Barnabas Ministries
- Assets
- $61.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lenoir City, TN
- Founding
- 10/2002
- Data as of
- 12/2021
- EIN
- 01-0573990
Organization Overview
Barnabas Ministries is located in Lenoir City, TN. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barnabas 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 12/2021, Barnabas Ministries generated $65.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $54.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gordon R Hutchison President | 40 | $0 | |
Jonathan Hutchison Secretary | 1 | $0 | |
Jim Matlock Vice President | 1 | $0 | |
David Matlock Board Member | 1 | $0 | |
John E Wampler Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,651 |
| Total Program Service Revenue | $4,699 |
| Membership dues | $0 |
| Investment income | $105 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $92 |
| Total Revenue | $65,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,364 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,100 |
| Printing, publications, postage, and shipping | $2,712 |
| Other expenses | $43,006 |
| Total expenses | $54,287 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $57,663 |
| Other assets | $0 |
| Total assets | $61,296 |
| Total liabilities | $461 |
| Net assets or fund balances | $60,835 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Barnabas Ministries has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Housing Partnership Inc Louisville, KY | $43,644,315 | $10,025,390 |
Habitat For Humanity Of Kansas City Kansas City, MO | $24,127,378 | $10,262,500 |
Our Lady Of Peace Inc Roanoke, VA | $13,777,109 | $11,564,075 |
Guardian Center Inc Ooltewah, TN | $1,527,267 | $10,632,560 |
Jerusalem House Inc Atlanta, GA | $4,358,598 | $7,877,090 |
Habitat For Humanity International Inc Newport News, VA | $9,861,358 | $8,052,076 |
Greater Birmingham Habitat For Humanity Inc Fairfield, AL | $36,123,846 | $9,151,776 |
American Opportunity Foundation Atlanta, GA | $34,585,201 | $5,667,158 |
24 1 Community Land Trust Pine Lawn, MO | $28,090,880 | $9,459,445 |
Recovery Place Community Services Inc Savannah, GA | $2,985,458 | $7,587,530 |
Wesley Housing Development Corporation Of Northern Virginia Alexandria, VA | $44,230,535 | $12,100,793 |
Habitat For Humanity Of Metro Louisville Inc Louisville, KY | $17,692,701 | $8,716,107 |