Encouragement Ministries, Inc.
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| encouragement ministries, inc. irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $186,412.00 | $205,134.00 | |
| Total Expenses | $223,805.00 | $208,599.00 | |
| Revenue Less Expenses | ($-0.00) | ($37,393.00) | ($3,465.00) |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $17,500.00 | $17,500.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $168,838.00 | $187,490.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $0.00 | $0.00 | |
| Investment Income, Net of Losses | $74.00 | $144.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $186,412.00 | $163,078.00 | |
| Administration Expense | $31,853.00 | $31,022.00 | |
| Fundraising Expense | $5,540.00 | $14,499.00 | |
| Total Revenue/Total Expenses | 83% | 98% | |
| Program Expense/Total Expenses | 83% | 78% | |
| Fundraising Expense/Contributed Revenue | 2% | 7% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $168,838.00 | Contributions, Gifts, Grants $187,490.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Foundation and Corporations $17,500.00 | Interest Income $144.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $74.00 | $0.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $172,799.00 | $206,689.00 | |
| Current Assets | $172,799.00 | $206,689.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $3,503.00 | $0.00 | |
| Total Net Assets | $169,296.00 | $206,889.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
December
Permit Expiration Year
2023
Form 990s
Audit Documents
CEO/Executive Director/Board Comments
| Encouragement Ministries has historically relied on individual gifts as the primary source of support. We are grateful for those generous individuals who personally know our work and unselfishly support us. For twenty-nine years, we have consistently met our financial fundraising goals and obligations. |
Foundation Staff Comments
| Financial figures taken from 990. Schedule B removed to protect donor privacy. Form 990 prepared by Phillip M Stinson, CPA. Comments provided by Nicole Rose 03/29/2023. |
