Rivers Of New Life Foundation Inc
- Assets
- $171.8k
- Revenue
- $19.5k
- Investments
- $171.1k
- Employees
- 0
- Location
- Brandon, FL
- Founding
- 09/2000
- Data as of
- 12/2021
- EIN
- 59-3611509
Organization Overview
Rivers Of New Life Foundation Inc is located in Brandon, FL. The organization was established in 2000. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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. Rivers Of New Life Foundation 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, Rivers Of New Life Foundation Inc generated $19.5k 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 (9.2%) each year. All expenses for the organization totaled $40.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Rivers Of New Life Foundation Inc has awarded 80 individual grants totaling $310,825. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Schilling Andrews Director | 0 | $0 | |
Linda R Schilling Director | 0 | $0 | |
Thomas A G Schilling Director | 0 | $0 | |
Rebecca S Mcdaniels Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,541 |
| 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 | $0 |
| Total Revenue | $19,541 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $180 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,031 |
| Contributions, gifts, grants paid | $35,200 |
| Total expenses and disbursements | $40,231 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $700 |
| 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 | $5,046 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $171,773 |
| 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 | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rivers Of New Life Foundation Inc has awarded $35,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
WYCLIFFE ASSOCIATES PURPOSE: FOR GENERAL FUND TO SUPPORT MINISTRY | $10,000 |
Lakeland, FL PURPOSE: FOR GENERAL FUND TO SUPPORT MINISTRY | $5,000 |
Tampa, FL PURPOSE: FOR GENERAL FUND TO SUPPORT MINISTRY | $5,000 |
Buchanan, MI PURPOSE: FOR GENERAL FUND TO SUPPORT MINISTRY | $5,000 |
FRIENDS OF ISRAEL PURPOSE: FOR GENERAL FUND TO SUPPORT MINISTRY | $3,000 |
CHOICES CLINICS PURPOSE: FOR GENERAL FUND TO SUPPORT MINISTRY | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Florida Methodist Foundation Inc Lakeland, FL | $285,393,023 | $7,279,427 |
Heart For Africa Inc Roswell, GA | $1,675,421 | $4,060,144 |
Foundation Of The Holy Apostles Inc Atlanta, GA | $31,152,603 | $274,998 |
Christian Community Foundation Of South Florida Inc Fort Lauderdale, FL | $1,841,361 | $1,712,430 |
Countryside Cares Inc Clearwater, FL | $1,000 | $1,309,043 |
Covenant Community Inc Atlanta, GA | $1,600,874 | $1,029,941 |
Alliance Ministries Birmingham, AL | $249,825 | $771,024 |
Turkish Friends Of Chabad Inc Miami Beach, FL | $6,754,038 | $1,210,708 |
Bishop Gray Retirement Foundation Inc Winter Park, FL | $16,024,048 | $609,045 |
Stegall Seminary Scholarshipendowment Foundation Montgomery, AL | $7,939,280 | $688,672 |
Susie And Alan B Levan Family Foundation Inc Fort Lauderdale, FL | $2,829,416 | $455,121 |
Italy For Christ Kennesaw, GA | $128,186 | $441,551 |