Good News Renewal Ministry
- Assets
- $477.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jessup, MD
- Founding
- 11/2005
- Data as of
- 12/2022
- EIN
- 75-3136973
Organization Overview
Good News Renewal Ministry is located in Jessup, MD. The organization was established in 2005. 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. Good News Renewal Ministry 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 12/2022, Good News Renewal Ministry generated $13.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (52.0%) each year. All expenses for the organization totaled $15.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (47.8%) per year over the past 2 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
2022
Describe the Organization's Program Activity:
Part 3
BUYING BIBLE AND DISTRIBUTING IN ETHIOPIA, GIVING TRAINING IN DIFFERENT CHURCHES IN USA AND ETHIOPIA, AND BUYING DIFFERENT ELECTRONIC FROM US TO EQUIP THE SISTER MINISTRY IN ETHIOP
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,731 |
| 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 | $13,731 |
| 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 | $0 |
| Total expenses | $15,887 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $477 |
| Other assets | $0 |
| Total assets | $477 |
| Total liabilities | $0 |
| Net assets or fund balances | $477 |
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