Civic Intelligence

Ibelieve Ministries Inc

EIN 38-4021105 • 501(c)3 • West Palm Beach, FL

Profile

The mission of ibelieve ministries inc is to provide the homeless with resources that include bible study resources, to assist homeless shelters, and to assist and provide resources to missionaries.

12168 148th Rd NWest Palm Beach, FL 33418

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

58th percentile

5.9%

Higher net margin than 58% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

10th percentile

-100%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

84th percentile

52%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $3,983 (-100%) from 2022

Liabilities

Down

$0

Down $873 (-100%) from 2022

Net Assets

Down

$0

Down $3,110 (-100%) from 2022

Operations
Liabilities / Revenue62nd percentileNet Margin58th percentile

Revenue

Up

$33,203

Up $11,295 (+52%) from 2022

Expenses

Up

$31,251

Up $12,454 (+66%) from 2022

Net Income

Down

$1,952

Down $1,159 (-37%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth10th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60K$40K$20K$0-$20KAssets 2017: $187Liabilities 2017: $0Net Assets 2017: $1872017Assets 2018: $41,605Liabilities 2018: $0Net Assets 2018: $41,6052018Assets 2019: $4,805Liabilities 2019: $0Net Assets 2019: $4,8052019Assets 2020: $4,552Liabilities 2020: $16,996Net Assets 2020: -$12,4442020Assets 2021: $3,564Liabilities 2021: -$18,801Net Assets 2021: $22,3652021Assets 2022: $3,983Liabilities 2022: $873Net Assets 2022: $3,1102022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023

Highlighted filing

2023

Assets$0
Liabilities$0
Net Assets$0
Open 2023 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$150K$100K$50K$0-$50KRevenue 2017: $4,632Expenses 2017: $4,445Net Income 2017: $1872017Revenue 2018: $54,761Expenses 2018: $13,156Net Income 2018: $41,6052018Revenue 2019: $41,717Expenses 2019: $37,099Net Income 2019: $4,6182019Revenue 2020: $8,260Expenses 2020: $25,509Net Income 2020: -$17,2492020Revenue 2021: $101,254Expenses 2021: $78,889Net Income 2021: $22,3652021Revenue 2022: $21,908Expenses 2022: $18,797Net Income 2022: $3,1112022Revenue 2023: $33,203Expenses 2023: $31,251Net Income 2023: $1,9522023

Highlighted filing

2023

Revenue$33,203
Expenses$31,251
Net Income$1,952
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
$0
Net assets
$0
Revenue
$33,203
Expenses
$31,251
Net income
$1,952
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.33$0.31$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.04$0.01$0.03$0.22$0.19$0.03
2021Detailed filing. Detailed filing data is available for this year.$0.04$0.19$0.22$1.01$0.79$0.22
2020Detailed filing. Detailed filing data is available for this year.$0.05$0.17$0.12$0.08$0.26$0.17
2019Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.42$0.37$0.05
2018Summary only. Only limited summary data is available for this year.$0.42$0.00$0.42$0.55$0.13$0.42
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.05$0.04$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Jun 26, 2024
Return Version
2023v5.1
Gross Receipts
$33,203
Mission and Program Overview

Mission

The mission of ibelieve ministries inc is to provide the homeless with resources that include bible study resources, to assist homeless shelters, and to assist and provide resources to missionaries.

Church preaching the gospel of jesus christ

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$4,483--
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$3,983$0▼ $3,983
Other Assets Total$-500--
Liabilities
Other Liabilities$873--
Total Liabilities$873$0▼ $873
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,110$0▼ $3,110
Total Liabilities and Net Assets / Fund Balance$3,983$0▼ $3,983
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Renee LeonardiPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$29,904
Program Service Revenue
$0
Investment Income
$3,299
Other Revenue
$0
All Other Contributions
$29,904
Change in Net Assets
$1,952
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$31,251
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Advertising---$24,119
Other Expenses---$2,401
Fees for Services Accounting---$1,435
Office Expenses---$507
Travel---$476
All Other Expenses$0$0$0$272
Fees for Services Legal---$61
Total Functional Expenses$0$0$0$31,251
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Ibelieve Ministries Inc
EIN
38-4021105
Phone
9548047938
Address
12168 148TH RD N, West Palm Beach, FL 33418

Signing Officer

Name
Renee Leonardi
Title
President
Phone
9548047938
Signed
2024-06-26
Discuss with paid preparer
No

Organization Details

Voting Board Members
0
Independent Board Members
0
Employees
0

Preparer

Firm
Campana Groups LLC
Address
3023 Burton Point Ct, Waxhaw, NC 28173
Preparer
Michelly Ferreira
Phone
7543671050
Supplemental Narrative

Additional Explanations

N/A

“N/A”

Raw XML Appendix316 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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Document Assets

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