Rhema Project
- Assets
- $294.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Paragon, IN
- Founding
- 10/2019
- Data as of
- 12/2022
- EIN
- 81-5274421
Organization Overview
Rhema Project is located in Paragon, IN. The organization was established in 2019. According to its NTEE Classification (Q30) the organization is classified as: International Development, 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. Rhema Project 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, Rhema Project generated $47.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $28.7k during the year ending 12/2022. 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
PHASE 1 OF BUILDING ORPHANAGE
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,915 |
| 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 | $47,915 |
| 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 | $750 |
| Occupancy, rent, utilities, and maintenance | $25,885 |
| Printing, publications, postage, and shipping | $1,969 |
| Other expenses | $118 |
| Total expenses | $28,722 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,384 |
| Other assets | $0 |
| Total assets | $294,018 |
| Total liabilities | $0 |
| Net assets or fund balances | $294,018 |