECOGNIZES UNCERTAIN TAX POSITIONS IN THE FINANCIAL STATEMENTS WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL NOT BE SUSTAINED UPON EXAMINATION OF THE TAX AUTHORITIES. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES -702,589. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT FUNDRAISING EVENT EXPENSES 702,589. PART X, LINE 2 UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THE ORGANIZATION IS EXEMPT FROM TAXES ON INCOME OTHER THAN UNRELATED BUSINESS INCOME. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2023. THE ORGANIZATION UTILIZES THE ACCOUNTING REQUIREMENTS ASSOCIATED WITH UNCERTAINTY IN INCOME TAXES USING THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ASC 740, INCOME TAXES. USING THAT GUIDANCE, TAX POSITIONS INITIALLY NEED TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS WHEN IT IS MORE-LIKELY-THAN-NOT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE TAX AUTHORITIES. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AS OF DECEMBER 31, 2023, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 4B COST OF GOODS SOLD: 485,586 PART XII, LINE 2D COST OF GOODS SOLD 485,586 CENTRAL AMERICA AND THE CARIBBEAN - 0 0 PROGRAM SERVICES - MISSIONARY PROGRAM ACTIVITIES AND TRAVEL EXPENSES MISSIONARY SERVICES TO SUPPORT HAITI MISSION 86030 SOUTHWESTEN EUROPE 0 0 PROGRAM SERVICES - PROGRAM ACTIVITIES AND TRAVEL EXPENSES PAYMENTS TO INDIVIDUALS IN SPAIN THAT ARE PAID FOR RUNNING THE BARCELONA EVENTS AND TRANSLATING OR PUBLICATIONS 36389 0 0 0 0 0 0 122419 0 122419 0 0 0 0 0 0 PRESIDENT'S GATHERING 2588961 2588961 216121 268681 217787 2588961 2588961 216121 268681 217787 702589 -702589 1 SCHOLARSHIPS 249 185159 PART I, LINE 2: LIFE TEEN'S MISSION IS TO LEAD MANY TEENS AND YOUTH MINISTERS CLOSER TO JESUS CHRIST BY HELPING THEM ATTEND A LIFE TEEN CONFERENCE, TRAINING EVENT OR CAMP. THIS IS ACHIEVED THROUGH VARIOUS SCHOLARSHIP FUNDS WHERE INDIVIDUAL SCHOLARSHIPS ARE AWARDED TO TEENS AND/OR YOUTH MINISTERS TO OFFSET ATTENDANCE FEES AND/OR EXPENSE TO THE EVENTS OR CAMPS. FOR ANY SCHOLARSHIP TO BE AWARDED, AN APPLICATION IS REQUIRED AND THE CRITERIA FOR DETERMINING THE AWARD IS BASED ON THE FOLLOWING: (A) WHETHER THE TEEN, YOUTH MINISTER OR PARISH HAS EVER ATTENDED OUR CAMPS OR EVENTS BEFORE, (B) WHETHER OR NOT A SCHOLARSHIP HAS BEEN AWARDED IN THE PAST, AND (C) BASED ON ANY NEED SPECIFICALLY EXPLAINED IN THE COMPLETED REGISTRATION FORM THAT MIGHT BE IN LINE WITH THE SCHOLARSHIP RESTRICTION. IN MOST CASES, THE PARISH SUBMITS AND ADMINISTERS THE APPLICATION PROCESS ON BEHALF OF THE TEEN OR YOUTH MINISTER. IN ADDITION TO TEENS AND YOUTH MINISTERS, LIFE TEEN AWARDS SCHOLARSHIPS TO PARISHES FOR PRIESTS TO ATTEND THEIR FIRST TRAINING CONFERENCE THROUGH LIFE TEEN'S SHEPHERD SCHOLARSHIP FUND. PART I, LINE 2 LIFE TEEN'S MISSION IS TO LEAD MANY TEENS AND YOUTH MINISTERS CLOSER TO JESUS CHRIST BY HELPING THEM ATTEND A LIFE TEEN CONFERENCE, TRAINING EVENT OR CAMP. THIS IS ACHIEVED THROUGH VARIOUS SCHOLARSHIP FUNDS WHERE INDIVIDUAL SCHOLARSHIPS ARE AWARDED TO TEENS AND/OR YOUTH MINISTERS TO OFFSET ATTENDANCE FEES AND/OR EXPENSE TO THE EVENTS OR CAMPS. FOR ANY SCHOLARSHIP TO BE AWARDED, AN APPLICATION IS REQUIRED AND THE CRITERIA FOR DETERMINING THE AWARD IS BASED ON THE FOLLOWING: (A) WHETHER THE TEEN, YOUTH MINISTER OR PARISH HAS EVER ATTENDED OUR CAMPS OR EVENTS BEFORE, (B) WHETHER OR NOT A SCHOLARSHIP HAS BEEN AWARDED IN THE PAST, AND (C) BASED ON ANY NEED SPECIFICALLY EXPLAINED IN THE COMPLETED REGISTRATION FORM THAT MIGHT BE IN LINE WITH THE SCHOLARSHIP RESTRICTION. IN MOST CASES, THE PARISH SUBMITS AND ADMINISTERS THE APPLICATION PROCESS ON BEHALF OF THE TEEN OR YOUTH MINISTER. IN ADDITION TO TEENS AND YOUTH MINSTERS, LIFE TEEN AWARDS SCHOLARSHIPS TO PARISHES FOR PRIESTS TO ATTEND THEIR FIRST TRAINING CONFERENCE THROUGH LIFE TEEN'S SHEPHERD SCHOLARSHIP FUND. X X 0 0 0 0 0 0 0 0 0 RANDY RAUS CEO 191451 0 10000 0 0 0 0 0 17424 0 218875 0 0 0 MARK HART CIO 156327 0 7500 0 0 0 3259 0 17424 0 184510 0 0 0 STEVE ALLGEYER CAO 130209 0 7500 0 0 0 1165 0 17424 0 156298 0 0 0 JASON BALL COO 127016 0 7500 0 0 0 2673 0 17424 0 154613 0 0 0 PART I, LINE 3 THE BOARD OF DIRECTORS REVIEWS AND APPROVES OFFICER COMPENSATION, RELYING ON A PERIODIC INDEPENDENT COMPARABILITY STUDY AND TAKING INTO CONSIDERATION ANNUAL COST OF LIVING ADJUSTMENTS, MERIT AND ORGANIZATION PERFORMANCE. X 7 140051 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTIONS IN PART I, COL. B REPRESENTS THE NUMBER OF DONORS WHO DONATED INVESTMENTS DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE CHAIR PRESENTS THE FORM 990 TO BOTH THE FINANCE COMMITTEE AND THE FULL BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY REQUIRES ALL INTERESTED PERSONS TO DISCLOSE THE EXISTENCE AND NATURE OF ANY CONFLICTS TO THE BOARD OF DIRECTORS. THE BOARD OF DIRECTORS REVIEWS AND DISCUSSES ANY CONFLICTS OF INTEREST AND DETERMINES A RESOLUTION. THE POLICY REQUIRES THAT ALL BOARD MEMBERS AND KEY EMPLOYEES SIGN A DISCLOSURE FORM WHEN THEY INITIALLY JOIN THE ORGANIZATION OR BOARD, TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST, OR TO DISCLOSE THAT THERE ARE NONE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE CEO, OFFICERS, AND KEY EMPLOYEES. PERIODICALLY, INDEPENDENT COMPARABILITY STUDIES ARE DONE. THE BOARD ALSO TAKES INTO CONSIDERATION ANNUAL COST OF LIVING ADJUSTMENTS, MERIT AND ORGANIZATION PERFORMANCE. THE BOARD APPROVES ALL COMPENSATION ARRANGEMENTS BASED ON RECOMMENDATIONS FROM MANAGEMENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.