Virginia Assembly Of Independent Baptists
- Assets
- $100.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sutherland, VA
- Founding
- 10/2009
- Data as of
- 08/2023
- EIN
- 27-0803977
Organization Overview
Virginia Assembly Of Independent Baptists is located in Sutherland, VA. The organization was established in 2009. 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. Virginia Assembly Of Independent Baptists 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 08/2023, Virginia Assembly Of Independent Baptists generated $120.5k 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 (4.7%) each year. All expenses for the organization totaled $58.6k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (11.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,537 |
| 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 | $120,537 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $324 |
| Salaries, other compensation, and employee benefits | $37,150 |
| Professional fees and other payments to independent contractors | $7,942 |
| Occupancy, rent, utilities, and maintenance | $3,122 |
| Printing, publications, postage, and shipping | $6,178 |
| Other expenses | $3,910 |
| Total expenses | $58,626 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,826 |
| Other assets | $0 |
| Total assets | $100,510 |
| Total liabilities | $1,691 |
| Net assets or fund balances | $98,819 |