On Targe Ministry Inc
- Assets
- $12.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Des Moines, IA
- Founding
- 01/2008
- Data as of
- 05/2023
- EIN
- 20-8570096
Organization Overview
On Targe Ministry Inc is located in Des Moines, IA. The organization was established in 2008. 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. On Targe 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 05/2023, On Targe Ministry Inc generated $112.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $113.8k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 7 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
ON TARGET MINISTRY, INC. PROVIDES TWO YEARS OF TRAINING (4 MODULES) AS"ADVANCED BIBLE TRAINING" TO CHRISTIAN WORKERS IN VARIOUS PARTS OF THE WORLD, INCLUDING THE HAITI BIBLE INSTITUTE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr James Bearss Chairman And President | 40 | $36,000 | |
Dr J D Watson Vice Chairman, Director | 1.5 | $0 | |
Steve Svendsen Secretary And Director | 1.5 | $0 | |
Rick Piatt Director | 1.5 | $0 | |
Jack Jenkins Director | 1.5 | $0 | |
Rich Powell Director | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,979 |
| 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 | $111,979 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $43,200 |
| Professional fees and other payments to independent contractors | $2,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,812 |
| Other expenses | $66,672 |
| Total expenses | $113,784 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,060 |
| Other assets | $0 |
| Total assets | $12,060 |
| Total liabilities | $4,275 |
| Net assets or fund balances | $7,785 |