Civic Intelligence

Novel Approach Ministries Inc

EIN 82-2927766 • 501(c)3 • Steamboat Springs, CO

Profile

Spread the gospel of jesus christ

32120 Rcr 14CSteamboat Springs, CO 80487

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

72nd percentile

18%

Higher net margin than 72% of similar nonprofits.

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

Top Officer Pay

97th percentile

$88,036

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 67.9% of source-year revenue.

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

Asset Growth

91st percentile

90%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

52nd percentile

-0.8%

Faster revenue growth than 52% of similar nonprofits.

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

Assets

Up

$48,024

Up $22,765 (+90%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$48,024

Up $22,765 (+90%) from 2023

Revenue

Down

$129,586

Down $1,089 (-0.8%) from 2023

Expenses

Down

$106,821

Down $59,613 (-36%) from 2023

Net Income

Up

$22,765

Up $58,524 (+164%) from 2023

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $631Liabilities 2018: $5002018Assets 2019: $82,990Liabilities 2019: $0Net Assets 2019: $82,9902019Assets 2020: $133,898Liabilities 2020: $0Net Assets 2020: $133,8982020Assets 2021: $106,864Liabilities 2021: $0Net Assets 2021: $106,8642021Assets 2022: $61,019Liabilities 2022: $0Net Assets 2022: $61,0192022Assets 2023: $25,259Liabilities 2023: $0Net Assets 2023: $25,2592023Assets 2024: $48,024Net Assets 2024: $48,0242024

Highlighted filing

2024

Assets$48,024
Liabilities-
Net Assets$48,024

Operations Trend

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

$200K$100K$0-$100KRevenue 2018: $34,481Expenses 2018: $34,350Net Income 2018: $1312018Revenue 2019: $159,176Expenses 2019: $76,317Net Income 2019: $82,8592019Revenue 2020: $134,284Expenses 2020: $83,375Net Income 2020: $50,9092020Revenue 2021: $133,120Expenses 2021: $160,139Net Income 2021: -$27,0192021Revenue 2022: $131,363Expenses 2022: $177,208Net Income 2022: -$45,8452022Revenue 2023: $130,675Expenses 2023: $166,434Net Income 2023: -$35,7592023Revenue 2024: $129,586Expenses 2024: $106,821Net Income 2024: $22,7652024

Highlighted filing

2024

Revenue$129,586
Expenses$106,821
Net Income$22,765

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 4, 2025
Return Version
2024v5.0
Gross Receipts
$129,586
Mission and Program Overview

Mission

Spread the gospel of jesus christ

Program Services

DescriptionGrantsExpenses
OUR VISION IS TO SEE THE KINGDOM OF GOD MANIFEST INSIDE AND BEYOND THE FOUR WALLS OF THE ESTABLISHED CHURCH-TO SEE THE BODY OF CHRIST WALK IN ITS GIVEN AUTHORITY-THAT WE MAY POWERFULLY AND LOVINGLY IMPACT THE COMMUNITIES AROUND US AND ENJOY OUR RIGHTFUL INHERITANCE ON THE EARTH AS CHILDREN OF THE KING NOVEL APPROACH MINISTRIES IN 2024 CONTINUED TO BE A MINISTRY OF PRESENCE SPREADING THE GOOD NEWS OF THE GOSPEL IN THE YAMPA VALLEY AND BEYOND. WE CONTINUE TO UNDERGIRD THE BODY OF CHRIST LOCALLY, SERVING JESUS FAITHFULLY IN MULTI-FACETED WAYS. WOMEN'S MINISTRY, OUTREACH MINISTRY TO YOUNG ADULTS AND STUDENT ATHLETES, WHILE LEADING AND SUPPORTING CONCERTED PRAYER, WORSHIP, WITH INTERCESSION AND DELIVERANCE MINISTRIES. AT THIS YEAR'S END, NOVEL APPROACH REJOICES IN THE PRIVILEGE OF LOVINGLY AND POWERFULLY IMPACTING THE COMMUNITIES TO WHICH WE ARE CALLED, TO THE GLORY OF GOD.$4,093$103,283
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHLEEN NICHOLSDirector/PreFT$48,000$40,036$88,036
JEANNE FITZSIMMONSDirector-$0--
CAROL PETERSONDirector/Sec-$0--
Filing and Contact Details

Filer

Filer Name
Novel Approach Ministries Inc
EIN
82-2927766
Phone
9708190324
Address
32120 RCR 14C, STEAMBOAT SPRINGS, CO 80487

Signing Officer

Name
Kathleen Nichols
Title
Director/pres/treas
Phone
9708190324
Signed
2025-04-04
Discuss with paid preparer
Yes

Preparer

Firm
Sommerville & Associates Pc
Address
2726 MATLOCK RD, ARLINGTON, TX 76015
Preparer
Shannon Wood CPA
Phone
8177955046
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Other revenue 636 total 636

Form 990-ez, Part I, Line 16

Expenses office expense 2,635 it expenses 589 travel 6,755 ministry events 473 gifts 180 non-investment depreciation 1,802 total 12,434

Form 990-ez, Part II, Line 24

Furniture & equipment 691 691 less accumulated depreciation 691 691 vehicle 25,992 25,992 less accumulated depreciation 24,259 25,992 apple computer 0 695 less accumulated depreciation 0 69 total 1,733 626

Form 990-ez, Part III, Line 28

Our vision is to see the kingdom of god manifest inside and beyond the four walls of the established church-to see the body of christ walk in its given authority-that we may powerfully and lovingly impact the communities around us and enjoy our rightful inheritance on the earth as children of the king novel approach ministries in 2024 continued to be a ministry of presence spreading the good news of the gospel in the yampa valley and beyond. We continue to undergird the body of christ locally, serving jesus faithfully in multi-faceted ways. Women's ministry, outreach ministry to young adults and student athletes, while leading and supporting concerted prayer, worship, with intercession and deliverance ministries. At this year's end, novel approach rejoices in the privilege of lovingly and powerfully impacting the communities to which we are called, to the glory of god.

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUR VISION IS TO SEE THE KINGDOM OF GOD MANIFEST INSIDE AND BEYOND THE FOUR WALLS OF THE ESTABLISHED CHURCH-TO SEE THE BODY OF CHRIST WALK IN ITS GIVEN AUTHORITY-THAT WE MAY POWERFULLY AND LOVINGLY IMPACT THE COMMUNITIES AROUND US AND ENJOY OUR RIGHTFUL INHERITANCE ON THE EARTH AS CHILDREN OF THE KING NOVEL APPROACH MINISTRIES IN 2024 CONTINUED TO BE A MINISTRY OF PRESENCE SPREADING THE GOOD NEWS OF THE GOSPEL IN THE YAMPA VALLEY AND BEYOND. WE CONTINUE TO UNDERGIRD THE BODY OF CHRIST LOCALLY, SERVING JESUS FAITHFULLY IN MULTI-FACETED WAYS. WOMEN'S MINISTRY, OUTREACH MINISTRY TO YOUNG ADULTS AND STUDENT ATHLETES, WHILE LEADING AND SUPPORTING CONCERTED PRAYER, WORSHIP, WITH INTERCESSION AND DELIVERANCE MINISTRIES. AT THIS YEAR'S END, NOVEL APPROACH REJOICES IN THE PRIVILEGE OF LOVINGLY AND POWERFULLY IMPACTING THE COMMUNITIES TO WHICH WE ARE CALLED, TO THE GLORY OF GOD.
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