New Beginnings Ministries Of Wabash County Inc is located in Wabash, IN. The organization was established in 2011. According to its NTEE Classification (F22) the organization is classified as: Substance Abuse Treatment, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Beginnings Ministries Of Wabash County 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 12/2022, New Beginnings Ministries Of Wabash County Inc generated $161.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 26.6% each year . All expenses for the organization totaled $127.2k during the year ending 12/2022. While expenses have increased by 11.5% per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE RESIDENTIAL HOUSING FOR MEN MAKING POSITIVE CHANGES IN THEIR LIFE AFTER INCARCERATION, DRUG ADDICTION AND/OR HOMELESSNESS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Render Vice Chair | 0 | $0 | |
Jeremy Sweet Board Member | 0 | $0 | |
Craig Mckillip Chairman | 0 | $0 | |
Donna Highley Secretary | 0 | $0 | |
Tyler Guenin Board Member | 0 | $0 | |
Nick Palmer Board Member | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,742 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $297 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $20,590 |
| Total Revenue | $161,629 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,502 |
| Professional fees and other payments to independent contractors | $253 |
| Occupancy, rent, utilities, and maintenance | $35,144 |
| Printing, publications, postage, and shipping | $2,812 |
| Other expenses | $26,508 |
| Total expenses | $127,219 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,914 |
| Other assets | $0 |
| Total assets | $122,914 |
| Total liabilities | $4,013 |
| Net assets or fund balances | $118,901 |