Larsen & Larsen Ministries Inc
- Assets
- $60.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Tyrone, GA
- Founding
- 03/2002
- Data as of
- 12/2018
- EIN
- 01-0583056
Organization Overview
Larsen & Larsen Ministries Inc is located in Tyrone, GA. The organization was established in 2002. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Larsen & Larsen Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2018, Larsen & Larsen Ministries Inc generated $54.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
FOCUS ON MINISTRY TO PASTORS BEYOND AND JAARS AS WELL AS OTHER MISSIONARIES AROUND THE WORLD - THROUGH COUNSEL,CONVERSATION, AND PRAYER
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martin Larsen President | 30 | $25,291 | |
Susan Larsen Secretary | 20 | $0 | |
Mark Barnes Board Member | 2 | $0 | |
Gary Fleming Board Member | 2 | $0 | |
Bill Gaines Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,895 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $68 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $53,963 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,291 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $59 |
| Other expenses | $4,221 |
| Total expenses | $45,571 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,278 |
| Other assets | $0 |
| Total assets | $60,278 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,278 |