Benchmark Adventure Ministries, Inc.
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$337,075.00
Projected Expenses
$315,251.22
Organizational Budgets and Other Documents
| 2023 BENCHMARK Budget | 2023 |
| 2022 BENCHMARK Budget | 2022 |
| 2021 BENCHMARK Budget | 2021 |
| 2020 BENCHMARK Budget | 2020 |
| 2019 BENCHMARK Budget | 2019 |
| 2018 BENCHMARK Budget | 2018 |
| 2017 BENCHMARK Budget | 2017 |
| 2016 BENCHMARK Budget | 2016 |
| 2014 BENCHMARK Budget | 2014 |
IRS Letter of Exemption
| Benchmark Adventure Ministries IRS Letter |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $362,090.00 | $253,392.00 | $293,457.00 |
| Total Expenses | $309,491.00 | $252,543.00 | $215,033.00 |
| Revenue Less Expenses | $52,599.00 | $849.00 | $78,424.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $0.00 | $0.00 | $0.00 |
| Contributions, Gifts, and Grants | $115,729.00 | $100,786.00 | $159,093.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $244,527.00 | $152,534.00 | $133,858.00 |
| Investment Income, Net of Losses | $-111.00 | $72.00 | $506.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $0.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $1,945.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $290,720.00 | $237,089.00 | $193,527.00 |
| Administration Expense | $18,771.00 | $15,454.00 | $14,388.00 |
| Fundraising Expense | $0.00 | $0.00 | $7,118.00 |
| Total Revenue/Total Expenses | 117% | 100% | 136% |
| Program Expense/Total Expenses | 94% | 94% | 90% |
| Fundraising Expense/Contributed Revenue | 0% | 0% | 3% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $244,527.00 | Program Revenue $152,534.00 | Contributions, Gifts, and Grants $159,093.00 |
| Second Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $115,729.00 | Contributions, Gifts, Grants $100,786.00 | Program Revenue $133,858.00 |
| Third Highest Funding Source & Dollar Amount | Other Revenue $1,945.00 | $0.00 | Investment Income $506.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $269,377.00 | $215,630.00 | $212,774.00 |
| Current Assets | $169,699.00 | $215,630.00 | $212,734.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $6,408.00 | $5,260.00 | $3,253.00 |
| Total Net Assets | $262,969.00 | $210,370.00 | $209,521.00 |
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
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| BENCHMARK's desire is to wisely use every dollar that is entrusted to us for the direct purpose of fulfilling our mission. BENCHMARK does not spend beyond its means. BENCHMARK only uses credit on a month to month basis. Since BENCHMARK began, we have carried no long term debt. |
Foundation Staff Comments
| Financial data taken from Form 990. Foundation and corporate grants may be included in Individual Contributions sum, as these are not separated in Form 990. Financials prepared by Carr, Riggs & Ingram, LLC. Comment provided by Hayley Sulfridge 6/4/23. |
