Novel Approach Ministries Inc
- Assets
- $61.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Steamboat Springs, CO
- Founding
- 11/2019
- Data as of
- 12/2022
- EIN
- 82-2927766
Organization Overview
Novel Approach Ministries Inc is located in Steamboat Springs, CO. The organization was established in 2019. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Novel Approach 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, Novel Approach Ministries Inc generated $131.4k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.7% each year . All expenses for the organization totaled $177.2k during the year ending 12/2022. While expenses have increased by 38.8% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
NOVEL APPROACH SPREADS THE GOOD NEWS OF THE GOSPEL THROUGH-OUT COLORADO THROUGH THE FOLLOWING ACTIVITIES: FOR THE FOURTH YEAR, NOVEL APPROACH MINISTRIES WAS AGAIN HONORED TO HOST AWAKEN THE DAWN~TENT AMERICA FOR ALL OF THE YAMPA VALLEY, PROMOTING UNITY IN THE BODY OF CHRIST. THIS IS A GRASSROOTS JESUS MOVEMENT HAPPENING ALL ACROSS AMERICA FOR THE PURPOSE OF AWAKENING AND RE-ORIENTING THE NATION TO THE MANIFEST PRESENCE OF GOD. PRAISE GOD, DUE TO UPDATED COVID-19 RESTRICTIONS, WE WERE ABLE TO CONGREGATE AGAIN IN BIG TENTS, AND THE MOVEMENT WENT FORWARD WITH A PLAN TO COVER OUR NATION IN AN UNPRECEDENTED 365 DAY PROCESSION. WE WERE ABLE TO JOIN IN ON THIS HISTORIC MOMENT OF EXTENDING THE TORCH OF PRAYER, WORSHIP AND THE PROCLAMATION OF THE GOSPEL, AS WE SUCCESSFULLY GATHERED TOGETHER UNDER ONE TENT FOR 24 CONSECUTIVE HOURS LAST AUGUST AS WELL AS THIS SEPTEMBER IT WAS A JOYOUS OCCASION FOR ALL WHO ATTENDED UNDER THE BANNER OF "UNITY" WITH CONGREGATIONS OF MANY VARIED DENOMINATIONS PARTICIPATING FROM ALL ACROSS THE YAMPA VALLEY. PARTICIPATING IN WEEKLY INTERCESSION/PRAYER MEETING FOR THE GREATER COMMUNITY NEEDS. MINISTRY TO CAYA,(COME AS YOU ARE) A LOCAL YEAR-LONG FAITH BASED INTENSIVE, COMPREHENSIVE, RESIDENTIAL TREATMENT PROGRAM FOR WOMEN STRUGGLING WITH ALL FORMS OF ADDICTIONS OR FORMERLY INCARCERATED WOMEN. NOVEL APPROACH MINISTRIES IS PROVIDING PRAYER COVERING, SUPPORT TO STAFF, AND TEACHING THE RESIDENTS. SUPPORT FOR FCA INSTITUTED IN THE STEAMBOAT SPRINGS HIGH SCHOOL. PARTICIPATED IN NATIONAL DAY OF PRAYER AS ONE OF SEVERAL LOCAL MINISTERS, BEING ASKED TO SPEAK AND PRAY CORPORATELY FOR OUR COMMUNITY AT LARGE PROVIDING DELIVERANCE AND FOLLOW-UP MINISTRY/DISCIPLESHIP 1:1 TO THOSE IN NEED. PERSONAL ONE ON ONE MINISTRY OUTREACH, RECORDED OVER 300 HOURS IN SPITE OF BATTLING COVID-19. CONTINUING TO DISCIPLE/MINISTERING TO YOUNG MARRIED'S/YOUNG ADULT SINGLES GROUP THROUGH WEEKLY PRAYER/WORSHIP GATHERING. NOVEL APPROACH MINISTRIES, INC CONTINUES TO PROVIDE HANDS ON MINISTRY SUPPORT TO STAFF THROUGH THE AFFILIATE MINISTRY TEAM FOR BREAKING BONDS/CAYA, A RECOVERY/DISCIPLESHIP MINISTRY.THIS TEAM DISBANDED ENDING 2021 AND THE DIRECTIONAL TEAM TOOK OVER JANAUARY 2022. NOVEL APPROACH MINISTRIES, INC IS HONORED TO CONTINUE THE ROLE OF CHAPLAINCY FOR ANAZAO MD, A LOCAL HEALTH AND WELLNESS CLINIC.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Nichols Director/pre | 40 | $53,824 | |
Jeanne Fitzsimmons Director | 1 | $0 | |
Carol Peterson Director/sec | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,363 |
| 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 | $131,363 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $146,250 |
| Professional fees and other payments to independent contractors | $4,161 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $265 |
| Other expenses | $21,502 |
| Total expenses | $177,208 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,053 |
| Other assets | $0 |
| Total assets | $61,019 |
| Total liabilities | $0 |
| Net assets or fund balances | $61,019 |
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|---|---|---|
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Biblica Inc Colorado Springs, CO | $12,948,977 | $27,586,140 |
Health Ministries Clinic Inc Newton, KS | $19,446,224 | $22,871,961 |
Foundation For A Christian Civilization Inc Rossville, KS | $19,284,785 | $19,952,584 |
Neighborhood Ministries Inc Phoenix, AZ | $8,839,353 | $14,695,989 |
Community Bible Study Colorado Springs, CO | $19,076,306 | $12,975,441 |
Cadence International Englewood, CO | $9,762,190 | $12,602,895 |
Youth For Christ International Ministries Englewood, CO | $7,359,781 | $13,249,220 |