On Belay Ministries Inc
- Assets
- $27.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corvallis, OR
- Founding
- 06/2007
- Data as of
- 12/2023
- EIN
- 20-8768075
Organization Overview
On Belay Ministries Inc is located in Corvallis, OR. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. On Belay 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, On Belay Ministries Inc generated $76.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $74.7k during the year ending 12/2023. While expenses have increased by 1.0% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
DEVELOPING WELL-ROUNDED ADULTS COMING ALONGSIDE YOUNG ADULTS AS THEY REACH MATURITY REQUIRES A MULTI-DIMENSIONAL FOCUS. UNICEF RESEARCH IDENTIFIED FIVE KEY NEEDS THAT MUST BE MET FOR SUCCESSFUL TRANSITION SUPPORT: LIFE SKILLS, SPIRITUAL CARE AND MENTORING, TRANSITIONAL HOUSING, CAREER DEVELOPMENT, AND CHURCH AND COMMUNITY SUPPORT. OUR MINISTRY STRIVES TO SUPPORT OUR STUDENTS IN EACH OF THESE AREAS, THROUGH PROJECTS THAT FOCUS ON THE FOLLOWING: FOOD, CLOTHING, SHELTER, EDUCATION, AND SPIRITUAL SUPPORT. REGARDING FOOD, CLOTHING, AND SHELTER: WHEN SCHOOL IS IN SESSION, MANY OF THE YOUNG ADULTS RECEIVE ROOM AND BOARD AT SCHOOL. DURING INTERSESSION BREAKS, ON BELAY PROVIDES HOUSING AND MEALS FOR ALL THE SUPPORTED CHILDREN AND YOUNG ADULTS. WHILE THE STUDENTS ARE AT HOME, THE UGANDAN ADULT LEADERSHIP STRENGTHENS THE RELATIONSHIP WITH EACH STUDENT, PROVIDING EMOTIONAL AND SPIRITUAL SUPPORT FOR THEIR DEVELOPING INDEPENDENCE. REGARDING EDUCATION: ON BELAY ASSURES THAT ALL STUDENTS HAVE THE NECESSARY FUNDS TO PAY FOR SCHOOL, INCLUDING TUITION, BOOKS, UNIFORMS, AND OTHER SCHOOL SUPPLIES. STUDENTS WHO HAVE COMPLETED FORMAL SCHOOLING ARE SUPPORTED AS THEY SELECT AND BEGIN A CAREER THROUGH APPRENTICESHIPS AND OTHER JOB TRAINING OPPORTUNITIES. REGARDING SPIRITUAL SUPPORT: ON BELAY LEADERSHIP IN UGANDA ENCOURAGES THE SUPPORTED STUDENTS TO SEEK AND KNOW GOD THROUGH CHRIST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barb Hoffman Chairman Of | 20 | $0 | |
Bryan Hoffman President | 20 | $0 | |
Keith Marshall Vice-Preside | 5 | $0 | |
Nicole Marshall Secretary | 5 | $0 | |
April Larson Treasurer | 2 | $0 | |
Don Snow Member At La | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $76,715 |
| 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 | $76,715 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,370 |
| Professional fees and other payments to independent contractors | $2,600 |
| Occupancy, rent, utilities, and maintenance | $4,563 |
| Printing, publications, postage, and shipping | $435 |
| Other expenses | $56,738 |
| Total expenses | $74,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,362 |
| Other assets | $0 |
| Total assets | $27,362 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,362 |