Thessalonians Holiness Church
- Assets
- $315.2k
- Revenue
- $7.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Morganville, NJ
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 22-2095254
Organization Overview
Thessalonians Holiness Church is located in Morganville, NJ. The organization was established in 2005. According to its NTEE Classification (X21) the organization is classified as: Protestant, 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. Thessalonians Holiness Church 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, Thessalonians Holiness Church generated $7.2k 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 (24.7%) each year. All expenses for the organization totaled $22.9k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RELIGIOUS WORSHIP TO ITS MEMBERSHIP AND RELIGIOUS ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE RELIGIOUS WORSHIP TO ITS MEMBERS AND RELIGIOUS ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathy Thomas Reverand | Officer | 30 | $11,510 |
Jo Ann Minor Member | Officer | $0 | |
Rommie Addison Member | Officer | $0 | |
Maine A Addison Member | Officer | $0 |
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 | $6,061 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,061 |
| Total Program Service Revenue | $521 |
| Investment income | $590 |
| 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 | $7,172 |
| 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. | $11,510 |
| Compensation of current officers, directors, key employees. | $5,755 |
| 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 | $525 |
| 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 | $3,122 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $871 |
| Travel | $450 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $20 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $3,453 |
| Total functional expenses | $22,901 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,494 |
| Savings and temporary cash investments | $300,693 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $5,000 |
| 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 | $315,187 |
| 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 | $0 |
| 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 | $315,187 |
| Total liabilities and net assets/fund balances | $315,187 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Thessalonians Holiness Church has recieved totaling $189,548.
| Awarding Organization | Amount |
|---|---|
Table To Table Inc Hasbrouck Heights, NJ PURPOSE: FOOD PROVIDED TO LOCAL NOT FOR PROFIT ORGANIZATIONS TO DISTRIBUTE TO THE HUNGRY IN BERGEN, HUDSON, ESSEX AND PASSAIC COUNTIES | $66,640 |
Table To Table Inc Hasbrouck Heights, NJ PURPOSE: FOOD PROVIDED TO LOCAL NOT FOR PROFIT ORGANIZATIONS TO DISTRIBUTE TO THE HUNGRY IN BERGEN, HUDSON, ESSEX AND PASSAIC COUNTIES | $66,640 |
Community Food Bank Of New Jersey Inc Hillside, NJ PURPOSE: Food Distribution | $56,268 |
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|---|---|---|
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Disciplemakers Inc State College, PA | $2,971,948 | $5,867,999 |
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Black Rock Retreat Quarryville, PA | $10,750,251 | $3,252,262 |
Nj Onnuri Community Church Corp Fort Lee, NJ | $10,774,386 | $3,680,049 |
Ohr Hatorah Bergenfield, NJ | $360,051 | $2,967,951 |
Hope Of The World Inc Lodi, NJ | $12,182,148 | $5,479,130 |
American Friends Of Netiv Aryeh Inc Monsey, NY | $174,267 | $2,714,241 |
Turning Point Brooklyn Inc Brooklyn, NY | $2,563,430 | $1,977,308 |
Church Of Bible Understanding Scranton, PA | $14,969,053 | $1,769,760 |
Pittsburgh Kids Foundation Inc Pittsburgh, PA | $856,715 | $2,315,797 |
Eagles Wings International Inc Clarence, NY | $2,162,007 | $2,431,400 |