Nonprofit · EIN 54-1631306
LIFE MINISTRIES FOR VENEZUELA
Tax-exempt · CORNELIUS, NC 28031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $85,691 | $159,354 | -$73,663 | $370,419 | $0 | $370,419 |
| December 31, 2024 | 990-EZ | $138,383 | $100,993 | $37,390 | $444,082 | $0 | $444,082 |
| December 31, 2023 | 990-EZ | $106,369 | $124,501 | -$18,132 | $406,692 | $0 | $406,692 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $85,691
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $159,354
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
Balance sheet and other
- Total assets, start of year
- $444,082
- Total assets, end of year
- $370,419
- Total liabilities, end of year
- $0
- Net assets, end of year
- $370,419
- Cash, savings and investments
- $370,419
- Gross receipts
- $85,691
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 |
|---|---|---|---|
| Daniel olson | President | 40 | $0 |
| Samuel olson | Vice president | 40 | $0 |
| Michelle sandridge | Treasurer | 10 | $0 |
| Marcel ponton | Director | 0 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel olson | President | 40 | $0 |
| Samuel Olson | Vice President | 40 | $0 |
| Michelle sandridge | Treasurer | 10 | $0 |
| Marcel ponton | Director | 0 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Daniel olson | President | 40 | $0 |
| Samuel olson | Vice president | 40 | $0 |
| Michelle sandridge | Treasurer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 8102 HOUSER ST, CORNELIUS, NC 28031-0527
- In care of
- % D OLSON
- Mailing address (990-N for 2018)
- ccs 11359 box 025323, miami FL 33102
- Principal officer (990-N for 2018)
- daniel dwight olson, ccs 11359 box 025323, miami Florida 33102, VE
- Signed the 990-EZ
- Daniel olson, 0
- Phone
- (000) 000-0000
Mission
Support chuch ministries and a seminary and a health center
Program accomplishments
- Lmv provided financial support for the ministries of the Las Acacias evangelical church of 5000 membersgrants $109,815
- Lmv provided financial support for the Evangelical Seminary of Caracas the largest such in the country with 270 studentsgrants $40,678
- Lmv provided financial support for the CBI which provides all medical needs in one of the poorest areas reaching thousands of patientsgrants $8,861
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-EZ on file |
IRS record
- EIN
- 54-1631306
- 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
- 1992
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q330)
- Assets (IRS master file)
- $370,419
- Income (IRS master file)
- $85,691
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $85,691 | $159,354 | $370,419 | XML |
| 990-EZ | December 2024 | $138,383 | $100,993 | $444,082 | XML |
| 990-EZ | December 2023 | $106,369 | $124,501 | $406,692 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-N for 2018 Officer: daniel dwight olson | December 31, 2018 | ≤ $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 54-1631306).
Questions about LIFE MINISTRIES FOR VENEZUELA
- What is the EIN of LIFE MINISTRIES FOR VENEZUELA?
- The employer identification number (EIN) of LIFE MINISTRIES FOR VENEZUELA is 54-1631306.
- Is LIFE MINISTRIES FOR VENEZUELA tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to LIFE MINISTRIES FOR VENEZUELA tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFE MINISTRIES FOR VENEZUELA 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 MINISTRIES FOR VENEZUELA 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 MINISTRIES FOR VENEZUELA last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who is the principal officer of LIFE MINISTRIES FOR VENEZUELA?
- The 990-N for 2018 names daniel dwight olson.
- Who are the officers and directors of LIFE MINISTRIES FOR VENEZUELA?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does LIFE MINISTRIES FOR VENEZUELA have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $85,691, expenses of $159,354 and total assets of $370,419 at year end.
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All nonprofits in CORNELIUS · North Carolina · International, foreign affairs and national security