Weremnant
- Assets
- $142.8k
- Revenue
- $258.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lutherville, MD
- Founding
- 05/2018
- Data as of
- 12/2022
- EIN
- 82-5379039
Organization Overview
Weremnant is located in Lutherville, MD. The organization was established in 2018. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Weremnant 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, Weremnant generated $258.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.3% each year . All expenses for the organization totaled $210.5k during the year ending 12/2022. While expenses have increased by 50.2% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FOCUS ON BUILDING OR MODERNIZING ORPHANAGES, SCHOOLS AND SUSTAINABLE FARMING FOR NEEDY COMMUNITIES USE OF FAITH-BASED PROGRAMS AND TO CONDUCT ANY LAWFUL BUSINESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEREMNANT UNDERTOOK THE FOLLOWING U.S. OPERATION IN 2021: UPGRADED ITS STUDIO TO PRODUCE HIGHER QUALITY TEACHING VIDEOS, BEGUN BUILDING WEREMNANT APP, CALLED REMNANTTRIBE, IN PERSON CONFERENCES, JUNE 12 AND OCTOBER 29, MINISTRY TO ORPHANAGE IN NY, ELEVEN ALL-NIGHT PRAYERS NO ALL-NIGHT PRAYER IN NOVEMBER AND COMPLETED YEAR 1 EMERGING PROPHET TRAINING IN KENYA, WEREMNANT, BEGUN BUILDING SCHOOL 3 IN KABULA, PLANNING FOR 150 STUDENTS, THREE TEACHERS, PROVERBS 22 SCHOOL IN LUUYAH, 126 STUDENTS, DAYCARE ? 4TH GRADE, FIVE TEACHERS, PSALM 41 SCHOOL IN CHEBOSI, 216 STUDENTS, DAYCARE 4TH GRADE, FIVE TEACHERS, WELLS-EIGHT WELLS DUG. OF THESE EIGHT, TWO ARE NOT OPERATIONAL. ONE IN MILO NEEDS TO BE FIXED, AND OTHER IN KABULA, RE-DIG AND BROUGHT ELECTRICITY TO THREE VILLAGES IN MALAWI-28 BABIES RESCUED AND FOSTERED IN VILLAGES CLOSE TO LILONGWE CITY. IN UGANDA- BUILDING CHILDREN?S ORPHANAGE OUTSIDE REFUGEE CAMP OUTSIDE MUHOKYA REFUGEE CAMP IN MUHOKYA TOWN CLOSE TO KESASA CITY, NOT TOO FAR FROM CONGO AND SENT 25 ORPHANS AND STREET CHILDREN TO PRIVATE SCHOOL IN ENTEBE FISHING VILLAGE. IN NAMIBIA-SUPPORTING JESUS CENTER SCHOOL BY HELPING TO PAY TEACHERS IN ARANOS IN LIBERIA - SUPPORT FOR SHEPARD?S HEARTBEAT ORPHANAGE IN LIBERIA IN ZIMBABWE, SUPPORTING ORPHANAGE IN MKOBA AND ZAMBIA IN LUSAKA WITH GROCERIES, SCHOOL SUPPLIES, AND OPERATING BILLS IN GHANA - SUPPORTING MISSIONARY IN GHANA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Temitope Blount President & CEO | Trustee | 0 | $0 |
Foyeke Daramola Vice President | Trustee | 0 | $0 |
Lonnard James Blount Chairman | Trustee | 0 | $0 |
Orlinda Mofaro Director | Trustee | 0 | $0 |
Danielle Blount Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $258,593 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $258,593 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $258,593 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,100 |
| Fees for services: Accounting | $2,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,149 |
| Office expenses | $5,813 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,597 |
| Travel | $1,649 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,041 |
| Insurance | $2,063 |
| All other expenses | $40,969 |
| Total functional expenses | $210,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,849 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $118,989 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $142,839 |
| Accounts payable and accrued expenses | $3,955 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $60,200 |
| Total liabilities | $64,155 |
| Net assets without donor restrictions | $78,684 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $142,839 |