New Walk Bible Church
- Assets
- $200.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Powhatan, VA
- Founding
- Data as of
- 12/2023
- EIN
- 83-2944083
Organization Overview
New Walk Bible Church is located in Powhatan, VA. New Walk Bible Church 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, New Walk Bible Church generated $67.9k 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 (7.8%) each year. All expenses for the organization totaled $46.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 5 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
PROMOTING AND SPREADING CHRISTIANITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earnest Bates Secretary | 5 | $0 | |
Patrick Scholaert Vice President | 5 | $0 | |
Margaret Schollaert Treasurer | 10 | $0 | |
Dennis King President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,774 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $118 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $29,562 |
| Professional fees and other payments to independent contractors | $550 |
| Occupancy, rent, utilities, and maintenance | $9,343 |
| Printing, publications, postage, and shipping | $1,674 |
| Other expenses | $5,467 |
| Total expenses | $46,596 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $125,141 |
| Other assets | $0 |
| Total assets | $200,358 |
| Total liabilities | $27,565 |
| Net assets or fund balances | $172,793 |