Desiring God Ministries
- Assets
- $8.7m
- Revenue
- $9.7m
- Investments
- $0.0
- Employees
- 25
- Location
- Minneapolis, MN
- Founding
- 02/2005
- Data as of
- 06/2022
- EIN
- 01-0797083
Organization Overview
Desiring God Ministries is located in Minneapolis, MN. The organization was established in 2005. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Desiring God Ministries employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Desiring God Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Desiring God Ministries generated $9.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $9.2m during the year ending 06/2022. While expenses have increased by 13.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
SPREAD A PASSION FOR SUPREMACY OF GOD IN ALL THINGS FOR THE JOY OF ALL PEOPLES THROUGH JESUS CHRIST
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPREADING: DESIRING GOD (DG) DISTRIBUTES OUR TEACHING RESOURCES THROUGH EVENTS, PARTNERSHIPS AND DIGITAL PROMOTION.
TEACHING: DESIRING GOD CREATES NEW TEACHING RESOURCES SUCH AS ARTICLES, BOOKS, PODCASTS AND VIDEOS.
MINISTRY PARTNERS:DG MINISTERS TO OUR DONOR PARTNERS THROUGH 1:1 PRAYER, TEACHING RESOURCES, VIDEO PRODUCTION, AND EVENTS.
PRODUCT:DESIRING GOD MAINTAINS AN INDEPENDENT WEB PLATFORM WHERE ALL OF OUR TEACHING RESOURCES ARE HOSTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Anderson President & Ceo, Vice Chai | OfficerTrustee | 45 | $209,297 |
Josh Etter COO | Officer | 45 | $196,827 |
Sam Macrane Donor Officer | Officer | 45 | $161,545 |
Tony Reinke Senior Teacher | 45 | $157,404 | |
Jon Bloom Teacher, Director | Trustee | 45 | $151,848 |
Peter Hedstrom Donor Officer | 45 | $147,625 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Steady Made Llc Web Development | 6/29/22 | $266,216 |
Rick Denham International Liaison | 6/29/22 | $129,325 |
Jnodev Llc Web Development | 6/29/22 | $221,304 |
Giosue Petrone Video Production | 6/29/22 | $136,887 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,437,605 |
| Noncash contributions included in lines 1a–1f | $224,227 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,437,605 |
| Total Program Service Revenue | $17,000 |
| Investment income | $130,844 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $68,491 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $260 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,657,693 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $65,600 |
| Grants and other assistance to Foreign Orgs/Individuals | $18,400 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $700,531 |
| Compensation of current officers, directors, key employees. | $119,767 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,354,167 |
| Pension plan accruals and contributions | $142,650 |
| Other employee benefits | $905,405 |
| Payroll taxes | $228,188 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,458 |
| Fees for services: Accounting | $112,041 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,746,593 |
| Advertising and promotion | $1,049,075 |
| Office expenses | $660,469 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $231,814 |
| Travel | $223,354 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $306,827 |
| Insurance | $0 |
| All other expenses | $381,574 |
| Total functional expenses | $9,169,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $810,664 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,650 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $112,078 |
| Net Land, buildings, and equipment | $349,445 |
| Investments—publicly traded securities | $6,248,512 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,125,822 |
| Other assets | $0 |
| Total assets | $8,654,171 |
| Accounts payable and accrued expenses | $417,419 |
| Grants payable | $0 |
| Deferred revenue | $9,361 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $426,780 |
| Net assets without donor restrictions | $8,227,391 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,654,171 |
Grants Awarded
Over the last fiscal year, Desiring God Ministries has awarded $27,937 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: SEO OF NEW TRUTH78 NAME | $10,000 |
Cedar Park, TX PURPOSE: PRINTING OF DOCTRINE MATTERS | $9,800 |
ITALIAN MINISTRIES PURPOSE: FOR SUPPORT OF EUROPEAN MINISTRIES | $8,137 |
Grants Recieved
Over the last fiscal year, we have identified 15 grants that Desiring God Ministries has recieved totaling $1,486,645.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: GROWTH | $909,317 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $227,068 |
Desiring God Foundation Minneapolis, MN PURPOSE: WEB PUBLISHING SUPPORT | $200,000 |
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $50,000 |
Raymond James Charitable Endowment Fund St Petersberg, FL PURPOSE: GENERAL SUPPORT | $26,375 |
Christian Community Foundation Inc Colorado Springs, CO PURPOSE: GENERAL SUPPORT | $15,000 |
Endowment Analysis
| Beg. Balance | $4,000,000 |
| Ending Balance | $4,000,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Loaves And Fishes Too Minneapolis, MN | $3,481,660 | $16,298,899 |
Pulse Outreach Minneapolis, MN | $16,852,358 | $21,090,149 |
Desiring God Ministries Minneapolis, MN | $8,654,171 | $9,657,693 |
American Lutheran Church-Northland Luthern Services For The Elderly Marinette, WI | $6,079,717 | $8,121,825 |
Freedom From Religion Foundation Inc Madison, WI | $25,982,708 | $9,398,786 |
Praying Pelican Missions Minneapolis, MN | $539,673 | $5,474,608 |
Venture Burnsville, MN | $4,889,777 | $6,516,603 |
Evangelical Lutheran Good Samaritan Foundation Sioux Falls, SD | $102,471,128 | $9,259,464 |
Christian Worship Hour Aberdeen, SD | $3,374,479 | $4,060,903 |
Luther Memorial Home Madelia, MN | $3,423,486 | $4,600,698 |
Barnabas International Elkhorn, WI | $2,407,026 | $3,476,922 |
Fargo Union Mission Inc Fargo, ND | $6,248,468 | $4,299,626 |