Spiritual Success Institute Inc is located in Greenville, SC. The organization was established in 1975. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Spiritual Success Institute Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spiritual Success Institute 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 12/2021, Spiritual Success Institute Inc generated $60.2k 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 (4.7%) each year. All expenses for the organization totaled $73.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SPIRITUAL SUCCESS INSTITUTE, INC. EXISTS TO FACILITATE PROVIDING SHORT-TERM ASSISTANCE TO CHURCHES AND MINISTERS OF RELIGION (OF LIKE FAITH AND PRACTICE WITH OUR ORGANIZATION) BY MEANS OF THE ON-SITE WORK OF OUR EMPLOYEES AND/OR BY MEANS OF THE BIBLE-BASED LITERARY RESOURCES WHICH WE MAKE AVAILABLE.
Describe the Organization's Program Activity:
Part 3
MINISTRY OF EVANGELIST IN DEVELOPING NATIONS - IN 2018, OUR ORGANIZATION'S PRESIDENT AND HIS FAMILY LIVED IN CAVITE, PHILIPPINES FOR 8 MONTHS WHILE PROVIDING THE SERVICE OF SPECIALIZED BIBLICAL TEACHING AND PREACHING TO 12 CHURCHES DURING WEEKLY MEETINGS, CAMPS, AND CONFERENCES. THIS SERVICE INCLUDED AT LEAST 156 SESSIONS WHEN OUR ORGANIZATION'S PRESIDENT SPOKE TO A GROUP OF PEOPLE, AND APPROXIMATELY 1,950 PEOPLE BENEFITED DIRECTLY FROM THIS SERVICE IN 2018. ON A VOLUNTEER BASIS, HIS WIFE ASSISTED HIM EVERY WEEK - AS AN ADDITIONAL TEACHER - TO PROVIDE THIS PROGRAM SERVICE.
FINANCIAL ASSISTANCE TO QUALIFIED ORGANIZATIONS AND INDIVIDUALS - IN 2018, WE GAVE CERTAIN AMOUNTS OF FINANCIAL ASSISTANCE TO THREE BONA-FIDE ORGANIZATIONS, TWO FOREIGN AND ONE DOMESTIC, IN ORDER TO HELP THEM PAY FOR THEIR FUNCTIONAL EXPENSES. FUNDS WERE GIVEN TO TWO CHURCHES IN THE PHILIPPINES IN ORDER TO AID THEIR PURCHASE OF 2 LOW-COST VEHICLES AND TO PAY EXPENSES FOR IMPORTING & DISTRIBUTING 640 CUBIC FT. OF RELIEF GOODS TO 5 CHURCHES AND 1 ORPHANAGE.
CORRESPONDENCE COURSE WITHIN THE U.S.A. - WE MAILED 883 PAMPHLETS TO ACTIVE ENROLLEES IN SEVERAL STATES DURING 2018, INDICATING AN AVERAGE OF 25 ADULTS (MOSTLY INMATES) EACH MONTH WHO CONSISTENTLY BENEFITTED FROM THESE FREE BIBLE STUDY COURSES. THESE COURSES PROVIDE INSTRUCTION FOR UP TO 24 MONTHS BY EIGHT SERIES OF LESSONS; AND GREETING CARDS AND BIBLE MEMORY AIDS WERE MAILED TO THOSE ENROLLEES THROUGHOUT 2018. ADDITIONALLY, THE FIRST LESSON BOOK OF THIS COURSE WAS GIVEN TO 6,037 INDIVIDUALS DURING THE YEAR 2018.
MINISTRY OF BIBLICAL LITERATURE RESOURCES - OUR ORGANIZATION MAKES AVAILABLE A SMALL INVENTORY OF GOSPEL TRACTS, BIBLE MEMORY AIDS, AND CHRISTIAN BOOKS WHICH ARE DESIGNED TO HELP PEOPLE BEGIN A GOOD PERSONAL RELATIONSHIP WITH THE LORD JESUS CHRIST AND TO RECEIVE BIBLICAL INSIGHTS AND ENCOURAGEMENTS FOR CONSISTENTLY LIVING IN A CHRIST-LIKE WAY WITHIN THEIR FAMILIES, CHURCHES, COMMUNITIES, AND PLACES OF WORK OR SCHOOL. APPROXIMATELY 3,745 PEOPLE BENEFITED FROM THIS SERVICE DURING 2018.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James R Hood Jr President | 36 | $36,770 | |
Barbara A Hood Secretary/tr | 10 | $7,975 | |
Andrew Moffitt Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $57,495 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $33 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $170 |
Total Revenue | $60,162 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $57,641 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $3,600 |
Printing, publications, postage, and shipping | $1,962 |
Other expenses | $10,005 |
Total expenses | $73,208 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $167,753 |
Other assets | $0 |
Total assets | $182,753 |
Total liabilities | $1,752 |
Net assets or fund balances | $181,001 |
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