Independent Baptist Alliance Inc
- Assets
- $9.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Homosassa, FL
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 35-2110809
Organization Overview
Independent Baptist Alliance Inc is located in Homosassa, FL. The organization was established in 2000. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, 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. Independent Baptist Alliance 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 12/2021, Independent Baptist Alliance Inc generated $48.5k 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 (7.7%) each year. All expenses for the organization totaled $47.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
MAINTAIN ORGANIZATION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $48,540 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,540 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,117 |
| Professional fees and other payments to independent contractors | $960 |
| Occupancy, rent, utilities, and maintenance | $10,019 |
| Printing, publications, postage, and shipping | $4,427 |
| Other expenses | $18,086 |
| Total expenses | $47,609 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $418 |
| Other assets | $0 |
| Total assets | $8,984 |
| Total liabilities | $6,035 |
| Net assets or fund balances | $2,949 |
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