7117 Ministries Inc is located in Lakeland, FL. The organization was established in 2012. 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. 7117 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 12/2022, 7117 Ministries Inc generated $166.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $158.9k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 8 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 Mission:
Part 3 - Line 1
TO FURTHER THE GOSPEL OF JESUS CHRIST
Describe the Organization's Program Activity:
Part 3
PREACHING & TEACHING
MINISTRY TO THE UNDERPRIVILEGED THROUGH OH MY BABY
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Diaz Executive Dir. | 40 | $43,546 | |
Gwen Diaz Director | 40 | $43,546 | |
Zach Diaz Director | 1 | $0 | |
Ross Toepel Director | 1 | $0 | |
Steve Moseley Director | 1 | $0 | |
Rick Ricart Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $166,286 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $166,295 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $113,345 |
| Professional fees and other payments to independent contractors | $1,320 |
| Occupancy, rent, utilities, and maintenance | $7,248 |
| Printing, publications, postage, and shipping | $4,516 |
| Other expenses | $32,457 |
| Total expenses | $158,886 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,485 |
| Other assets | $0 |
| Total assets | $165,248 |
| Total liabilities | $90 |
| Net assets or fund balances | $165,158 |