Young Adults Of Worth Ministries is located in Allen, TX. The organization was established in 2015. 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. Young Adults Of Worth 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, Young Adults Of Worth Ministries generated $8.9k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $9.5k during the year ending 12/2023. While expenses have increased by 4.5% per year over the past 2 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
THE ORGANIZATION CONDUCTS PROGRAMS TO ASSIST YOUNG CHRISTIAN ADULTS TO CONTINUE AND MATURE IN THEIR WALK WITH CHRIST AND TO REACH NON-BELIEVERS WITH THE LIFE CHANGING MESSAGE OF THE GOSPEL OF JESUS CHRIST.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kendall Leaman Pres/directo | 5 | $0 | |
Karen Leaman Vp/sec/dir | 5 | $0 | |
Bill Murphy Director | 1 | $0 | |
Kimmy Tan Director | 1 | $0 | |
Matthew Dickerson Director | 1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $8,838 |
Interest on Savings | $0 |
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 | $28 |
Other Income | $0 |
Total Revenue | $8,866 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $164 |
Printing and publications | $0 |
Other expenses | $4,528 |
Total operating and administrative expenses | $5,857 |
Contributions, gifts, grants paid | $3,604 |
Total expenses and disbursements | $9,461 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,457 |
Savings and temporary cash investments | $5 |
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 | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $20,462 |
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 |
Over the last fiscal year, Young Adults Of Worth Ministries has awarded $3,604 in support to 9 organizations.
Grant Recipient | Amount |
---|---|
RED LETTER BASICS PURPOSE: GENERAL SUPPORT | $1,263 |
COTTONWOOD CREEK CHURCH PURPOSE: SPONSORSHIP | $1,000 |
SALEM MEDIA GROUP PURPOSE: SPONSORSHIP | $750 |
CREDO HOUSE PURPOSE: GENERAL SUPPORT | $200 |
STAND TO REASON PURPOSE: GENERAL SUPPORT | $100 |
WATCHMAN FELLOWSHIP PURPOSE: GENERAL SUPPORT | $100 |