Abiding Word Ministries Inc
- Assets
- $189.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Waleska, GA
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 54-2118274
Organization Overview
Abiding Word Ministries Inc is located in Waleska, GA. The organization was established in 2004. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Abiding Word 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 12/2021, Abiding Word Ministries Inc generated $144.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $101.8k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carmen Smith Officer | 40 | $37,900 | |
Victor Smith President | 40 | $18,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,341 |
| 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 | $144,341 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $55,900 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $10,000 |
| Printing, publications, postage, and shipping | $580 |
| Other expenses | $35,360 |
| Total expenses | $101,840 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $188,296 |
| Other assets | $0 |
| Total assets | $189,096 |
| Total liabilities | $1,622 |
| Net assets or fund balances | $187,474 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Abiding Word Ministries Inc has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
Cbmc Inc Chattanooga, TN | $8,634,915 | $10,793,711 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
Lutheran Home - Forsyth County Inc Salisbury, NC | $3,585,984 | $11,789,990 |
Timothy Initiative Inc Raleigh, NC | $25,869,697 | $20,418,173 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Mercy Multiplied America Inc Nashville, TN | $15,008,837 | $12,307,052 |
Outreach Foundation Of The Presbyterian Church Inc Franklin, TN | $10,682,704 | $9,066,746 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |