Shabbach Inc
- Assets
- $103.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Mill, SC
- Founding
- 09/2006
- Data as of
- 12/2023
- EIN
- 20-2286758
Organization Overview
Shabbach Inc is located in Fort Mill, SC. The organization was established in 2006. According to its NTEE Classification (X19) the organization is classified as: Support N.E.C., 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. Shabbach 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, Shabbach Inc generated $164.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $156.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 8 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 Mission:
Part 3 - Line 1
TO PROVIDE RELIGIOUS YOUTH CONFERENCES THROUGHOUT THE SOUTHEASTERN UNITED STATES.
Describe the Organization's Program Activity:
Part 3
TO PROVIDE RELIGIOUS YOUTH CONFERENCES THROUGHOUT THE SOUTHEAST.
TO PROVIDE RELIGIOUS YOUTH CONFERENCES THROUGHOUT THE SOUTHEAST.
TO PROVIDE A LEADERSHIP IN MINISTRY PROGRAM FOR YOUTH
TO PROVIDE A LEADERSHIP IN MINISTRY PROGRAM FOR YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glendon Walters President | 10 | $6,500 | |
Emily Walters CEO | 10 | $8,500 | |
Michael Norton COO | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,679 |
| Total Program Service Revenue | $130,511 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,150 |
| Total Revenue | $164,736 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,668 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $31,446 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $90,370 |
| Total expenses | $156,484 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $103,359 |
| Other assets | $0 |
| Total assets | $103,489 |
| Total liabilities | $1,405 |
| Net assets or fund balances | $102,084 |