First Loved Ministries Inc
- Assets
- $33.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Danvers, MA
- Founding
- 09/2013
- Data as of
- 06/2023
- EIN
- 20-4627765
Organization Overview
First Loved Ministries Inc is located in Danvers, MA. The organization was established in 2013. As of 06/2023, First Loved Ministries Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. First Loved 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 06/2023, First Loved Ministries Inc generated $116.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 19.2% each year . All expenses for the organization totaled $141.3k during the year ending 06/2023. While expenses have increased by 21.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
TO TEACH THE CHRISTIAN SERIES OF FIRST LOVED TO LOVE AND GETTING ALONG
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Fee Executive Director | 40 | $43,200 | |
Joseph Skowron President | 0 | $0 | |
Roman Jacques Vice President | 0 | $0 | |
Justin Ellis Secretary | 0 | $0 | |
Cherisa Ellis Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $78,452 |
| Total Program Service Revenue | $15,445 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $22,860 |
| Total Revenue | $116,857 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $121,749 |
| Professional fees and other payments to independent contractors | $5,603 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $887 |
| Other expenses | $13,090 |
| Total expenses | $141,329 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,795 |
| Other assets | $0 |
| Total assets | $33,077 |
| Total liabilities | $13,466 |
| Net assets or fund balances | $19,611 |