Exago Ministries Inc
- Assets
- $34.8k
- Revenue
- $264.7k
- Investments
- $0.0
- Employees
- 6
- Location
- Rogers, AR
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 20-3970225
Organization Overview
Exago Ministries Inc is located in Rogers, AR. The organization was established in 2006. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Exago Ministries Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exago 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 12/2022, Exago Ministries Inc generated $264.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $256.2k during the year ending 12/2022. While expenses have increased by 11.5% per year over the past 8 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
CHRISTIAN LEADERS ARE OFTEN ON THE STRATEGIC EDGE OF WHAT GOD IS DOING IN THE WORLD AS THEY SEEK TO FULFILL THE GREAT COMMISSION. HOWEVER, THEIR PERSONAL DESIRES ARE FREQUENTLY OVERLOOKED IF NOT IGNORED BEYOND THEIR MOST BASIC PHYSICAL NEEDS. EXAGOS PURPOSE IS FULFILLED AS IT POURS ITS ENERGIES INTO EQUIPPING CHRISTIAN MINISTRY LEADERS TO SURVIVE AND THRIVE. THOUGH OUR STAFF IS OFTEN SOUGHT OUT TO BE INVOLVED WITH THE TRAINING OF LEADERS IN MINISTRY PRAXIS (ACTION & PRACTICE), WE BELIEVE THAT CARING FOR THE LEADERS PERSONAL NEEDS IS A CRUCIAL FIRST STEP. WE SEEK TO COME ALONGSIDE TO OFFER ENCOURAGEMENT, WHILE HELPING LEADERS SEEK REFRESHMENT IN THEIR PERSONAL SPIRITUAL WALK. THOUGH WHAT THEIR HANDS ARE DOING FOR JESUS IS IMPORTANTTHEIR HEAD AND THEIR HEART NEED TO BE CARED FOR AND ENCOURAGED ALONG THE WAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXAGO ACTIVELY USES INTERACTIVE PLATFORMS TO DEVELOP, CONNECT, EDUCATE AND EQUIP MINISTRY LEADERS FOR THE LONG-HAUL OF FULL-TIME MINISTRY. EXAGO FORMALLY PARTNERS WITH THE NATIONAL NETWORK OF YOUTH MINISTRIES, INCLUDING A SPECIAL FOCUS ON THE DEVELOPING OF HEALTHY YOUTH LEADER NETWORKS IN THE "HEARTLAND" REGION OF THE U.S. A KEY ROLE EXAGO PLAYS IS IN FINDING AND TRAINING NEW LEADERSHIP TO LEAD AT THE CITY AND STATEWIDE LEVEL. EXAGO FORMALLY PARTNERS WITH THE CENTER FOR MISSION MOBILIZATION BY HELPING LEAD CONFERENCES THAT ARE HELD IN MANY CITIES AROUND THE U.S., AND THERE HAVE BEEN INVITATIONS TO DO IT GLOBALLY. EXAGO HAS THE OPPORTUNITY TO REGULARLY MINISTER TO AND COACH MISSIONIARIES THAT ARE EMBEDDED IN DIFFERENCE CULTURES, BOTH THROUGH THE USE OF TECHNOLOGY AND THROUGH PHYSICAL VISITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Babyar President | OfficerTrustee | 40 | $152,250 |
Pat Goodrich Director | Trustee | 1 | $0 |
Sarah Moore Director | Trustee | 1 | $0 |
Scott Bennington 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 | $223,808 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $223,808 |
| Total Program Service Revenue | $40,877 |
| 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 | $264,685 |
| 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. | $152,250 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $47,162 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,660 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $262 |
| 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 | $6,075 |
| Advertising and promotion | $828 |
| Office expenses | $3,130 |
| Information technology | $11,980 |
| Royalties | $0 |
| Occupancy | $3,897 |
| Travel | $20,499 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,524 |
| All other expenses | $193 |
| Total functional expenses | $256,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,218 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $960 |
| 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 | $2,603 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $34,781 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,047 |
| Total liabilities | $2,047 |
| Net assets without donor restrictions | $32,734 |
| 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 | $34,781 |