Sozo Ministries Inc is located in Hillsborough, NJ. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Sozo 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 12/2023, Sozo Ministries Inc generated $125.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $152.1k during the year ending 12/2023. 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
TRAINING AND PREPARING MINISTERS OF FAITH TO TEND TO THE BELIEVERS THROUGH OUT THE YEAR, WITH CONSULTING ONLINE, PRAYERS IN PERSON AND ONLINE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tina Chong President | 40 | $13,024 | |
Christine Mcnabb Secretary | 15 | $14,400 | |
Tony Li W Su General Partner | 2 | $0 | |
Chris Wang Treasurer | 1 | $0 | |
Tony Chong Past President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $125,613 |
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 | $125,613 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $49,624 |
Professional fees and other payments to independent contractors | $9,032 |
Occupancy, rent, utilities, and maintenance | $44,390 |
Printing, publications, postage, and shipping | $422 |
Other expenses | $48,671 |
Total expenses | $152,139 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $31,820 |
Other assets | $0 |
Total assets | $31,820 |
Total liabilities | $0 |
Net assets or fund balances | $31,820 |