Iron Sharpens Iron Inc
- Assets
- $26.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Winter Springs, FL
- Founding
- 06/2008
- Data as of
- 06/2021
- EIN
- 20-8090711
Organization Overview
Iron Sharpens Iron Inc is located in Winter Springs, FL. The organization was established in 2008. 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, Iron Sharpens Iron Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iron Sharpens Iron 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, Iron Sharpens Iron Inc generated $190.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (20.6%) each year. All expenses for the organization totaled $318.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.1%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EQUIP CHURCHES TO TRAIN MEN FOR SPIRITUAL LEADERSHIP IN THE HOME, CHURCH AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3
PRODUCTION OF 3 NEW ENGLAND CONFERENCES FOR MEN, 1 FLORIDA CONFERENCE FOR MEN, AND 2 CONFERENCES FOR MARRIAGE TO EQUIP THEM FOR SERVICE TO THEIR FAMILIES, CHURCHES AND COMMUNITIES.
PRESENTED VARIOUS TRAINING AND SEMINARS TO HELP LOCAL CHURCHES SUCCEED IN MINISTRY TO MEN AND THROUGH MEN.
MOBILIZED REGIONAL MINISTRIES TO RESOURCE CHURCHES WITH 17 FIRST CLASS ONE-DAY EQUIPPING CONFERENCES THAT ARE SPECIFICALLY DESIGNED FOR MEN (AGE 13 AND OLDER).
PRODUCTION OF 3 NEW ENGLAND CONFERENCES FOR MEN, 1 FLORIDA CONFERENCE FOR MEN, AND 2 CONFERENCES FOR MARRIAGE TO EQUIP THEM FOR SERVICE TO THEIR FAMILIES, CHURCHES AND COMMUNITIES.
PRESENTED VARIOUS TRAINING AND SEMINARS TO HELP LOCAL CHURCHES SUCCEED IN MINISTRY TO MEN AND THROUGH MEN.
MOBILIZED REGIONAL MINISTRIES TO RESOURCE CHURCHES WITH 17 FIRST CLASS ONE-DAY EQUIPPING CONFERENCES THAT ARE SPECIFICALLY DESIGNED FOR MEN (AGE 13 AND OLDER).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian S Doyle President | 40 | $125,065 | |
Mike Braham Interim President | 1 | $0 | |
Glenn Doyle Vice President | 1 | $0 | |
Ray Jeffs Treasurer | 2 | $0 | |
James Burks Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,164 |
| Total Program Service Revenue | $13,859 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $775 |
| Total Revenue | $190,798 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $186,496 |
| Professional fees and other payments to independent contractors | $23,955 |
| Occupancy, rent, utilities, and maintenance | $11,246 |
| Printing, publications, postage, and shipping | $12,413 |
| Other expenses | $84,570 |
| Total expenses | $318,680 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,896 |
| Other assets | $0 |
| Total assets | $26,513 |
| Total liabilities | $396,024 |
| Net assets or fund balances | -$369,511 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Iron Sharpens Iron Inc has recieved totaling $28,500.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: CHURCH | $28,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cross International Inc Pompano Beach, FL | $1,626,437 | $52,631,066 |
Ligonier Ministries Inc Sanford, FL | $54,142,799 | $25,858,613 |
Ravi Zacharias International Ministries Norcross, GA | $12,439,416 | $25,742,588 |
Inspiritus Inc Atlanta, GA | $4,563,820 | $17,981,504 |
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 |
Insideout Community Ministries Inc Clearwater, FL | $52,422,753 | $11,970,498 |
Elam Ministries Inc Alpharetta, GA | $5,679,728 | $12,042,641 |
Paramount Church Inc Palm Beach, FL | $0 | $8,970,572 |
Allegany Franciscan Ministries Inc Palm Harbor, FL | $132,053,877 | $12,610,220 |
Christian Sharing Center Inc Longwood, FL | $4,167,594 | $10,357,110 |
Maimonides-Shalom Academy Inc Fort Lauderdale, FL | $17,956,185 | $11,187,159 |