New Vision Ministries Inc
- Assets
- $644.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Batesville, MS
- Founding
- 07/2005
- Data as of
- 12/2021
- EIN
- 11-3731018
Organization Overview
New Vision Ministries Inc is located in Batesville, MS. The organization was established in 2005. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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. New Vision Ministries 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 12/2021, New Vision Ministries Inc generated $11.7k 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 (14.2%) each year. All expenses for the organization totaled $11.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
ASSIST WITH NEEDS OF CHILDREN IN HONDURUS AND PROVIDE CHRISTIAN MINISTRY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lea Anderson Garrott President | 8 | $0 | |
Erik Broome Director | 0 | $0 | |
Suzanne Garrott Secretary | 0 | $0 | |
Randy Willis Treasurer | 5 | $0 | |
Bill Robison Director | 0 | $0 | |
Jerry Knotts Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,705 |
| 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 | $11,705 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $11,086 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $644 |
| Other assets | $0 |
| Total assets | $644 |
| Total liabilities | $0 |
| Net assets or fund balances | $644 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wiseheart Foundation Memphis, TN | $10,743,867 | $6,206,349 |
Global Ministries Foundation Cordova, TN | $20,808,133 | $5,793,917 |
Mississippi United Methodist Foundation Inc Ridgeland, MS | $147,699,774 | -$799,975 |
National Christian Charitable Foundation Inc Knoxville, TN | $13,653,760 | $2,866,277 |
Church Loan Fund Inc Cleveland, TN | $45,949,413 | $2,026,360 |
Back To Jerusalem Inc Laurel, MS | $888,036 | $1,572,378 |
Blood Water Mission Inc Nashville, TN | $1,496,326 | $2,219,618 |
Noah Arc Community Development Corporation Inc Minden, LA | $7,905,393 | $1,130,663 |
Alliance Ministries Birmingham, AL | $249,825 | $771,024 |
Hope For The World Foundation Inc Spring Hill, TN | $130,711 | $613,253 |
Stegall Seminary Scholarshipendowment Foundation Montgomery, AL | $7,939,280 | $688,672 |
South American Foreign Missions Inc Jonesville, LA | $530,076 | $465,072 |