Outstretched Arms Ministries Inc
- Assets
- $37.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Stella, NE
- Founding
- 10/2006
- Data as of
- 12/2023
- EIN
- 20-0746661
Organization Overview
Outstretched Arms Ministries Inc is located in Stella, NE. The organization was established in 2006. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Outstretched Arms 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 12/2023, Outstretched Arms Ministries Inc generated $60.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $65.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
1- $1911.00 - USED TO ASSIST VERY NEEDY INDIVIDUALS WITH MEDICAL NEEDS 2- $10,000.00 - USED TO EQUIP PASTORS AND LAY PEOPLE IN CENTRAL AMERICA WITH BOOKS, TEACHING MATERIALS, AND OTHER TOOLS. 3- $5,209.25 - USED TO TRAIN AND EQUIP SINGLE MOMS AND YOUTH WITH EQUIPMENT AND OTHER MATERIALS FOR LEARNING A TRADE. 4-$16,302.01 - USED FOR TRAVEL EXPENSES TO DO MISSIONARY WORK IN CENTRAL AMERICA, INCLUDING EXPENSES FOR MARRIAGE CONFERENCES, SCHOOL ASSEMBLIES, AS WELL AS AIRPLANE TICKETS, HOTEL, FOOD, TRANSPORTATION, ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Lockard Director | 60 | $12,000 | |
Norma J Lockard Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $60,265 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $171 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $60,436 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,000 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $4,612 |
| Printing, publications, postage, and shipping | $695 |
| Other expenses | $47,669 |
| Total expenses | $64,976 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,481 |
| Other assets | $0 |
| Total assets | $37,481 |
| Total liabilities | $0 |
| Net assets or fund balances | $37,481 |