Treasure Path To Soul Winning Incorporated is located in Concord, VA. The organization was established in 1976. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 07/2023, Treasure Path To Soul Winning Incorporated employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Treasure Path To Soul Winning Incorporated 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 07/2023, Treasure Path To Soul Winning Incorporated generated $41.6k 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 (8.4%) each year. All expenses for the organization totaled $46.0k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (9.2%) 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
SUPPORT CHURCHES AND MISSIONARIES-THE PEOPLE IN THE MINISTRIES ARE ENCOURAGED TO MEMORIZE BIBLE VERSES FROM TREASURE PATH TO SOUL WINNING BOOKLETS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Grooms President | 2 | $0 | |
James Rader VP | 2 | $0 | |
Michael Grooms VP | 2 | $0 | |
Donald R Leslie Treasurer | 2 | $0 | |
Jane Harold Secretary | 7 | $2,830 | |
Jonathan Grooms Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,759 |
| 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 | $41,642 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,830 |
| Professional fees and other payments to independent contractors | $41,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $541 |
| Other expenses | $835 |
| Total expenses | $45,956 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,291 |
| Other assets | $0 |
| Total assets | $8,291 |
| Total liabilities | $1,022 |
| Net assets or fund balances | $7,269 |