Vapor Sports Ministries
- Assets
- $2.6m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Sylacauga, AL
- Founding
- 09/2005
- Data as of
- 12/2021
- EIN
- 03-0566373
Organization Overview
Vapor Sports Ministries is located in Sylacauga, AL. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vapor Sports 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 12/2021, Vapor Sports Ministries generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.7%) per year over the past 7 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH SUSTAINABLE CENTERS FOR ALLEVIATING POVERTY AND MULTIPLYING DISCIPLES IN THIRD-WORLD ENVIRONMENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE CENTERS FOR HUMANITARIAN AID AND DISCIPLE-MAKING THROUGH SPORTS- BASED OUTREACH. THESE CENTERS ARE LOCATED IN NAIROBI, KENYA; N'GONG, KENYA; TOGOVILLE, TOGO; DILAIRE, HAITI; AND OUANAMINTHE, HAITI. AT THESE CENTERS, VAPOR SPORTS MINISTRIES, INC. PROVIDES FULL TIME JOBS FOR IMPOVERISHED INDIVIDUALS, PROVIDES IMPOVERISHED CHILDREN WITH FREE-OF-CHARGE SPORTS MEMBERSHIPS IN SPORTS LEAGUES, SUPPLIES CRITICAL CARE HUMANITARIAN AID, AND SUPPLIES HIGH VOLUMES OF CLEAN WATER TO THESE COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joshua Firth VP Donor Dev | OfficerTrustee | 5 | $0 |
Jonathon Mcelveen Chief Exec O | OfficerTrustee | 5 | $0 |
Conor Gallagher Chief Oper O | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,702,052 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,702,052 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $22,558 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,724,610 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $444,315 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $11,215 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,227 |
| Fees for services: Accounting | $2,292 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,724 |
| Advertising and promotion | $4,419 |
| Office expenses | $178,868 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $91,735 |
| Travel | $64,068 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,382 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $173,494 |
| Insurance | $76 |
| All other expenses | $0 |
| Total functional expenses | $1,472,539 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $240,428 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $20,000 |
| Net Land, buildings, and equipment | $1,879,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $466,152 |
| Total assets | $2,606,545 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $151,104 |
| 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 | $151,104 |
| Net assets without donor restrictions | $2,455,441 |
| 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 | $2,606,545 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Vapor Sports Ministries has recieved totaling $1,145,515.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $1,026,296 |
Community Foundation Of Greater Huntsville Huntsville, AL PURPOSE: RELIGION RELATED | $40,454 |
American Endowment Foundation Hudson, OH PURPOSE: RELIGION | $35,000 |
Columbus Foundation Columbus, OH PURPOSE: URBAN AFFAIRS | $25,000 |
Daily Service Foundation Inc Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $8,998 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $8,250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Lifeshape Inc Atlanta, GA | $41,056,311 | $15,846,732 |
Haggai International Institute For Advanced Leadership Training Inc Peachtree Corners, GA | $41,354,774 | $16,620,781 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |
Maimonides-Shalom Academy Inc Fort Lauderdale, FL | $17,956,185 | $11,187,159 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |
Sail-School For Arts-Infused Learning Evans, GA | $15,793,761 | $7,096,452 |
Artists In Christian Testimony Brentwood, TN | $4,393,846 | $10,064,345 |