National Fellowship Of Ministries Inc
- Assets
- $28.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palmetto, GA
- Founding
- Data as of
- 12/2022
- EIN
- 85-0910307
Organization Overview
National Fellowship Of Ministries Inc is located in Palmetto, GA. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Fellowship Of Ministries 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, National Fellowship Of Ministries Inc generated $178.9k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 33.0% each year . All expenses for the organization totaled $157.8k during the year ending 12/2022. While expenses have increased by 23.7% per year over the past 2 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE PURPOSE OF THIS CORPORATION IS TO ACT AS A PUBLIC CHARITY, BY TRANSFORMING CULTURE THROUGH THE ARTS. THIS CORPORATION IS ORGANIZED PURSUANT TO THE GEORGIA NONPROFIT CORPORATION ACT AND DOES NOT CONTEMPLATE PECUNIARY GAIN OR PROFIT TO MEMBERS THEREOF AND IS ORGANIZED FOR NONPROFIT PURPOSES. THIS CORPORATION IS ORGANIZED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, AND EDUCATIONAL PURPOSES, INCLUDING FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THIS CORPORATION SHALL NOT, EXCEPT TO AN INSUBSTANTIAL DEGREE, ENGAGE IN ANY ACTIVITY OR EXERCISE ANY POWERS THAT ARE NOT IN FURTHERANCE OF CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, OR EDUCATIONAL PURPOSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Olson Director | 1 | $0 | |
Fred Olson Director | 1 | $0 | |
Lance Campbell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $124,169 |
| Total Program Service Revenue | $54,772 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $178,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $103,585 |
| Professional fees and other payments to independent contractors | $19,610 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,641 |
| Total expenses | $157,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,452 |
| Other assets | $0 |
| Total assets | $28,452 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,452 |