Word Indeed Ministries
- Assets
- $18.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dresher, PA
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 26-1932200
Organization Overview
Word Indeed Ministries is located in Dresher, PA. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Word Indeed 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 12/2022, Word Indeed Ministries generated $66.3k 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 (6.1%) each year. All expenses for the organization totaled $90.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.0%) 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 |
|---|---|---|---|
Peter Lytle Assistant Ministry Director | 5 | $0 | |
Lisa Sorensen President | 10 | $0 | |
David Channing Treasurer | 5 | $0 | |
Stephen Demoss Executive Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,314 |
| 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 | $66,314 |
| 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 | $5,121 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $694 |
| Other expenses | $22,481 |
| Total expenses | $90,884 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,037 |
| Other assets | $0 |
| Total assets | $18,037 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,037 |