Nonprofit · EIN 26-3394418
LIFE LANE
Tax-exempt · MT PROSPECT, IL 60056
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $67,273 | $90,082 | -$22,809 | $1,273 | – | $1,273 |
| December 31, 2024 | 990-EZ | $145,586 | $149,911 | -$4,325 | $24,082 | – | $24,082 |
| December 31, 2023 | 990 | $247,309 | $223,182 | $24,127 | $28,047 | $0 | $28,047 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $67,273
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $65,273
- Professional fees and payments to contractors
- $1,450
- Other expenses
- $23,359
- Program services (functional)
- $2,125
Balance sheet and other
- Total assets, start of year
- $24,082
- Total assets, end of year
- $1,273
- Total liabilities, end of year
- –
- Net assets, end of year
- $1,273
- Cash, savings and investments
- $1,273
- Gross receipts
- $67,273
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Kreamer | President | 3 | $0 |
| Karl Clauson | Executive Director | 20 | $0 |
| Phil Fogle | Director | 1 | $0 |
| Jeff Garness | Director | 1 | $0 |
| Nancy Gosewisch | Director | 1 | $0 |
| Mark Larson | Director | 1 | $0 |
| Marvin Smith | Director Treasurer | 1 | $0 |
990-EZ for the year ended December 31, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| John Kreamer | President | 3 | $0 |
| Karl Clauson | Executive Director | 20 | $0 |
| Phil Fogle | Director | 1 | $0 |
| Jeff Garness | Director | 1 | $0 |
| Nancy Gosewisch | Director | 1 | $0 |
| Mark Larson | Director | 1 | $0 |
| Marvin Smith | Director Treasurer | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Karl Clauson | Executive Director Trustee or director, Officer | 20 | $72,000 |
| John Kreamer | President Trustee or director, Officer | 3 | $0 |
| Phil Fogle | Director Trustee or director | 1 | $0 |
| Jess Garness | Director Trustee or director | 1 | $0 |
| Mark Larson | Director Trustee or director | 1 | $0 |
| Nancy Gosewisch | Director Trustee or director | 1 | $0 |
| Marvin Smith | Treasurer Director Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 119 S EMERSON ST, MT PROSPECT, IL 60056-3219
- In care of
- % AJIT CHRISTOPHER
- Signed the 990-EZ
- Ajit Christopher, Executive Pastor
Mission
To awaken a spiritual culture within the church that reaches the world. Speaking in churches and weekend experiences to ignite the church. Preaching Counseling Encouraging churches and pastors.
Program accomplishments
- Speaking in churchesExpenses $2,125
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 26-3394418
- 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
- 2009
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X20)
- Assets (IRS master file)
- $1,273
- Income (IRS master file)
- $67,273
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $67,273 | $90,082 | $1,273 | IRS |
| 990-EZ | December 2024 | $145,586 | $149,911 | $24,082 | IRS |
| 990 | December 2023 | $247,309 | $223,182 | $28,047 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
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 26-3394418).
Questions about LIFE LANE
- What is the EIN of LIFE LANE?
- The employer identification number (EIN) of LIFE LANE is 26-3394418.
- Is LIFE LANE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2009.
- Are donations to LIFE LANE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE LANE 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 LIFE LANE due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIFE LANE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of LIFE LANE?
- The 990-EZ for the year ended December 31, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does LIFE LANE have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $67,273, expenses of $90,082 and total assets of $1,273 at year end.
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