Faith That Works Foundation Inc
- Assets
- $86.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Morehead, KY
- Founding
- 03/2008
- Data as of
- 12/2022
- EIN
- 20-3172462
Organization Overview
Faith That Works Foundation Inc is located in Morehead, KY. The organization was established in 2008. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, 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. Faith That Works Foundation 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 12/2022, Faith That Works Foundation Inc generated $2.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.4%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
AID THE CHURCH TO PURCHASE PROPERTY NEEDED FOR FUTUREEXPANSION / PARKING LOT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anthony Mnayo President | 1 | $0 | |
Harold Ashcraft V President | 1 | $0 | |
Michael D Green Greas | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,700 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,700 |
| 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 | $2,020 |
| Total expenses | $2,020 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,134 |
| Other assets | $0 |
| Total assets | $86,707 |
| Total liabilities | $450 |
| Net assets or fund balances | $86,257 |
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