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Nonprofit · EIN 58-1730035

LOVE WORTH FINDING MINISTRIES INC

Tax-exempt · GERMANTOWN, TN 38183

Financials

$6.8M$7.6M2022$6.5M$7.1M2023$6M$6.1M2024
Revenue Expenses · by fiscal year end
Financials of LOVE WORTH FINDING MINISTRIES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,981,264$6,120,024-$138,760$2,406,821$805,746$1,601,075
June 30, 2024990$6,458,471$7,063,800-$605,329$2,554,735$814,900$1,739,835
June 30, 2023990$6,760,882$7,598,235-$837,353$2,962,828$617,664$2,345,164
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$5,911,453
Program service revenue
$0
Investment income
$148
Net income from sales of inventory
$44,936
Other revenue
$69,663

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$412,375
Other salaries and wages
$1,346,571
Salaries, compensation and benefits (total)
$2,218,621
Professional fundraising fees
$312,486
Accounting fees
$56,816
Occupancy
$4,076
Travel
$10,951
Depreciation
$143,587
Program services (functional)
$4,525,730
Management and general (functional)
$818,368
Fundraising (functional)
$775,926

Balance sheet and other

Total assets, start of year
$2,554,735
Total assets, end of year
$2,406,821
Total liabilities, end of year
$805,746
Net assets, end of year
$1,601,075
Land, buildings and equipment
$1,337,432
Net assets without donor restrictions
$1,601,075
Gross receipts
$6,243,320
Employees
30
Volunteers
17
Year formed
1987
State of legal domicile
TN

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
REV CARY E VAUGHNCEO
Officer
40$142,312$26,859
BOBBY LEWISEXEC. VP OPERATIONS
Officer
40$111,149$21,543
SUSAN CRANFORDDIRECTOR OF FINANCE & DEVE
Officer
40$90,260$20,251
GREG ADDISONCHAIRMAN
Trustee or director, Officer
1$0$0
WILLIAM M AMICK JRVICE CHAIRMAN
Trustee or director, Officer
1$0$0
REV BOB SORRELLPAST CHAIRMAN
Trustee or director, Officer
1$0$0
JEFF PEARSONTREASURER
Trustee or director, Officer
1$0$0
CATHY ALLENDIRECTOR
Trustee or director
1$0$0
JUDGE LYNN COBBDIRECTOR
Trustee or director
1$0$0
JOHN E CROCKETTDIRECTOR
Trustee or director
1$0$0
SUSAN DUPREEEDIRECTOR
Trustee or director
1$0$0
CHARLES ENNISDIRECTOR
Trustee or director
1$0$0
REV ROLAND MADDOXDIRECTOR
Trustee or director
1$0$0
JACK MATHISDIRECTOR
Trustee or director
1$0$0
CHARLES R MCDANIELDIRECTOR
Trustee or director
1$0$0
2 more people on this return
NameTitleHours / weekCompensation
DAVID BRITTON PEELDIRECTOR
Trustee or director
1$0
JOYCE ROGERSDIRECTOR
Trustee or director
1$0
990 for the year ended June 30, 2024: 17 people
NameTitleHours / weekCompensationOther / benefits
REV CARY E VAUGHNCEO
Officer
40$147,604$25,297
BOBBY LEWISEXEC. VP OPERATIONS
Officer
40$118,716$21,914
SUSAN CRANFORDDIRECTOR OF FINANCE & DEVE
Officer
40$88,830$18,851
GREG ADDISONCHAIRMAN
Trustee or director, Officer
1$0$0
WILLIAM M AMICK JRVICE CHAIRMAN
Trustee or director, Officer
1$0$0
REV BOB SORRELLPAST CHAIRMAN
Trustee or director, Officer
1$0$0
JEFF PEARSONTREASURER
Trustee or director, Officer
1$0$0
CATHY ALLENDIRECTOR
Trustee or director
1$0$0
JUDGE LYNN COBBDIRECTOR
Trustee or director
1$0$0
JOHN E CROCKETTDIRECTOR
Trustee or director
1$0$0
SUSAN DUPREEEDIRECTOR
Trustee or director
1$0$0
CHARLES ENNISDIRECTOR
Trustee or director
1$0$0
REV ROLAND MADDOXDIRECTOR
Trustee or director
1$0$0
JACK MATHISDIRECTOR
Trustee or director
1$0$0
CHARLES R MCDANIELDIRECTOR
Trustee or director
1$0$0
DAVID BRITTON PEELDIRECTOR
Trustee or director
1$0$0
JOYCE ROGERSDIRECTOR
Trustee or director
1$0$0
990 for the year ended June 30, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
REV CARY E VAUGHNCEO
Officer
40$148,681$27,985
BOBBY LEWISEXEC. VP OPERATIONS
Officer
40$119,528$21,056
SUSAN CRANFORDDIRECTOR OF FINANCE & DEVE
Officer
40$86,766$18,048
REV BOB SORRELLDIRECTOR
Trustee or director
1$0$0
GREG ADDISONCHAIRMAN
Trustee or director, Officer
1$0$0
WILLIAM M AMICK JRDIRECTOR
Trustee or director
1$0$0
JUDGE LYNN COBBDIRECTOR
Trustee or director
1$0$0
JOHN E CROCKETTDIRECTOR
Trustee or director
1$0$0
CHARLES ENNISDIRECTOR
Trustee or director
1$0$0
REV ROLAND MADDOXDIRECTOR
Trustee or director
1$0$0
CHARLES R MCDANIELDIRECTOR
Trustee or director
1$0$0
DAVID BRITTON PEELDIRECTOR
Trustee or director
1$0$0
JOYCE ROGERSDIRECTOR
Trustee or director
1$0$0
CATHY ALLENDIRECTOR
Trustee or director
1$0$0
SUSAN DUPREEEDIRECTOR
Trustee or director
1$0$0
JEFF PEARSONDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 38300, GERMANTOWN, TN 38183-0300
Principal officer (990 for 2024)
CARY VAUGHN, PO BOX 38300, MEMPHIS, TN 38183
Signed the 990
SUSAN CRANFORD, DIRECTOR-FINANCE & DEVELOPMENT
Phone
(901) 382-7900
Return prepared by
WATKINS UIBERALL PLLC

Mission

TO SHARE THE GOSPEL THROUGHOUT THE WORLD.

990 for the year ended June 30, 2025

Program accomplishments

  • RADIO AND TELEVISION BROADCASTING OF RECORDED SERMONS FROM MEDIA OUTLETS ACROSS THE U.S. AND OVERSEAS. THIS IS THE MAJOR VEHICLE FOR ACCOMPLISHING THE MINISTRY'S PURPOSE OF SPREADING THE GOSPEL OF JESUS CHRIST.
    Expenses $4,525,730
  • SALES OF RECORDED SERMONS AND SALES OF CHRISTIAN BOOKS, BOOKLETS, AND RELATED MATERIALS. THIS IS COMPLEMENTARY TO THE ACCOMPLISHMENT LISTED ABOVE, PUTTING THE GOSPEL MESSAGES INTO THE HANDS OF LISTENERS AND READERS IN A MORE PERMANENT FORM.

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
58-1730035
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1987
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,406,821
Income (IRS master file)
$6,243,320

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,981,264$6,120,024$2,406,821XML
990June 2024$6,458,471$7,063,800$2,554,735XML
990June 2023$6,760,882$7,598,235$2,962,828XML
990June 2022–––IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––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 58-1730035).

Questions about LOVE WORTH FINDING MINISTRIES INC

What is the EIN of LOVE WORTH FINDING MINISTRIES INC?
The employer identification number (EIN) of LOVE WORTH FINDING MINISTRIES INC is 58-1730035.
Is LOVE WORTH FINDING MINISTRIES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to LOVE WORTH FINDING MINISTRIES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LOVE WORTH FINDING MINISTRIES INC 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 LOVE WORTH FINDING MINISTRIES INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LOVE WORTH FINDING MINISTRIES INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of LOVE WORTH FINDING MINISTRIES INC?
The 990 for the year ended June 30, 2025 names CARY VAUGHN.
Who are the officers and directors of LOVE WORTH FINDING MINISTRIES INC?
The 990 for the year ended June 30, 2025 lists 17 people; 3 received compensation from the organization, the highest $142,312 (REV CARY E VAUGHN, CEO).
How much revenue does LOVE WORTH FINDING MINISTRIES INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,981,264, expenses of $6,120,024 and total assets of $2,406,821 at year end.

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