Worth Love Ministries Inc is located in Dallas, TX. The organization was established in 2013. 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. Worth Love Ministries 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 12/2020, Worth Love Ministries Inc generated $50.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $51.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 5 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
2020
Describe the Organization's Program Activity:
Part 3
BIBLE STUDIES, OUTREACH, TRAINING
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christy Carlson Co-President | 10 | $8,175 | |
Carl Philip Carlson Co-President | 40 | $8,175 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $50,092 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $50,092 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $17,285 |
Professional fees and other payments to independent contractors | $300 |
Occupancy, rent, utilities, and maintenance | $14,951 |
Printing, publications, postage, and shipping | $302 |
Other expenses | $18,114 |
Total expenses | $50,952 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $2,931 |
Other assets | $0 |
Total assets | $14,989 |
Total liabilities | $0 |
Net assets or fund balances | $14,989 |
Over the last fiscal year, we have identified 1 grants that Worth Love Ministries Inc has recieved totaling $9.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $9 |
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