Found In Faith Ministries
- Assets
- $46.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aberdeen, MD
- Founding
- 12/2017
- Data as of
- 06/2023
- EIN
- 81-1718801
Organization Overview
Found In Faith Ministries is located in Aberdeen, MD. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, 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. Found In Faith Ministries 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 06/2023, Found In Faith Ministries generated $156.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.3% each year . All expenses for the organization totaled $160.7k during the year ending 06/2023. While expenses have increased by 20.7% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
COLLECTING AND REDISTRIBUTING FURNITURE AND HOME GOODS AT NO COST TO FAMILIES IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali Paksun President & Interim Treasurer | 2 | $0 | |
Jonita Shoaff Vice President | 1.5 | $0 | |
Brit Ayers Secretary | 1.5 | $0 | |
Alicia Hamilton Executive Director | 40 | $23,330 | |
Evelyn Mcsorley Volunteer Program Director | 30 | $0 | |
Carol Wright Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,604 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $95 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $47,566 |
| Total Revenue | $156,265 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $37,756 |
| Professional fees and other payments to independent contractors | $13,027 |
| Occupancy, rent, utilities, and maintenance | $34,969 |
| Printing, publications, postage, and shipping | $50 |
| Other expenses | $74,940 |
| Total expenses | $160,742 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,934 |
| Other assets | $0 |
| Total assets | $46,442 |
| Total liabilities | $1,170 |
| Net assets or fund balances | $45,272 |