Barnabas Ministries
- Assets
- $8.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Omaha, NE
- Founding
- 06/1976
- Data as of
- 06/2024
- EIN
- 51-0191904
Organization Overview
Barnabas Ministries is located in Omaha, NE. The organization was established in 1976. 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. Barnabas 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 06/2024, Barnabas Ministries generated $36.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $59.7k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (16.4%) per year over the past 4 years. 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 |
|---|---|---|---|
Dale Frimodt Executive Director | 15 | $15,000 | |
Barry Hanson Director | 0 | $0 | |
Michael Schoening Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $36,030 |
| Total Program Service Revenue | $125 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $36,155 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $51,900 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,260 |
| Printing, publications, postage, and shipping | $366 |
| Other expenses | $6,189 |
| Total expenses | $59,715 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,567 |
| Other assets | $0 |
| Total assets | $8,567 |
| Total liabilities | $0 |
| Net assets or fund balances | $8,567 |