148 Ministries Inc is located in Nineveh, IN. The organization was established in 2018. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 148 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 12/2023, 148 Ministries Inc generated $80.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $69.5k during the year ending 12/2023. While expenses have increased by 9.5% per year over the past 2 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
HELP THE ABUSED AND ADDICTED BY PROVIDING WORKOUT AND WORSHIP SESSIONS IN RESIDENTIAL TREATMENT CENTERS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Storvick President | 0 | $0 | |
Amber Storvick Vice Preside | 0 | $0 | |
Amy Duerlinger Secretary | 0 | $0 | |
Darren Duerlinger Member | 0 | $0 | |
Tina Moe Treasurer | 0 | $0 | |
Beth Allman Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $59,958 |
Total Program Service Revenue | $14,758 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $5,929 |
Other Revenue | $0 |
Total Revenue | $80,645 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $47,768 |
Professional fees and other payments to independent contractors | $9,595 |
Occupancy, rent, utilities, and maintenance | $5,500 |
Printing, publications, postage, and shipping | $115 |
Other expenses | $6,473 |
Total expenses | $69,451 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $40,077 |
Other assets | $0 |
Total assets | $40,077 |
Total liabilities | $5,159 |
Net assets or fund balances | $34,918 |