Acts 10-38 Ministries Inc
- Assets
- $70.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Laurel, MD
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 81-5194640
Organization Overview
Acts 10-38 Ministries Inc is located in Laurel, 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. Acts 10-38 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 12/2021, Acts 10-38 Ministries Inc generated $26.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $30.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paulette Mpouma Vice President | 2 | $0 | |
Eniolade Williams President | 20 | $0 | |
Olayinka Williams-Taiwo Secretary | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,705 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,518 |
| Total Revenue | $26,223 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $20,710 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,374 |
| Total expenses | $30,584 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,983 |
| Other assets | $0 |
| Total assets | $70,527 |
| Total liabilities | $24,409 |
| Net assets or fund balances | $46,118 |
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