Kingdom Life Businesses Cdc
- Assets
- $44.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Williamsburg, VA
- Founding
- 08/2016
- Data as of
- 12/2022
- EIN
- 81-3374637
Organization Overview
Kingdom Life Businesses Cdc is located in Williamsburg, VA. The organization was established in 2016. 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. Kingdom Life Businesses Cdc 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, Kingdom Life Businesses Cdc generated $28.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $30.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 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
TO PROVIDE A SERVICE TO THE COMUNITY WHILE SIMULTANEOUSLY PROVIDING PART TIME EMPLOYMENT TO WOMEN IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Henry Wells Treasurer | 10 | $0 | |
Patrina Walker Manager | 40 | $0 | |
Lisa Custalow Board Member | 25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $41,388 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,388 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,594 |
| Professional fees and other payments to independent contractors | $334 |
| Occupancy, rent, utilities, and maintenance | $14,233 |
| Printing, publications, postage, and shipping | $1,661 |
| Other expenses | $0 |
| Total expenses | $30,822 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $1,031 |
| Other assets | $0 |
| Total assets | $44,720 |
| Total liabilities | $28,000 |
| Net assets or fund balances | $16,720 |