Olive Branch Ministries Inc
- Assets
- $125.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Corbin, KY
- Founding
- 02/2016
- Data as of
- 12/2022
- EIN
- 46-5731209
Organization Overview
Olive Branch Ministries Inc is located in Corbin, KY. The organization was established in 2016. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olive Branch 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 12/2022, Olive Branch Ministries Inc generated $117.3k in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $102.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scarlette Jasper President | 40 | $0 | |
Roger Jasper Vice Presidenttreasurer | 2 | $0 | |
Layla Jasper Secretary | 2 | $0 | |
Paul Sims Member | 5 | $0 | |
Tyler Birdwhistell Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $117,257 |
| 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 | $117,257 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $15,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $198 |
| Other expenses | $86,838 |
| Total expenses | $102,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $124,997 |
| Other assets | $0 |
| Total assets | $124,997 |
| Total liabilities | $0 |
| Net assets or fund balances | $124,997 |