Civic Intelligence

Netsanet Ministries Inc

EIN 81-4000633 • 501(c)3 • Ponte Vedra Beach, FL

Profile

Netsanet ministries is working to rescue and care for the most vulnerable and abandoned children in southern ethiopia. Netsanet cares for orphans to reunify and assist impacted families.

5060 Bentgrass CirclePonte Vedra Beach, FL 32082

netsanetministries.com

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

42nd percentile

-1.0%

Higher net margin than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

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 2024

Asset Growth

37th percentile

-13%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

75th percentile

24%

Faster revenue growth than 75% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$25,766

Down $3,871 (-13%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$25,766

Down $3,871 (-13%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin42nd percentile

Revenue

Up

$395,046

Up $77,646 (+24%) from 2023

Expenses

Up

$398,917

Up $34,051 (+9.3%) from 2023

Net Income

Up

-$3,871

Up $43,595 (+92%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

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

$80K$60K$40K$20K$0Assets 2018: $36,234Liabilities 2018: $0Net Assets 2018: $36,2342018Assets 2019: $25,659Liabilities 2019: $0Net Assets 2019: $25,6592019Assets 2020: $25,776Liabilities 2020: $0Net Assets 2020: $25,7762020Assets 2021: $15,038Liabilities 2021: $0Net Assets 2021: $15,0382021Assets 2022: $77,103Liabilities 2022: $0Net Assets 2022: $77,1032022Assets 2023: $29,637Liabilities 2023: $0Net Assets 2023: $29,6372023Assets 2024: $25,766Liabilities 2024: $0Net Assets 2024: $25,7662024

Highlighted filing

2024

Assets$25,766
Liabilities$0
Net Assets$25,766
Open 2024 Filing

Operations Trend

Revenue Growth75th percentile

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

$400K$200K$0-$200KRevenue 2018: $147,888Expenses 2018: $151,048Net Income 2018: -$3,1602018Revenue 2019: $186,213Expenses 2019: $196,788Net Income 2019: -$10,5752019Revenue 2020: $178,417Expenses 2020: $178,300Net Income 2020: $1172020Revenue 2021: $239,142Expenses 2021: $249,880Net Income 2021: -$10,7382021Revenue 2022: $285,296Expenses 2022: $223,232Net Income 2022: $62,0642022Revenue 2023: $317,400Expenses 2023: $364,866Net Income 2023: -$47,4662023Revenue 2024: $395,046Expenses 2024: $398,917Net Income 2024: -$3,8712024

Highlighted filing

2024

Revenue$395,046
Expenses$398,917
Net Income-$3,871
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$25,766
Liabilities
$0
Net assets
$25,766
Revenue
$395,046
Expenses
$398,917
Net income
-$3,871
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$3.95$3.99$0.04
2023Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$3.17$3.65$0.47
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$2.85$2.23$0.62
2021Detailed filing. Detailed filing data is available for this year.$0.15$0.00$0.15$2.39$2.50$0.11
2020Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$1.78$1.78$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.26$0.00$0.26$1.86$1.97$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.36$1.48$1.51$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 10, 2025
Return Version
2024v5.2
Gross Receipts
$395,046
Mission and Program Overview

Mission

Netsanet ministries is working to rescue and care for the most vulnerable and abandoned children in southern ethiopia. Netsanet cares for orphans to reunify and assist impacted families.

Netsanet ministries cares for orphans to reunify and assist impacted families in ethiopia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$29,637$25,766▼ $3,871
Total Assets$29,637$25,766▼ $3,871
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$29,637$25,766▼ $3,871
Total Net Assets Fund Balance$29,637$25,766▼ $3,871
Total Liabilities and Net Assets / Fund Balance$29,637$25,766▼ $3,871
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Daniel ScheubleBoard Member
Laura BeverlyBoard Member
Lynda MasulliBoard Member
Suzanne ScheubleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$395,046
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$395,046
Change in Net Assets
$-3,871
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$397,450
Other Expenses$1,467
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$397,450--$397,450
Fees for Services Other$1,467--$1,467
Total Functional Expenses$398,917$0$0$398,917
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
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, Part VI, Section B, Line 11B

“Organization's process to review form 990: the form 990 is reviewed by the president and exective director prior to filing.”

Form 990, Part VI, Section C, Line 19

“Governing documents disclosure explanation: the organization makes its governing documents, conflicts of interest policy and financial statements available to the public upon request at 5060 bentgrass circle, ponte vedra beach, fl 32082”

Filing and Contact Details

Filer

Filer Name
Netsanet Ministries Inc
EIN
81-4000633
Phone
9049453836
Address
5060 BENTGRASS CIRCLE, PONTE VEDRA BEACH, FL 32082

Signing Officer

Name
Daniel T Scheuble
Title
Financial Officer
Phone
9049453836
Signed
2025-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel T Scheuble
Formed
2016
Legal Domicile
Fl
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Pivot Cpas Pa
Address
238 PONTE VEDRA PARK DR ST 201, PONTE VEDRA BEACH, FL 32082
Preparer
Peter Reynolds
Phone
9042802053
Raw XML Appendix304 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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ReturnHeader/Filer/EIN0814000633
ReturnHeader/Filer/PhoneNum09049453836
ReturnHeader/Filer/USAddress/AddressLine1Txt05060 BENTGRASS CIRCLE
ReturnHeader/Filer/USAddress/CityNm0PONTE VEDRA BEACH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032082
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200708248
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PIVOT CPAS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0238 PONTE VEDRA PARK DR ST 201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PONTE VEDRA BEACH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032082
ReturnHeader/PreparerPersonGrp/PhoneNum09042802053
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER REYNOLDS
ReturnHeader/ReturnTs02025-11-12T15:52:57-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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