Never Let Go Ministries
- Assets
- $62.4k
- Revenue
- $56.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Edgerton, OH
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 45-2451230
Organization Overview
Never Let Go Ministries is located in Edgerton, OH. The organization was established in 2014. According to its NTEE Classification (F21) the organization is classified as: Substance Abuse Prevention, under the broad grouping of Mental Health & Crisis Intervention and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Never Let Go 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 12/2023, Never Let Go Ministries generated $56.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $37.1k during the year ending 12/2023. While expenses have increased by 15.4% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATING PEOPLE ABOUT THE DANGERS OF ILLEGAL ADDICTIVE DRUGS AND ASSISTING FAMILIES IN FINDING HELP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Juarez Founder | 40 | $9,984 | |
Victor Juarez Co-Founder | 1 | $0 | |
Deanne Batterson Secretary | 1 | $0 | |
Lisa Nye President | 1 | $0 | |
Shawn Clifton Treasurer | 1 | $0 | |
Wendy Jennings Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,389 |
| Interest on Savings | $10 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $355 |
| Other Income | $28,472 |
| Total Revenue | $56,226 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $9,984 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $1,782 |
| Travel, conferences, and meetings | $1,319 |
| Printing and publications | $282 |
| Other expenses | $20,620 |
| Total operating and administrative expenses | $34,115 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $37,115 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,458 |
| Savings and temporary cash investments | $60,454 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $474 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $62,386 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Never Let Go Ministries has awarded $3,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOWLING GREEN STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $1,500 |
UNIVERSITY OF NOTRE DAME PURPOSE: SCHOLARSHIP | $500 |
TRINE UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |
THE OHIO STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $500 |