Women Of Valor Ministries Inc is located in Hagerstown, MD. The organization was established in 2009. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Women Of Valor Ministries Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Women Of Valor 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 12/2022, Women Of Valor Ministries Inc generated $154.6k 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 (5.6%) each year. All expenses for the organization totaled $101.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
MISSION: HELP PEOPLE THRIVE IN LIFE AND BUSINESS.THE ORGANIZATION IS A CHRISTIAN PUBLIC CHARITY WHO PROVIDES COACHING AND ONLINE TRAINING TO HELP INDIVIDUALS REACH THEIR GOALS. ASSIST INDIVIDUALS WITH CONCERNS OR STRUGGLES RELATING TO MARRIAGE, PARENTING, FINANCES, LEGAL COMPLICATIONS, DEPRESSION, SUBSTANCE ABUSE, OR OTHER JOB AND LIFE STRESSES. WE ALSO PROVIDE SPECIALIZED COACHING, INSTRUCTION, AND DEVELOPMENT OPTIONS TARGETED TO SMALL BUSINESSES AND NONPROFITS' SPECIFIC NEEDS. ALL SERVICES ARE PROVIDED WITHOUT DISCRIMINATION OF ANY KIND.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION FOCUSES ON SERVING THE NEEDS OF INDIVIDUALS WITHIN WASHINGTON COUNTY TO THRIVE IN LIFE AND BUSINESS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shephen Hartt President | OfficerTrustee | 2 | $0 |
Steven Wriston Vice President | OfficerTrustee | 2 | $0 |
Lori A Wriston Executive Director | OfficerTrustee | 40 | $32,600 |
Rebekah Hartt Secretary | OfficerTrustee | 2 | $0 |
Dennis Whitmore Treasurer | OfficerTrustee | 2 | $0 |
Candi Skipper Member | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $61,061 |
All other contributions, gifts, grants, and similar amounts not included above | $78,648 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $139,709 |
Total Program Service Revenue | $9,375 |
Investment income | $520 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $5,000 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $154,604 |
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. | $32,600 |
Compensation of current officers, directors, key employees. | $1,630 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $29,504 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,750 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $505 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $1,119 |
Office expenses | $1,164 |
Information technology | $3,983 |
Royalties | $0 |
Occupancy | $18,830 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $75 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,814 |
Insurance | $2,542 |
All other expenses | $244 |
Total functional expenses | $101,479 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $88,654 |
Savings and temporary cash investments | $48 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
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 | $5,700 |
Investments—publicly traded securities | $37,295 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $131,697 |
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 | $79,325 |
Net assets with donor restrictions | $52,372 |
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 | $0 |
Total liabilities and net assets/fund balances | $131,697 |