Ireachusa Inc is located in Palmetto, FL. 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. Ireachusa 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, Ireachusa Inc generated $174.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 57.8% each year . All expenses for the organization totaled $189.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRINGING A POSITIVE MESSAGE OF HOPE THROUGH FAITH TO COMMUNITIES CHURCHES SCHOOLS AND RECOVERY FACILITIES
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $159,255 | 
| Interest on Savings | $0 | 
| Dividends & Interest | $0 | 
| Net Rental Income | $0 | 
| Net Gain on Sale of Assets | $0 | 
| Capital Gain Net Income | $0 | 
| Net ST Capital Gain | $0 | 
| Income Modifications | $0 | 
| Profit on Inventory Sales | $15,406 | 
| Other Income | $0 | 
| Total Revenue | $174,661 | 
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $33,675 | 
| Other employee salaries and wages | $33,675 | 
| Pension plans, employee benefits | $0 | 
| Interest | $0 | 
| Taxes | $6,080 | 
| Depreciation | $0 | 
| Occupancy | $29,480 | 
| Travel, conferences, and meetings | $58,701 | 
| Printing and publications | $1,053 | 
| Other expenses | $22,857 | 
| Total operating and administrative expenses | $189,331 | 
| Contributions, gifts, grants paid | $100 | 
| Total expenses and disbursements | $189,431 | 
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,174 | 
| Savings and temporary cash investments | $0 | 
| Net Accounts receivable | $0 | 
| Net Pledges Receivable | $0 | 
| Grants receivable | $0 | 
| Receivables from Officers, Directors, or Controlling Persons | $0 | 
| Net other notes and loans receivable | $0 | 
| Inventories for sale or use | $0 | 
| Prepaid expenses and deferred charges | $3,475 | 
| Net Investments - land, buildings, equipment | $0 | 
| Investments—mortgage loans | $0 | 
| Investments—other | $0 | 
| Net Land, buildings, and equipment | $0 | 
| Other assets | $0 | 
| Total assets | $6,649 | 
| Accounts payable and accrued expenses | $10,157 | 
| Grants payable | $0 | 
| Deferred revenue | $0 | 
| Loans and other payables to any current Officer, Director, or Controlling Person | $7,293 | 
| Mortgages and other notes payable | $0 | 
| Other liabilities | $0 | 
| Total liabilities | $17,450 |