Arisen Corporation
- Assets
- $274.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Grantsville, MD
- Founding
- 07/1993
- Data as of
- 12/2021
- EIN
- 52-1812610
Organization Overview
Arisen Corporation is located in Grantsville, MD. The organization was established in 1993. 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. Arisen Corporation 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, Arisen Corporation generated $140.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $145.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CHRISTIAN GOSPEL SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Colisino President | 40 | $36,278 | |
Tim Colisino V Pres/secretary | 40 | $0 | |
Dr John Polis Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,774 |
| 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 | $140,774 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $73,758 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $13,096 |
| Printing, publications, postage, and shipping | $1,071 |
| Other expenses | $57,568 |
| Total expenses | $145,493 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,838 |
| Other assets | $0 |
| Total assets | $274,833 |
| Total liabilities | $68,837 |
| Net assets or fund balances | $205,996 |
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