New Life Baptist Church Of Framingham Inc
- Assets
- $54.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Framingham, MA
- Founding
- 08/2016
- Data as of
- 12/2021
- EIN
- 46-2158071
Organization Overview
New Life Baptist Church Of Framingham Inc is located in Framingham, MA. The organization was established in 2016. 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. New Life Baptist Church Of Framingham 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 Baptist Church Of Framingham Inc generated $151.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $163.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) 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
WEEKLY WORSHIP SERVICES, SPECIAL TEACHING CONFERENCES, YOUTH OUTREACH AND SUNDAY BIBLE SCHOOL.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,311 |
| 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 | $151,311 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $58,701 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $69,636 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,911 |
| Total expenses | $163,248 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,899 |
| Other assets | $0 |
| Total assets | $54,723 |
| Total liabilities | $14,800 |
| Net assets or fund balances | $39,923 |
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