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Nonprofit · EIN 82-1305856

LIFE CHURCH OF PLANO

Tax-exempt · THE COLONY, TX 75056

Financials

$336K$314K2024
Revenue Expenses · by fiscal year end
Financials of LIFE CHURCH OF PLANO by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$335,831$313,631$22,200$1,859,529$145,353$1,714,176
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$335,831
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$51,600
Salaries, compensation and benefits (total)
$90,375
Professional fundraising fees
$0
Occupancy
$19,626
Depreciation
$27,080
Program services (functional)
$272,452
Management and general (functional)
$41,179

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$1,859,529
Total liabilities, end of year
$145,353
Net assets, end of year
$1,714,176
Land, buildings and equipment
$1,762,182
Net assets without donor restrictions
$1,714,176
Gross receipts
$335,831
Employees
2

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DOSIK KIMBOARD OF DIR
Trustee or director
5$0
JA HO LEEBOARD OF DIR
Trustee or director
5$0
JEONG BONG LEETREASURER
Trustee or director
5$0
WHO-IK SONGBOARD OF DIR
Trustee or director
5$0

Address and contacts

Address (IRS master file)
4700 NASH DR, THE COLONY, TX 75056-1689
In care of
% JEON BONG LEE
Principal officer (990 for 2024)
JEONG BONG LEE, 7721 CASE DR, PLANO, TX 75025
Signed the 990
JEONG BONG LEE, TREASURER
Phone
(972) 460-6512
Return prepared by
Y K SUH CPA PC

Mission

LIFE CHURCH OF PLANO IS A CHRISTIAN CONGREGATION DEDICATED TO PROCLAIMING THE GOSPEL OF JESUS CHRIST, FOSTERING SPIRITUAL GROWTH THROUGH WORSHIP, BIBLE TEACHING, DISCIPLESHIP, AND COMMUNITY MINISTRIES, AND ENGAGING IN LOCAL AND GLOBAL OUTREACH AND MISSION ACTIVITIES THAT SERVE INDIVIDUALS AND FAMILIES IN NEED.

990 for the year ended December 31, 2024

Program accomplishments

  • GENERAL EXPENSES RELATED TO CHURCH SUCH AS PAYROLL, MANAGEMENT, GENERAL ADMIN, OCCUPANCY, DISCIPLESHIP AND FAMILY MINISTRIES
    Expenses $227,426
  • DEPRECIATION AND OTHER EXPENSES.
    Expenses $45,026

What it must file and when

IRS records say it files Not required (church). Churches are not required to file. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
82-1305856
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Church
Exempt since
2001
Accounting year ends
December
Files
Not required (church)
Category (NTEE)
Religion-related (X20)
Assets (IRS master file)
$1,859,529
Income (IRS master file)
$335,831

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$335,831$313,631$1,859,529XML

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 82-1305856).

Questions about LIFE CHURCH OF PLANO

What is the EIN of LIFE CHURCH OF PLANO?
The employer identification number (EIN) of LIFE CHURCH OF PLANO is 82-1305856.
Is LIFE CHURCH OF PLANO tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Which annual return does LIFE CHURCH OF PLANO file?
Form Not required (church). Churches are not required to file.
When is the next return of LIFE CHURCH OF PLANO due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIFE CHURCH OF PLANO last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of LIFE CHURCH OF PLANO?
The 990 for the year ended December 31, 2024 names JEONG BONG LEE.
Who are the officers and directors of LIFE CHURCH OF PLANO?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does LIFE CHURCH OF PLANO have?
On its 990 for the year ended December 31, 2024 it reported revenue of $335,831, expenses of $313,631 and total assets of $1,859,529 at year end.

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