Network Ministries
- Assets
- $352.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 06/1982
- Data as of
- 12/2023
- EIN
- 84-0865247
Organization Overview
Network Ministries is located in Denver, CO. The organization was established in 1982. 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. Network 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, Network Ministries generated $188.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $217.4k during the year ending 12/2023. While expenses have increased by 5.9% per year over the past 9 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
THE INDIGENT AND MENTALLY ILL POPULATION OF THE DENVER CAPITOL HILL NEIGHBORHOOD WAS SERVED ON A CONSISTENT BASIS FOR THE YEAR. APPROXIMATELY 7,500 PEOPLE WERE SERVED. SERVICE INCLUDES A SAFE PLACE TO GATHER, FREE COFFEE AND FOOD, CHRISTIAN MINISTRY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Taylor President | 30 | $71,160 | |
Michelle Smyth Treasurer | 0 | $0 | |
David Neuhausel Chairman | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $186,944 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,266 |
| Total Revenue | $188,210 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $164,024 |
| Professional fees and other payments to independent contractors | $1,600 |
| Occupancy, rent, utilities, and maintenance | $30,058 |
| Printing, publications, postage, and shipping | $3,331 |
| Other expenses | $18,397 |
| Total expenses | $217,410 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $352,422 |
| Other assets | $0 |
| Total assets | $352,422 |
| Total liabilities | $6,584 |
| Net assets or fund balances | $345,838 |