Sandra Kennedy Ministries Inc is located in Augusta, GA. The organization was established in 2007. According to its NTEE Classification (X20) the organization is classified as: Christianity, 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. Sandra Kennedy 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, Sandra Kennedy Ministries Inc generated $392.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $272.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.1%) per year over the past 4 years. 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
SANDRA KENNEDY MINISTRIES HOSTS TEACHINGS ABOUT HEALING AT THE "HEALING CENTER" OPERATED ON THE SAME PROPERTY IN WHICH DR. KENNEDY PASTORS. PARTICIPANTS COME FROM AROUND THE WORLD TO LEARN ABOUT HEALING FROM THE BIBLE. MESSAGES ARE RECORDED AND BROADCAST ON VARIOUS TELEVISION AND SOCIAL MEDIA NETWORKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SANDRA KENNEDY TEACHES THE WORD OF GOD AND THE MESSAGES ARE RECORDED AND SHARED ON A VARIETY OF MEDIA FORMS FROM CDS, DVDS, MP3S, AND ARE ALSO AVAILABLE ON THE WEBSITE. A MONTHLY LETTER IS SENT OUT TO DONORS AND USUALLY INCLUDES A CD OF ONE OF THE PREVIOUS MONTH'S MESSAGES. TELEVISION AND RADIO AIRTIME IS ALSO PURCHASED TO TELL THE WORLD ABOUT THE SAVING GRACE OF JESUS CHRIST AND HEALING. CONTRIBUTIONS AND HONORARIUMS ARE THE MAIN SOURCE OF REVENUE FOR THIS MINISTRY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rev Sandra G Kennedy President/trustee | OfficerTrustee | 20 | $36,000 |
Ms Pat Fitzgerald Secretary/treasurer | OfficerTrustee | 12 | $0 |
Mr Myles Anderson Trustee | Trustee | 4 | $0 |
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 | $352,298 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $352,298 |
Total Program Service Revenue | $0 |
Investment income | $1,371 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $3,895 |
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 | $35,114 |
Miscellaneous Revenue | $0 |
Total Revenue | $392,678 |
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. | $36,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $41 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $18,316 |
Office expenses | $9,281 |
Information technology | $21,293 |
Royalties | $0 |
Occupancy | $3,000 |
Travel | $934 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | -$2,640 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $272,502 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $516,408 |
Savings and temporary cash investments | $495,415 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,062 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $125,749 |
Prepaid expenses and deferred charges | $1,072 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $301 |
Total assets | $1,141,007 |
Accounts payable and accrued expenses | $26,779 |
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 | $26,779 |
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 | $1,114,228 |
Total liabilities and net assets/fund balances | $1,141,007 |