Destiny Ministries
- Assets
- $558.2k
- Revenue
- $55.8k
- Investments
- $0.0
- Employees
- 6
- Location
- Jacksonville, FL
- Founding
- 05/1987
- Data as of
- 12/2021
- EIN
- 22-2777636
Organization Overview
Destiny Ministries is located in Jacksonville, FL. The organization was established in 1987. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Destiny Ministries employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Destiny Ministries 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 12/2021, Destiny Ministries generated $55.8k 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 (7.2%) each year. All expenses for the organization totaled $87.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.1%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE INFORMATION WITH AN EMPHASIS ON A DEEPER LIFE COMMITMENT WITH CHRIST. THIS INCLUDES PROVIDING INFORMATION TO HELP STRUGGLING CHURCHES AND EFFORTS TO START CHURCHES OVERSEAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESTINY MINISTRIES INC (DM) IS INVOLVED WITH HOME GROUPS, HOME CHURCHES, AND INDIVIDAUL CHRISTIANS IN THIS COUNTRY AND SEVERAL OTHER CONTRIES (ENGLAND, NEW ZEALAND, AUSTRALIA, ALBANIA, HOLLAND, SOUTH AFRICA, GHANA, AND OTHERS) PROVIDING THEM WITH BOOKS AND CDS OF MESSAGES WHICH WILL ASSIST THEM IN THEIR PURSUIT OF A DEEPER SPIRITUAL WALK WITH JESUS CHRIST.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edwards President | OfficerTrustee | 20 | $0 |
Helen Edwards VP Secretary Tresurer | OfficerTrustee | 1 | $0 |
Mathew Moore Board Member | Trustee | 1 | $0 |
Scott Kurkian Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $53,050 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $53,050 |
| Total Program Service Revenue | $0 |
| Investment income | $2,754 |
| 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 | $55,804 |
| 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. | $29,917 |
| Compensation of current officers, directors, key employees. | $29,917 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,112 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,734 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $832 |
| 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 | $5,459 |
| Insurance | $1,151 |
| All other expenses | $6,857 |
| Total functional expenses | $87,732 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $471,238 |
| 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 | $68,793 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,200 |
| Total assets | $558,231 |
| Accounts payable and accrued expenses | $705 |
| 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 | $20,000 |
| Other liabilities | $0 |
| Total liabilities | $20,705 |
| Net assets without donor restrictions | $537,526 |
| 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 | $558,231 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Destiny Ministries has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Abilene Abilene, TX PURPOSE: PROGRAM SUPPORT | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
City Of Refuge Inc Atlanta, GA | $18,578,795 | $9,135,404 |
Living On The Edge With Chip Ingram Duluth, GA | $7,733,886 | $10,860,458 |
Teen Challenge Job Training Inc Columbus, GA | $2,036,662 | $7,928,506 |
Epworth By The Sea Inc St Simons Island, GA | $22,098,975 | $11,861,370 |
Lighthouse Gospel Mission Inc Riverview, FL | $956,099 | $6,409,452 |
Equip Leadership Inc Duluth, GA | $5,673,774 | $7,651,794 |
Learning Empowered Inc St Petersburg, FL | $2,480,728 | $4,768,957 |
21st Century Ministries Inc Bradenton, FL | $1,525,100 | $4,748,464 |
Celebration Inc Alpharetta, GA | $12,143,937 | $5,388,788 |
Man In The Mirror Inc Casselberry, FL | $4,107,188 | $4,112,268 |
Scott Dawson Evangelistic Assoc Inc Birmigham, AL | $1,381,144 | $3,273,711 |
Youth Outreach Ministry Inc Pensacola, FL | $414,112 | $3,819,026 |