Victorious Living Ministries International Inc
- Assets
- $43.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alcoa, TN
- Founding
- 06/1980
- Data as of
- 03/2022
- EIN
- 25-1367980
Organization Overview
Victorious Living Ministries International Inc is located in Alcoa, TN. The organization was established in 1980. 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. Victorious Living Ministries International 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 03/2022, Victorious Living Ministries International Inc generated $36.2k 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 (6.3%) each year. All expenses for the organization totaled $58.2k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Rev Melody L Lavin President | 50 | $400 | |
Rev Paul E Birt Vice President | 1 | $0 | |
Rev Jay Stillinger Trustee | 0.25 | $0 | |
Mr P Michael Lavin Treasurer | 10 | $0 | |
Mrs Julia Hoffner Corporate Secretary | 0.25 | $0 | |
Dr Rev Eric Scott Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,757 |
| 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 | $36,204 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $3,901 |
| Salaries, other compensation, and employee benefits | $27,981 |
| Professional fees and other payments to independent contractors | $75 |
| Occupancy, rent, utilities, and maintenance | $6,000 |
| Printing, publications, postage, and shipping | $5,736 |
| Other expenses | $14,462 |
| Total expenses | $58,155 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,823 |
| Other assets | $0 |
| Total assets | $43,791 |
| Total liabilities | $1,140 |
| Net assets or fund balances | $42,651 |
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