First Asian Baptist Church is located in Haddonfield, NJ. The organization was established in 1955. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. First Asian Baptist Church 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, First Asian Baptist Church generated $14.9k 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 (12.6%) each year. All expenses for the organization totaled $13.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (15.9%) per year over the past 7 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
RELIGIOUS SERVICES AND EVENTS FOR COMMUNITY, INCLUDING VAN TRANSPORTAION; YOUTH EXPENSES AND MISSION SUPPORT
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $14,861 |
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 | $14,861 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $485 |
Salaries, other compensation, and employee benefits | $2,200 |
Professional fees and other payments to independent contractors | $522 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $9,790 |
Total expenses | $12,997 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,046 |
Other assets | $0 |
Total assets | $5,046 |
Total liabilities | $0 |
Net assets or fund balances | $5,046 |
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