Netsanet Ministries Inc

Organization Overview

Netsanet Ministries Inc is located in Ponte Vedra Beach, FL. The organization was established in 2017. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Netsanet 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, Netsanet Ministries Inc generated $285.3k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.0% each year . All expenses for the organization totaled $223.2k during the year ending 12/2022. While expenses have increased by 8.1% per year over the past 5 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

NETSANET MINISTRIES CARES FOR ORPHANS TO REUNIFY AND ASSIST IMPACTED FAMILIES IN ETHIOPIA.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NETSANET CARES FOR OVER 175 ABANDONED BABIES AND CHILDREN, MANY OF WHICH HAVE SPECIAL NEEDS. NETSANET PROVIDES A SAFE ENVIRONMENT, EDUCATION, AND PROPER NUTRITION IN A FAMILY STYLE ENVIRONMENT WITH 24 HOUR CARE. WE ALSO PROVIDE SPONSORSHIP TO OVER 150 FAMILIES PROVIDING FOOD, BLANKETS, AND RENT ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Suzanne Scheuble
Director
$0
Lynda Masulli
Board Member
$0
Laura Beverly
Board Member
$0
Daniel Scheuble
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$285,296
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$285,296
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $285,296

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