Mennonite Net Inc is located in Goshen, IN. The organization was established in 2000. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. Mennonite Net 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 06/2017, Mennonite Net Inc generated $46.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $36.7k during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 2 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
2017
Describe the Organization's Program Activity:
Part 3
CHRISTIAN RELIGIOUS MEDIA PROGRAMS: WEB SITE HOSTING AND TECHNOLOGY SERVICES FOR CHURCHES AND OTHER AGENCIES (100 PAYING CUSTOMERS/MEMBERS)
CHRISTIAN RELIGIOUS MEDIA PROGRAMS: WEB SITE HOSTING AND TECHNOLOGY SERVICES FOR CHURCHES AND OTHER AGENCIES (100 PAYING CUSTOMERS/MEMBERS)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Sherer Exec Director/ceo | 1 | $0 | |
Paul D Leichty Treasurer/dir Of User Services | 10 | $5,339 | |
Peter W F Miller Director, Codepurple | 2 | $1,052 | |
Michael Sherer Exec Director/ceo | 1 | $0 | |
Paul D Leichty Treasurer/dir Of User Services | 10 | $5,339 | |
Peter W F Miller Director, Codepurple | 2 | $1,052 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,285 |
| Total Program Service Revenue | $37,763 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $34,040 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,632 |
| Total expenses | $36,672 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $5,593 |
| Other assets | $0 |
| Total assets | $5,593 |
| Total liabilities | $8,804 |
| Net assets or fund balances | -$3,211 |