Civic Intelligence

New Way Ministries Inc

EIN 45-5290678 • 501(c)3 • Southfield, MI

Profile

New way ninistries is a church for all people. By teaching the word of god, the ministry provides healing, hope, and love to the lives of the wounded. Enabling, strengthening, and empowering believers to live in freedom.

29155 Northwestern HwySouthfield, MI 48034

www.thenewwayministry.org

Siviq Scores

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

Liabilities / Assets

81st percentile

0.45x

Higher debt load relative to assets than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

85th percentile

0.74x

Higher debt load relative to revenue than 85% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

88th percentile

47%

Higher net margin than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

84th percentile

28%

Faster asset growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

31%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets81st percentile

Assets

Up

$2,044,336

Up $445,916 (+28%) from 2020

Liabilities

Up

$921,505

Up $452,941 (+97%) from 2020

Net Assets

Down

$1,122,831

Down $7,025 (-0.6%) from 2020

Operations
Liabilities / Revenue85th percentileNet Margin88th percentile

Revenue

Up

$1,240,481

Up $296,285 (+31%) from 2020

Expenses

Up

$654,427

Up $210,198 (+47%) from 2020

Net Income

Up

$586,054

Up $86,087 (+17%) from 2020

Trend Graphs

Balance Sheet Trend

Asset Growth84th percentile

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

$3.0M$2.0M$1.0M$0Assets 2019: $1,077,108Liabilities 2019: $580,000Net Assets 2019: $497,1082019Assets 2020: $1,598,420Liabilities 2020: $468,564Net Assets 2020: $1,129,8562020Assets 2021: $2,044,336Liabilities 2021: $921,505Net Assets 2021: $1,122,8312021

Highlighted filing

2021

Assets$2,044,336
Liabilities$921,505
Net Assets$1,122,831
Open 2021 Filing

Operations Trend

Revenue Growth75th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2019: $448,676Expenses 2019: $511,568Net Income 2019: -$62,8922019Revenue 2020: $944,196Expenses 2020: $444,229Net Income 2020: $499,9672020Revenue 2021: $1,240,481Expenses 2021: $654,427Net Income 2021: $586,0542021

Highlighted filing

2021

Revenue$1,240,481
Expenses$654,427
Net Income$586,054
Open 2021 Filing

Filings

Most recent year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,044,336
Liabilities
$921,505
Net assets
$1,122,831
Revenue
$1,240,481
Expenses
$654,427
Net income
$586,054
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$2.04$0.92$1.12$1.24$0.65$0.59
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.47$1.13$0.94$0.44$0.50
2019Detailed filing. Detailed filing data is available for this year.$1.08$0.58$0.50$0.45$0.51$0.06
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 27, 2024
Return Version
2021v4.0
Gross Receipts
$1,240,481
Mission and Program Overview

Mission

New Way Ministries is a church for all people. By teaching the Word of God, the ministry provides healing, hope, and love to the lives of the wounded. Enabling, Strengthening, and empowering Believers to live in freedom.

By teaching the word of god, the ministry provides healing, hope, and love to the lives of the wounded. Enabling, strengthening, and empoering believers to live in freedom.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$965,672$1,525,804▲ $560,132
Rtn Earn Endowment Incm Other Fnds$635,445$1,122,831▲ $487,386
Cash and Non-Interest-Bearing Accounts$632,748$518,532▼ $114,216
Total Assets$1,598,420$2,044,336▲ $445,916
Liabilities
Accounts Payable and Accrued Expenses$468,564$921,505▲ $452,941
Other Liabilities$494,411--
Total Liabilities$962,975$921,505▼ $41,470
Net Assets / Fund Balance
Total Net Assets Fund Balance$635,445$1,122,831▲ $487,386
Total Liabilities and Net Assets / Fund Balance$1,598,420$2,044,336▲ $445,916

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$1,446,804$275,336$1,722,140
Land$79,000-$79,000
Compensation and Service Providers
Top Officer Pay40th percentile

Board Members and Trustees

NameTitle
Princess DobbinsDirector
Dwight DobbinsPastor, Pres
Revenue and Support

Revenue Composition

Contributions and Grants
$1,240,481
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$915,855
Change in Net Assets
$586,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$654,427
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
Fees for Services Other$510,644--$510,644
Depreciation Depletion$95,776--$95,776
Insurance$42,826--$42,826
Travel$2,065--$2,065
Fees for Services Legal$1,693--$1,693
Office Expenses$1,245--$1,245
Advertising$178--$178
Total Functional Expenses$654,427$0$0$654,427
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
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
New Way Ministries Inc
EIN
45-5290678
Phone
3134770534
Address
29155 NORTHWESTERN HWY, SOUTHFIELD, MI 48034

Signing Officer

Name
Dwight Dobbins
Title
Pastor, President
Phone
3134770534
Signed
2024-11-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dwight Dobbins
Formed
2019
Legal Domicile
Mi
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
30

Preparer

Firm
Chavis Tax & Accounting
Address
24500 GODDARD, TAYLOR, MI 48180
Preparer
Maria Klimkiewicz Ea
Phone
3132925628
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

“Church services and spreading the work of god, outreach program, and youth that win”

Form 990, Part IX, Line 11G

“Contract labor 51,586 0 0 bank charges 904 0 0 dues & subscriptions 33 0 0 repair & maintenance 30,464 0 0 security expense 2,005 0 0 storage expense 554 0 0 utilities 46,982 0 0 payroll fees 1,528 0 0 meals 406 0 0 guest pastor expense 16,946 0 0 licenses, dues, permits 1,516 0 0 supplies 83,956 0 0 clerical clothing 3,148 0 0 sound & video equip & supplie 37,646 0 0 solutions by mobile 4,167 0 0 pex card 66,000 0 0 cash app pymt to individuals 36,423 0 0 hartfield 2,037 0 0 kingdom boss 5,350 0 0 consecration gifts 4,500 0 0 bishops ball 27,561 0 0 love offerings 20,840 0 0 bishops offerings 11,935 0 0 special events 8,500 0 0 west church renovations 25,677 0 0 charity give aways 12,570 0 0 house blessing 2,670 0 0 assoc fees southfield condo 4,740 0 0 total 510,644 0 0”

Raw XML Appendix258 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.

Path#Value
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IRS990/GrossReceiptsAmt01240481
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IRS990/InfoInScheduleOPartIXInd0X
IRS990/InsuranceGrp/ProgramServicesAmt042826
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IRS990/IRPDocumentCnt09
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IRS990/LandBldgEquipAccumDeprecAmt0275336
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IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt0-98668
IRS990/OtherLiabilitiesGrp/BOYAmt0494411
IRS990/PartialLiquidationInd0false
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IRS990/PrincipalOfficerNm0DWIGHT DOBBINS
IRS990/ProfessionalFundraisingInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHURCH SERVICES AND SPREADING THE WORK OF GOD, OUTREACH PROGRAM, AND YOUTH THAT WIN
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT LABOR 51,586 0 0 BANK CHARGES 904 0 0 DUES & SUBSCRIPTIONS 33 0 0 REPAIR & MAINTENANCE 30,464 0 0 SECURITY EXPENSE 2,005 0 0 STORAGE EXPENSE 554 0 0 UTILITIES 46,982 0 0 PAYROLL FEES 1,528 0 0 MEALS 406 0 0 GUEST PASTOR EXPENSE 16,946 0 0 LICENSES, DUES, PERMITS 1,516 0 0 SUPPLIES 83,956 0 0 CLERICAL CLOTHING 3,148 0 0 SOUND & VIDEO EQUIP & SUPPLIE 37,646 0 0 SOLUTIONS BY MOBILE 4,167 0 0 PEX CARD 66,000 0 0 CASH APP PYMT TO INDIVIDUALS 36,423 0 0 HARTFIELD 2,037 0 0 KINGDOM BOSS 5,350 0 0 CONSECRATION GIFTS 4,500 0 0 BISHOPS BALL 27,561 0 0 LOVE OFFERINGS 20,840 0 0 BISHOPS OFFERINGS 11,935 0 0 SPECIAL EVENTS 8,500 0 0 WEST CHURCH RENOVATIONS 25,677 0 0 CHARITY GIVE AWAYS 12,570 0 0 HOUSE BLESSING 2,670 0 0 ASSOC FEES SOUTHFIELD CONDO 4,740 0 0 TOTAL 510,644 0 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
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ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-27
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ReturnHeader/Filer/EIN0455290678
ReturnHeader/Filer/PhoneNum03134770534
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ReturnHeader/PreparerPersonGrp/PhoneNum03132925628
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARIA KLIMKIEWICZ EA
ReturnHeader/ReturnTs02024-11-27T10:29:54-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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