First Fruits Ministries
- Assets
- $61.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Harpersville, AL
- Founding
- 11/2015
- Data as of
- 12/2022
- EIN
- 47-4590031
Organization Overview
First Fruits Ministries is located in Harpersville, AL. The organization was established in 2015. According to its NTEE Classification (P11) the organization is classified as: Single Organization Support, 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. First Fruits 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 12/2022, First Fruits Ministries generated $168.5k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $135.2k during the year ending 12/2022. While expenses have increased by 9.7% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Drennen President | 30 | $0 | |
Susan Miller Vice Preside | 1 | $0 | |
Chris Wilkerson Treasurer | 1 | $0 | |
Amy Butler Secretary | 1 | $0 | |
Sheryl Heen Director | 1 | $0 | |
Maria Lampley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $128,502 |
| Total Program Service Revenue | $40,042 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,544 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $28,099 |
| Professional fees and other payments to independent contractors | $26,266 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $145 |
| Other expenses | $80,729 |
| Total expenses | $135,239 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,847 |
| Other assets | $0 |
| Total assets | $61,847 |
| Total liabilities | $23,570 |
| Net assets or fund balances | $38,277 |