Adios Ministries
- Assets
- $18.8k
- Revenue
- $21.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 10/2008
- Data as of
- 12/2021
- EIN
- 26-1224270
Organization Overview
Adios Ministries is located in Portland, ME. The organization was established in 2008. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adios 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, Adios Ministries generated $21.3k 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 (25.6%) each year. All expenses for the organization totaled $32.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (20.7%) 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 EQUIP AND EMPOWER PEOPLE TO SERVE AND GROW IN ORDER TO IMPROVE OUR WORLD BY IMPROVING PEOPLES LIVES. ADIOS MINISTRIES INVESTS IN PEOPLES LIVES IN AN INTEGRATED MANNER THROUGH SHORT-TERM MISSIONS TRIPS, EDUCATION PROGRAMS, AND THROUGH SOCIAL ENTERPRISES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF CICRIN - ASSISTANCE PROVIDED TO CICRIN ORPHANAGE INCLUDING SPECIAL PROJECTS AND OPERATING SUPPLIES. PROJECT JUBILEE IS ONE OF THE PROGRAMS THAT AIMS TO HELP DISADVANTAGED CHILDREN GROW AND LEARN. WHETHER BECOMING PROFICIENT IN THEIR CURRENT STUDIES, LEARNING ENGLISH OR GAINING A PASSION FOR EDUCATION, WE PARTNER WITH THEIR SCHOOL AND TEACHERS AND PROVIDE RESOURCES. THIS PROGRAM HAS BEEN CENTERED AT THE CHILD REFUGE CENTER SCHOOL ON THE ISLAND OF OMETEPE IN NICARAGUA AND HAS SEEN GREAT RESULTS. OVER TIME, AS THE SCHOOL HAS GROWN, CHILDREN FROM THE SURROUNDING TOWN HAVE ALSO BEEN ABLE TO TAKE ADVANTAGE OF THE PROGRAM.
MISSION TRIPS - BUILDING AND REPAIR PROJECTS, IMPROVEMENTS, ASSISTANCE WITH FEEDING PROGRAMS, EVANGELISTIC PROGRAMS, GENERAL ASSISTANCE PROVIDED TO CICRIN ORPHANAGE AND LOCAL NICARAGUA CHURCHES.IN 2021, DUE TO THE GLOBAL COVID-19 PANDEMIC, ADIOS MINISTRIES HAS TEMPORARILY DISCONTINUED IT'S MISSION TRIPS PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ralph Merrill President | OfficerTrustee | 5 | $0 |
Karli-An Holt Treasurer | OfficerTrustee | 5 | $0 |
Joseph Guidi III Director | Trustee | 5 | $0 |
Robert Gardner Director | Trustee | 5 | $0 |
Financial Statements
| 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 | $21,281 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,281 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $21,281 |
| 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 | $29,165 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $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 | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $32,864 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,814 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $18,814 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $18,814 |
| 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 | $18,814 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Adios Ministries has recieved totaling $2,100.
| Awarding Organization | Amount |
|---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: HUMAN SERVICES | $1,600 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: GENERAL SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Water Project Inc Concord, NH | $8,538,789 | $7,242,242 |
Safe Passage New Gloucester, ME | $4,982,919 | $3,813,966 |
Preachers Aid Society Of New England Wells, ME | $55,258,723 | $3,082,891 |
Education For All Children Portsmouth, NH | $1,812,734 | $1,448,874 |
Good Soil Partners Inc North Hampton, NH | $533,130 | $868,367 |
Raise The Children International Portsmouth, NH | $848 | $326,643 |
Bannu Inc Berlin, NH | $486,265 | $560,557 |
Global Benefit Laconia, NH | $2,492 | $481,271 |
Galgos Del Sol Usa Lebanon, NH | $970,759 | $1,198,284 |
Friends Of Colegio Moriah Houlton, ME | $49,394 | $0 |
Kids Ark-Usa Peterborough, NH | $23,626 | $0 |
Epilogos Charities Inc Nashua, NH | $270,430 | $0 |