Vessells Of Grace Ministries Inc
- Assets
- $1.8k
- Revenue
- $18.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroeville, NJ
- Founding
- 08/2006
- Data as of
- 12/2021
- EIN
- 51-0585906
Organization Overview
Vessells Of Grace Ministries Inc is located in Monroeville, NJ. The organization was established in 2006. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vessells Of Grace 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 12/2021, Vessells Of Grace Ministries Inc generated $18.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $8.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (16.7%) per year over the past 4 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE FOOD AND OTHER ESSENTIAL ITEMS TO INDIVIDUALS UNABLE TO SUPPORT THEMSELVES AND PROVIDE FINANCIAL SUPPORT TO OTHER NON PROFIT ORGANIZATIONS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,799 |
| 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 | $0 |
| Other Income | $1,072 |
| Total Revenue | $18,871 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $480 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,930 |
| Total operating and administrative expenses | $8,410 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $8,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,773 |
| Savings and temporary cash investments | $0 |
| 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 | $1,773 |
| 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 | $607 |
| Total liabilities | $607 |
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