Faith Walk Center Inc
- Assets
- $277.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- South Euclid, OH
- Founding
- 06/2016
- Data as of
- 12/2023
- EIN
- 81-0977134
Organization Overview
Faith Walk Center Inc is located in South Euclid, OH. The organization was established in 2016. According to its NTEE Classification (P28) the organization is classified as: Neighborhood Centers, 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. Faith Walk Center 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, Faith Walk Center Inc generated $3.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (46.7%) each year. All expenses for the organization totaled $709.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (38.0%) per year over the past 6 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
THE FWC BOARD MET NOVEMBER OF 2022, THEN SUSPENDED MEETINGS & PROJECT ACTIVITY TEMPORARILY DUE TO THE CONTINUED COVID-19 PANDEMIC CLIMATE. THE FWC CONTINUED TO PROCESS PRIOR-YEAR PLEDGE DONATIONS TO THE PROJECT AND SEND GIFT ACKNOWLEDGEMENTS TO DONORS. THE FWC ALSO MAINTAINED A FACEBOOK PAGE AND WEBSITE LANDING PAGE REGARDING THE PROJECT THROUGHOUT 2022, AND MAINTAINED CONTACT WITH THE CITY ABOUT THE PROJECT'S STATUS. DUE TO THE CONTINUATION OF COVID-19 UNCERTAINTIES, THERE WERE NO EVENTS OR STRUCTURED FUNDRAISERS HELD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Mclaurin President | 0.1 | $0 | |
Gwen Mclaurin Vice-Preside | 0.1 | $0 | |
Katherine Evans Treasurer | 0.1 | $0 | |
Madora Jones Secretary | 0.1 | $0 | |
Anthony Holman Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,638 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $47 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,685 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $109 |
| Total expenses | $709 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $277,679 |
| Other assets | $0 |
| Total assets | $277,679 |
| Total liabilities | $0 |
| Net assets or fund balances | $277,679 |