Schofield Ministries
- Assets
- $20.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jamestown, TN
- Founding
- 09/2007
- Data as of
- 12/2023
- EIN
- 20-2984457
Organization Overview
Schofield Ministries is located in Jamestown, TN. The organization was established in 2007. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., 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. Schofield 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 12/2023, Schofield Ministries generated $17.9k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $29.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (3.8%) per year over the past 9 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
PROVIDED CLOTHING FOR NEEDY CHILDREN. ALSO PROVIDED MUSIC AND TEACHING TO RURAL AND FOREIGN OUTREACH MINISTRY TO ABOUT 50 CHURCHES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel E Schofield President | 20 | $0 | |
Phyllis J Schofield Secretary | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,872 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,872 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,080 |
| Printing, publications, postage, and shipping | $731 |
| Other expenses | $27,755 |
| Total expenses | $29,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $20,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $20,545 |