International Bridges Of Worship Inc is located in Red Oak, TX. The organization was established in 1989. 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. International Bridges Of Worship 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, International Bridges Of Worship Inc generated $70.4k 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 (25.7%) each year. All expenses for the organization totaled $40.4k during the year ending 12/2022. 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 Program Activity:
Part 3
THIS MINISTRY PROVIDES CHRISTIAN LEADERSHIP TRAINING, WORSHIP TEACHING, WORSHIP CONCERTS AND EVANGELISM
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,444 |
| 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 | $70,444 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $20,000 |
| Professional fees and other payments to independent contractors | $5,278 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,169 |
| Total expenses | $40,447 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,891 |
| Other assets | $0 |
| Total assets | $30,891 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,891 |