Believe Ministries Inc
- Assets
- $58.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Talking Rock, GA
- Founding
- 07/2007
- Data as of
- 12/2023
- EIN
- 01-0878619
Organization Overview
Believe Ministries Inc is located in Talking Rock, GA. The organization was established in 2007. 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. Believe 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 12/2023, Believe Ministries Inc generated $30.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $50.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.6%) per year over the past 9 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
2023
Describe the Organization's Program Activity:
Part 3
MISSIONS / PUBLIC SUPPORT / SUPPLIES / PROPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jane Riley Treasurer | 40 | $0 | |
Gregory Davidson President | 40 | $0 | |
John Pearson Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,005 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $30,005 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,290 |
| Professional fees and other payments to independent contractors | $400 |
| Occupancy, rent, utilities, and maintenance | $1,900 |
| Printing, publications, postage, and shipping | $640 |
| Other expenses | $24,895 |
| Total expenses | $50,125 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $55,400 |
| Other assets | $0 |
| Total assets | $58,103 |
| Total liabilities | $4,238 |
| Net assets or fund balances | $53,865 |