Relief Network Ministries Inc
- Assets
- $112.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- League City, TX
- Founding
- 02/2002
- Data as of
- 12/2022
- EIN
- 76-0678774
Organization Overview
Relief Network Ministries Inc is located in League City, TX. The organization was established in 2002. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Relief Network Ministries 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 12/2022, Relief Network Ministries Inc generated $125.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $131.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 8 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
WE HAVE HAD A PHENOMENAL YEAR WITH RECORD SUCCESSES DESPITE THE INITIAL DISAPPOINTMENTS ON TWO DEEP WELL FAILURES DUE TO BAD FORMATION AND UNDERGROUND WATER RUN-OFFS. IN 2018 WE DID 28 WATER PROJECTS IN 2 COUNTRIES - CONSISTING OF 10 REHABS AND 18 NEW WELLS. WE ALSO SURVEYED SOME 22 NEW SITES SOME OF WHICH WE HAVE ALREADY DRILLED SUCCESSFULLY, AND SEVERAL MORE REMAINING TO DO AS FUNDS BECOME AVAILABLE. OVERALL, WE HAD SOME 350 PROFESSIONS OF FAITH IN CHRIST AS WE SHARE THE GOSPEL WITH THE LIVING WATER. 6 OF THESE NEW WELLS WERE DONE IN NIGER REPUBLIC, AND 12 DONE IN NIGERIA - AS FOLLOWS: 4 IN ABIA- UMUAHIA AREA, 1 IN ANAMBRA, 1 IN BENUE, AND 1 IN ABUJA, BELOW WE SUMMARIZE THE PROJECTS BY ZONES. 3 PROJECTS WERE NEAR ABA IN ABIA STATE, AND 2 PROBLEM DEEP WELLS NEAR OHAFIA ALSO IN ABIA STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ambrose S O Okorie President / Founder | 32 | $19,200 | |
Michael D Smith Secretary | 2 | $0 | |
Cyril E Okeke Treasurer | 3 | $0 | |
Emile Chuck Toups Director - Strategy And Planning | 2 | $0 | |
David Durkin Director V-Ten | 2 | $0 | |
Lisa Kurrass Board Co-Chair/events Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,238 |
| Total Program Service Revenue | $2,210 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,525 |
| Other Revenue | $0 |
| Total Revenue | $124,973 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,600 |
| Professional fees and other payments to independent contractors | $20,473 |
| Occupancy, rent, utilities, and maintenance | $12,000 |
| Printing, publications, postage, and shipping | $1,650 |
| Other expenses | $23,441 |
| Total expenses | $131,414 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,831 |
| Other assets | $0 |
| Total assets | $112,330 |
| Total liabilities | $51,111 |
| Net assets or fund balances | $61,219 |