Life Waters Ministries International Inc is located in Clifton, VA. The organization was established in 2020. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Life Waters Ministries International 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, Life Waters Ministries International Inc generated $40.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $30.6k during the year ending 12/2023. While expenses have increased by 17.1% 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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James G Johnson President | 40 | $3,500 | |
Phyllis M Imes Secretary | 4 | $0 | |
Marcia High Treasurer | 4 | $0 | |
Tercolia Reaves Director | 4 | $0 | |
Rev Dr Lakithia Chapman Voting Member | 4 | $0 | |
Dr Neglethea Johnson Voting Member | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $43,846 |
Total Program Service Revenue | $988 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$6,290 |
Other Revenue | $1,596 |
Total Revenue | $40,140 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,000 |
Salaries, other compensation, and employee benefits | $3,500 |
Professional fees and other payments to independent contractors | $550 |
Occupancy, rent, utilities, and maintenance | $1,590 |
Printing, publications, postage, and shipping | $67 |
Other expenses | $23,884 |
Total expenses | $30,591 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $68,394 |
Other assets | $0 |
Total assets | $68,394 |
Total liabilities | $10,089 |
Net assets or fund balances | $58,305 |