Lavished Ministries
- Assets
- $85.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Panama City, FL
- Founding
- 05/2017
- Data as of
- 12/2021
- EIN
- 81-2745065
Organization Overview
Lavished Ministries is located in Panama City, FL. The organization was established in 2017. According to its NTEE Classification (X01) the organization is classified as: Alliances & Advocacy, 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. Lavished 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, Lavished Ministries generated $139.3k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $100.5k during the year ending 12/2021. While expenses have increased by 12.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
30 VICTIMS GIVEN FINANCIAL ASSISTANCEOVER 2,500 OUTREACH GIFTS PROVIDEDOVER 1,000 BUYERS OF SEX REACHEDOVER 1000 PEOPLE EDUCATED HOW TO SPOT AND STOP HUMAN TRAFFICKING
30 VICTIMS GIVEN FINANCIAL ASSISTANCEOVER 2,500 OUTREACH GIFTS PROVIDEDOVER 1,000 BUYERS OF SEX REACHEDOVER 1000 PEOPLE EDUCATED HOW TO SPOT AND STOP HUMAN TRAFFICKING
30 VICTIMS GIVEN FINANCIAL ASSISTANCEOVER 2,500 OUTREACH GIFTS PROVIDEDOVER 1,000 BUYERS OF SEX REACHEDOVER 1000 PEOPLE EDUCATED HOW TO SPOT AND STOP HUMAN TRAFFICKING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Phillips President | 40 | $0 | |
Rachel Dent Secretary | 0 | $0 | |
Skip Orth Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $139,281 |
| 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 | $139,281 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $32,471 |
| Professional fees and other payments to independent contractors | $19,542 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,940 |
| Other expenses | $39,977 |
| Total expenses | $100,460 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $83,855 |
| Other assets | $0 |
| Total assets | $85,479 |
| Total liabilities | $33 |
| Net assets or fund balances | $85,446 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lavished Ministries has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Conservative Clergy Of Color Inc Tampa, FL | $12,893 | $877,668 |
Faith In Action Alabama Birmingham, AL | $883,569 | $421,768 |
Bethesda Recovery Inc Waycross, GA | $1,260,794 | $214,482 |
Cooper Family Foundation Birmingham, AL | $3,674,701 | $2,683,241 |
Episcopalians For Global Reconciliation Brandon, FL | $22,963 | $0 |
Streams In The Desert International Inc Tarpon Springs, FL | $56,500 | $0 |
Lionheart Ministry Inc Naples, FL | $347,155 | $139 |
Healed Under Gods Graces Ministries Inc Port Saint Lucie, FL | $116,161 | $0 |
Lavished Ministries Panama City, FL | $85,479 | $0 |
Torah Advancement Program Inc Hollywood, FL | $0 | $0 |
International Mission Partners Inc Miramar Beach, FL | $17,171 | $0 |
The Refuge Of Clearwater Inc Clearwater, FL | $202,727 | $74,593 |