Faith Indeed Foundation Inc is located in Madison, MS. The organization was established in 2003. 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. Faith Indeed 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 06/2022, Faith Indeed Foundation Inc generated $1.0k 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 (22.0%) each year. All expenses for the organization totaled $2.1k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S PURPOSE IS TO RAISE MONEY FOR NON PROFIT MISSIONS AND MINISTRIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mary Ann Spell Executive Director | 3 | $0 | |
Michael H Gladney Secretarytreasurer | 1 | $0 | |
Deborah G Logan Board Member | 3 | $0 | |
Harold Fisher Vice President | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,000 |
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 | $1,000 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $58 |
Total expenses | $2,058 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,890 |
Other assets | $0 |
Total assets | $5,890 |
Total liabilities | $0 |
Net assets or fund balances | $5,890 |
Organization Name | Assets | Revenue |
---|---|---|
Wiseheart Foundation Memphis, TN | $10,743,867 | $6,206,349 |
Global Ministries Foundation Cordova, TN | $20,808,133 | $5,793,917 |
Mississippi United Methodist Foundation Inc Ridgeland, MS | $147,699,774 | -$799,975 |
National Christian Charitable Foundation Inc Knoxville, TN | $13,653,760 | $2,866,277 |
Church Loan Fund Inc Cleveland, TN | $45,949,413 | $2,026,360 |
Back To Jerusalem Inc Laurel, MS | $888,036 | $1,572,378 |
Blood Water Mission Inc Nashville, TN | $1,496,326 | $2,219,618 |
Noah Arc Community Development Corporation Inc Minden, LA | $7,905,393 | $1,130,663 |
Alliance Ministries Birmingham, AL | $249,825 | $771,024 |
Hope For The World Foundation Inc Spring Hill, TN | $130,711 | $613,253 |
Stegall Seminary Scholarshipendowment Foundation Montgomery, AL | $7,939,280 | $688,672 |
South American Foreign Missions Inc Jonesville, LA | $530,076 | $465,072 |