2021-06-30T17:44:49-05:00 2020-12-31 840636698 OSBORNE PARSONS & ROSACKER LLP 601 NORTH NEVADA AVENUE COLORADO SPRINGS CO 809031005 990 2020-01-01 840970592 LIFE NETWORK LIFE 7195912609 3700 GALLEY ROAD COLORADO SPRINGS CO 809094446 RICH BENNETT PRESIDENT 7195912609 2021-06-30 1 RICH BENNETT XXX-XX-XXXX MITCHELL DOWNS CPA P00831972 7196362321 X 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RICH BENNETT 3700 GALLEY ROAD COLORADO SPRINGS CO 809094446 3629764 0 X WWW.ELIFENETWORK.COM X 1984 CO PROVIDES SUPPORT AND MENTORING FOR PARENTS FACING UNEXPECTED PREGNANCIES AS WELL AS HEALTHY RELATIONSHIPS EDUCATION. 11 11 46 450 10711 0 2118528 3195672 645 5171 1588 821 23012 -2711 2143773 3198953 0 0 0 0 1084376 1385748 0 0 370581 764646 904467 1849022 2290215 294751 908738 1917846 2832838 804616 810870 1113230 2021968 PROVIDES SUPPORT AND MENTORING FOR WOMEN AND MEN FACING UNEXPECTED PREGNANCIES. 0 0 626056 CLIENT COUNSELING AND ASSISTANCE TO WOMEN IN NEED. LIFE NETWORK ADDRESSED THE NEEDS OF MORE THAN 7,000 CLIENTS AND RECEIVED APPROXIMATELY 13,300 VOLUNTEER HOURS IN 2020. 645874 5171 TEEN EDUCATION PROGRAMS: LIFE NETWORK REACHED AN ESTIMATED 5,000 STUDENTS WITH RELATIONSHIPS, HEALTHY SEXUALITY EDUCATION, AND SUICIDE PREVENTION MESSAGES. 166855 -12067 THE LIFE NETWORK FAMILY THRIFT STORE PROVIDES QUALITY AFFORDABLE GOODS TO OUR CLIENTS AND COMMUNITY MEMBERS AND BENEFITS THE MINISTRY OF LIFE NETWORK. 1438785 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 16 0 1 46 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X LIFE NETWORK CORPORATE OFFICE 7195912609 3700 GALLEY ROAD SUITE 100 COLORADO SPRINGS CO 80909 JAYDE DUNCAN CHAIRMAN 1.00 X X 0 0 0 DEREK HANSON VICE CHAIR 1.00 X X 0 0 0 TOM SISTARE TREASURER 1.00 X X 0 0 0 MAURA NORDBERG SECRETARY 1.00 X X 0 0 0 DEBBI RAYBURN DIRECTOR 1.00 X 0 0 0 ERIN SMALLEY DIRECTOR 1.00 X 0 0 0 LINDA GOULD DIRECTOR 1.00 X 0 0 0 BRENDA FULLERTON DIRECTOR 1.00 X 0 0 0 CINDY SCHAEFER DIRECTOR 1.00 X 0 0 0 LUKE GHEEN DIRECTOR 1.00 X 0 0 0 NANCY ELLIE HADDAD DIRECTOR 1.00 X 0 0 0 RICH BENNETT PRESIDENT/CEO 40.00 X 174098 0 5223 174098 0 5223 1 0 1 0 0 599853 369663 2226156 384412 3195672 PROGRAM SERVICE FEES 900099 5171 5171 5171 821 821 17400 0 17400 17400 10711 6689 121074 599853 121074 0 289626 309737 -20111 -12067 -8044 3198953 -6896 10711 -534 179321 112972 39451 26898 1053830 663913 231843 158074 11165 7034 2456 1675 56187 46073 4495 5619 85245 53704 18754 12787 128875 55162 28351 45362 37092 9273 742 27077 84132 12620 58892 12620 147337 98716 8840 39781 6613 4827 463 1323 10521 8206 1894 421 40419 40419 63362 56392 1901 5069 38408 1152 37256 SUPPLIES 121974 106117 10978 4879 EQUIPMENT AND MAINTENAN 69555 67468 1391 696 DEVELOPMENT AND PUBLIC 53822 14532 1076 38214 REMODELING EXPENSES 44485 32474 1335 10676 57872 47731 30731 -20590 2290215 1438785 480849 370581 859952 1778754 33405 54 109720 118588 12146 6637 1684148 813748 911028 870400 25000 25000 1917846 2832838 75425 114998 1650 726787 693129 2404 1093 804616 810870 X 1057360 1896188 55870 125780 1113230 2021968 1917846 2832838 908738 0 X X 0 1 X 1 0 X 1394569 1595712 1738110 2122816 3195671 10046878 1394569 1595712 1738110 2122816 3195671 10046878 384808 9662070 357 402 1217 1588 821 4385 1777 5517 7294 10058557 382246 0.96060 0.94330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 128196 128196 1303562 635883 667679 252390 177865 74525 870400 CAPITAL LEASE OBLIGATIONS 1093 1093 X 3332907 12880 121074 133954 3198953 0 3198953 2424169 12880 121074 133954 2290215 0 2290215 PART X, LINE 2: LIFE NETWORK'S FORMS 990 AND 990-T INFORMATION RETURNS ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE DATE THEY ARE FILED. AS OF DECEMBER 31, 2020, THE INFORMATION RETURNS FOR THE THREE PRIOR YEARS ARE CONSIDERED OPEN FOR INTERNAL REVENUE SERVICE EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH SPECIAL EVENT REVENUE PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES NETTED WITH SPECIAL EVENT REVENUE WALK 407718 371089 36629 6455 30174 GALA 313209 228764 84445 9826 20555 54064 720927 599853 121074 16281 20555 84238 121074 0 X X X 0 0 0 0 0 0 0 0 0 RICH BENNETT PRESIDENT/CEO 174098 0 0 0 0 0 0 0 5223 0 179321 0 0 0 X 384412 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY A THIRD PARTY. THE FINANCE COMMITTEE HAS BEEN AUTHORIZED BY THE GOVERNING BODY TO REVIEW AND APPROVE THE FORM 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE MEMBERS OF THE GOVERNING BODY ARE REQUIRED TO DISCLOSE ANY POSSIBLE CONFLICTS OF INTEREST. IN ADDITION TO SELF DISCLOSURE, THE GOVERNING BODY REVIEWS ALL MAJOR TRANSACTIONS FOR POSSIBLE CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 A COMMITTEE OF THE BOARD OF DIRECTORS IS RESPONSIBLE TO REVIEW DATA PRESENTED TO THEM BY THE FINANCIAL MANAGER, WHICH IS TAKEN FROM VARIOUS SALARY SURVEYS TO COMPARE COMPENSATION AND RESPONSIBILITIES. THE SURVEYS COME FROM CHRISTIAN MANAGEMENT ASSOCIATION, CARENET AND HEARTBEAT. THE COMMITTEE THEN MAKES A RECOMMENDATION FOR THE SALARY AMOUNT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS FOR RESPONSIBILITY AND OVERSIGHT OF THE AUDIT, REVIEW, OR COMPILATION OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR