Larry Balderson Gospel Ministries
- Assets
- $6.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glen Allen, VA
- Founding
- 03/2001
- Data as of
- 12/2017
- EIN
- 54-2004162
Organization Overview
Larry Balderson Gospel Ministries is located in Glen Allen, VA. The organization was established in 2001. 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. Larry Balderson Gospel 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 12/2017, Larry Balderson Gospel Ministries generated $40.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $40.4k during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 3 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 |
|---|---|---|---|
Garland Campbell Board Of Dir | 0 | $0 | |
Nathan Seaborn Board Of Dir | 0 | $0 | |
Larry Balderson President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,335 |
| 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 | $40,335 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $14,791 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,606 |
| Total expenses | $40,397 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,148 |
| Other assets | $0 |
| Total assets | $6,233 |
| Total liabilities | $19,148 |
| Net assets or fund balances | -$12,915 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Larry Balderson Gospel Ministries has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Eagle Charitable Trust San Luis Obispo, CA PURPOSE: FURTHER THE GOSPEL OF JESUS CHRIST | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |
Acca Inc Annandale Christian Community For Action Annandale, VA | $4,445,077 | $8,164,971 |
Love Worth Finding Ministries Inc Memphis, TN | $3,628,719 | $7,504,607 |
Cabarrus Cooperative Christian Ministry Inc Concord, NC | $3,832,033 | $7,565,999 |
G O Ministries Inc Louisville, KY | $3,216,170 | $6,018,777 |
Clover Garden School Inc Burlington, NC | $26,998,192 | $6,754,546 |
Christian Light Publications Inc Harrisonburg, VA | $15,496,794 | $6,422,762 |
Marc Group Inc Emp Ben Pl Hendersonville, NC | $202,500 | $5,540,252 |
Loudoun Hunger Relief Leesburg, VA | $4,570,067 | $6,272,637 |
Legacytree Foundation Brentwood, TN | $68,286,678 | $7,487,383 |