Kingdom Beats Inc
- Assets
- $178.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vienna, IL
- Founding
- Data as of
- 12/2022
- EIN
- 84-4343022
Organization Overview
Kingdom Beats Inc is located in Vienna, IL. According to its NTEE Classification (X80) the organization is classified as: Religious Media & Communications, 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. Kingdom Beats 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, Kingdom Beats Inc generated $62.9k 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 (10.0%) each year. All expenses for the organization totaled $29.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
COMMUNITY SUPPORT FROM PROCEEDS OF PRODUCTION REVENUE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victoria Bert CFO | 25 | $0 | |
Bryan Bert CEO | 25 | $3,968 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,153 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,618 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,932 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $4,272 |
| Professional fees and other payments to independent contractors | $2,591 |
| Occupancy, rent, utilities, and maintenance | $9,202 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $13,698 |
| Total expenses | $29,763 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,855 |
| Other assets | $0 |
| Total assets | $178,617 |
| Total liabilities | $0 |
| Net assets or fund balances | $178,617 |