Liberating Word Ministries
- Assets
- $18.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clinton Township, MI
- Founding
- 11/2002
- Data as of
- 12/2021
- EIN
- 71-0886922
Organization Overview
Liberating Word Ministries is located in Clinton Township, MI. The organization was established in 2002. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Liberating Word 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 12/2021, Liberating Word Ministries generated $63.2k 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 (7.8%) each year. All expenses for the organization totaled $59.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 5 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
ENCOURAGE AND CHALLENGE BELIEVERS AND CHURCH LEADERS THROUGH TEACHINGS FROM GODS WORD
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard Gardner Secretary | 20 | $0 | |
Charles Anderson Director | 2 | $0 | |
William Smith Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,856 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $52,348 |
| Total Revenue | $63,204 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $54,183 |
| Professional fees and other payments to independent contractors | $2,100 |
| Occupancy, rent, utilities, and maintenance | $813 |
| Printing, publications, postage, and shipping | $1,721 |
| Other expenses | $549 |
| Total expenses | $59,366 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $18,908 |
| Other assets | $0 |
| Total assets | $18,908 |
| Total liabilities | $0 |
| Net assets or fund balances | $18,908 |
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