Acts 4 Ministry Inc
- Assets
- $70.1k
- Revenue
- $414.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Waterbury, CT
- Founding
- 03/2006
- Data as of
- 12/2022
- EIN
- 20-3676244
Organization Overview
Acts 4 Ministry Inc is located in Waterbury, CT. The organization was established in 2006. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2022, Acts 4 Ministry Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acts 4 Ministry 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 12/2022, Acts 4 Ministry Inc generated $414.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $447.3k during the year ending 12/2022. While expenses have increased by 11.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ACTS 4 MINISTRY COLLECTS AND DISTRIBUTES NEW AND REUSABLE GOODS OF FURNITURE, CLOTHING AND HOUSEWARES TO THOSE IN FINANCIAL DISTRESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURNITURE - OUR PROGRAM IS HERE TO PROVIDE SUPPORT FOR THOSE WHO HAVE EXPERIENCED SIGNIFICANT LIFE CHANGES AS A RESULT OF HARDSHIPS. WHETHER YOU HAD TO ABANDON YOUR FURNITURE DURING A MOVE OR ARE STARTING ANEW, WE ARE DEDICATED TO HELPING THOSE WHO HAVE EXPERIENCED HARDSHIP. WE SERVE RESIDENTS FROM COMMUNITIES LOCATED IN GREATER WATERBURY AND LITCHFIELD HILLS. THIS PORTION OF THE MINISTRY PROVIDES FOR CLOSE TO 200 HOMES ANNUALLY AND ONLY ALLOWS A FAMILY OR INDIVIDUAL TO RECEIVE FURNITURE ONE-TIME IN THEIR RELATIONSHIP WITH THE MINISTRY.
BOUTIQUE - IF ONE HAS EXPERIENCED A SIGNIFICANT LIFE CHANGE AS A RESULT OF DIFFICULT CIRCUMSTANCES, OUR PROGRAM IS HERE TO SUPPORT AND SERVE AS A BRIDGE TO HELP THEM TO THE NEXT STAGE OF LIFE. THE BOUTIQUE IS SET TO PROVIDE FREE CLOTHING, ACCESSORIES, AND OUTERWEAR TWICE PER YEAR PER CLIENT - ONCE DURING THE SPRING/SUMMER SEASON AND ONCE DURING THE FALL/WINTER SEASON AND SERVES RESIDENTS FROM COMMUNITIES LOCATED IN GREATER WATERBURY AND LITCHFIELD HILLS.
PERSONAL CARE CLOSET - NO MATTER YOUR CURRENT LIFE SITUATION, PRACTICING GOOD PERSONAL HYGIENE AND MAINTAINING A CLEAN HOME CAN LEAVE YOU FEELING REVITALIZED. OUR PROGRAM PROVIDES YOU WITH THE NECESSARY SUPPLIES TO KEEP BOTH YOURSELF AND YOUR LIVING SPACE CLEAN AND PREPARED TO TAKE ON THE DAY. OUR VOLUNTEERS HAVE COLLECTED DATA TO IDENTIFY THE CIRCUMSTANCES OUR CLIENTS FACE. THESE INCLUDE DOWNSIZING, INFLATION, LOSS OF LOVED ONES AND PRIMARY INCOME. THE DEMAND FOR OUR SERVICES HAS INCREASED SIGNIFICANTLY, WITH OVER 65% OF OUR CLIENTS BEING NEW TO OUR MINISTRY. MANY STRUGGLE TO MEET BASIC NEEDS, INCLUDING HYGIENE AND CLEAN CLOTHES. OUR DEDICATED VOLUNTEERS HAVE DISTRIBUTED 82 ITEMS PER PERSON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bishop Chairperson | OfficerTrustee | 1 | $0 |
Jim Zoldy Treasurer | OfficerTrustee | 1 | $0 |
Caitlin Sheedy Secretary | OfficerTrustee | 1 | $0 |
Sarah Dimeo-Carabetta Executive Director | OfficerTrustee | 50 | $84,364 |
Bruce Martin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $410,505 |
| Noncash contributions included in lines 1a–1f | $172,507 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $410,505 |
| Total Program Service Revenue | $3,820 |
| 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 | $414,325 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $201,843 |
| 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 | $84,364 |
| Other salaries and wages | $12,711 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,377 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,925 |
| Advertising and promotion | $3,758 |
| Office expenses | $31,462 |
| Information technology | $1,304 |
| Royalties | $0 |
| Occupancy | $77,032 |
| Travel | $1,631 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,153 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,286 |
| Insurance | $6,703 |
| All other expenses | $710 |
| Total functional expenses | $447,259 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,148 |
| 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 | $0 |
| Net Land, buildings, and equipment | $7,979 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $70,127 |
| Accounts payable and accrued expenses | $23,054 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $23,054 |
| Net assets without donor restrictions | $47,073 |
| 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 | $70,127 |