Life Waters Ministries International Inc
- Assets
- $50.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clifton, VA
- Founding
- 02/2020
- Data as of
- 12/2022
- EIN
- 84-3895501
Organization Overview
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 12/2022, Life Waters Ministries International Inc generated $49.6k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $30.5k during the year ending 12/2022. While expenses have increased by 23.2% per year over the past 3 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James G Johnson President | 40 | $3,500 | |
Marcia High Treasurer | 4 | $0 | |
Rev Dr Lakithia Chapman Voting Member | 4 | $0 | |
Phyllis M Imes Secretary | 4 | $0 | |
Dr Neglethea Johnson Voting Member | 4 | $0 | |
Tercolia Reaves Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $23,778 |
| Total Program Service Revenue | $628 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,249 |
| Other Revenue | $20,906 |
| Total Revenue | $49,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,500 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $1,424 |
| Printing, publications, postage, and shipping | $27 |
| Other expenses | $24,852 |
| Total expenses | $30,453 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,595 |
| Other assets | $0 |
| Total assets | $50,595 |
| Total liabilities | $2,140 |
| Net assets or fund balances | $48,455 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Life Waters Ministries International Inc has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Ayco Charitable Foundation Cohoes, NY PURPOSE: RELIGIOUS | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bell-Whitley Community Action Agency Inc Pineville, KY | $7,463,214 | $9,666,646 |
Union Mission Norfolk, VA | $19,076,349 | $10,467,458 |
Harford Community Action Agency Inc Edgewood, MD | $1,673,036 | $9,657,215 |
Hartwood Foundation Inc Fairfax, VA | $10,472,777 | $9,719,871 |
Greensboro Urban Ministry Greensboro, NC | $9,704,023 | $8,817,068 |
P3 Foundation Inc Charlotte, NC | $75,107,588 | $5,131,940 |
Family Resource Agency Inc Cleveland, TN | $3,123,531 | $9,293,392 |
Franklin Vance Warren Opportunity Henderson, NC | $4,057,269 | $9,956,290 |
Olivet Medical Ministry Inc Yorktown, VA | $5,086,470 | $8,947,962 |
Families U S A Foundation Inc Washington, DC | $37,749,314 | $9,369,992 |
Community Assistance Network Inc Baltimore, MD | $3,357,126 | $8,764,138 |
Housing Preservation Inc Memphis, TN | $40,176,409 | $5,595,751 |