Verse By Verse Ministries Inc is located in Clearwater, FL. The organization was established in 2006. 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. Verse By Verse 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, Verse By Verse Ministries Inc generated $57.1k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $84.3k during the year ending 12/2023. 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
RADIO BROADCASTS OF CHRISTIAN MESSAGES BY REV. STEVEN KRELOFF THROUGHOUT THE WEST COAST OF FLORIDA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jason Bruns Director | 1 | $0 | |
Robert Fraire Director | 1 | $0 | |
David Jenkins Director | 1 | $0 | |
Jack Jenkins Director | 1 | $0 | |
Jim Jensen Director | 1 | $0 | |
Spencer King Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,099 |
| 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 | $57,099 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $226 |
| Other expenses | $84,072 |
| Total expenses | $84,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,611 |
| Other assets | $0 |
| Total assets | $34,611 |
| Total liabilities | $8,321 |
| Net assets or fund balances | $26,290 |