Tapestry Of Love Ministries is located in Granite City, IL. The organization was established in 2017. According to its NTEE Classification (X19) the organization is classified as: Support 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. Tapestry Of Love Ministries 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 12/2023, Tapestry Of Love Ministries generated $169.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $209.1k during the year ending 12/2023. While expenses have increased by 22.0% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THROUGH CHARITABLE DONATIONS AND GRANTSWE CAN PROVIDE RELIGIOUS AND EDUCATIONAL NEEDSOUR FOCUS IS ON GUATEMALA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kara Denton Mendez President | 40 | $0 | |
Bethany Richards Treasurer | 10 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $162,365 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $7,552 |
Other Revenue | $0 |
Total Revenue | $169,918 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $35,963 |
Professional fees and other payments to independent contractors | $2,200 |
Occupancy, rent, utilities, and maintenance | $25,339 |
Printing, publications, postage, and shipping | $2,948 |
Other expenses | $142,622 |
Total expenses | $209,072 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $22,135 |
Other assets | $0 |
Total assets | $22,135 |
Total liabilities | $0 |
Net assets or fund balances | $22,135 |