True Light Shines Ministries Inc
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wake Forest, NC
- Founding
- 03/2009
- Data as of
- 06/2023
- EIN
- 26-3429648
Organization Overview
True Light Shines Ministries Inc is located in Wake Forest, NC. The organization was established in 2009. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. True Light Shines 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, True Light Shines Ministries Inc generated $140.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $123.7k during the year ending 06/2023. While expenses have increased by 10.1% per year over the past 8 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
A SCHOOL TEACHING GRADES K-12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Maclaren President | 40 | $39,600 | |
Nancy Maclaren Secretary | 10 | $0 | |
Thomas Atkisson Treasurer | 0 | $0 | |
John Thrift Board Member | 0 | $0 | |
Ruth Deatrich Board Member | 0 | $0 | |
Jennifer Revoir Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,088 |
| Total Program Service Revenue | $76,184 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $140,272 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $110,421 |
| Professional fees and other payments to independent contractors | $1,527 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $5,094 |
| Other expenses | $6,664 |
| Total expenses | $123,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $32,956 |
| Other assets | $0 |
| Total assets | $34,966 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,966 |