Light Bearers Ministries Inc
- Assets
- $72.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chester, VA
- Founding
- 11/1978
- Data as of
- 12/2022
- 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 12/2022, Light Bearers Ministries Inc generated $61.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $64.7k during the year ending 12/2022. While expenses have increased by 2.7% per year over the past 7 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 |
|---|---|---|---|
Janice Dale Vice President | 1 | $0 | |
Sandra Brosch Secretary | 1 | $0 | |
Rev Betty Hobbs President | 40 | $0 | |
Shirley Walls Treasurer | 2 | $0 | |
Lona Parr Director | 1 | $0 | |
Ken Godsey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,421 |
| 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 | $61,421 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $9,600 |
| Professional fees and other payments to independent contractors | $12,238 |
| Occupancy, rent, utilities, and maintenance | $10,953 |
| Printing, publications, postage, and shipping | $788 |
| Other expenses | $23,968 |
| Total expenses | $64,747 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,197 |
| Other assets | $0 |
| Total assets | $72,864 |
| Total liabilities | $0 |
| Net assets or fund balances | $72,864 |
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