New Life Ministries Of Southwest Florida Inc is located in Arcadia, FL. The organization was established in 1984. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, New Life Ministries Of Southwest Florida Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Life Ministries Of Southwest Florida 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, New Life Ministries Of Southwest Florida Inc generated $150.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $138.3k during the year ending 12/2021. While expenses have increased by 2.2% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ENTITY IS A CHURCH ORGANIZATION THAT ASSISTS IN SPREADING THE CHRISTIAN GOSPEL AND ASSISTING INDIVIDUALS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHURCH OPERATIONS IN SPREADING THE CHRISTIAN GOSPEL AND ASSISTING INDIVIDUALS WITH PHYSICAL, MENTAL, SOCIAL AND SPIRITUAL NEEDS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kenneth T Everhart President | OfficerTrustee | 40 | $11,062 |
Diana D Everhart Vice Preside | OfficerTrustee | 40 | $10,650 |
Jason Wade Trustee | Trustee | 40 | $6,500 |
Donna D Wade Treasurer | OfficerTrustee | 40 | $3,900 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $120,731 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $120,731 |
Total Program Service Revenue | $0 |
Investment income | $300 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $29,877 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $150,908 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $16,720 |
Grants and other assistance to domestic individuals. | $2,200 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $32,112 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,300 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $2,556 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $695 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $518 |
Office expenses | $614 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $20,268 |
Travel | $874 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $4,169 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $26,688 |
Insurance | $13,939 |
All other expenses | $0 |
Total functional expenses | $138,332 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $21,476 |
Savings and temporary cash investments | $0 |
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 | $238,450 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $259,926 |
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 | $136,296 |
Unsecured mortgages and notes payable | $64,258 |
Other liabilities | $0 |
Total liabilities | $200,554 |
Net assets without donor restrictions | $59,372 |
Net assets with donor restrictions | $0 |
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 | $259,926 |
Over the last fiscal year, New Life Ministries Of Southwest Florida Inc has awarded $12,320 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CFI | | | $6,500 |
PHILLIPINES | | | $5,820 |
Organization Name | Assets | Revenue |
---|---|---|
The Rethink Group Inc Cumming, GA | $5,968,451 | $26,130,363 |
Vision Baptist Missions Inc Alpharetta, GA | $4,755,365 | $10,893,530 |
World Outreach Ministries Inc Kennesaw, GA | $2,301,447 | $10,553,778 |
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Lighthouse Gospel Mission Inc Riverview, FL | $956,099 | $6,409,452 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Learning Empowered Inc St Petersburg, FL | $2,480,728 | $4,768,957 |
21st Century Ministries Inc Bradenton, FL | $1,525,100 | $4,748,464 |
Celebration Inc Alpharetta, GA | $12,143,937 | $5,388,788 |