Webb Family Ministries is located in Colfax, NC. The organization was established in 2014. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Webb Family Ministries 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, Webb Family Ministries generated $24.6k 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 (12.4%) each year. All expenses for the organization totaled $22.1k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
LIVE MUSIC AND SPOKEN WORD PRESENTATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Rick Webb President/asst Treasurer | 10 | $0 | |
Phyllis P Webb Treasurer/asst Secretary | 5 | $0 | |
Hannah W Ward Secretary | 10 | $8,500 | |
Parker B Webb Vice President | 1 | $2,950 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,648 |
| 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 | $24,648 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,544 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $518 |
| Other expenses | $7,085 |
| Total expenses | $22,147 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,811 |
| Other assets | $0 |
| Total assets | $26,821 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,821 |