Theresa Settles Ministries
- Assets
- $242.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lansdowne, PA
- Founding
- 10/2009
- Data as of
- 12/2019
- EIN
- 27-0478941
Organization Overview
Theresa Settles Ministries is located in Lansdowne, PA. The organization was established in 2009. 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. Theresa Settles 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 12/2019, Theresa Settles Ministries generated $48.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (6.6%) each year. All expenses for the organization totaled $27.1k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 3 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 |
|---|---|---|---|
Julian Settles Board Member | 2 | $0 | |
Pearl Hall Ragin Board Member | 1 | $0 | |
Barbara Gordon Treasurer | 2 | $0 | |
Cassandra Hill Secretary | 2 | $0 | |
Kelvin Settles Board Member | 1 | $0 | |
Conswella Harvey Vice President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,396 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $30,000 |
| Total Revenue | $48,396 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $2,394 |
| Printing, publications, postage, and shipping | $572 |
| Other expenses | $23,278 |
| Total expenses | $27,094 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,205 |
| Other assets | $0 |
| Total assets | $242,222 |
| Total liabilities | $162,920 |
| Net assets or fund balances | $79,302 |