Spiritventure Ministries Inc
- Assets
- $5.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Absecon, NJ
- Founding
- 12/1993
- Data as of
- 12/2023
- EIN
- 55-0724980
Organization Overview
Spiritventure Ministries Inc is located in Absecon, NJ. 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. Spiritventure 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, Spiritventure Ministries Inc generated $25.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (26.7%) each year. All expenses for the organization totaled $23.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (21.8%) per year over the past 5 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 |
|---|---|---|---|
Dr Leonard I Sweet President | 10 | $0 | |
Evelynn S Caterson Treasurer & Vice President | 8 | $0 | |
Rev Landrum Leavell Trustee | 2 | $0 | |
Stephan Joubert Trustee | 2 | $0 | |
Mark Pierson Trustee | 2 | $0 | |
Soren Sweet Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,746 |
| Total Program Service Revenue | $23,500 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,246 |
| 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 | $21,011 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $27 |
| Other expenses | $2,742 |
| Total expenses | $23,780 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,075 |
| Other assets | $0 |
| Total assets | $5,301 |
| Total liabilities | $0 |
| Net assets or fund balances | $5,301 |