Channel Of Love Ministries is located in Port Orchard, WA. The organization was established in 1996. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Channel Of Love 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 12/2021, Channel Of Love Ministries generated $180.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $168.6k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
THE MINISTRY CONDUCTS SERVICES AND OUTREACHES AT VARIOUS LOCATIONS WITHIN THE UNITED STATES. ADDITIONALLY THE MINISTRY SUPPORTS OTHER OUTREACH ORGANIZATIONS THROUGH DIRECT CONTRIBUTIONS AND COMBINED PROGRAMS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Marty Pearce Vice President | 40 | $22,575 | |
Joan Souza Pearce President CEO | 60 | $0 | |
Carrie Hinterberger Sec/treas | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $179,407 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,109 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $180,516 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $71,158 |
Professional fees and other payments to independent contractors | $1,150 |
Occupancy, rent, utilities, and maintenance | $8,997 |
Printing, publications, postage, and shipping | $13,299 |
Other expenses | $61,260 |
Total expenses | $168,593 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $58,671 |
Other assets | $0 |
Total assets | $209,907 |
Total liabilities | $1,211 |
Net assets or fund balances | $208,696 |
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