Light Bearers Ministries Inc
- Assets
- $80.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chester, VA
- Founding
- 11/1978
- Data as of
- 12/2023
- EIN
- 51-0228164
Organization Overview
Light Bearers Ministries Inc is located in Chester, VA. The organization was established in 1978. According to its NTEE Classification (W80) the organization is classified as: Public Utilities, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Light Bearers 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 12/2023, Light Bearers Ministries Inc generated $70.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $62.6k during the year ending 12/2023. While expenses have increased by 3.4% 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 |
|---|---|---|---|
Rev Betty A Hobbs President | 40 | $0 | |
Janice Dale Vice President | 1 | $0 | |
Sandra P Brosch Secretary | 1 | $0 | |
Shirley Walls Treasurer | 2 | $0 | |
Lona Parr Director | 1 | $0 | |
Johnny Partin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,183 |
| 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 | $70,183 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,400 |
| Professional fees and other payments to independent contractors | $7,040 |
| Occupancy, rent, utilities, and maintenance | $4,111 |
| Printing, publications, postage, and shipping | $1,473 |
| Other expenses | $10,425 |
| Total expenses | $62,611 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,769 |
| Other assets | $0 |
| Total assets | $80,436 |
| Total liabilities | $0 |
| Net assets or fund balances | $80,436 |