Developing Leaders Ministries is located in Walnut, CA. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Developing Leaders 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 12/2023, Developing Leaders Ministries generated $90.5k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $85.6k during the year ending 12/2023. While expenses have increased by 4.8% 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
TO COORDINATE MISSION ACTIVITIES OF BIBLE COURSE, DISCIPLE TRAINING, AND CHOIR GROUP TO HELP CHILDREN BECOME SUCCESSFUL BI-VOCATIONAL CHURCH LEADERS
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
| Hsiang Yuan John Lei CEO | 40 | $43,200 | |
| Gary C Tam Secretary | 5 | $0 | |
| Yanchin Alex Hsiao CFO | 5 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,518 | 
| 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 | $90,518 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $43,200 | 
| Professional fees and other payments to independent contractors | $1,421 | 
| Occupancy, rent, utilities, and maintenance | $0 | 
| Printing, publications, postage, and shipping | $0 | 
| Other expenses | $40,951 | 
| Total expenses | $85,572 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,547 | 
| Other assets | $0 | 
| Total assets | $8,547 | 
| Total liabilities | $41,676 | 
| Net assets or fund balances | -$33,129 |