Filling His Nets Ministry
- Assets
- $241.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mayfield, KY
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 32-0059389
Organization Overview
Filling His Nets Ministry is located in Mayfield, KY. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Filling His Nets Ministry 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 12/2021, Filling His Nets Ministry generated $68.2k 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 (13.0%) each year. All expenses for the organization totaled $74.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.7%) 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 |
|---|---|---|---|
Richard Browning President/founder | 30 | $0 | |
Sherry Browning Secretary | 30 | $0 | |
Wayne Rambo Vice President | 0.2 | $0 | |
Gary Cavitt Treasurer | 0.25 | $0 | |
Nelson Browning Board Member | 0.25 | $0 | |
Randall Boyd Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,941 |
| Total Program Service Revenue | $20,206 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,029 |
| Total Revenue | $68,176 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,743 |
| Professional fees and other payments to independent contractors | $534 |
| Occupancy, rent, utilities, and maintenance | $20,089 |
| Printing, publications, postage, and shipping | $101 |
| Other expenses | $48,786 |
| Total expenses | $74,253 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,643 |
| Other assets | $0 |
| Total assets | $241,770 |
| Total liabilities | $1,232 |
| Net assets or fund balances | $240,538 |
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Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
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