Faithx Project Inc
- Assets
- $146.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Germantown, MD
- Founding
- 01/2017
- Data as of
- 12/2021
- EIN
- 81-4488713
Organization Overview
Faithx Project Inc is located in Germantown, MD. The organization was established in 2017. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Faithx Project 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 12/2021, Faithx Project Inc generated $135.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 22.5% each year . All expenses for the organization totaled $123.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $425 |
| Total Program Service Revenue | $134,518 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $135,174 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,690 |
| Professional fees and other payments to independent contractors | $47,821 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,978 |
| Other expenses | $11,241 |
| Total expenses | $123,730 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,853 |
| Other assets | $0 |
| Total assets | $146,853 |
| Total liabilities | $107,174 |
| Net assets or fund balances | $39,679 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Faithx Project Inc has recieved totaling $10.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10 |
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