New Day Ministries
- Assets
- $702.7k
- Revenue
- $804.2k
- Investments
- $0.0
- Employees
- 11
- Location
- Louisville, KY
- Founding
- 06/2018
- Data as of
- 12/2022
- EIN
- 82-5402635
Organization Overview
New Day Ministries is located in Louisville, KY. The organization was established in 2018. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, New Day Ministries employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Day 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, New Day Ministries generated $804.2k in total revenue. All expenses for the organization totaled $326.0k during the year ending 12/2022. While expenses have increased by 74.4% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENGAGE, EDUCATE & EMPOWER YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMS TO HELP ENGAGE, EDUCATE AND EMPOWER THE YOUTH OF UNDERSERVED COMMUNITIES IN WEST LOUISVILLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toderick L Moore Executive Director | 40 | $68,500 | |
Robert Drake Director | Officer | 5 | $0 |
Randy Foster Vice President | Officer | 5 | $0 |
Andre Mitchell Director | Officer | 5 | $0 |
Stephen Harbin Treasurer | Officer | 5 | $0 |
David Overall Director | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $750,240 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $750,240 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $53,995 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $804,239 |
| 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. | $68,500 |
| Compensation of current officers, directors, key employees. | $34,250 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $78,898 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,671 |
| Payroll taxes | $15,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,070 |
| Advertising and promotion | $2,932 |
| Office expenses | $2,017 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,319 |
| Travel | $233 |
| 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 | $0 |
| Insurance | $814 |
| All other expenses | $17,333 |
| Total functional expenses | $325,955 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,278 |
| Savings and temporary cash investments | $500,004 |
| 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 | $8,417 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $702,699 |
| Accounts payable and accrued expenses | -$2,799 |
| 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 | $1 |
| Total liabilities | -$2,798 |
| Net assets without donor restrictions | $0 |
| 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 | $705,497 |
| Total liabilities and net assets/fund balances | $702,699 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that New Day Ministries has recieved totaling $204,772.
| Awarding Organization | Amount |
|---|---|
Organization Name not Listed PURPOSE: TRANSPORT VAN FOR SCHOOL AND GENERAL OPERATIONS | | $91,312 |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $65,000 |
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $27,710 |
Servant Foundation Overland Park, KS PURPOSE: COMMUNITY DEVELOPMENT | $10,750 |
Gheens Foundation Inc Louisville, KY PURPOSE: PROGRAMS TO HELP YOUTH OF UNDERSERVED COMMUNITIES IN WEST LOUISVILLE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Cook Workforce Partnership Chicago, IL | $32,171,643 | $83,286,997 |
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
Project Lead The Way Inc Indianapolis, IN | $104,347,608 | $65,462,690 |
Summit Academy Management Akron, OH | $25,217,091 | $45,520,259 |
Ohio Connections Academy Inc Mason, OH | $14,548,496 | $44,580,487 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
Lighthouse Academies Of Northwest Indiana Inc Gary, IN | $25,011,234 | $24,142,982 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Childrens Center For Developmental Enrichment Westerville, OH | $12,309,399 | $12,926,419 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |