Varle Rollins Ministries
- Assets
- $38.3k
- Revenue
- $34.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Odenton, MD
- Founding
- 03/2005
- Data as of
- 12/2020
- EIN
- 20-1767295
Organization Overview
Varle Rollins Ministries is located in Odenton, MD. The organization was established in 2005. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Varle Rollins 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 12/2020, Varle Rollins Ministries generated $34.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $29.8k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
VARLE ROLLINS MINISTRIES IS FORMED AS A CHARITABLE ORGANIZATION OF THE INTERNAL REVENUE CODE AND IS DESIGNED AS AN APOSTOLIC MINISTRY TO PROVIDE RESOURCES FOR CHURCHRES, PASTORS, LEADERS AND CHRISTIANS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
VARLE ROLLINS MINISTRIES IS FORMED AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS DESIGNED AS AN APOSTOLIC MINISTRY TO PROVIDE RESOURCES FOR CHURCHRES, PASTORS, LEADERS AND CHRISTIANS. THESE RESOURCES ARE PROVIDED TO STRENGTHEN THOSE CHURCHES, PASTORS, LEADERS AND CHRISTIANS IN BIBLICAL PRINICIPLES PERTAINING TO THEIR SPECIFIC AREAS OF NEED. SERVICES WILL ALSO BE PROVIDED AS NEEDED TO ORGANIZATIONS WITHIN THE COMMUNITY. SUCH ORGANIZATIONS MAY INCLUDE, BUT ARE NOT LIMITED TO 1)EDUCATION; 2)GOVERNMENT; 3)BUSINESS 4)ENTERTAINMENT; 5)ARTS; 6)FAMILIES; 7)MEDIA; AND 8)SCIENCE AND TECHNOLOGY. RESOURSE PROVIDED BY VARLE ROLLINS MINISTRIES INC INCLUDE BUT ARE NOT LIMITED TO 1)TRAINING 2)COUNSELING; 3)RETREATS; 4)CONFERENCES; 5)PRAYER; 6)PREACHING; 7)CONSULTING; 8)CHURCH GOVERNMENT; 9)STAFF AND MINSTRY DEVELOPMENT; AND 10)SCHOLARSHIPS.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $34,241 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,241 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,088 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $6,377 |
| Total functional expenses | $29,806 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,699 |
| Savings and temporary cash investments | $5,631 |
| Pledges and grants receivable | $15,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $38,330 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $38,330 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $38,330 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Varle Rollins Ministries has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $10,000 |
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