Forerunner Ministries Inc
- Assets
- $7.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Moravian Falls, NC
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 03-0557651
Organization Overview
Forerunner Ministries Inc is located in Moravian Falls, NC. The organization was established in 2006. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forerunner Ministries Inc 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 12/2021, Forerunner Ministries Inc generated $47.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $41.8k during the year ending 12/2021. While expenses have increased by 6.1% per year over the past 6 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Evans Director | 40 | $0 | |
Stefan Evans Treasurer | 0 | $0 | |
Joseph Ebberwine Board Member | 0 | $0 | |
Kirk Duffy Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,381 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $842 |
| Gain or Loss | $257 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,480 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,963 |
| Professional fees and other payments to independent contractors | $25,749 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,557 |
| Total expenses | $41,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,407 |
| Other assets | $0 |
| Total assets | $7,407 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,407 |
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