Willoughby International Ministries
- Assets
- $837.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Crandall, TX
- Founding
- 03/2019
- Data as of
- 12/2022
- EIN
- 82-4739922
Organization Overview
Willoughby International Ministries is located in Crandall, TX. 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. Willoughby International 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 12/2022, Willoughby International Ministries generated $95.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $94.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.5%) per year over the past 2 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 |
|---|---|---|---|
Bart Willoughby Director | 60 | $18,250 | |
Randy Hughes Director | 1 | $0 | |
John Earley Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,499 |
| 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 | $95,499 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $18,250 |
| Professional fees and other payments to independent contractors | $28,216 |
| Occupancy, rent, utilities, and maintenance | $17,000 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,201 |
| Total expenses | $94,667 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $837 |
| Other assets | $0 |
| Total assets | $837 |
| Total liabilities | $0 |
| Net assets or fund balances | $837 |