Good Steward Ministries Inc
- Assets
- $634.3k
- Revenue
- $878.0k
- Investments
- $0.0
- Employees
- 21
- Location
- Marshville, NC
- Founding
- 01/2005
- Data as of
- 06/2021
- EIN
- 20-1446959
Organization Overview
Good Steward Ministries Inc is located in Marshville, NC. 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 06/2021, Good Steward Ministries Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Steward 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 06/2021, Good Steward Ministries Inc generated $878.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 46.6% each year . All expenses for the organization totaled $823.2k during the year ending 06/2021. While expenses have increased by 46.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO HOMELESS AND PREGNANCY CENTERS FROM FUNDS OBTAINED IN RESALE THRIFT STORES LOCATED IN UNION COUNTY NC
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOOD STEWARD MINISTRIES OPERATES TWO TRHIFT STORES THAT RECEIVE DONATED TANGIBLE GOODS FOR RESALE. ALL PROCEEDS AND PROFITS ARE DONATED TO VARIOUS CHARITIES TO ASSIST NEEDY FAMILIES AND ENHANCE THE GOSPEL MISSION EFFORTS OF LOCAL AGENCIES AS WELL AS THE OSENASE ORPHANAGE AND THE GHANA PRISONS SERVICE.
GOOD STEWARD MINISTRIES OPERATES TWO TRHIFT STORES THAT RECEIVE DONATED TANGIBLE GOODS FOR RESALE. ALL PROCEEDS AND PROFITS ARE DONATED TO VARIOUS CHARITIES TO ASSIST NEEDY FAMILIES AND ENHANCE THE GOSPEL MISSION EFFORTS OF LOCAL AGENCIES AS WELL AS THE OSENASE ORPHANAGE AND THE GHANA PRISONS SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark D Cabrera President | Officer | 20 | $92,201 |
Brian Stewart Manager | Trustee | 40 | $19,701 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,346 |
| 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 | $21,346 |
| Total Program Service Revenue | $856,703 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $878,049 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $94,972 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $111,902 |
| Compensation of current officers, directors, key employees. | $111,902 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $112,488 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $17,032 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,116 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,144 |
| Office expenses | $1,586 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $112,580 |
| Travel | $7,163 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,025 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $32,901 |
| Insurance | $4,654 |
| All other expenses | $124,989 |
| Total functional expenses | $823,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $61,685 |
| 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 | $469,137 |
| Prepaid expenses and deferred charges | $100 |
| Net Land, buildings, and equipment | $103,341 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $634,263 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $16,949 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $76,567 |
| Total liabilities | $93,516 |
| Net assets without donor restrictions | $0 |
| 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 | $540,747 |
| Total liabilities and net assets/fund balances | $634,263 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Good Steward Ministries Inc has recieved totaling $11,000.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: POVERTY | $11,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Operation Compassion A Tennessee Non-Profit Corporation Cleveland, TN | $18,764,537 | $70,147,882 |
United Faith Ministries Inc Norfolk, VA | $10,805,826 | $50,029,760 |
Martha Obryan Center Inc Nashville, TN | $41,203,339 | $31,115,116 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
Rescue Missions Ministries Inc Durham, NC | $22,198,926 | $18,805,895 |
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 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Advancing Native Missions Afton, VA | $4,333,922 | $11,124,622 |
National Pro-Life Alliance Springfield, VA | $3,799,169 | $8,934,186 |
Wellspring Living Inc Atlanta, GA | $3,565,992 | $9,107,143 |